What would you do with $270,000,000??
By 34momma
@34momma (13882)
United States
18 responses
@maddysmommy (16230)
• United States
21 Feb 08
SCREAM and probably faint! LOL
then think should I tell my husband or not, should I or not LOL nah kidding!
I wouldn't have the slightest idea where to start actually. I have a few things on my list that I would probably need to take care of first before spending any of it on us and our families!
1 person likes this
@maddysmommy (16230)
• United States
21 Feb 08
And it would be a star 5 hotel too LOL why not huh?
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@awonderfullife (2893)
• United States
22 Feb 08
Well girl, you know I like to dream. SO...
1. I would take the lump sum, so now I'm down to $135 million before taxes.
2. Let Uncle Sam take his share, now I'm down to about 67 million.
3. Have hubby quit his job and start his own business (something he's always wanted to do).
4. Buy a new house, closer to my parents. Pay cash for it of course
5. Buy 2 of the safest SUV's on the market (probably Volvo's)
6.Pay off the mortgages off all of my siblings OR give them each a set amount of money
7. Start college funds for my kids and nieces and nephews
8. Donate a ton of money to a charity or possibly to our church or my kids school
9. Buy new furniture for my gorgeous new house
10. Realize that money doesn't buy happiness, but it can sure help!
@Savvynlady (3684)
• United States
22 Feb 08
I like the way you approached this answer that I appreciate that. The lump sum is a good thing and I'd make sure good old Uncle Sam get his right off the bat too. Just wanted to say.
@Rozie37 (15499)
• Turkmenistan
22 Feb 08
Well according to a recent news post on Mylot, I would have to pay half of it to the government for the aide that they gave me in times of need. After that, I would put a down payment on my first house and then go on a shopping spree.
@terilee79720 (3621)
• United States
22 Feb 08
First thing I would do? Hide!
Second thing I would do? Hire a good lawyer.
Third thing I would do? Stay hidden until my lawyer filed protection orders against everyone in my family! LOL
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@Savvynlady (3684)
• United States
22 Feb 08
I just LOVE these questions myself. But to be honest, the FIRST thing I'd do once that check clears is QUIT BOTH MY JOBS!! I work two jobs and can barely take the time to do anything like clean up or anything and with that kind of money, I'd quit, hop a plane, and DESTRESS~~. I'd make enough provisions so that my mother would live comfortably for the rest of her life and mine as well. That I feel would be best. thanks momma.
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@34momma (13882)
• United States
22 Feb 08
savvy that sounds like a good plan to me. wow two jobs you are a working lady!! i am suprise i have time to think with my one full time job, building this new business, my three kids and my husband! i should be in a padded room. maybe i am and i am dreaming i am on mylot
@pinay81 (1535)
• Philippines
22 Feb 08
for me the 1st thing i will do is to put it all in my bank then i will make a plan list the list for my family and myself to buy house, make a business and the other list is for other donation to the charity for children, old people, sick and handicaft people:-)
@irene_27 (542)
• Philippines
22 Feb 08
Should this happen, the first thing i would do right after knowing the good news is to drink a glass of water or i might faint. Soon as the amount is with me i'll buy a big house and go on vacation including a visit to Disneyland together with my parents. Afterwhich i will have to donate some amount to our church in my hometown as one way of thanking God for such a wonderful blessing. The rest would have to be put in a bank for future plans.
@persephone04 (48)
• United States
21 Feb 08
I would get help with a lawyer and financial adviser.
I have thought that I would help out a few charities that are close to my heart, Pay off all bills, buy a house.
With that much money, you could put so much away and live of the intrest for life.
I know one of the first things is get an unpublished phone number.
My friend won the Florida lottery a few years ago and got a ton of calls from everyone asking for money.
I hope who ever does win it, needs it.
Best of luck.
1 person likes this
@DelicateFlower (314)
• United States
22 Feb 08
I would probably first hire a lawyer and consult with him/her about what is going to happen now, how I can protect myself from unwanted publicity and the potential sting of stupid lawsuits. I've heard that some lottery winners who are considered by all their friends to be the greatest people suddenly have all these other people who don't really know them come up with some stupid reason why they should be suing this person. Then I guess I would start doing some research and deciding what mission organizations I was going to give to and how I was going to go about doing that. I'm not sure what I would do for myself. Invest in some of the best things, after finding out what they are. Buy my family several acres and build a lovely medium sized house and a barn. I don't want a huge house, it makes me feel lost. And then a Steinway!!! That is like, my ultimate dream, since I'm a pianist to be able to aford one.
@34momma (13882)
• United States
22 Feb 08
oh a piano how wonderful. i don't play but i want to see one of those in my brand new home once i finish building it. and of course i would like to build my own school so children in low income areas can get a real eduaction. that is something i would love to do one day
@brian7914 (53)
•
21 Feb 08
The first thing I would do is change my phone number. I don't need every Tom and Bill calling me.
The fisst thing I would do with the money is payoff the construction cost at our church, about 950,000 so we don't have to worry about it. take a nice trrip, retire, and develop a trust fund for my daugyter so that she is guarenteed some money as she gets older.
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@34momma (13882)
• United States
21 Feb 08
LOL i know that's right!!great ideas brian! and good luck to you if you played. I would so change my number. as a matter of fact i would just take this phone and drop it in the trash and get me and my family all new phones with new numbers. go in hidding for about a year.
@queenofarms (1659)
• United States
22 Feb 08
I would pay off my bills and then help my family out. Then buy me a house.
1 person likes this
@ebsharer (5515)
• United States
21 Feb 08
Well I wouldn't do any thing until the money was in hand. I would take it as a lump sum not as a yearly payment. The first thing I would do once money was in hand would be literaly knock my house down. Then I would pay off a couple of my family members mortgages. I would put college money away for my kids and start trust funds for them. Then I would travel with my husband for a while and see where life takes us from there. Can you tell I have thought about this before? lol
@34momma (13882)
• United States
21 Feb 08
yes me too lump sum. i would do that and this is for those who don't know. If something happened to you before you are all paid out, you can not will the rest of the money to anyone. So make sure you take the lump sum to me it's the best way to go. you get a bit less but with this kind of money once invest you would so get it back
@Ravenladyj (22902)
• United States
21 Feb 08
LOL my husband and I were just discussing that last night actually! We've got tickets for it (and I think I'm going to buy more tonight too when we're out).....We have a pretty good idea of what we'd do VERY FIRST which is go to a lawyer...then of course pay off ALL debts, give money to loved ones/friends etc....build a new house deeper back from the road, brand new furniture...new cars and "toys" (ATVs etc LOL) and put money aside for ALL the kids to recieve when they turn 21 or 25....also we'd give to our favourite charities..
After that we'd divide it up evenly between the two of us and he can do whatever with his half and I with mine :-)
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@ahgong (10064)
• Singapore
27 Feb 08
Well, the very first thing I would do is to take 10% out and put it in a fixed deposit. Then let the money grow for a year. Take the profits and donate it to charity. And regrow the same 10% for another year. That way, it ensures that I give back a little of what I gain on a long term.
Then I will clear all my credit debts and invest the $200 million in some fund that I will live off for the rest of my life!
@cynicalandoutspoken (4725)
• United States
21 Feb 08
Move out of New York. J/K J/K
Being that I am practical I would first sit down and figure out how much Uncle Sam was going to rape me in the taxes I had to pay on it then I would figure out exactly how much I would actually be getting in spendable cash over the next 40 years.
After I knew what my payout was going to be I would put away enough for all 4 of my kids to have a fully paid collage scholarship and a sizable chunk in an IRA for me.
THEN and only then would I go SHOPPING! Probably on Grand Cayman. lol
1 person likes this