will you QUIT your JOB in you WIN millions in LOTTERY?
By ruthinian
@ruthinian (2309)
United States
April 19, 2008 6:05am CST
A couple who won $150 M in lottery was interviewed in the news. The newscaster asked the couple what was the first thing they did when they found out that they won the jackpot. And the husband replied... I CALL MY BOSS, AND SAID I AM QUITTING MY JOB.
What about you? Will you also quit your job if you win millions in lottery? Why? If Yes, what will you do if you will not be working?
As for me... I will. Then, for the first year, I will travel the world. Then, when I get tired, I will go back to school and study language or arts, or maybe buy an island and write a book.
17 people like this
94 responses
@jellyjam74 (205)
• Canada
20 Apr 08
i would definitely quit my job. my best friend and i have a deal to share equally any winnings that we might get. we would travel, then perhaps open a clothing store that would take into account all the things that we love and hate about shopping. oh and of course help out our families!
1 person likes this
@jellyjam74 (205)
• Canada
21 Apr 08
do you mean that i should keep all the money and not share it with my best friend? because that is completely out of the question. we made a deal. she would give to me and i would give to her. who would i travel with if she had to work? it is much more important to me that the people i love and care about are happy. what good would it be for me to have all that money if i kept it all to myself while i watched my best friend and our families struggling to survive...(if this is not what you meant, please explain...and i am sorry if i got it wrong)
@ruthinian (2309)
• United States
25 Apr 08
I agree with you Jellyjam, sharing the blessings with people we love is priceless. You cannot buy the happiness that you would bring to those people. And of course, if you made a promise, I believe that you have to keep it because you will not be happy if the fate happen to your friend and she wouldn't keep that promise. Friendship is priceless too.
@Hatley (163776)
• Garden Grove, California
6 May 08
Since I am retired I am going to buy a house with some of that money then am going on a cruise to the british Isles and when I return I will built a gorgeous garden with all sorts of things in it. I will buy my son a decent car and we will split the money right down the middle and it will go into savings accounts and we will stock up on food and pay off all bills and then
return to our old habits most likely. if we won the lottery thatis
1 person likes this
@ruthinian (2309)
• United States
7 May 08
I agree with you, a lot of people would really think about the necessities in life and then pay bills. These are all the things why we are working hard after all.
1 person likes this
@MsCYPRAH (394)
•
20 Apr 08
Yes, there are a number of reasons why I would quit my job if I won the lottery, and most of them are practical and necessary. The main reason for quitting my job is that having won the money, why would I wish to hold on to a job that someone else could then have? That's rather selfish. Secondly, no matter how one might pretend that winning the lottery won't make a difference to one's life, it will, as night follows day, no matter how 'normal' one will try to live after the win. Other people will make sure one has to change.
To begin with, winning the lottery is a major gift and should be appreciated. Many people tend to suffer from guilt after winning big sums by hardly living any differently and fearing that they might appear 'flash' or 'stuck-up' to their friends and neighbours. But the best thing one can do with such good fortunes is to give thanks, donate some of it to others, pamper relatives and close friends, then move away from the district to somewhere where one is not known and one can start a new life in privacy. That's the only way one would be able to lead any kind of normal existence, living among people with money too who do not know how you got yours and how much you have.
That action is important because money causes envy and jealousy. No matter how people try to ignore it, or pretend not to notice someone else's good fortune, when it happens to a close friend or neighbour, all sorts of psychological effects come into being. Friends begin to worry that you might think they are now interested in your money; neighbours start watching how you are going to deal with it, and whether you will get above yourself and snooty, how much you will spend, whether you will be mean or generous, what you will give away and how you will deal with it. No matter how much you might try to act as you have always done before, having millions in your bank which other people know about is guaranteed to change their attitude towards you when they have so little. It's human nature if you are struggling and your relative just came into money. Difficult to know how to treat them.
So the best thing is always to give up the job within a week, without too much fuss, gather friends and families around you for drinks and presents, and get the hell out of there to a new life of comfort and fulfilling your dreams! To give thanks for your windfall by making the most of it.
@ruthinian (2309)
• United States
25 Apr 08
Very well said. I guess you have already draw up a plan if every you win. And everything is well-thought off. That is a very good attitude. You are ready to win then.
I agree with you. Quitting the job will open a good opportunity for someone who needs it. And sharing the blessing with people you love is just part of giving thanks for such blessing.
I know people will also be jealous of someone else's fortune. THey may take it in a positive or negative way but then, it depends on you how you will handle it. Living life in luxury is everybody's dream and to have it a reality is indeed a blessing.
@shewolf52002 (1214)
• United States
20 Apr 08
Yes! Yes! A thousand times yes! Take the job and shove it.
1 person likes this
@underthesun21 (58)
• Philippines
20 Apr 08
Well, if i win $150 million in a lottery, I definitely would quit my job. But I would like to keep a low profile. I'd thank God for the wonderful blessing he had given me. Then, I'd put split the $50M dollars for safekeeping in different banks. The rest of the $100M would go to the following:
1.Look for prospective business and investment ventures (includes local and foreign stock exchange, investment portfolios etc)-- 60% of the money would go to this..
2.Go back to school to get an MBA.
3.Buy a more spacious home at a better community for me and my parents.
4.Buy cars(for me and my family)
5.Traveling and shopping
6.Insurance for myself and my family (I'm still young and single, so that would be for my parents and younger bro)
7.Set aside a trust fund for my younger bro and niece
8.Start my own business.
9.Contribute to health and welfare charities and NGOs
I'm going to keep watch of my investments to make sure that I profit from it.
1 person likes this
@ruthinian (2309)
• United States
25 Apr 08
You are ready to get rich then. You already have every well-planned out and that is a good thing. You think of all the things important and that is an indication that you are a well organized person. You want to make sure that your money is properly managed. Good job. Hope you win soon. Just don't forget me when you do. I would appreciate it if you could share me some blessings too... a laptop maybe?
@ckimkimkim (214)
• Philippines
20 Apr 08
i'm still studying but if i won millions... well, i will not quit studying, in fact i want to study at harvard... and i want to have a business to hire many people to have jobs so they would earn money
1 person likes this
@ruthinian (2309)
• United States
25 Apr 08
Good for you. That is right, education is priceless. That is your only treasure that nobody can steal.
@pumpkinjam (8769)
• United Kingdom
20 Apr 08
I would certainly quit my job if I had that much cash! I would possibly still look for something else to do which I would enjoy but I wouldn't have to do it. I could think of a lot of things to do. I'd spend more time with my kids, maybe buy a house or two, travel the world, learn to fly a helicopter. And lots more. I'd also invest in some local groups, theatre, kids activities, that sort of thing and I'd get involved with them... I don't think I'd get bored anyway.
@pumpkinjam (8769)
• United Kingdom
26 Apr 08
I completely agree with that. I've stayed home with my kids for 8 years and now I'm working because we can't afford for me not to. I'm grateful that although I don't actually like my job that much nor, in fact, do I earn a lot from it, it fits in with my kids and I don't have to leave them for very long. I would still like to be able to not have to leave them at all!
@ruthinian (2309)
• United States
25 Apr 08
Yes, quitting job and spending more time with you kids is priceless. If you have the money and not worry about the future, there is nothing more important thing to do than be with your kids. THey are the reason why we work so why work if you can afford to stay home.
1 person likes this
@IddiKlu (176)
• United States
20 Apr 08
Money is freedom!
You work to be able to live, hopefully not because you know nothing better to do.
Some safe investments will pay enough so you can live off the interest or dividends, and the principal should be growing at least so that it stays even with inflation.
Most people are so financially ignorant, that big windfalls like that ruin their lives.
Also, most financial advisers have NO idea what should be done. They usually suggest a up front payout. WRONG.
By getting it over 25 to 30 years, you lower your taxes, and with the income stream you can always buy a lump sum (loan) that gets paid out of the income stream...
Taxes are only paid on the yearly annuity.
@ruthinian (2309)
• United States
25 Apr 08
I agree with you, money is freedom. It gives us the security we need that is why we work hard. And, being able to know how to manage your money will set you for life.
@rhettaa (213)
• United States
25 Apr 08
I don't believe that the only reason to work is to live. Can't you also work to create something, share something, or contribute something?
I'm a writer. I would write if I didn't get paid for it. I do write when I don't get paid for it.
I know teachers, nurses, doctors, artists, musicians, and many others who work not only for money but because they feel fulfilled by their job.
I really object to that line about having "nothing better to do."
@checapricorn (16061)
• United States
19 Apr 08
I will for sure! I will invest my money, study what's best for business and start working on it, travel with my family and husband, give capital to my family to start also investing, support a charity, and just enjoy life everyday with my loved ones!
@ruthinian (2309)
• United States
23 Apr 08
Of course, who wouldn't love that... spend and enjoy life with our loved ones. If we really have the money to enjoy life why not?
@ruthinian (2309)
• United States
25 Apr 08
Of course, being your own boss is better than having a boss.
@BYOLA2871 (4371)
• South Africa
19 Apr 08
well if i win $1m i am sure the first thing i will do is go into hiding and think out very deep what i can do with the money so that i can increase or multiply it and not decrease it,i will never want to squander it,it can be a little difficult not to quit your low paying 9-5 job but i guess your boss himself will ask you to go if he is not earning so much himself,but am sure an investmen advise will be my first option before quitting my job
@BYOLA2871 (4371)
• South Africa
26 Apr 08
yeah,cos just quitting like that,the excitement will most likely amke you misbehave ,$1m is quite a lot and can accomplish much more if well managed over time,some people dont need that much to become successful in life.
@ruthinian (2309)
• United States
23 Apr 08
I guess you are right. If you get that money without so much struggle, you might as well think of the right way to keep it and think of a way how to grow it. With our crazy economy it is easy to spend the million and before you know it, it's gone.
@jewelenterprises (1996)
• Australia
20 Apr 08
It would depend on how much I won if I was going to quit my job. If it was less than 10 million then I probably wouldn't quit. I would reduce my work hours but not quit altogether.
If it was over 10 million then yeah, that's more than I could expect to earn in my lifetime so I would ring the boss and tell him to shove the job where the sun don't shine ... Of course, I would wait until I had the money in my hand before doing that though.
What I would do then is pay off all my debts and purchase several investment properties. Most likely a block of apartments since they are generally cheaper than houses but the rental income isn't much cheaper than it is for a house. I'd have a real estate agent to manage the property so I didn't have to worry about the day to day issues of collecting rent etc and then I would live off the rent that was coming in.
Of course, I would have to make sure that I had some interests outside the house to keep me from being bored. But I would probably dedicate more of my time at home in developing my internet business so I had an extra income stream.
With only minor expenses (since I no longer had a mortgage or credit card debts) I would have plenty of income coming in to make sure that I could have plenty of holidays with the family etc.
@ruthinian (2309)
• United States
25 Apr 08
Well, looks like you are ready to win now. Everything is well-planned and I like that. You got all things considered. A well-planned future is an assurance of a bright future.
@jewelenterprises (1996)
• Australia
25 Apr 08
Thanks Ruthinian (and thanks for best response too)
You hear a lot of stories about people winning huge amounts in the lottery then being chased by debt collectors only a few years later. I think the main reason for that is because they don't plan for the future with the money. They just go on a spending spree. Maybe they try to invest in some things without the advice of a professional and lose the money they invest.
Of course, real estate is one of the most reliable investments since real estate prices are not nearly as volatile as most other forms of investment.
Geez, I tell you what though, I wish I'd had $10,000 to buy gas shares 10 years ago... I'd be making an absolute killing on it now if I had Here in Australia this weekend petrol (gas) prices are expected to hit $1.60 per litre ($6.19 per gallon)
@longbangod (1785)
• Philippines
19 Apr 08
The kind of job I have now? and being far from my family, I will surely quit. I am here for money so if I have money already, theres no need to bear the sacrifice of being alone and away from my love ones.
I hope I will win soon, lol.
• Finland
19 Apr 08
Well,I will Not Quit My Job.Conitinue Doing It,rather than sitting at Home as I am not that good at Business.And plan for proper Savings.
@ruthinian (2309)
• United States
23 Apr 08
Yes, I agree. The reason we work is to provide for our family. And if we are far from them, it's a sacrifice. So if you have the money to provide, why keep the job that keeps you away from them, right? I hope we all win soon.
@secretbear (19448)
• Philippines
1 May 08
hi ruthinian!
if i won millions in the lottery i'd be quitting my job too! i will also travel the world because that is my greatest dream! there's a lot of places i want to visit and i need lots of money for it! and then i would buy everything that i like! i would also buy stuffs from my family and relatives. and since money will not always be there, i would invest on something that would make my money profit more. i might buy stocks or build a business or something.
@ruthinian (2309)
• United States
5 May 08
Yes, I agree investing the money is the right way to manage it so that you can feel more secured.
@angemac23 (2003)
• Canada
19 Apr 08
I would quit one of my jobs.....I would quit my call center job , but I will always be a writer no matter how rich I become.
@wrangel15 (1443)
• Philippines
6 May 08
That's true. Money can buy many thing in this world but it still cannot buy or replace everything especially the things we like to do or our passion.
@wrangel15 (1443)
• Philippines
6 May 08
I will still stay on my current job.
Money is a big thing but it cannot replace my passion. I like my current job and I'll just invest my money if ever I won in lottery. Many people forget their previous situations when they already have money. Investing it is better than spending it. I would invest instead of buy.
@ruthinian (2309)
• United States
6 May 08
I agree, if you love you job why quit. Money is not important if you are happy with what you do.
@elsoft12 (1821)
• India
19 Apr 08
If I win a lottery for $150 M..I will quit my job...for sure..lol.
I will use 30 percent of that as an investiment for starting my own business....and remaining 70 percent will be for a combination of spending as well as saving.Because the value of the money lies in how much one can spend.
@ruthinian (2309)
• United States
20 Apr 08
I agree, while work if you have the money. You may want to invest and enjoy the benefit.
@gloamglozer (1289)
• Australia
19 Apr 08
well... id still finish skool and get job and do it for the experience.
@xialinye (1403)
• China
20 Apr 08
same here...
definitely,i will finish my college...money doesn't mean anything.without knowledge,maybe we will lose our money in one night..maybe you will ask how?
for example,bad investment or cheat by other company....
so knowledge is more important than money...money is just like a visa in real world,we can go everywhere with it.but knowledge is like a ladder,to the spiritual world,which is more real,i think.
i love the saying "that they get bored with childhood,they rush to grow up,and then long to be children again.that they lose their health to make money...and then lose their money to restore their health.
that by thinking anxiously about the future,they forget the present,such that they live in neither the present nor the future.
that they live as if they will never die,and die as though they had never lived."
@ruthinian (2309)
• United States
20 Apr 08
Yes, education is the best investment you can have. you may have all the money in the world but you cannot buy education. it is more important.