If you won the lotto, what would be the first thing you do?
By EKOBERNIE
@EKOBERNIE (264)
United States
November 8, 2010 11:01pm CST
If you won the lotto at least 100 million dollars, what would you do is the question. Everyone says usually take a trip around the world. Is it true what would you take a trip.
I personally would not do anything for a year and make out a plan on what I will be doing and believe me its not taking a trip around the world.
3 people like this
9 responses
@EKOBERNIE (264)
• United States
10 Nov 10
I am poor, would you consider giving some money to me. Would you really do that or are just saying that since it is no sweat money. I wonder?
@zandi458 (28102)
• Malaysia
11 Nov 10
I am not new to charity or donation. My family has recently donated a big piece of land to build a church and would continue doing charitable works now and in future. Read Archbishop Launches New Putatan Church Fundraising Project at this link which confirm that I am no sweet talker: http://www.kkdiocese.net/catholic_sabah/cs.cnt?c=200901
@EKOBERNIE (264)
• United States
11 Nov 10
Thank you for your comments, never doubted you for a second. Thanks for all your givenness.
@dapy17 (74)
• Philippines
10 Nov 10
1. I'll give donation to our church.
2. I'll give my siblings and nieces/nephews $1M pesos each. But it should be put in the bank. But there should be a MOA between me and them. My niece/nephew can withdraw it until they graduated from college. My siblings can withdraw it until the interest reach 50% of the deposited amount.
3. Aside from the $1M I'll also set aside a budget for my siblings for their businesses or investments.
4. Buy things I that I want: car, house, etc....
5. Invest some of it.
6. Give money to my parents.
7. Give to those who are in need or donate to some institutions.
8. And of course SAVE.
@EKOBERNIE (264)
• United States
11 Nov 10
Thank you for your answer, is this the order you would give your money. Number 1 is Church, number 4 should be number 1 don't you think so. Take care of yourself first than the church than your siblings and so on.....
@greenline (14838)
• Canada
10 Nov 10
If I win a lottery prize, a big amount, the first thing I would do will be to donate money to organiztions which are helping the victims of natural disasters, such as the volcano eruption in Indonesia, and hurricane in Haiti. They need a lot of help from people around the world. The faster the help comes, the better will be for the victims to survive.
@EKOBERNIE (264)
• United States
11 Nov 10
Thank you for your answer, I just hope everyone thinks like you if they did this would be a better world to live in.
@ketybhagat (4123)
• India
9 Nov 10
Winning a lottery is a dream come true, and the first thing would be an unbelievable expression on my face. Well, once the fact sets in, Id like to see that my old age is secure, so Id probably invest the money wisely, part of it would definitely go to charity and party of it would be for any form of enjoyment that I may feel at that time. What is the use of money if you cant even enjoy it on yourself, huh ? Id go shopping, eat in starred hotels, go abroad etc. Oh gosh, the thought makes me feel gooey, hehe.
@EKOBERNIE (264)
• United States
11 Nov 10
That is why I asked this question, so I can make you feel gooey. I hope you do win and feel gooey, lol.
@CJscott (4187)
• Portage La Prairie, Manitoba
9 Nov 10
I will NEVER win the Lottery, I no longer play. The Lottery is a voluntary tax on people that are really bad at math. You have a 10 times higher chance of getting struck by lightning then winning the lottery, and really after getting hit by lightning 10 times, would you know what to do.
However, if say, I inherited a lot of money, the first thing I would do, is eliminate my debt, then I would invest, then I personally would travel, I would like to visit every country in the world at least once before I die, and that would be the simplest way.
On a side note, Someone does have to win the lottery and it might as well be you, but consider the following.
I have a friend named Renanto, he spends 12 dollars a week on the lotto. So each month he spends 48$, which turns into 576$ per year, now, he may or may not win the lotto, however, if he chose to invest this money rather then buy lotto tickets, in 30 years he would have. 17280, now if he got a 10% annual return on his base 576, due to his investments he would earn a heck of a lot more then is total investment of 17280, which is a guaranteed increase in wealth, rather then a slim chance.
Sincerely and With Appreciation.
@CJscott (4187)
• Portage La Prairie, Manitoba
11 Nov 10
For many, myself included, the Dream is Earning the money through personal efforts.
@EKOBERNIE (264)
• United States
11 Nov 10
Thank you for your answer. Some of us like to dream, thats what makes us get up in the morning. I know it is impossible to hit the lottery but we can dream can't we.
1 person likes this
@AirForceAngel (1)
• United States
10 Nov 10
I would pay off all our debt to include both cars and both houses. The next thing i would do is pay off my parents house and then my inlaws house. Then VACATION!! :)
@pogi253 (1596)
• Philippines
9 Nov 10
Winning the lottery can be an thrilling time in any person's life, more than ever if it is the common, hard working class person who is struggling to make ends meet. It would be evenly beneficial to anyone , because of the world wide recession, and credit crunch. The lotto winner has to protect against predators, and get rigid security for the safety of him and his family. The winner should not let the winning get his head, but carefully plan all his decisions, and if he wants to start a business he should do his homework first, and then venture into an anonymous. The lotto winner should pay off any loans, debts or his mortgage, straight away, and if he has children save for their future. The lotto millionaire should walk cautiously, because if he mismanages his funds, he will be in debt, and left dirt poor.
@EKOBERNIE (264)
• United States
11 Nov 10
Wow you really thought about this question din't you. I think who ever wins the lottery should take your advice.
@beeh13u (1037)
• Philippines
9 Nov 10
I was thinking the same thing. Every night I like to imagine things before I sleep so that it will continue in my dreams.
First, I'll give 75% to my family. I think they like to buy a new house, then new appliances and etc. I own the remaining 25%. I'll get a body bleach. My skin is so sensitive to mosquito bites then I get dark spots from it. That's why I want to have a flawless skin. Then I'll buy clothes. Lastly, I'll buy a car! I really like to drive a car. I feel so happy when I hear the sound of the car turning left/right.
@EKOBERNIE (264)
• United States
11 Nov 10
Wow great minds think alike, that is how I go to sleep at nights. I make believe I won 100 million dollars and I divide that amongst family and how I can make more money.