What would you do with 10million USDollar?
By David_B
@David_B (89)
March 17, 2007 1:01pm CST
Imagine yourself winning this enourmous sum of money. Would it change your life? What would you do with it? Share it with your friends? Give it to charity? Put them on the bank?
Do you think it would change your life? Would it be better or worse. Research has shown that many lottery winners end up in severe debt? How can that be?
5 responses
@houdini16409 (192)
• United States
19 Mar 07
If I won 10 million dollars, I think I would be one of those in debt. I think that people who win that kind of money get a little greedy and spend, spend, spend. They do not work with financial people and just go crazy. I don't know how to manage money so I would be one of those.
@dianek93 (16)
• United States
21 Mar 07
I would first pay off my debt (not large, but weighs on my mind), then buy a lot and begin building my dream home. Buy myself a car, and my mom one too. Buy furnishings for my home. Fix up my grandmas home. Give a bit to some of my friends who need money. Find a charity I think is worthwhile and where most of the money will go to the cause and donate a bit there. Buy various insurances (car, dental, home, health, life whatever). Hmm... buy a few more clothes... if I don't hate the styles I see... Ummm then I guess invest the rest. Hopefully I'll still have a few million so I can mostly live off of the interest :)
@devildinesh (183)
• India
17 Mar 07
That is a good question.If i get that amount i would use 50% of it for starting my own concern and the rest i will distribute among my friends,relatives and i will give some to the charities.But i do not know the reason for the lottery winners to end up with debt..
@kurtbiewald (2625)
• United States
17 Mar 07
the first 50K would help
I wouldn't need the rest of it