if you won the lottery
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Old 01-14-2012, 03:38 AM   #1
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Let's say u win 7 million what would u do.... id buy a 7 million dollar car
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Old 01-14-2012, 03:47 AM   #2
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I'd buy a house, probably around 100k or so, get my wife her dream car, get myself a few old classics to lovingly restore over the rest of my natural life, and chill the f### out!

A massive shop/garage would have to go with the resto projects, well equipped of course.

The rest, I'd invest it and watch it grow.
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Old 01-14-2012, 03:49 AM   #3
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I would invest a few hundred thousand in my property. Save the rest.
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Old 01-14-2012, 03:51 AM   #4
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Part of my investment would be a 5000 square foot shop with an indoor shooting range and two or three car lifts to work on my projects..... Set up the underground bunker. all of that.
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Old 01-14-2012, 03:52 AM   #5
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Id still come to work and be an ******* to everyone and try and get fired lol
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Old 01-14-2012, 03:55 AM   #6
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I'd put about $1,000,000 into property, house, motorized toys and guns. The rest I would invest and live off the interest.
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Old 01-14-2012, 03:55 AM   #7
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Quote:
Originally Posted by stoppingpower View Post
Id still come to work and be an ******* to everyone and try and get fired lol
That would be a problem for me seeing as I am self employed.
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Old 01-14-2012, 04:01 AM   #8
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I'd spend a few tens of thousands on research of accounting firms and when I found the one, I'd have them manage and invest the rest and live off the interest/investment income.

Edited to add: There'd be a purchase I'd make first, though. My dream property/ranch in eastern Texas. That's where I'm going to retire so that might take around a million to finance.
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Old 01-14-2012, 04:24 AM   #9
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7 mil. OK, take the payout (at our age do you think you'll collect 20 years?), that cuts it down to about 1/2. So now you have 3.5 mil. I don't know the tax rates on gambling, but I think you'd end up with around $2.5 mil.
Once upon a time, I had all the figures worked out, but now I'm not worried about it.
But, what would I do?

1 Set my two kids up with 500k trust funds. Untouchable until they're 35 years old.

2 Give my sister 500k, just because. She's always been there for me.

3 Buy myself a new car and do a bit of travelling in the US. I'm used to living on the road, and can do it affordably.
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Old 01-14-2012, 04:29 AM   #10
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Quote:
Originally Posted by stoppingpower
Id still come to work and be an ******* to everyone and try and get fired lol
I would come to work and tell every ******* there that THEY'RE fired lol
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