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Forum: July - August 2010 Playroom

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  #1  
May 3rd, 2011, 09:20 AM
Mega Super Mommy
Join Date: Oct 2007
Location: Northern VA
Posts: 2,727
If you won the lottery (and I'm talking big, like MegaMillions $200million), what would you do with it?
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  #2  
May 3rd, 2011, 11:20 AM
Wren's Avatar Super Mommy
Join Date: Oct 2009
Location: Maine
Posts: 747
1. Give a bunch away to family and friends
2. Start a foundation or endowment for a scholarship
3. Pay off mortgage, save for college and retirement
4. Get a massage every week
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  #3  
May 3rd, 2011, 11:47 AM
CutlassDiva's Avatar Mega Super Mommy
Join Date: Dec 2008
Location: Minnesota
Posts: 1,510
1. Pay all bills off
2. Quit full time work and go part time/volunteer
3. put plenty asside to be set for life
4. put away for college fund
5. Help family
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  #4  
May 3rd, 2011, 12:17 PM
mommytokem's Avatar Mega Super Mommy
Join Date: Oct 2009
Location: Pennsylvania
Posts: 2,360
1. Pay off debt
2. Invest wisely
3. Contribute to favorite charities.
4. Do something nice for our parents.
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  #5  
May 3rd, 2011, 12:48 PM
Hollybear's Avatar Mega Super Mommy
Join Date: Nov 2009
Posts: 3,225
Sooo that would roughly be 1/2 of that after taxes (As if 100 million isn't enough, haha)

I would have my parents retire and move them up here. Same with Sean's dad. That's the only family I would help. I would pay my best friend's mortgage off and buy her and her husband new vehicles. Same with my other best friend, but I would move her up here since she's about to graduate with her Geology degree (She wants to live here so bad) I would help more people but have to figure out a way to do it where I don't get taxed even more! ha

I would invest the majority and live off the interest. We would stay here in Bend and build a house next to Matthew Fox in Broken Top....lol
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  #6  
May 3rd, 2011, 12:52 PM
SarahBethsMommy's Avatar Mega Super Mommy
Join Date: Nov 2007
Posts: 4,846
I'd first tithe 10% and probably give big gifts to my church and my favorite organizations with which I volunteer.

I would pay off and add on to our home. I love where we live, but I'd enjoy a house with a few more rooms... one for each kid and a couple of extras for other things like guest rooms and foster kids' rooms.

I'd pay off my parents' mortgage and help them repair some things on their property that need to be repaired.

I'd buy my brother a house and allow him to pay me back super low payments. He can't afford a full mortgage, but that would let him have a house.

I'd help my husband's family, but we would have to be real careful about that since they are nuts. LOL.

Huge trusts and stuff for each kid, of course.

I'd also love to travel on mission trips and stuff like that.

That's probably it. I think I'd still work, but I'd do it more for fun than having to have a paycheck and that'd be nice.
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  #7  
May 3rd, 2011, 12:53 PM
Jule'sMomInOR's Avatar Mega Super Mommy
Join Date: Jun 2009
Location: Portland, OR
Posts: 4,143
My DH and I have invested in rental property, but we're mostly small time (1-4 units) each property. I'd find a really good deal on a large apartment complex (or 3 or 4).

I wouldn't quit working but I'd probably find something part-time. Probably teaching at the local university or community college.

DH and I love to travel so we'd probably take some time off and do a trip around the world!

I would help my parents and DH's parents retire sooner and probably pay for them to go on a cruise with us.
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  #8  
May 3rd, 2011, 01:31 PM
KaiX2Momma
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Posts: n/a
Pay off the house that we cant sell, and just give it to a young couple just starting out.
Pay off both vehicles, and give to someone in need and purchase newer ones, and not have a payment.
Then buy a much much bigger home with plenty of rooms to have more children.

Pay off the rest of medical bills from Kaileighs birth, and Kaitlyn ear surgery (thats our only bill debt, thank god)

Then bank the rest. DH would still have a job as that is his dream career, and we have actually talked about what we would do. I would make sure th girls have a nice chunk of money for college, and savings to start their adult life.
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