Thread: If you won the lottery...

I am playing $1.00 tonight. I get this feeling of excitement when I wake up to check the winnings in the morning. I would pay $1.00 for that anyway.

Originally Posted by Itzkirb

I would hire people to kill people

I'm trying to figure out what car I would buy to shove up my bosses ass!

Originally Posted by bjackson2718

That's how I was raised, and can be expanded to nearly every form of gambling. The house always wins.

Actually, lottery is like an insurance. Tornadoes hardly ever hit your house and you most likely ever get murdered. The small amounts you pay weekly doesnt affect your household but the amounts you can win are massive.

Oh yeah, and what would I do?
Garage:
Audi A6 2.0 TFSI just so that noone would know I won the lottery.
Jaguar XJ220
Ferrari F430
Lambo Gallardo
Porsche 911 GT just for tracking
+some other cars for interior decorating, Enzo hanging from a ceiling n sh|t...

House:
Something a 2-3mil could buy. Prolly some holiday resort condos also. Nothing too fancy.

Investing:
I'd buy 600 apartments (~300 ft2, 1-2 rooms + kitchen) (60 million euros total) and hire a few guys to rent them for the rest of my life. That would easily bring me 600*450e=270 000 euros per month.

~10 mil I could invest in stock market and ~10mil I would give to charity/my friends & family. Remember that those 600 apartments would give me a nice income of ~45 million in 15 years (-28% taxes). I could do pretty much anything I wanted. Id read some buddhism literature.

= I would do anything and everything

EDIT: I would do the same thing I do right now from day to day. Sit infront of my computer

Already won the lottery
already spent most of the money (and yes I bought alot of cars) .
Still have taxes to pay. I can discuss this one for days.

Originally Posted by IIIMK

Already won the lottery
already spent most of the money (and yes I bought alot of cars) .
Still have taxes to pay. I can discuss this one for days.

Serious?

that's kind of cool, tell me more.

Originally Posted by IIIMK

Already won the lottery
already spent most of the money (and yes I bought alot of cars) .
Still have taxes to pay. I can discuss this one for days.

Hope you had fun and still have some investements. Enjoy in good health.

Canadian lottery is not taxed on winnings. $90M is absolutely bonkers insane. I'd be super happy even with $5 to $10M.

Lets say I win a fat share and my take home is $10,000,000 Canadian.
Immediately hire a lawyer and change phone number. Stuff 7M in a 5 year locked away GIC so I don't blow it all away. Money changes people, and it could probably change the way I see things. Keep my current job for a good 3-4 months - I don't cope with dramatic sudden lifestyle shifts very well.

So I've got 3M to play with...
Give $150,000 to sibling to cover their college/post secondary and get them a very nice boost in life.
Give $1M to family & friends.
Build my dream home - under 3000 square feet surprisingly.
Slowly build up my dream stable of 3 vehicles (4 max) - nothing super extravagant...
Subaru STI 2011, Audi S4, Audi R8 V10.

I don't really care for massive garages. I like quality time spent on each individual car to know their characteristics and develop a secret hand shake, so to speak, over the miles driven.

Most of all I'd probably keep some form of regular employment to maintain my head below the clouds and have a reality check once in a while. I also need a senior accounting managerial position to qualify for the internship requirements for my post secondary studies.

Really though in office pools, I don't really play to win (basically I don't bank on an extremely unlikely windfall to be a wise solid financial stategy, that's just dumb). I play in the pool so I'm not the unlucky SOB that gets shafted out *if* we did win. Sure the lottery is a self imposed tax, but its all in good fun when you have your priorities straight.

Probably wouldn't even spend much of it on "Exotic" or "Super" cars. I'd most likely buy a nice 10 acre lot build a decent sized house, 2000 sq ft or so and a separate 1500 sq ft garage/shop. And convert my Fiesta into a rally spec car and buy a Boss 302R for a daily driver!

And possibly buy previous cars I've owned and miss and have fun modifying.

I was actually thinking about this earlier today. I was thinking of cars I'd buy, then I thought "Nah, that's too much to spend on cars"... THEN I read this thread. Apparently I was being conservative lol.

Murcielago LP640
Gallardo UGR TT
G55
C63 Renntech
Toyota Tacoma

Aside from the cars, I'd spend no more than $3million on a house(s).

I have two friends that I'd probably buy 1 car a piece, as well as give them each a check for $250k. I'd give my father a check for $1million, my mother a check for $1million and my brother a check for $1million as well.

I'd hire my dad as my personal accountant immediately; he would be the first person I'd tell if I were to win. I'd then hire his lawyer and financial planner as well.

As far as day to day activities? I have no clue what I'd do.

Originally Posted by tehfish

And possibly buy previous cars I've owned and miss and have fun modifying.

Ah, just saw this. I sold my first car I had ever owned about 6months ago as I needed the money and it really didn't make sense to keep it. I would buy that back IMMEDIATELY... and then spend way too much money making it insanely fast.