What in tarnation would you do with $500,000,000?
I’m thinking that’s a tad excessive. Probably end up ruining me and my family if I won.
Now if I won $1,000,000 or $2 million. I could make real decisions. Probably wouldn’t change my lifestyle much, instead, I’d likely be more relaxed. Yes, and my wife would get the patio extended in the backyard as well as rip up the carpet in the basement and replace with hardwoods. We’d do some foreign travel. We’d improve our charitable giving too. To me the little prizes are more fun.
But if one wins $100,000,000 or more. There would be some serious, societal burdens. For instance, what 3rd world disease will you singlehandedly cure? If you can’t do something and leave a mark with that kind of windfall, what good is it.
Or let’s say, if you don’t do something dramatically good for society, what are you going to do with that money? How many boats, cars, mega McMansions does one truly need?
And then there’s taxes. You’ve probably read how most lottery winners end up bankrupt. How??? They don’t account for taxes. Plus, they fall prey to every investment scheme known to man. Think about the old adage: You can lose your money a whole lot easier than you make it.
What would you do if you won?
a) $2.5 million?
b) $200 million?
Either way, I suggest you meet with a trusted attorney and CPA and start figuring out how to handle the situation before you rush out and claim your prize. If possible, don’t be that person holding the large check. Every no-good, semi-family, old acquaintance will be ready to lighten your wallet as soon as they get wind of your new found wealth.
Sign up for my posts on Facebook on either: