ncorrenti 0 Posted February 17, 2006 Share Posted February 17, 2006 Today I bought my first lottery ticket ever. The prize is $19 million. If you won the money how would you spend it? Link to post Share on other sites
SKI 15 Posted February 17, 2006 Share Posted February 17, 2006 First up, I'd buy my parents a new house. Get myself some property. Buy myself a few things that I wanted. Invest/save the vast majority of it. Link to post Share on other sites
woywoy 0 Posted February 17, 2006 Share Posted February 17, 2006 Blow it all on a night on the town! Link to post Share on other sites
ncorrenti 0 Posted February 17, 2006 Author Share Posted February 17, 2006 Wow, that would have to be a pretty night on the town NPM! Link to post Share on other sites
Thunderpants 0 Posted February 17, 2006 Share Posted February 17, 2006 i would keep my job and stay in our apartment, maybe buy a new bicycle. NOT Link to post Share on other sites
ncorrenti 0 Posted February 17, 2006 Author Share Posted February 17, 2006 I would buy a kickass house for me and my boyfriend to live in and maybe an investment property to rent. I would give $1 million to my parents and $1 million to his parents, and $50,000 to each of our siblings. Then I'd give $20,000 to our best friends as a wedding present. Frivolities: I'd buy a puppy, some nice clothes for me and the bf, as well as a new car. Then I'd buy us a two-week ski trip to Japan, including new skiis for us both. I'd also donate a heap of money to charity - probably towards cancer research and the relief efforts in Sudan. I wouldn't quit my job but eventually I'd use some of the money to start my own business. I really hope I win the $19 million - just thinking about this has gotten my hopes up! Link to post Share on other sites
Ocean11 0 Posted February 18, 2006 Share Posted February 18, 2006 I would put out contracts on Mssrs Blair and Bush. Link to post Share on other sites
indosnm 0 Posted February 18, 2006 Share Posted February 18, 2006 Quote: Originally posted by NPM: Blow it all on a night on the town! BLOW it all? I'd invest most and live off the interest. Splitting my time surfing & boarding. There'd be a few fast cars too. Link to post Share on other sites
NutteyCubey 0 Posted February 18, 2006 Share Posted February 18, 2006 You'd have to be mad to blow it all. Even if you kept a couple of mill to have fun with, it still leaves you with a ton to live off and get interest for the rest of your life. Tell us if you win nicole. Link to post Share on other sites
indosnm 0 Posted February 18, 2006 Share Posted February 18, 2006 Quote: Originally posted by nicole: and maybe an investment property to rent. The Financial Planner in me would have to tell you that with, $19m you could probably buy a massive portfolio of residential & commercial properties and just live off the rental income. (if you do win, I'll be more than happy to be your adviser! ) I don't buy lottery tix but the stats are really amazing how many & how quickly winners become broke again. Link to post Share on other sites
TJ OZ 0 Posted February 18, 2006 Share Posted February 18, 2006 Sorry Nicole but your not going to win, because I am. But I will buy you a present. Link to post Share on other sites
ncorrenti 0 Posted February 18, 2006 Author Share Posted February 18, 2006 Indonsm, that's so true. It's so easy to be pragmatic about these things now, but if I were to win that sort of money, I can just see that all of a sudden, a $600,000 house wouldn't be enough. The more money you have, the more you spend. TJ OZ - you're right. I know I won't win, I never bloody win anything!!! Link to post Share on other sites
nzlegend 1 Posted February 19, 2006 Share Posted February 19, 2006 Quote: Originally posted by nicole: I would give $1 million to my parents and $1 million to his parents, and $50,000 to each of our siblings. is that how you value your parents? my parents are worth more than that. Guess you dont like your brother/sister huh? I think he will want to you to 'share the wealth' a little more. Link to post Share on other sites
indosnm 0 Posted February 19, 2006 Share Posted February 19, 2006 he he, Nicole, I'd be peed if I was your brother! Giving the not yet "out laws" a million and the brothers and sisters a pissy 50K... Have you spent along time in the US by any chance? Link to post Share on other sites
ncorrenti 0 Posted February 19, 2006 Author Share Posted February 19, 2006 Snowglider, Indo... Is how much money you give people really dependent on how much you think they're worth? If that were the case, I couldn't afford it. The amount of money I 'designated' for them is based on several factors: For our parents - they don't need the money. They own their homes and have all the things they want and need. I just thought that $1 million would allow them to go crazy and treat themselves to whatever they wanted. My mother would probably buy shoes and my father would probably take it to the casino and blow it in one go. For my siblings - well, they don't really need the money either. My brothers would have a very difficult time accepting money from me (it's an Italian thing). My sister also doesn't need the money and would probably put it away to pay for my nieces' education. As for my boyfriend's half-sisters - they're 16 years old - to them, getting $50,000 is like getting a million dollars. Link to post Share on other sites
TJ OZ 0 Posted February 19, 2006 Share Posted February 19, 2006 Guess what. I didn't win. Nobody gets anything. Back to work. Link to post Share on other sites
ncorrenti 0 Posted February 19, 2006 Author Share Posted February 19, 2006 Me neither. Oh well. Link to post Share on other sites
big-will 7 Posted February 20, 2006 Share Posted February 20, 2006 How do you value your parents in terms of cash, thats what I want to know! Link to post Share on other sites
damian 0 Posted February 21, 2006 Share Posted February 21, 2006 Ahhh, the pulse of the common man (lady) remains ever strong. Buying lottery tickets is to determination as Valentines Day is to love. Link to post Share on other sites
js 0 Posted February 21, 2006 Share Posted February 21, 2006 Quote: Originally posted by nicole: If you won the money how would you spend it? Other than sending the parents on a REAL good holiday, paying off siblings mortgages, and purchasing a decent bit of farm land, isn't it obvious? I'd purchase a small local ski slope in either J-Land, Canada or the US and invite friends and selected people from this website for a weeks free riding - O11 would be specifically invited (contracted?) to provide critique on where I went wrong ... Link to post Share on other sites
big-will 7 Posted February 22, 2006 Share Posted February 22, 2006 Sounds good. Perhaps something a little bigger than a local ski slope, I'm sure they would be available. Link to post Share on other sites
big-will 7 Posted February 22, 2006 Share Posted February 22, 2006 Quote: The more money you have, the more you spend. That does seem to be true. Funny that though, I know someone who is the opposite. Him and his wife, both now in their 70's, are loaded and have been for a long time. Well, loaded in an 'average person' kind of meaning (probably worth in the region of 5 million UK). And they are tight. Both it seems to themselves and others. He's glued to the markets every day to see how much he is worth, and he hardly ever spends it. He has this 8 year old computer and he's worried about buying a new one to replace it - whether he can justify the cost or not!! It's actually quite annoying to listen to him sometimes, knowing how well off they are. Link to post Share on other sites
rach 1 Posted February 28, 2006 Share Posted February 28, 2006 I know a few of them myself as well big-will. Well maybe not of the millionnaire variety but well off people being real stingy. Perhaps thats one of the reasons they got well off in the first place. Link to post Share on other sites
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