If you won the lottery..............

[Qship]

Our Canadian Lotto Max lottery just hit $70 million and this prompted me to think "What if I won that kind of money, what would I do with or spend that kind of money on?"

Well......... I would disappear for a while at first as every person you know and don't know would be looking for a handout. Would make sure my immediate family was well taken care of and possibly go on a round the world cruise to see where I'd like to travel more to or possibly live(definitely a warmer place than where I live now), and could ride all year around. Have a big garage with all the toys would be nice as well, but not necessarily going to happen 'cause I may be too busy with other adventures to enjoy them. Probably buy a big toy hauler so I could tour this great continent of North America we live in and be able to stop and enjoy the areas that intrigue me and my wife.
Something I heard on the radio prompted me to ponder this. One woman's response that I heard was to keep $10M and make 60 other people millionaires. Thought that was interesting.
How would you spend your winnings, If you hit the jackpot...............................................................?

 

[DaveM]

Our last one was R149 Million and at the time I was hard pressed to think what I would do with that type of cash.

My brother would get a nice deposit in his bank account for sure. I would invest some for my wife and then the rest in my name so I know for the rest of my life I was all setup. Then I suppose I would look at purchasing a new lifestyle in a new city as you would find those long lost relations knocking on your door every other day.

Some would go towards charities that I would select, possibly a large portion being for animals.

 

[Rocky]

I never play the lotto, but once in a while when I heard of those huge pots up for grabs, I too will think of what I would do with that kind of cash.
I would follow the pattern set by Qship almost to the letter.
I would build or buy a property for the bike club I belong to so that we could have a place to work on bikes, store them if necessary, and have socials and our business meetings.
I would also contribute to certain charities, food banks, etc.

All that said, I have always said that dumping such huge amounts of money on one person is too much. Huge pots should be split up so there are several winners.

 

[Qship]

Apparently the $$$ is going to be bigger next time. It didn't go.

 

[RockyDS]

Our Canadian Lotto Max lottery just hit $70 million and this prompted me to think "What if I won that kind of money, what would I do with or spend that kind of money on?"

Well......... I would disappear for a while at first as every person you know and don't know would be looking for a handout. Would make sure my immediate family was well taken care of and possibly go on a round the world cruise to see where I'd like to travel more to or possibly live(definitely a warmer place than where I live now), and could ride all year around. Have a big garage with all the toys would be nice as well, but not necessarily going to happen 'cause I may be too busy with other adventures to enjoy them. Probably buy a big toy hauler so I could tour this great continent of North America we live in and be able to stop and enjoy the areas that intrigue me and my wife.
Something I heard on the radio prompted me to ponder this. One woman's response that I heard was to keep $10M and make 60 other people millionaires. Thought that was interesting.
How would you spend your winnings, If you hit the jackpot...............................................................?

I should buy a ticket or two.

My immediate family would all become millionaires to start, then I'd pretty much follow your plan. The one thing I'd also try to do is establish a revenue stream for my kids, grand kids and descendants. I'd have to spend time figuring out the best way to do that - investments? a business? It needs research. Anyway a method of continuing the wealth rather than blow it after a generation or three.

 

[CarlS]

As Q and others have said, I would definitely travel. I would finish renovating my house, take care of my family, and possibly relocate to a waterfront property. There are some charities that I would endow.

 

[RockyDS]

I bought tickets! Hopefully I bought a winning ticket. It many years since I've bought a lottery ticket, so keep your fingers crossed for me.

The reality is this thread likely just cost me $20.

 

[Qship]

Some lucky person(or group) in Ontario won it. One winning ticket. Hope it was a group that was in on that and there's multiple rich peeps.

 

[brooke]

If I win that much I will buy the Kawasaki 800 twin .