Thursday, August 09, 2007

How To Spend A Million Dollars

I'll be the first to admit that I play the Powerball Lottery twice a week in hopes of winning the millions (this week it's 160+ million). I can't begin to imagine what I would do with the money if I won. Well, the truth is I must have had a million different dreams about what I would do with the money if I won. From investing it to make more (ohhh the greed) to spending it on foolish things like a $800,000 tree house (ohhh the stupidity). One of my friends ask me today how I would spend 1 million dollars if I had it and the question wasn't easy to answer. I thought about helping out my family members who needed some help or buying a nicer home. I also read that 70% of people who win the lottery are broke within a few years from being foolish with spending, not realizing there are high taxes, ect.
"They" say that money doesn't buy you happiness. I say paying my bills makes me happy. Buying nice things makes me happy. I know it can't buy you friends or love. It could turn the nicest person in the world into the most evil. It could make friends turn on friends, loved on on loved ones. There's so much to lose and so much to gain. It could make you so popular and yet make you a target.
What would you do with a million dollars? Would it change you? Would it make you happier? Who would you tell you had the money? Would you quit your job? Ect.
The answers could be so easy and yet so hard. Personally one day I would like to find out!!


NeoAuteur said...

I would build a golden statue of myself. I like that type of thing.

indianpedi said...

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Baba Doodlius said...

I'd probably chew up some of it, but eventually I'd get bored with that and end up using a bunch of it as bird poo targets at the bottom of the cage. Eventually my human would get ahold of it and use it to purchase lots of bird food and bird toys for me. That's what your human would do, isn't it?

Lindsey_Van_Dandy said...

Richard! It is Miss Lindsey from work!

If I were more affluent, or won a lottery, I would probably be reticent to spend it, or atleast all at once.

Naturally, I am a giver. I like to spend my money on charities and other benefits like that. I would rather see other people happy, because I always have time to please myself.

I would keep some for myself though, to buy my parents a house, buy a MOTIF keyboard, a MAC laptop, and a nice suit from Neiman Marcus! booyah!


p.alan said...

Okay, so after taxes, I'd be left with what, $650K???

...not enough to quit my job

...not enough to go on a wild spending rampage

...already out of debt

So, I would put it in investments and continue working. At least for a few years. I'm boring that way, sorry.