If you won five million on the lottery, what is the first thing you would buy?

Question

If you won five million on the lottery, what is the first thing you would buy?

Answer 1

I would buy a house and pay off my whole college education then invest in stock. After I would travel around the world.

Answer 2

Buy myself some time to think about how to invest and spend my money intelligently. Remember, you also have to pay taxes on the 5 million, leaving you with approximately 3.75 million, give or take. Then before anything else, you have to really THINK before just impulsively going out and spending the money. Why do you think so many lottery millionaires are flat broke and destitute?

Answer 3

House and car for our family,  the same for some family members and friends in need, put money away in savings/stocks and CD's for children and grandchildren, for college/life and then save the rest to live off of, and cover medical expenses.  I would also donate to our church and local charities like the food banks, and homeless shelters, and children in need.

Answer 4

I would have all my enemies killed................just kidding..I guess a puppy

Answer 5

My own home.

Answer 6

i would move out of my parents house

Answer 7

A hybrid car like a prius...invest in stocks and bonds...give some to charity... pay off my home and truck...secure a future for our girls and give the rest to family...

Answer 8

A romantic evening with Angelina Jolie.

Answer 9

i wud donate 30% to charity homes all over the world. i would decorate my home's pooja room with many more idols of god and share the rest with friends and family.

Answer 10

I suppose that I would take a trip to Hawaii- after I give some money to my local church, that is. Church is a rather awesome place to be, in my opinion.- Steve

Answer 11

I would Pay Off my Debts and then distribute the rest among my children, Grand Children, Great Grand Children and soon to be Great Great Grand Child.

Answer 12

I would put 30% in stocks and 70% in bonds and live off the income and never work another day in my life.....If you figure the stocks pay a 2% dividend a potential for a 12% growth and  Bonds provide about 5% and no risk of principal, I think that is a good deal.

Most winners of lotteries are broke within 5 years because they "buy things" and blow the money.

Answer 13

I agree with the above. Most winner's buy large expensive items and when they run out of money end up selling everything to pay bills, and have nothing left to show for their win. I would not invest it though, I would open up a small home business, And if everything worked out make a small chain. I wouldn't go for anything real big as the people who jump high fall far. Even if I fail in the business I would still have alot left over to try again.

Answer 14

ANOTHER LOTTERY TICKET

Answer 15

I would buy oil futures.