What would you do if you won MILLIONS??

Question

It's very interesting to see what others would do IF they were to become a multi millionaire $35million. Would you share with family? How much? Where would you go? What wouldn't you do?

Answer 1

The first thing that I would do is establish through my accountant an LLC- and run the winnings through the company- This accomplishes 2 things- 1.) Your winnings are not able to be advertised all over the place as your personal name winning nor a company would not be revealed-helps to protect you from harrassment. 2.) Your winnings are better protected overall. *

I would assign myself as the Pres. of the company and be paid handsomely !

* Give aways & donations would proceed through the company which would allow for nice tax write-offs.

One of the things that I would like to do would be to take my family once a week to a restaurant where people with need would be / and buy a family of choice quietly a complete dinner. Probably avoiding having our names revealed as the ones paying. This would help to be a reality check for all of us.

There would be a host of other areas to cover as well- the one thing that I would keep in mind is that it is better to give than receive!

And invest as well.

Answer 2

I would put some in the bank and give some to charities and people who really need it

Answer 3

I would NOT enable those who do not deserve any help.

Oldest Daughter who has borrowed  $1,000 two years ago, and hasn't paid back one single cent.

Yet she has money to travel, to eat out frequently, hair and nails down regularly, frequent movies and bars, etc.

She would get ZERO.

The other daughter who borrowed $500 and is paying it back $100 every 2 weeks would get money.

Maybe enough that she could have a down payment on a reasonably priced home.

Where to go, travel all the western states, Ride the American Orient Express, Explore the Grand Canyon, Yellowstone etc.

I doubt if I'd move, I would do some remodeling though.

I wouldn't quit working, but I'd hire someone to run my shop while I'm away.

I'd still go to work, just not as often.

Answer 4

That would leave me with $32 million to share, I would go around my neighborhood and give the first 5 people I see one million dollars. I would then develope a charity for the area for single young moms who need help. I would also help run it to maintain a regular pay cheque.

I would then open a business for my disabled daughter to run to have her settled for life.

Travel and home and car for me and my family.

I would never own a room of shoes or dolls or any other collectable thing on the planet. There is so much need in the world and I can not understand how rich people can do that.

Answer 5

I wouldn't go and be selfish and having everyone hate me or be behind bars, i will share it with my family