Tom Setzer Posted November 26, 2012 Share Posted November 26, 2012 First I would take a lumpsome,and pay all tax's on it! I would then give money to Camp Boggie Creek to help Children with severe Illness's, and to the children's Hospitals. The I would setup Trust funds for my Children, and Grandson, where no one could ever spend the principle. Then I would build a new home, with plenty of room, and a large Hobby area including a dedicated Painting room, and a large garage of around 30k sq. feet, for my cars(I would make Jim a deal he can't refuse for my Sport Fury back). After that I would just enjoy my retirement collecting Hot Rods, Street Rods, and Mopar Muscle Cars, and building models of them! Quote Link to comment Share on other sites More sharing options...
Paul Bunyan Posted November 26, 2012 Share Posted November 26, 2012 i would be worried about who is stealing it.. Quote Link to comment Share on other sites More sharing options...
blunc Posted November 26, 2012 Share Posted November 26, 2012 I would probly leave the USA, it's not gonna be a safe place in the near future. A well stocked, self sufficient place in the Irish countryside might work for me, I would have to get a copter... Quote Link to comment Share on other sites More sharing options...
2000-cvpi Posted November 26, 2012 Share Posted November 26, 2012 I would probly leave the USA, it's not gonna be a safe place in the near future. A well stocked, self sufficient place in the Irish countryside might work for me, I would have to get a copter... Why would the US not be safe? People wanting your money or something else? Quote Link to comment Share on other sites More sharing options...
blunc Posted November 26, 2012 Share Posted November 26, 2012 Now if I told that, everyone would follow me to the Irish countryside...that just won't work for me. Quote Link to comment Share on other sites More sharing options...
chev12olet Posted November 26, 2012 Share Posted November 26, 2012 (edited) I would buy 77,630 acres in Wyoming($20million),arm myself to the tee and be ready for whatever is going to happen here in the USA over then next several years oh and sit in my new hobby room building models Edited November 26, 2012 by chev12olet Quote Link to comment Share on other sites More sharing options...
bandit1 Posted November 26, 2012 Share Posted November 26, 2012 follow me to the Irish countryside... I would go anyways!...Just google my last name to find out why! Quote Link to comment Share on other sites More sharing options...
Greg Wann Posted November 26, 2012 Share Posted November 26, 2012 Give my kids a million each. No more... don't want to spoil them! Invest most of the rest in real estate, buy as many income producing properties as I can. Put a part of it in the bank so I could live off the interest alone. And invest the rest in guaranteed return financial products. (small return but guaranteed, vs. stocks, potentially larger return but no guarantees, plus possible loss of principal). My plan would be to leverage the winnings into income-producing properties that could be handed down to my kids and become their "career" if they wanted it. Or they can sell off the properties and do whatever they want with the money. Hey Harry, This sounds like the Dave Ramsey Plan. http://www.daveramsey.com/home/ This is a good place to start a financial plan. I'm trying to get on board. Quote Link to comment Share on other sites More sharing options...
von Zipper Posted November 26, 2012 Share Posted November 26, 2012 Quote Link to comment Share on other sites More sharing options...
Harry P. Posted November 26, 2012 Share Posted November 26, 2012 Hey Harry, This sounds like the Dave Ramsey Plan. http://www.daveramsey.com/home/ This is a good place to start a financial plan. I'm trying to get on board. Never heard of him, but if his plan is the same as mine, he must be a pretty smart guy! Quote Link to comment Share on other sites More sharing options...
A.R.C. Posted November 26, 2012 Share Posted November 26, 2012 I`d paint my truck. Quote Link to comment Share on other sites More sharing options...
Greg Wann Posted November 26, 2012 Share Posted November 26, 2012 (edited) He is a smart guy and by golly you are too, Harry. He hosts a radio show and does something called Financial Peace University. Millions of people have gone through it. Classes are usually done through a church but some major corporations have sent employees through it. He offers good stuff about money for kids too. CASH IS KING! Paper currency still has a note that reads "For All Debts Public And Private" If you are tired of being broke and stuck in a credit card rat race, he is a good starting point. Darn shame the government won't follow this plan. Edited November 26, 2012 by Greg Wann Quote Link to comment Share on other sites More sharing options...
Nick Notarangelo Posted November 26, 2012 Share Posted November 26, 2012 buy a tank of gas Quote Link to comment Share on other sites More sharing options...
sjordan2 Posted November 26, 2012 Share Posted November 26, 2012 It would be a start toward running for President. Quote Link to comment Share on other sites More sharing options...
Chuck Most Posted November 26, 2012 Share Posted November 26, 2012 I would go anyways!...Just google my last name to find out why! Sick of all those step-siblings? Quote Link to comment Share on other sites More sharing options...
Casey Posted November 26, 2012 Share Posted November 26, 2012 After retaining a lawyer to act as my representative and protect my privacy, I think this is the most important thing any lottery winner can do, but very, very few do it. Humility and winning the lottery don't usually make good bedfellows. 10. Enjoy life a little. That's always free. Here are some interesting stats based on 43 previous national lottery winners: http://www.statistic...ner-statistics/ Effects on Lifestyles Percent of lottery winners who had spent their entire winnings within 5 years 44 % Quote Link to comment Share on other sites More sharing options...
High octane Posted November 26, 2012 Share Posted November 26, 2012 I'd hire a bunch of people and pay them good money with benefits to just sit all day calling up and harassing the bill collectors that have been doing that to me! Might as well instead of just paying off your bills as that would be too easy. Quote Link to comment Share on other sites More sharing options...
johnbuzzed Posted November 26, 2012 Share Posted November 26, 2012 Too much but not enough. Pay the bills/debts off, "help" our kids and grandchildren, get new car or two or three, travel, "collect" a few classic cars, invest in an SBD-3 and a P-38L, build an 8 car garage with a detached 4 bedroom/5 bathroom house, travel some more, build a second home near some salt water, travel some more across the US by railroad, donate to some worthy charities... Quote Link to comment Share on other sites More sharing options...
ZTony8 Posted November 26, 2012 Share Posted November 26, 2012 Since I'm 58 and most likely wouldn't live to see all the money if I took it on the 30 year annuity I'd be forced to take the lump sum(which is a bit over $196 million dollars after taxes here in Michigan),darn it.Going on that premise I would: 1)Park most of the money (about $150 million or so of the winnings)in interest bearing accounts that would yield at least 3 to 4% per year.After a year or two I'd then live off the interest. 2) Take the rest and pay off bills for myself,my daughter and some friends and family.I'd fix up my house to sell,buy another place to live and then I'd begin to enjoy life by: 3) Building a first class slot car center on the east side of Metro Detroit.There are 3 on the west side but there are plenty of guys who don't want to travel that far to race.Think along the lines of the old American Raceways places of the 60s and add a drag strip to it. 4) Buying a big plot of land and pave it so the local autocrossers can have a permanently available place to run each Sunday.Erect a top quality facility there with plumbing and lavatory facilities and lighting to be able to run at night if necessary.Add a grandstand so spectators don't have to stand to watch the action.We'll call the place Pylon Park. 5)Buy all the old cars I've wanted and an old warehouse or factory in which to store them.If you local Detroit guys ever saw Dick Kughn's old Carail place you know what I'm talking about but it would be about 10 times the size of Carail.maybe even Jay Leno facilities sized. 6)I'd dabble in some investment grade styrene : ) and find my grail kits. 7)Donate to select charities,probably anonymously. Quote Link to comment Share on other sites More sharing options...
mr moto Posted November 26, 2012 Share Posted November 26, 2012 See how much of Jo-Han I could put back together? That sounds like a great way to end up with nothing left! Quote Link to comment Share on other sites More sharing options...
Guest G Holding Posted November 26, 2012 Share Posted November 26, 2012 Publish a monthly Model Car Magazine and put the others to shame...by being TIMELY..... Quote Link to comment Share on other sites More sharing options...
bandit1 Posted November 26, 2012 Share Posted November 26, 2012 Sick of all those step-siblings? You probably didnt google enough! my name is an "Americanized" version of the name ..."O'MacBradaigh" which is irish!....Not really tired of all the siblings being one is a guard of some sort to the royal thrown , one was / is the King of Scotland....another is a former Army capt/col. that made history back during the indian days!...out in around toledo ohio there is a gorge out there that he leaped off of to escape the persuing indians from killing him and lived to tell about it!...AKA..."Brady's Leap"...google it! Quote Link to comment Share on other sites More sharing options...
bandit1 Posted November 26, 2012 Share Posted November 26, 2012 I just want to go...so i can get the rest of my family history! Quote Link to comment Share on other sites More sharing options...
Skydime Posted November 27, 2012 Share Posted November 27, 2012 (edited) I'd pay all my family's debts and move to Hawaii. Id get the following vehicles: 70 Chevelle 396 SS red w black stripes and interior pro touring 66 Nova black w/red pearl and 87 Grand National drivetrain protouring 72 C10 Body Dropped, bagged, and shaved 2013 Terrain (Wife) 2 Oval Window Beetles (My daughter and I) Oh yeah, and I'd hire a good (ie quality, value, honesty) contractor to "flip" houses for me so I could be sure the money wouldn't run out as I spend it. Edited November 27, 2012 by Skydime Quote Link to comment Share on other sites More sharing options...
Kris Morgan Posted November 27, 2012 Share Posted November 27, 2012 I would also buy up, fix up and, flip a bunch of the foreclosed homes in my area. My plan would be to sell them on landcontract at a low interest rate to families that have lost a home through no fault of their own. Quote Link to comment Share on other sites More sharing options...
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