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-- What would you do if you won the lotto ??
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Posted by CAKE on Aug-10-2009 18:28:

Question What would you do if you won the lotto ??

What would you guys do if you won one of the big 649 jackpots like 30-40 million ?? I would pay off all debt for all my fmaily and get a bunch of stuff i wanted and throw a private party for TOTA members with a major headliner


Posted by ChemEnhanced on Aug-10-2009 18:29:

I'd go to Vegas and be dead within a week


Posted by Moral Hazard on Aug-10-2009 18:32:

quote:
Originally posted by ChemEnhanced
I'd go to Vegas and be dead within a week


I'm not sure I would even last that long.


Posted by E2EK1EL on Aug-10-2009 18:41:

1) Buy 3 normal size homes for my family

2) Buy my GF a normal car

3) Restore my current car to show room level and mod it like crazy for preformance

4) Invest in stocks and a personal bussiness of some sort.

(I ain't the type to waste it on blingin' shit. Be humble w/ that cash)


Posted by FunkyCrew on Aug-10-2009 18:50:

1. pay my parents back for the money they spent on my degree (around $60K or so)
2. buy out the most spacious loft/condo for myself
3. take a 4 week vacation and take 2 or 3 close friends on a big trip somewhere warm
4. send my parents on a trip too, and maybe even meet up with them somewhere in the middle for some family time!
5. invest a portion to generate future income


Posted by Abercrombie on Aug-10-2009 18:51:

1. I'd get a better lawyer.
2. Go on a long vacation and hide for a while to avoid the daily visits and calls from charities, coniving acquainances, old friends from out of the blue, and anyone who asks for money.
3. Return several months later when the dust settles, hire a proffessional money manager, and reasonably live off the interest of investments for the rest of my life, paid in installments, and the balance shared amongst my loved ones and charities I already believe in and/or already support myself.


Posted by Jayx1 on Aug-10-2009 18:54:

Id buy Toronto some soul.


Posted by slingshot on Aug-10-2009 18:59:

quote:
Originally posted by ChemEnhanced
I'd go to Vegas and be dead within a week


This first with a large entourage of my close buds.

Than invest the majority of it and let it grow for 10-15 years.

That way 20-30 million can turn into 100-150 million and the possibilities as to what to do with the money grow exponentially.


Posted by ChemEnhanced on Aug-10-2009 18:59:

quote:
Originally posted by Jayx1
Id buy Toronto.


Fixed


Posted by kaniz on Aug-10-2009 18:59:

- Pay off the debts of my true friends, immediate family and myself.
- Make a donation to a charity
- Spend a year traveling
- Invest wisely
- Buy a nice house in a place like Cabbage town - nothing too big or fancy, but with character. I like that neighborhood and some of the homes there are beautiful.

And either do

- Return to work doing something that I love and want to do, even if it pay's nothing
- Return to school for something that interests me - even if it has no applicable use

Or a combination of the above, while also finding time to travel.


Posted by cammaxwell on Aug-10-2009 19:00:

-give a good amount to various charties (maybe 10%-15%)
-give some to my parents/close family and a few close friends
-put a couple mil aside for spending but invest the rest, with half in real estate
-travel the world for a year or so, having my friends come and join if they want for as long as they want


Posted by Intangible on Aug-10-2009 19:02:

- pay off all debt
- buy a loft in the city - a nice one - but something that will only increase in value over years
- buy a modest car so I can finally go on road trips
- buy a cottage up north
- buy my parents their dream property in Dominican Republic
- Splurge a bit - electronics, clothes, furniture....
- Invest - live off investments
- Go on lots of vacations.
- Donate yearly to Sick Kids Hospital

I would still work, but I would have the money to give me time to find a job I am truly passionate about.


Posted by Jayx1 on Aug-10-2009 19:03:

quote:
Originally posted by ChemEnhanced
Fixed


you mean run for mayor? good idea! LOL


Posted by love_child on Aug-10-2009 19:10:

1. shit my pants
2. snort coke off a hookers ass


Posted by Anton on Aug-10-2009 19:27:

I'd probably wait 3-4 weeks before doing anything with lottery winnings, I don't think I would be in the right state of mind to make any kind of financial decisions at first. After that, pretty much the same as everyone else.


Posted by Jayx1 on Aug-10-2009 19:50:

quote:
Originally posted by love_child
1. shit my pants
2. snort coke off a hookers ass


has not winning the lottery ever stopped u from either before? LOL


Posted by cammaxwell on Aug-10-2009 19:57:

quote:
Originally posted by love_child
1. shit my pants
2. snort coke off a hookers ass


Man, I just can't imagine that a hookers ass would be that appealing. What do you think her last 6 clients were doing to her ass?


Posted by ChemEnhanced on Aug-10-2009 20:16:

quote:
Originally posted by cammaxwell
Man, I just can't imagine that a hookers ass would be that appealing. What do you think her last 6 clients were doing to her ass?


Yeah, I'd just buy off some really hot chick and snort coke off her ass.


Posted by CAKE on Aug-10-2009 20:30:

quote:
Originally posted by ChemEnhanced
Yeah, I'd just buy off some really hot chick and snort coke off her ass.


Whats with you guys and ass i rather do it off her chest


Posted by Skipper on Aug-10-2009 20:31:

This question makes my head hurt.

I'd first pay off all my debts and debts of my family/close friends. Debts suck.

Then I'd quit my job, meet with a financial advisor to sock away 75% of the winnings and then instead of immediately buying a house, I'd throw a dart at a map, hope I don't hit Iraq or the Congo and just get on a flight and go wherever the dart landed. with zero plan about coming back. And I'd do that for as long as I wanted because there is zero keeping me in Toronto.

Oh - I'd find someone to look after my cat first, but that wouldn't be hard.


Posted by Spin Laden on Aug-10-2009 20:48:

I know a TA who won $7M two years ago

I would head to Ibiza right away. But realistically, I'd have to win close to $10M to quit my current job.


Posted by CAKE on Aug-10-2009 20:57:

quote:
Originally posted by Skipper
Then I'd quit my job, meet with a financial advisor to sock away 75% of the winnings


Its good to hear that this is the mentality of most people here, a lot of people who the lotto are worse off a year after winning then they were before because they buy all these expensive things and don't think about things in the long term


Posted by FunkyCrew on Aug-10-2009 21:07:

forgot to add - I'd pay off my roomie's debt (she's the only one close to me with a big debt situation), and help her kick start her fashion line!


Posted by Spin Laden on Aug-10-2009 21:22:

Celebs who squandered millions..

http://www.coolcelebs.org/entry/the...ales-of-celebs/


Posted by Jem_hadar on Aug-10-2009 21:25:

First thing?

Buy a Volvo C30!


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