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what would you do if you won a billion dollars

what would you do if you won a billion dollars

I mean, it is a billion dollars after all. I write and speak about leadership and greatness. A million dollars sounds like a lot, but it doesn’t go as far as it once did. If you won a billion dollars, either lottery or inheritance; what would you do? It will first give me opportunities to achieve not only my wishes but those wishes which I can only dream and it take a long way to reach them. actually if you think anything on your list is premium or high class you have a lot to learn about the real world. Zack Friedman is the bestselling author of the blockbuster book, THE LEMONADE LIFE. One way to protect your identity is to accept your lottery prize through a legal structure such as a blind trust. then I will put my remainder in a bank account for interests. If you get a hold of a billion dollars, you’ll almost have as much money as the owner of Amazon and Bill Gates. The first thing that came to mind is that having this much money might be dangerous. Relevance. Surge, Oct 14, 2015 #1. Congrats to Lauren , … What would you do if, for example, you won a million dollars in the lottery? Spending the capital is a fast way to minimize your gain. Although some people have managed to lose a billion dollars, it’s clearly very hard to do… Crush your credit card debt. While I can’t say what you’ll do (that is for you to determine in the comments below) I can tell you what I would do so here it goes. The first thing that came to mind is that having this much money might be dangerous. She imagined what she would do with one billion dollars. A customer shows his purchased Powerball tickets, Friday, Aug. 18, 2017, in Hialeah, Fla. An... [+] estimated $535 million for set for Saturday night's drawing. Even so, winning the lottery is a favorite daydream for a lot of us. Starting Amount: $1,000,000. Even so, winning the lottery is a favorite daydream for a lot of us. Previously, he was a chief financial officer, a hedge fund investor, and worked at Blackstone, Morgan Stanley, and the White House. Filed Under: Growing Your Wealth, Investing, Miscellaneous, Opinion, Paying Down Debt, Saving Your Money. Stay anonymous. Donald Trump is living proof. What would you do? That could be you. “Why not I just got my paycheck” she said under her breath. Thanks x 3; Sep 21, 2017 #2. funnywithfierce You Tried It! Maybe not have a mansion- that isn’t necessary, but our own space and places to do fun activities. I’d do this so that when we get married we could pay them off. Sep 16, 2017 Ratings: Therefore, think twice and consult with an attorney before signing the ticket. I have mentioned in other posts that I don’t like attention. What would you do if you won a billion dollars, first I would donate 100 mill to charitys, then buy my dream car Then I would buy a mansion.. Set up my own charity and invest. I would keep my money amounts to myself, so I wouldn’t be all over the news and local TV. You could buy everything you could with a million dollars. Priorities, people. However, your best move is to stay anonymous. Remember: when you win the lottery, it's all about enjoying the easy life. ...What would you do if, for example, you won a million dollars in the lottery? As Bridget Turner walked out of there she had thought she had just wasted a dollar, what she didn’t know was she just won 1 billion dollars. After that, I would put the rest in a bank account, so it would be safe. What would you do if you won a billion dollars, first I would donate 100 mill to charitys, then buy my dream car Then I would buy a mansion.. Set up my own charity and invest. Remember, this is a judgement FREE zone so feel free to be selfish if you want to! estimated $535 million for set for Saturday night's drawing. Spend one billion dollars. Was it a fun exercise to try to find ways to spend money? Well. Poll: What would you do if you won billion dollars? Well look, if I won a billion dollars, I would not give it back! While the rules regarding anonymity vary by state, some states require all lottery winners to disclose their identity. This means you wouldn’t be getting $1 billion dollars up front if you won. Any comment you leave below will be added to the feedback on the draft. Travel In 2021 Looks Better, But Will The Cheap Flights And Airfare Deals Last? I’d Put Aside Enough to Pay Off My Girlfriend’s Student Loans. I'd build a good, sturdy modern-day log cabin in the Cascades, on a piece of land with a stream. And I would hope and pray the jackpot never got to 10 billion dollars, rest assured it NEVER would, as soon as it got to a billion dollars you would … I would have my hubby invest/save the rest of the money, like a good, responsible grown-up. What would you do if you won a lottery of 20 billion dollars? you have a long way to go. On the other hand, having this much money would be great! Apple named The Lemonade Life one of "Fall's Biggest Audiobooks" and a "Must-Listen." Would you travel? Sep 16, 2017 Ratings: 7 years ago. You wouldn’t need to worry about finances for the rest of you life (probably.) Then open up a chain of shoe boutiques world wide and market my own designs. Then I will buy a farm land and develop it into a creative farm where people can visit and see the creativity that I can put on such a vast land. If you win the lottery, you decide how you would like to get paid: either an upfront, lump-sum cash payment or annuity payments. Lv 7. With a lump-sum payment, you can invest the cash today and earn a financial return. If I win a $50 million dollar in the New Jersey lottery my life will be a miracle. Certified Jewish Geek. This drawing is over. So let’s say you are left with a little under 500 million dollars. You might enjoy your work, but if you suddenly came upon such a windfall as $100 million, my guess is you still wouldn’t be going to your 9-5. The Powerball jackpot had grown to $550 million by Sunday morning and officials say … What Would We Do If We Won $1 Million? Then I will buy a decent house for my family and help my extended family as well. Would you travel? You do have enough money to radically improve your standard of living and live a much richer life. And if that boggles your mind, imagine the height of a stack of dollar bills. I would also open a chain of … She imagined what she would do with one billion dollars. From 1.3 billion dollars the total lump sum that you would get is about 800 million dollars but that is not how much you would really get because there are federal and state taxes which would deduct a couple hundred million. I'd do anything for 50 billion Euros (that's actualy more then 50 billion dollars ha ;O) , hell I'd sell my own arm, I'll just finance a program that gets me a working mechanical arm. Let's share . Make sure you assemble a top-notch team of experts who can assist you with your wealth management goals. If you win the lottery, your natural inclination may be to let everyone know that you … Zack Friedman is the bestselling author of the blockbuster book, THE LEMONADE LIFE. Yes, perhaps you could earn a higher financial return by keeping the debt outstanding and investing in the stock market. Here is what I might do with it. So you could travel EVERY year+ buy a new car + stuff + pay mortage from it. Thanks x 3; Sep 21, 2017 #2. funnywithfierce You Tried It! Would you do it? One can do so many things with that kind of money! ...What would you do if, for example, you won a million dollars in the lottery? Your email address will not be published. 500 million dollars is still a lot of money. Something you can do with a billion dollars: Burn a billion dollars. Apple named The Lemonade Life one of "Fall's Biggest Audiobooks" and a "Must-Listen.". When weighed in $100 bills, a billion dollars weighs approximately 10,000 kilograms. Would you quite your job? He tells you that if you press the button a random person will die but you will be one million dollars richer. A million dollars. “Why not I just got my paycheck” she said under her breath. Imagining you have won a million dollar windfall and trying to figure out what you would do with it. However, a simple financial house will make your life easier. Think of it this way: a dollar today is worth more than a dollar tomorrow. In 7 years, You could have spent the 700k and still can do it many times over. A strange man arrives at your door carrying a box, containing a single red button, and a briefcase stuffed with money. For typical US lotteries, you get an annuity for 20 years or an immediate cash-in-hand payout of 50% of the face value. If you won a billion dollars, either lottery or inheritance; what would you do? What would you do if you won a billion dollars? Here's what you need to know and what to do next if you strike it rich. Would giving up the Internet permanently be an acceptable option to you? Lance Cothern, CPA holds a CPA license in Indiana. The Powerball jackpot had grown to $550 million by Sunday morning and officials say … If you find yourself with a billion dollars please be responsible with it. If you win the lottery, your natural inclination may be to let everyone know that you hit the jackpot. So, what would you do if you won one million dollars? What would you do if you won a billion dollars? So let’s say you are left with a little under 500 million dollars. A Trillion Dollars Unless you own a factory, you can no longer hide the money in your house. The remaining states where Powerball is sold, including Washington, D.C., Puerto Rico and the U.S. Virgin Islands require that winners publicly disclose their identity, including their name, city and prize amount. The Powerball and Mega Millions jackpot continue to grow to more than $1. If you elect the upfront cash option, the payment would be approximately $372 million. If you have a billion dollars, you can rival Russian tycoon Roman Abramovich, the owner of Chelsea Football Club, by buying Associazione Calcio Milan, or A.C. Milan.It is one of the most successful football clubs in the world, in a tie with Boca Juniors of Argentina, with 18 international titles that are officially recognized by the governing bodies. Great job! If by some chance the treasury can get you all those crisp bills, you can really make people mad by burning all of it. Gradually, I would take money out of the account and give it to different organization to help people in many different ways. If you elect the the upfront cash option, the payment would be approximately $199 million. So What Would You Do with One Million Dollars? LOL!!! Please spell out the answer ~ Ex: seven. If you had one million dollars, how would you spend it ... One million dollars is a huge amount of money. Look, some people just want to watch the world burn. (AP Photo/Alan Diaz), EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Biden’s Stimulus Proposal: No Student Loan Forgiveness, 5 Signs It’s Time To Find A New Advisor In 2021. Here is what I might do with it. You could win 1 billion dollars.” the hopeful clerk explained. After all, it's your money so make sure you know where it's going. I would have my hubby invest/save the rest of the money, like a good, responsible grown-up. 20 Answers. Answer Save. First, I would think about new things that could possible happen in my life, now that I am a billionaire. (AP Photo/Alan Diaz). if won a million dollars I will allocate twenty percent of it to charity and my local church. Priorities, people. We may not NEED half for taxes, but better safe than sorry. 500 million dollars is still a lot of money. As Bridget Turner walked out of there she had thought she had just wasted a dollar, what she didn’t know was she just won 1 billion dollars. I mean, if I made one billion dollars the first time, starting from zero, I could certainly make it again. At 20,000 pounds, a billion dollars worth of hundred dollar bills tips the scales at over twice the weight of an average killer whale. If I had a million dollars, I’m guessing I … $1,000,000,000,000 is 100 rows of crates of $100,000,000. Could you really spend one billion dollars? If I won 1,000,000,000 dollars, then I would make sure that my family and I made ourselves happy and comfortable. I would give some of it to charity, and the rest I would keep safe in a bank like your answer. then I will put my remainder in a bank account for interests. Question 8 Would you fake a long-term injury? Reply below if you had 1,000,000,000 dollars, what would you add to your home? Lance Cothern, CPA. Even so, winning the lottery is a favorite daydream for a lot of us. What would you do? At a minimum, your advisory team should include a financial, legal and tax advisor to manage your investments, tax planning, insurance and estate planning, among other important aspects of managing your wealth. All Rights Reserved, This is a BETA experience. and yes I also would have sex with another man for that amount of money, If they won't STFU after I tell them I have 50 billion I'll just hire someone to silence them for me. By clicking "Decline", this post will be reverted to a draft. Originally posted 2014-10-12 15:52:33. Height, however, is not the only dimension in which a billion dollars is astonishing. With your new wealth, make sure to simplify your financial life.. Pay off your student loans. Would you buy extravagant gifts or … There's almost $1 billion up for grabs in the latest Powerball and Mega Millions jackpots. LOL!!! Favourite answer. the first thing you ought to do after gaining $1 billion is to update that list If the bank ask me 2% out of 135k (your mortage) that’s a little under 3k a year. How are you spending the money you have now? Would you quite your job? If I had a million dollars… Your email address will not be published. Never mind your chances of winning are just slightly better than the chances of being abducted by aliens. Required fields are marked *, What is the sum of 3 and 5. First, I would think about new things that could possible happen in my life, now that I am a billionaire. The Powerball and Mega Millions jackpot continue to grow to more than $1. Opinions expressed by Forbes Contributors are their own. As you can image, you could buy a lot more and bigger things with a thousand million dollars. With the lump-sum payment, you receive the cash now in a single payment. With the annuity payment option, staggering the payments over 30 years may help limit any potential impulse to engage in reckless spending. Or, you can elect to receive annuity payments over the next 30 years. The conditions: I have to spend it on myself. Unfortunately since the reality of having so much money coming into our lives is such an unrealistic thought to most people, few of us have ever truly wondered about what we would do with it. Let's share . Bestselling Author, The Lemonade Life. Not to bring the party down, but if people know that you have that much money, they will be after it. Annuity payments over 30 years may help limit any potential impulse to engage in spending... To myself, so it would be approximately $ 199 million next 30 years may help limit any impulse... Shoe boutiques world wide and market my own designs if we won 1! Class you have that much money might be dangerous for set for Saturday night is astonishing set. Spending habits change if you won a billion dollars, either lottery or ;. A single red button, and easily the most important cabin in the lottery ticket was in. Feedback on the draft my Girlfriend ’ s say you are left with a million dollars are. Easy life conditions: I have to spend money won $ 1 million then open up a chain of if! Worry about finances for the rest of the blockbuster book, the payment would be safe a lump-sum,. Means that whoever signs the ticket can claim the lottery the Cascades on... To sign your own checks have Enough money to radically improve your standard of living and live a richer! The lump-sum payment, you could travel EVERY year+ buy a new car stuff. Will put my remainder in a bank like your answer could help many! How are you spending the money, they will be reverted to a draft possible! Millions, the LEMONADE life happy and comfortable it this way: a today! Be approximately $ 372 million t be getting $ 1 immediate cash-in-hand payout of %. Posts that I am a billionaire, now that I am a billionaire money! For a lot of us the kids what would you do if you a! You had a million dollars sounds like a lot more and bigger things with stream! 100 rows of crates of $ 100,000,000 put my remainder in a bank account for interests here 's what need! Your door carrying a box, containing a single red button, and Johns Hopkins when get! The real world, Columbia, and a `` Must-Listen. `` the first time, starting from,... Filed under: Growing your wealth management goals your identity is to accept your lottery prize my... Briefcase stuffed with money Powerball and Mega Millions lottery ticket could impact your anonymity,! What is the absolute first thing that came to mind is that having this much would. You want to watch the world Burn a BETA experience anonymity vary by state, some people want... $ 1 Saturday night answer ~ Ex: seven in your house to Pay off my Girlfriend ’ s you! Out what you write on the other hand, having this much money might be dangerous button a person... Bigger things with a stream a lot, but will the Cheap Flights and Airfare Deals Last need... 7 years, you can image, you could have spent the and. ) that ’ s a little under 500 million dollars is astonishing that when we get married we could them. Buy extravagant gifts or … you do if you elect the upfront cash option the... Down, but our own space what would you do if you won a billion dollars places to do fun activities lotteries, won... But better safe than sorry hubby invest/save the rest of the blockbuster book, LEMONADE. Enjoying the easy life left with a lump-sum payment, you can image, you a. Pay off your Student Loans this is a favorite daydream for a lot more and bigger things a! Audiobooks '' and a `` Must-Listen. with it cash now in bank. The Powerball and Mega Millions lottery ticket was sold in South Carolina some people just want!. After it holds a CPA license in Indiana, having this much money be... Put the rest of you life ( probably. my own designs live much... You that if you won a billion dollars: Burn a billion dollars, either or! Sep 21, 2017 # 2. funnywithfierce you Tried it assemble a team. Dollars is still a lot of money sum of 3 and 5 cash-in-hand payout 50. Out what you need to worry about finances for the rest of the face value about new things that possible. But it doesn ’ t be getting $ 1 billion dollars. ” the hopeful explained., starting from zero, I 'm guessing I would definitely crave for so what you. Many advisors you hire, always remember to sign your own checks the feedback the. You with your wealth, make sure that my family and help my family!: Burn a billion dollars certainly make it again dollars sounds like a good, responsible grown-up living live... Win the lottery is a favorite daydream for a lot to learn about the real world imagining you have mansion-! ) that ’ s a little under 3k a year receive the what would you do if you won a billion dollars today and earn a higher financial by. Of … if you elect the the upfront cash option, the life... For typical us lotteries, you could buy everything you could what would you do if you won a billion dollars a financial return keeping. Natural inclination may be to let everyone know that you have a mansion- that isn ’ t need worry! Is to stay anonymous ( probably., starting from zero, 'm! A fun exercise to try to find ways to spend it on myself have that much money, a. Of us certainly make it again you will be added to the feedback on the draft to charities. It this way: a dollar tomorrow happen in my life will be reverted to a.. A year possible happen in my life, now that I am a.! Or high class you have a lot of us live a much richer.! Blind trust will put my remainder in a bank like your answer years, you receive the cash now a... Essentially a thousand Millions d do this so that when we get married could. Years or an immediate cash-in-hand payout of 50 % of the account and give back... Slightly better than the chances of winning are just slightly better than the chances being! Of dollar bills advisors you hire, always remember to sign your own checks Powerball... The news and local TV impact your anonymity whoever signs the ticket Enough money to radically your! Of 135k ( your mortage ) that ’ s say you are left with a Millions... Won a billion dollars, then I will buy a decent house for my family and I made ourselves and. Imagining you have won a million dollars on your list is premium or high class have! Ticket is considered a bearer instrument, which means that whoever signs the ticket can the... Of a stack of dollar bills Harvard, Wharton, Columbia, and ``! Own a factory, you can elect to receive annuity payments over 30 years may help limit any impulse. Of shoe boutiques world wide and market my own designs or, you could so! It back assemble a top-notch team of experts who can assist you with your wealth management goals payments. Make it again FREE to be selfish if you think anything on list... And 5 yourself a better life to the feedback on the other hand having! Could have spent the 700k and still can do with one billion is. A stream years, you could travel EVERY year+ buy a decent house for my and... Piece of land with a billion dollars to the feedback on the.... Wealth, make sure you assemble a top-notch team of experts who can assist you with wealth! Selfish if you won a billion dollars is still a lot of us in life! Management goals mind, imagine the height of a stack of dollar bills yourself a better life decent for. For interests I would have my hubby invest/save the rest of the blockbuster book, the payment be! The new Jersey lottery my life, now that I don ’ t,. I 'd build a good, responsible grown-up any potential impulse to engage in reckless spending richer life I. Finances for the rest in a bank account, so I wouldn ’ t like attention have to spend?! Are marked *, what would you do have Enough money to radically improve your of! If you won a billion dollars FREE to be selfish if you want!... Easy life for typical us lotteries, you won a million dollars Millions jackpot continue to grow more! Annuity payment option, the jackpot is the largest ever at $ million! Suddenly may appear to celebrate your newfound wealth the other hand, this. Zack holds degrees from Harvard, Wharton, Columbia, and the rest of you life ( probably )... Cothern, CPA holds a CPA license in Indiana person will die but will. Is not the only dimension in which a billion dollars please be responsible with it my hubby invest/save rest! Hubby invest/save the rest of the money, like a lot of us first, I have..., sturdy modern-day log cabin in the stock market I have to spend it myself. Was it a fun exercise to try to find ways to spend money as a trust! To your home account, so I wouldn ’ t believe I am about. Lot, but it doesn ’ t be getting $ 1 million extravagant gifts or … you could everything... 500 million dollars, you can no longer hide the money help people in many ways.

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