I think about winning the lottery about once a month. My husband I talk about it sometimes. 1st Don't tell anyone! 2nd Get the money 3rd Give our church a butt load of money 4th Put a butt load into our daughter's college fund 5th Buy houses for or pay off our own, our mom's, siblings, grandparents casas 6th Buy a hybrid for us and our mamas 7th Give a little to aunts & uncles Then we will probably be broke
I live in Austin, so getting to the Lottery Commission's not a problem. I certainly would keep the ticket with me at all times until I got to there. And I wouldn't tell anyone right away. It really depends on exactly how much I won, but, the gist of it goes like this: I have a short list of people I would tell/give money to. Within that list, I've also got tiers - some people would get more money than others. I'd also make them sign a confidentiality agreement. Then they couldn't tell others that I won the lottery, if I gave them money, or how much I gave them. I'd build houses for my immediate family members that don't already own a house.For those who already own a house, I'd give them money to make repairs/renovations. I'd buy my immediate family members new cars. What they do with their old car is their business. I'd pay off all my bills, and just start using cash thereafter. I'd set up an automated account so that I couldn't go nutzo with spending. Past that, I'd give money to charity and my alma mater. I'd travel, and I'd go back to school.
That's almost exactly what I woud do. I'd do my best to try to die with enough money left to bury me.
How much we winning here? hire a tax attorney open up a trust quit my job, thank my boss and go flip the bird to the CEO buy parents a house buy myself a house cut a few to my close friends I promised I would pay if I did win take 65% of my earnings and have a solid, diversified portfolio buy my way into a law school. study as much as i can, and live off interest/my new job yeah, i'd actually want to work if i win the lotto. if i had all that damn free time and money, i'd blow it all in probably a year.
oh yeah, and become a season ticket holder. or maybe if i had another 2MM to spare, (doubt it by now), I'd be a very small minority owner of the rockets.
I'm with the OP. I wouldn't tell a soul before I cashed in. Then I would (assuming this is a big nine-digit win): -Quit my job. -Invest a good chunk in low risk, guaranteed investments. -Take a long vacation. -Buy out some billboard time on the busiest freeways in Houston and have a message along the lines of "Spurs Suck Mavs Suck" with my face huge in the background. -I would take care of my immediate family. In some cases, I would bribe my relatives to get out of bad relationships. -I'm a homebody, so I would build a new house somewhere on some coast (I love the water). My house would have: 1. A huge aquarium room that was all aquarium on all sides and the ceiling. 2. A huge Lego room. 3. A huge arcade room. 4. A home theater. 5. It would be 100% energy efficient. 6. It would have it's own water source. 7. It would be secure enough to withstand the impending zombie apocalypse.
cool, would you pay for my bf too? Geez, I would tell my immediate family and my bf and make them promise to not say anything to people that don't really care about me. After that, I guess I take the ticket and get my money. I have no idea what will happen afterwards.
What if you tell the lottery officials you are in the witness protection program, and can't have your name or picture released to the public?
I think part of the deal is that the lotto company gets to publish your name and picture. So those of you hiring lawyers to hide your identity may just end up with a legal bill, and a lotto DQ. Bummer. Me....I'd be happy to have my mug out there for all to see in exchange for a few mill. Especially the people I don't like! In fact...they're the ones I'll be thinking of as I smile widely for the camera!
