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MFG38

Imagine that you win the lottery.

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So here's a little thought experiment: imagine for a moment, assuming you're not already, that you're a working adult. You have a 9-to-5, you do your job like a responsible adult, you pay your taxes. One day, you decide to play the lottery out of sheer boredom, and as if by a stroke of fate, you end up winning the jackpot. Enough money to comfortably live off of without needing to work for the rest of your life.

 

Would you quit your day job? And if not, what would you do with a few million dollars (or the equivalent amount in whatever the currency in your country is) to spare?

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I really love my job, so I wouldn't quit. I'd buy myself a little house, stow a good chunk away in my savings and then use the rest to help friends and family and also donate to some charities and causes I believe in. Yeah, not all that grand and flashy, but I honestly don't really need or ask for all that much these days.

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I'd invent something to make that job obsolete, and invest in the idea, then use the money from that to have a life about as best as any welfare-level one in the developed world.

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i would not tell no one. and i would become a hermit in some forest. lottery winners get murdered all the time

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I would quit my current job and do the work that I enjoy, plus add in some traveling with my family, and help people in need, especially make better conditions for children orphnas who suffered in a war.

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Build or buy a house out in the boonies and invest the rest in stock and property.

 

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First, invest the money. When the money is invested, get the house (hopefully where a place is stable and quiet enough). When the house is in my power, then I can do the rest.

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Build a house that suits my needs, 3 people in my household so 3 or 4 bedrooms, home cinema, top of the range recording studio, art studio, double garage. Help my family and invest the rest. All depends on how much I won if I got lucky enough.

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Hmmmm.... I'd probably still work as I love my job too. Our mortgage is virtually paid off anyway, so no help there. I likely would not move house either (NEVER again, anyway - it's a fucking nightmare moving house!) as I am happy where we are. Right next to a decent freehold pub that is not a chain brewery house...

 

What to do then? 

 

Probably a bunch of philanthropic stuff for friends and family, and I would probably increase my bike collection. I already have a Hayabusa and a Fazer 1000, so it would probably be classic British bikes of some sort:

 

https://axleaddict.com/motorcycles/Top-10-Coolest-Vintage-British-Motorcycles

 

There's some fuckin' cool ones about.

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Hire an army of lawyers and body guards

 

Pay off all bills

 

Start life of investing and philanthropy

 

 

 

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I would absolutely quit my job. I don't hate my job, it's just not something I really enjoy. I'd much rather be at home helping my wife take care of our newborn. I'd probably finally get around to teaching myself level design and make some doom maps. 

 

I don't really know what I want to do with my life besides raise a family, so being able to have the time to really explore options I didn't explore when I was in college would be ideal. 

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I'd probably help out a few friends and family. Build a new house, pcorf's home cinema sounds good.... also the art studio, sun room, library, huge computer / man cave, dual garage... . Buy a mini cooper. Build a snazzy greenhouse. Invest in teleporter tech. Not sure what else right now. heh.

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I'd invest it all in various cryptocurrencies that have real life usecases and are green tech (not bitcoin) :D then watch both gains and losses happen. With possible gains give the original invested amount to various philantrophies and then invest more gains into other projects that benefit the human race.

Lottery jackpot 100x profits altcoin frenzy!

 

EDIT. Obviously would quit my day job too, actually I'd probably buy a good part of the shares of the company and enjoy some nice dividend (they pay some of the best in Finland).

Edited by Kristian Nebula

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I'd probably help out a few friends and family. Build a new house, pcorf's home cinema sounds good.... also the art studio, sun room, library, huge computer / man cave, dual garage... . Buy a mini cooper. Build a snazzy greenhouse. Invest in teleporter tech.

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Hire an army of lawyers and body guards

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I'd be a sugar daddy.

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I'd invest it all in various cryptocurrencies that have real life usecases and are green tech

I.e. cannabinoids coins. Many startups stick to it in USA now.

 

Doomworld forum in 2021/2022+:

 

 

Making bets time to time in rare conditions. By other hand has some small passive income from few activities / never was "clean" regular employee, i.e. freelancing around for a long time. Has enough list where can spend / invest resources. So for me it's not a question. It's more like an additional option / another technical thing to move things forward faster that I've already stick to more/less before. If one thing not work - time to find another.

 

With enough amount of money no point to stick to "regular" work in case other things is more interesting / might be more useful and not only for me.

Edited by UnknDoomer

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Mom would get to live comfortably for the rest of her days exactly how she'd wanted to.

 

Past that? I'd quit my job, live very frugally, invest most of that money, and live off the interest, while pursuing my passion projects.

 

The hard part is GETTING rich, not STAYING rich, really. If you've got half a brain you can stay rich. It's getting enough to be rich in the first place that's the problem.

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after tax:

2.5% for self.

2.5% for backup cash.

2.5% for expanding backup of essentials (long-term food, equipment, etc).

5% to parents.

12.5% to charity. 

25% for online investments (equities, etc).

25% for offline investments (local businesses, etc).

25% for offline assets (property, jewelry, percious metals, etc).

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Pretty much the only material thing in the world I want is a place of my own away from civilisation even if it's a shed, the rest would be for paying for my parents' retirement, school for my sister and some kind of durable investment fund. Or maybe I'd just spend the whole thing on the world's last available current-gen GPU.

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I'd probably be able to afford buying my childhood home and the surrounding land from my dad. Clean it up, make it nicer, use whatever's left frivolously since I like having stuff. Make sure that I can support myself with whatever job I'd have (maybe a veterinarian? I'm thinking of studying to be a vet. My current education isn't going to get me any job).

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8 hours ago, Yukarin said:

Build or buy a house out in the boonies and invest the rest in stock and property.

 

 

this. and play doom all day in the boonies, never having to waste your lifetime with other people's crap.

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Pay the taxes.

Invest most of it into index funds.

Go seek out some millionaires & billionaires to teach me how to grow into the type of person who can handle & keep many millions of dollars in their net worth.

Go back to work at making a larger positive impact in the world.

Purchase a few fun things alongside my newfound freedom.

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I doubt I would live a rich person's lifestyle. Just give me plenty of spare time, fun games, good food and loyal family / friends and I'm satisfied. Since I already have those, except the money and a slothful level of spare time, I don't really need the money. At most I would buy a really nice house and car for myself.

 

I would consider quitting my job and investing in property as a lazy landlord. I would rather make more money than spend it all, however I do think I'd be happy to give money away to family, friends and the needy as long as I don't feel like I will lose my wealthy life style.

 

My concern is becoming a sloth, as video games offers plenty of entertainment. Then again if I get waaay too much spare time I start becoming creative and build Doom maps etc.

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Most likely take some time off to settle up debts and stuff but I am a Journeyman Scaffolder and I absolutely love what I do.

Probably just work Spring and Fall shutdowns instead of working all year, Will have to be busy in some way or I will drink myself to death, :o)

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On 6/7/2021 at 2:07 PM, PSXDoomer said:

If I won the lottery I would relocate to some quiet and isolated location like the Isle of Man and be at peace.

Yeah and immediately change your phone number just keep your contact list and reach out to the important people  in your life.

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I would:

1) Donate most of the money to charity, obviously. (Since I'm such a generous person.)

2) Spend some of it building an extremely powerful liquid-cooled PC, using only the finest parts. (Here's looking at you, Optimus. Oh shut up EKWB)

3) Pay taxes, once Dad teaches me how it works.

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Boring answer: invest the great majority of it, and spend my life backpacking, exploring, creating, hanging with friends, being comfortable and lazy etc. etc.

 

Better answer: disappear into the jungle and reemerge years later aboard my giant rigid airship of doom and terror as some kind of eccentric supervillain

 

Best answer: invest 100% of my winnings into JuggaloCoin

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