How Much Money Would it Take to Make you Happy?

@dorannmwin (36698)
United States
November 7, 2009 2:04pm CST
Imagine that you've just won the lottery. The amount hasn't been determined. Part of the deal with this hypothetical lottery is that you get to chose the amount that you are paid out. How much would it be to make you happy? For us, I would be perfectly happy with $100,000 dollars. The reason that I chose this amount is that it would be enough to pay off all of our debt and to buy a new car as well. We would be able to start fresh and hopefully never find ourselves in debt again.
2 people like this
26 responses
@merlinsorca (1123)
• United States
7 Nov 09
I think I would need much more than $100,000. Of course, that amount would be enough for me to live a comfortable life without having to worry much about things, but I would also want to use some of the money to fund space exploration . So, I might need several hundreds of billions of dollars. Maybe about $957,000,000,000.12 I get to keep a small fraction of this amount, maybe $200,000 or so. The rest would be used for research on new propulsion systems Seriously, I would do this.
• Philippines
7 Nov 09
haha thats funny! I would love to have $957,000,000,000.12 too! And I need the .12 desperately so they better give it to me! Haha!
• United States
7 Nov 09
Yes, the 12 cents is a very important part of that amount
• Philippines
7 Nov 09
oh yes is indeed...they cannot fool me on that! Haha!
• Boston, Massachusetts
8 Nov 09
Hi Dorann, $100,000 i think is just right to pay for my loan, to save for my two special kids education and therapies, buy a house and lot, a new car and travel with my family to Paris and the Holy Land. You are right we can start fresh and no more loans/debts! We can breathe freely!
@dorannmwin (36698)
• United States
8 Nov 09
I really like that when you came up with your amount you also kept the people that are important to you in the equation. I'm blessed that both of my children don't have any kind of special needs and the moment that we are out of debt, we will start saving to make sure that they can have all of the education that they'd like to have in their lives.
• Boston, Massachusetts
9 Nov 09
Yes... i need to prioritize things for my kids. THey will always be my top priority when it comes to expenses and other needs! I know in time we will be more secured and stable. THanks Dorann!
@Thoroughrob (11756)
• United States
9 Nov 09
That would do it for us. It would pay off all of our bills. It would be so nice. That is, that much after taxes. Although to make me happy $10 would do it. It is more than what I had.
@dorannmwin (36698)
• United States
9 Nov 09
I did assume to think that it would be that much after taxes. And I agree with you that an extra ten dollars would make me happy too. Just knowing that I had more than I started with is enough to make me happy. I guess we are both just easily contented people.
@much2say (38309)
• United States
8 Nov 09
That's a toughy for me, dorannmwin! I can either say a ridiculous amount and sound like a greedy gus . . . or really think of a minimum amount and smack myself later for not taking advantage of asking for more - hee hee. I actually asked your question to my hubby last night . . . he says 20 million would do us good - hee hee. He says we can put it somewhere and live off the interest. I personally would love to live "comfortably" (not necessarily lavishly) and be able to provide for our family. I would also love to have the capital to open my dream business!
@dorannmwin (36698)
• United States
8 Nov 09
For me, I don't think I would ever like to live lavishly. I've been through my life to this point without having a lot of luxuries and that is the reason that I don't think that they are necessary now. I too would love to be able to open my own dream business as well.
@EbonyFire (146)
• Canada
8 Nov 09
Just pay me what they pay Oprah and I will be happy. That would be enough to pay off my mortgage, retire from the workforce, pay off all my other debts, and contribute to several charities so I can make a difference in the world.
@dorannmwin (36698)
• United States
9 Nov 09
It is a great goal to also take contributing to charities into account when asking for your amount of money.
@xialinye (1403)
• China
8 Nov 09
wow,i guess only $100,000 for me that i can travel around the world.
@dorannmwin (36698)
• United States
8 Nov 09
I too would love to have the opportunity to travel around the world.
@SQD444 (679)
• India
8 Nov 09
hi there.. i don think human beings can ever be satisfied any time with any amount of money.. as the more they get they would need more.. but $100000 is a huge amount but i t dont think that is enough for any man to be happy for the rest of the life.. cheers....
@dorannmwin (36698)
• United States
8 Nov 09
I agree, I don't think that amount of money would make a person happy for the rest of their life, but if they were able to take $100,000 and pay off their debt and then maintain just the standard of life that they have at the current time, it would make life a lot easier for the given person.
• Philippines
8 Nov 09
I am definitely happy with a $100,000. Actually that is more than enough already. For me, enough to pay my debts and to pay for the scholarship of my daughter, I would definitely be satisfied with it. I bet there are people who would have a hard time thinking of the amount as they are so greedy that they would just like to have everything.
@dorannmwin (36698)
• United States
8 Nov 09
I have definitely seen that there are some people that would be greedy with the amount. For me, it isn't a very hard thing to do because I'm not a really materialistic person, I just want to be able to be comfortable in the lifestyle that we have right now.
@sweetyethot (1738)
• China
8 Nov 09
For me,10,000RMB is ok,cuz our family is in debt now,and that amount would help a lot to lessen my parents' burden.10,000 dollars would be great,cuz besides paying off all my family debt,I would have enough money to buy a car or plan to buy an apartment for myself by installment.lol Would that be wonderful?Or perhaps I would do some investments and make money grow.
@dorannmwin (36698)
• United States
8 Nov 09
You and I both chose our sum of money because it would help to deal with debt. That is the most important thing for me right now in my life to be able to get out of debt. Thank you for sharing.
@The1one1 (105)
• Croatia (Hrvatska)
8 Nov 09
Well, money wise, i would never be happy, if i had all the money in the world, i would try to earn more and more. But that's just me
@dorannmwin (36698)
• United States
8 Nov 09
Thank you very much for sharing your view on this question.
@cutepenguin (6457)
• Canada
8 Nov 09
Ideally, I think it would be 2 million. Which is a lot, but it's enough to buy a house, pay off our debts, pay off my parents mortgage, and then have a million to put into an account to save for retirement.
@dorannmwin (36698)
• United States
8 Nov 09
I really like the fact that you took your parents into consideration as well as thinking about yourself.
@rg0205 (2638)
• Hong Kong
8 Nov 09
I never really thought about an amount but I would say something that could keep a roof over my head and take care of me and my family. 100,000 would definitely make me more than happy though. Then I would be able to do more and not be held back for financial reasons.
@dorannmwin (36698)
• United States
8 Nov 09
I agree with you, I think this number is a number that would make people comfortable in most situations but it is also an amount of money that is not so huge that it would get people into a lot of trouble.
@lindiebiz (1013)
• Canada
8 Nov 09
I would say $500,000. In addition to paying debts and buying a new car, I would like to further my education.
@dorannmwin (36698)
• United States
8 Nov 09
Investing money in your education would certainly be a good use of money. Thanks for sharing.
@neelimaravi (1794)
• India
8 Nov 09
hi dora, well, what ever money comes to me, i am happy with that. thanksfor your discussion, have a nice day.
@dorannmwin (36698)
• United States
8 Nov 09
You are right here, every little bit of money that we can get that we aren't expecting is truly a blessing.
• Bahamas
8 Nov 09
My husband looked at mega millions one night when it was at 80 million dollars. I told him that I would not want 80 million because I could not spend that much! All I want is be debt free and to be able to afford the things I want without having to think about putting it on a credit card. I live in the Bahamas. I want enough money that if my husbands' favorite football team is in the championship, that I can buy him tickets to the game. I also want enough money to send my parents on trips to places they have never visited (which is everywhere besides South Florida)! My husband says that he was attracted to me because I'm not materialistic. Brand name clothing, bags or jewelry hold no fascination for me. A trip to Paris or Spain, you can count me in!
@dorannmwin (36698)
• United States
8 Nov 09
That would be very neat for you to be able to send your husband on a trip to see his favorite football team play when they were in the championship game. Like you, I'm not a really materialistic person, I just want to be able to be comfortable.
@magrylouyu (1632)
• United States
8 Nov 09
I would have to say I would be happy with $600,000. The reason I chose this amount is because I have a big family. It's myself, my husband and our 4 children. They range from 6 1/2 to 4 months. Right now we're in a tough situation. We got asked to move in with my parents as my mom is getting sick and it's hard for her to do alot of things on her own. She could use the help but having 8 people under one roof I think is going to be a bit crazy. I think that would be enough to get a 3-4 bedroom house for my family living close to my parents (right now we live 4 hours away). Then have college funds set aside for the children, get a new family van, and pay off alot of our debt, lord knows between my husband and myself the amount is probably a number we would not like to know. Over all in reality I would be perfectly happy getting $50,000 and still be comfortable.
@dorannmwin (36698)
• United States
8 Nov 09
Having that many people under one roof would indeed be enough to make almost any person be crazy. We lived with my mother and the rest of the family for the past several years until we were able to move into our own house seven months ago. Just going from a home with ten people in it to going into our house with just the four of us has made me significantly more happy than I was when we were living in my family home.
@bounce58 (17524)
• Canada
8 Nov 09
I would also like to win this kind of lottery. Of course it'll be great if the prize was millions and millions of dollars. But I would also be very happy with $100,000 as this would be more than enough to cover our debts. In fact, $40,000 would be even enough. Debts will be managed and I can even squeeze in quick family vacation to Hawaii with that.
@dorannmwin (36698)
• United States
8 Nov 09
That sounds like a lot of fun. I too would like to be able to have a quick family vacation somewhere. Hawaii would be nice, but I'd also like to be able to take a trip to Europe as well.
@colu41 (273)
• United States
7 Nov 09
I mean if I was offered $100 of course I'd take it....but if I had the choice... I would have to be happy the rest of my life....So I probably, (not to be greed) would be well off with $2mil.... Buy a nice house, a nice car, pay the bills off for the rest of my life, and have the money left over for food, gas, and whatever else. Especially vacations!! =D
@dorannmwin (36698)
• United States
8 Nov 09
Two million dollars is also the amount of money that my husband said it would take for him to be happy as well. The reason that he gave for this is that it would pay off all of the outstanding debt that we have as well as having enough money to be comfortable for the rest of our lives.
@kelly10 (678)
7 Nov 09
I would want enough to pay any outstanding bills/debts that I and or my boyfriend have, visit everywhere we want to go on holiday, put some into a savings account, buy all the DVD's that I want, buy a holiday home somewhere abroad, update mine and my boyfriends wardrobes, treat myself to some gadgets, treat my mum and dad to a holiday and put away enough money for a years travel to work. For this I think I would want around £250,000. This is just a very rough guess so it maybe too much or a lot, lot more. To be honest I would be happy with enough for just a few holidays, some savings and a few pieces to add to mine and my boyfriends wardrobe.
@dorannmwin (36698)
• United States
8 Nov 09
It is so interesting to see the differences between what each person thinks is enough money to make them happy and what they would want to do with the money. Thanks so much for sharing your input.
• United States
7 Nov 09
I would say off the top of my head $100,000,000 would make me happy. I could easily spend it on all my wants and needs. I think money is something you feel you have enough of or never feel you have enough of, no matter how much you have or not. The question is, if you got the amount you thought would make you happy would it actually make you happy or cause unhappiness?
@dorannmwin (36698)
• United States
8 Nov 09
This is a great question that you've posed here and also the next question that I was planning on discussing. It is very interesting to see the variance in the amount of money that people think it would take to make them happy.