$ 1,000,000

Indonesia
February 9, 2007 9:51pm CST
What is the first thing you will buy if you get $1,000,000 lottery, and what are you gonna do with the rest ? I might buy a nice house for me, and the rest will be use for making new business.
1 person likes this
7 responses
• Canada
26 Feb 07
I want to fly back to Phoenix and see my Sweetheart!
• Indonesia
26 Feb 07
Well you don't need a million to do that, pal ! And what would you do with the rest ?
• United States
25 Feb 07
The first thing I would do if I won the lottery is too pay off my mom and dad's house. Then with the rest of the money I would then buy myself a house right next door to their's and then put all my other money in some big company that I know their stocks will rise we they double what I payed for em, I will sell them all and take my mom my dad and my husband on a vacation to the Bahamas.
• Indonesia
26 Feb 07
Wow, one nice plan !
• United States
25 Feb 07
i would buy a new car, then i'd pay off all my bills and help my family with things they need, i would buy a house and get things that i want. then i would start a few businesses.
@BlaKy2 (1475)
• Romania
15 Feb 07
Winning the lottery is not something that a lot of us will be able to do anytime in the neat future, and that's probably a good thing. A decade after the average person win's the lottery, they're bankrupt. People start spending uncontrollably and think they have all the money in the world, when often times the amount of money they won is not much at all. When the average person wins the lottery, they buy a whole bunch of stuff they don't need, fancy cards, nice houses, and the like. If you were suddenly blessed with a million dollars, would you just blow it away like most lottery winners do, or would you be wise with it? Most of us would like to be wise with our money in the event that we were blessed greatly with a large sum of money, but if we were to get a bunch of money, what would you even do with it? Let's pretend that you are blessed with one million dollars, what should you do with it? First and foremost, if you are a Christian, you should give 10 percent of the million to the local church. God commands we Christians to give a tithe to the church, and we should do that. If this is to happen, you should call up the church's business manager and have a meeting with him or her. Be sure to let them know that you want this to be absolutely confidential, because people will treat you different if they know you have that much money. This will probably be a great blessing for a lot of churches as well, but keep it anonymous! Secondly, you'll want to pay off any debts that you have. You might have a home mortgage, a credit card, a car payment, just go ahead and get rid of those as soon as you can. They're not worth your time any more now that you actually have some money! Let's say that all of your debt combined including your house adds up to $200,000, so we've spent $300,000 so far. After you tithe and pay off your debt, let's save some money. If you have children fund their college education, and otherwise save money for retirement. You should probably save at least half of your million for this. If you save $500,000 in good mutual funds for 25 years, you'll have 8.5 million dollars to retire on. That's more than enough! We've got $200,000 left to work with. You can give $100,000 of this away to your favorite charity, because if you are blessed, you should be able to bless others. Be sure to pick out a good charity too, one that has very low overhead. Finally, it's okay to have fun with some of your money, but keep it reasonable. Feel free to spend $100,000 of it on anything you'd like, have fun with it!
• Indonesia
17 Feb 07
Wow, that's one rief explanation. But a good respond too. I'll write it down, just in case sometime I get $1,000,000 lottery.
@edorajh (68)
• Croatia (Hrvatska)
12 Feb 07
I wouldn't buy anything for that million $. I would use that million to invest in different income producing assets and then I would buy things I need from the part of that income.
• Indonesia
13 Feb 07
Yeah.. that's a good answer. I'm gonna give you the best response. That's how real business man thinking. Buy something from the interest, the $1,000,000 still in one piece.
@morph3us (823)
• Italy
13 Feb 07
i've just taken a morgage to buy a house with my girlfriends, so i think the first thing are to pay this, after i will take some day (or month) for a very good holiday :D
@cikedo (3483)
• United States
10 Feb 07
I would buy a house, pay off my bills and put the rest in the bank.