How would you spend one million dollars??

@leyisa (486)
Canada
June 19, 2009 9:50am CST
Ok - so i'm sure we've all had dreams about winning the lottery..I know I have...I always tell my hubby that I don't need a lot of money - just one million..haha...If I win a million, I would (in no particular order): 1) Pay off my dad's mortgage 2) Pay off my mortgage and perhaps buy a slightly bigger house... 3) give my brother large sum of money for Down payment on a house 4) pay off student loans/ credit cards/ etc.. 5) put some away for kids education 6) buy a car 7) go on a trip... I don't think I'd have any money left after that. How about you? If you had one million, what would you do with it?
6 responses
@marty3888 (2355)
• Acme, Michigan
19 Jun 09
I have a 1993 Saturn so of course I would buy a new car, but nothing extravagent, probably a Buick Lucerne. I would probably want to pay off my mortgage, but I would go to a financial advisor to see if that's a wise decision. some people say it's not. Oh yeah, of course I would give half to my girlfriend. I definitly would not buy a new house, but I would make alot of home improvements on my current home. I have a Marantz stereo which is 30 years old and has 25 watts per channel. It works great, but I would probably buy a newer one. I'm unemplyed right now. I wojuld still look for work byut know I don't have to settle for just anything. I might also buy a new laptop. Can't think of anything else. I can tell you this. Most of it would sit in my bank until I absoloutly needed it. I would not let it run out.
@leyisa (486)
• Canada
21 Jun 09
wow - half to your girlfriend? hope she is worth it :) yes, you don't want to be a crazy car b/c you dont' want to attract too much attention to yourself...good for you for not spendign the money on junk and letting it sit in the bank..smart move :)
@julbau18 (273)
• Philippines
25 Jul 09
If I will that I will immediately pay my debt, buy house, saved for my coming baby and invest to some business. I will also give some share to my brothers and sisters and support their studies. As well as to give my grnadmother to support her health. I hope I have that now! When I can have it? A lot things can make by that amount.
@carolbee (16230)
• United States
20 Jun 09
Wouldn't spend it in this order but would go play at the casino, buy another house and give to our oldest daughter, pay off our daughter's mortage and buy our youngest daughter a home also. My car is fine but might also buy an older Corvette, replace some items in our house such as the carpet and that would be about it. Love the location of our house so would stay here. It would be a real fun time.
@CRSunrise (2981)
• United States
24 Jul 09
I would do a few things that you'd want to do. I think I'd also buy a hybrid car or an electric car. Maybe even a gold cart. This way I don't have to haul the kids in the car to go to my parents, I can use the cart. My parents live a half mile away. This would be a big help.
@connierebel (1557)
• United States
19 Jun 09
If I had a million dollars I would buy a new vehicle, pay off my parents' mortgage, but them a new vehicle, donate some to the NRA, DAV, PVA, invest some, set aside some for traveling, and use the rest to buy a home in Virginia. But the likelihood of my ever getting a million dollars is almost nonexistent.
@defcon505 (919)
• United States
24 Jul 09
I'll invest 1/4 in real estate and 1/4 in building a new business. The rest will be used to buy gold, silver and the rest would go to a CD.