What will u do if u win 1 crore($2,12,766) in a lottery????

@Prem22 (113)
India
August 31, 2009 12:02pm CST
If i win 1 crore($2,12,766)in a lottery(I can win only in my dream because lottery had been already banned in my state) then i will give some % of amount to orphan age. I will also takeover one child's study charge in an orphan age. I will clear my housing loan. Then as usual i will deposit the remaining amount(pure white money after tax deduction) in bank. What will u do if u win $2,12,766 in a lottery??
5 responses
@vandana7 (98826)
• India
1 Sep 09
Well, I will make my future secure with substantial part of it. Part of it I will donate to old age home and orphanages and hold ur breath, claim tax deductions for them. I guess it is only enough for that. Do u realize that the actual amount in ur hand in ur country would only be around 65,00,000 or so. So what can u really do with that in current times. :-)
@Prem22 (113)
• India
2 Sep 09
There are many ways, u can purchase a complex or some houses and u can let that for rent ,u can double that amount via Nationalised bank's fixed deposit schemes. If u involve in research u will find many genuine ways to invest that. Happy Myloting!!!!
@LouieWpHs04 (4554)
• United States
31 Aug 09
Not much because in USD it doesn't translate to much after you take out the taxes and whatnot. As long as I use it sparingly I would probably never work again in my life and try to keep the money flowing in. Most likely invest in a few projects, and then from there who knows.
@Prem22 (113)
• India
1 Sep 09
Yes every people will quit their job & will start their own business if they get this money. Happy Myloting!!!!
• India
31 Aug 09
Why this amount??? I don't know what will I do?? First I realize how much this amount...
@Prem22 (113)
• India
1 Sep 09
yes even i will also be standstill if i get this money Happy Myloting!!!
• Indonesia
31 Aug 09
wow, if only i could win that much...i don't even know what I'm gonna do. first, i will invest the money for my children. second,i will open a field of endeavor in case to eliminate and decrease unemployment so that more people may support their own life. maybe that are the only things that i think right now if i get that amount of money.
@Prem22 (113)
• India
1 Sep 09
Good to hear about ur social responsility. Keep it up Happy Myloting!!!
@coolpk87 (69)
• India
31 Aug 09
What will I do?? I will go crazy with all that money. I will spend some on myself and invest the rest in business. I have suffered a lot in my life and I don't want others to suffer.This is the reason why i want to start a business, where I can create jobs and opportunities for the people really deserving.
@Prem22 (113)
• India
1 Sep 09
Yes i will also start an industry(might be small scale) if i get that money to threaten unemployment. Happy Myloting!!!