What would you do if you won the lottery?

happy - congratulations
Philippines
April 11, 2010 6:50am CST
I was just watching a show called "Pepito Manaloto"- a show about a really poor and good guy hitting the jackpot in the lottery. The show is about how he decides to spend it [on his family and others] and the people who want to help him or take advantage of him- because he's a bit naive..If i were to win the lottery, I would spend my winnings on my 2 daughters' education, i would also start a business so we won't have to worry about money anymore..
4 people like this
43 responses
@goldeneagle (6745)
• United States
13 Apr 10
I would pay off all my debt, then I would start pursuing the types of work I really want to do in life...
• United States
14 Dec 10
I could pay off EVERYTHING I owe right now, including my house, and have money left for $102,000. So, I guess I am not doing too bad at all. Winning enough money in the lottery to pay off my debts would certainly enable me to do some things in life that I have never been able to do. I have a feeling that I could really make some good money working on my own, but until I pay my house off, I can't afford to take the risk of quitting my job and not being able to make my mortgage payments.
• Philippines
20 Jan 11
Winning in a game of chance like the lottery is really something, imagine if you picked the right numbers that wins with a chance that is very minimal then you can consider yourself very lucky.As you have said if you are that guy, you will pay all your debts and the excess you will use it on things that you have never done before in which you have been longing to do.Thanks again
• Philippines
14 Dec 10
yes paying all your debts not to many I guess.So the remainder you will use to pursue all the work you have been longing for to do in dreams and now it will be a reality///thanks
• United States
11 Apr 10
pay for my son to go to rehab. I don't really have any other want other than for him to be better. If I had anything left I'd probably buy a house and a vehicle since I don't have either one!
• United States
27 Nov 10
Thanks for your concern, he is progressing each and every day. But it is very slow!
• Philippines
27 Nov 10
All parents love their children, they would sacrifice everything for their sake.Sorry to hear about your son situation macdingolinger, I hope he recover and get better soon.There is nothing that you would not do for them...good luck,
1 person likes this
@markleob (1902)
• Philippines
11 Apr 10
wow, nice. every parent is after the good future of their child but i do not know why these children dont see it and give their parents a lot of problems... i believe they could see what they have done to their parents when they become parents themselves too...
@andy77e (5156)
• United States
12 Apr 10
Hmm... Well the problem is, sudden money changes the people around you. You get hassled day and night by people wanting your money. People you never knew, will call you up and claim they are part of the family. Even family members will turn on you, and expect you to pay them for every little thing. I've read stories where mothers sued their sons and daughter, best friends sued each other, co-workers jointly sued a former co-worker that won. Imagine every friend, family member, and co-worker, seeing you as nothing more than a giant walking talking bag of money. So in all honesty, I would never play the lottery. It ruins people. Like the show you watched, the number of people who hit the lottery and end up bankrupt in under 3 years, is shocking. The only way I'd accept lottery winnings, is if I can collect the money in a clandestine fashion, so no one knew. Otherwise, I'd send the winning ticket to a charity. IF I could get the money without it being known, I would first pay off the house. Then set aside a large portion for retirement. Then I would maybe split college 50/50 with my kids. I don't believe in free rides. Kids that pay nothing for education, take it for granted.
• Philippines
13 Dec 10
yes, your both right.money mostly changes peoples lives especially the one you never expected.Lets hope its for the best but many has been documented that instant millionaires sometimes goes broke in a span of 3 years maybe less. Many things will change as andy77e said family members and other relatives will approach you to spare some of your fortune to them, many will befriend you maybe even your enemies before.So money really changes everything we can not say all but mstly I guess.thanks andy77e and trruk1
@setsuna26 (2751)
• Philippines
11 Apr 10
If i won the lottery the very first people who will be happy for me are my relatives, first they will be given a fair amount of my winning i will be reconstructing most of their homes, most of my relatives are not well off thats why helping them is a must for me. Then i will think about pampering my mom too, and maybe take her to places that she really wants to visit. And lastly i will be thinking of a good business to start with, so that the money will be invested in good stuff and not wasted at all.
• India
12 Apr 10
Right thinking.United we win. You will prove that. Keep it up. My thinking goes to First of all accommodating near and dear ones and extending it to other relatives and then to neighbors and friends. Happy myLotting.
• Philippines
27 Nov 10
yes winning in a lottery makes you instant millionaire and thats easy money.So if you will not be cautious in spending it will be gone without you knowing it.So your plans are to help your family, relatives and treat them to a vacation or tour that's fine.Putting up a business is good and think of other ways so that your money earns., thanks...
@jrrob26 (28)
• Philippines
11 Apr 10
if i won a lottey may be i'll tour around the world. lol. nope.. i will help my kababayan's i will prioritize poor and some who need a medical assistance.
@drkraven (521)
• Romania
11 Apr 10
mmmm. what lots of people would do: get a nice car, a nice house, invest the rest wisely so it lasts long, and ofcourse pay a real hitman to kill the president of my country :)
@markleob (1902)
• Philippines
11 Apr 10
whewwww... i love PGMA..... ...
• Philippines
16 Nov 10
thanks for your comments guys, Yes many will come to our minds if ever we win in lottery because its easy money.So what shall we do with it if ever we won, of coarse give some to charitable institution, to church and others.
• Philippines
17 Nov 10
of ever i will win the lotto, i will gave it to my parents, i will buy all we need and all the things i don't have before like expensive things, but i will also give to the church as well for the poor people.
• Philippines
14 Dec 10
yes, you are very kind hearted my dear.You will give it all to your parents since you are still young may be your parents will put it to high earning bonds or mutual funds in preparation for your future.Give to charities and to the needy.thanks
22 Apr 10
If I win a lottery I would first help my son and daughter who have their family.Then I would start a small business to occupy muself and to earn as well.I would give a big amount to my husband to help him start a business.Ofcourse I would do a lot of charities.
• Philippines
14 Dec 10
yes, we as an individual do have part inside that we do care to others especially the needy.Help your children financially, look for investment opportunities that you like//thanks
@Lena25 (51)
• United States
13 Apr 10
I would first take a long vacation and relax since I haven't be on a vacation in 6yrs. before I start to deal with anything else. Start a business of my own then help as many people as I could like my family and friends. Then save the rest for a rainy day.
• Philippines
14 Dec 10
yes, most responders choose vacation I guess its because they need some time to relax since all of us needs t work in order to earn.Help your family and friends of coarse, invest some and the remainder put in banks.thanks//
@reckon21 (3479)
• Philippines
26 Apr 10
If I win the lottery one day I would gladly donate some portion of the money to the charities. There are many people and especially children who needs my financial help and I will exactly do that. Then I will start a business of my own something that would last and become big like those rich companies out there and I'm going to employ thousand of jobless people and I will help them to make a living. I probably travel some country that I love to see one day with my family. I would buy all the things that I need and never had the chance to buy before and eat all the delicious food and hope I wont get fat if that happens just kidding.
• Philippines
14 Dec 10
yes, you will do all the things that you that will make you happy.Donate to charities put up you own business to help the unemployment problems.Do some travel vacation with your family and enjoy the luxuries that money could provide...thanks
• India
25 Apr 10
OH my!!! I always love to this type of fantasy. I am absolutely sure that I will never ever win a Lottery, simply because I never BUY them!!!!! Now, if somehow, I do buy and I do win, the first and foremost thing I would be doing would be give a 'thank you' visit to my Family Diety, Sri Srikanteshwara of Nanjungud. Then, I would take out my list of all 'pending' wish list of my wife, ....... earrings, bangles, sarees, etc. Surely, the amount would be big enough to satisfy all her wishes and still have some balance. Then, only then, I will think of my wish, and that wish to visit the "Manasa Sarovar" and "Mount Kailash", the abode of Lord Shiva. If still, left with something, I would not hesitate to donate to charity, especially educational ones.
• Philippines
14 Dec 10
as you username says your a financial guru if thats the right term for it, and very good thinking if ever you bought a ticket and win since you said you do not.you have a list already not to mention a thank you visit to your "Family Deity"thanks
@dorannmwin (36392)
• United States
11 Nov 10
There are a lot of things that I would do if I were to win the lottery. I would first pay off all of the debt that my husband and I have acquired in our lives, including all of my student loan debt. In addition to that, I would make sure that a college education including graduate school would be covered for both of my children, and also for my two nieces. I would finally want to make sure that my mother would be financially secure for the rest of her life.
• Philippines
14 Dec 10
yes we all think the welfare of our family.give them all the best we can if given a chance and this might be it if we wins.Pay all your debts and you will support your mother financially, thanks
• Malaysia
13 Apr 10
First, I will buy a big house for my family and give half of the money to my parents..express my filial piety. Next, I will also further my studies on my own money, can ease the financial burden. Lastly, I wll helps the needy financial person to cope with their life.
• Philippines
14 Dec 10
well of coarse you'll buy all material things that will give comforts to your family, for your parents for all the hardship they have endure to reach where you are now.Help others especially those who needs most.Further your learnings, thanks
@Draeke (322)
• United States
21 Apr 10
I'd pay off all my debts and my parents mortgage, and prolly bank the rest for something down the road, like my kids college. Most likely buy a new truck and a nice big house for my kids and us.
• Philippines
14 Dec 10
yes all that luxuries that you have been dreaming off will become a reality if in case you got lucky.Pay all your debts, mortgages put some in banks and if its to big the interest alone will secure you for life.thanks
@iv4emani (35)
• Bulgaria
13 Apr 10
Definitely everybody wants to earn extra money.From lottery win if l want to buy a small house and yard.I want to start own business and l spent part of the amount thereof.And yet it is better to first win and them decide what to do with money.
• Philippines
14 Dec 10
yeah you are right though you win first before deciding what you should do with your winnngs.You will buy a new house put up a business of your own, that is in case you do win, thanks///
@jdyrj777 (6530)
• United States
12 Apr 10
I would do some investigating and then buy a good business that will keep bringing money in to me. Then i would do other things with my earnings.
• Philippines
14 Dec 10
So you will do some researching and scout for opportunities in opening a business.yeah, thats good and you must also deposit some to earn interest.thanks
@K46620 (1986)
• United States
12 Apr 10
I'd send a $2300 check to the Peter Schiff for Senate campaign, as well as equal checks to Rand Paul's and B.J. Lawson and Adam Kokesh. I'd save most of the money and spend a little.
• Philippines
14 Dec 10
you are very generous my friend and very supportive of Peter Schiff campaign and the 2 others.In support to them you are willing to part some of your fortune, well I guess its for the better.and yes save most for your future.thanks
1 person likes this
@CJscott (4187)
• Portage La Prairie, Manitoba
12 Apr 10
Depending on the amount and the kind of lottery. I was required to read a short story in high school about towns that held a "lottery" the winner got stoned, so that they could have a good crop that season. Then, what if it was only 5$ or 50$ not much to do there but try again, or pay a bill. If you are talking a substantial amount of money, it would depend on the amount, I would set aside enough, in a high interest account, or mutual fund, to be able to live comfortably off of the interest for some time. Then I would go about purchasing some land, better buy some while I can, they have stopped making it you know. And from there, I would contribute to causes I believed in, such as stopping the abuse of children, and proper criminal rehabilitation, prisons don't seem to work, and though these people need to be separated, there can't be something right upstairs, so instead of punished, I believe they need to be helped. Though definitely separated. If I had to choose between which I would contribute to more, I would choose the stopping child abuse. With appreciation.
• Philippines
14 Dec 10
What a great idea my friend, imagine you thinking the welfare and interests of other people especially the rehabilitation of criminals opening other areas to help them, because as you have said prison term don't work.Contribute also to organizations that helps stop child abuse.Investing to a high earning funds with interest that will support you and live a comfortable life.thanks
@tigeraunt (6326)
• Philippines
12 Apr 10
dear stanley, i would open up a business with my daughter, buy a property and build apartments for rent, take care of my granddaughter's studies. give some to immediate family and save the rest for the future. on second thought, maybe i can add a little tour outside of my country. now... am daydreaming. ann
• Philippines
13 Dec 10
yes tigeraunt, why not if given the chance.Investing in business is a good idea but you must study it first before releasing the money.Real properties, apartments is a plus spare some for immediate relatives and of course save also for your family's future.thanks
@hagirl (1295)
• United States
12 Apr 10
I would definitely buy that house down the road I want.... I would get my husband and I newer vehicles (not new, but used).... I would invest some of the money into a 401K and also get a CD with some of it to draw some interest for retirement..... I am not like most and thrifty with money..... I would still shop at consignment..... Someone else's trash is my treasure in some incidences.... That is where most of my clothes come from.... I got all name brand clothes but have bought from consignment or people have given to me.... So I am good
• Philippines
14 Dec 10
thanks hagirl, so you will engage in some business venture, buy house which you have already pick its down by the road.Yes a new car for your husband's conveyance.Also some signature clothings, wow how extravagant.Don't forget to deposit some banks just in case the business don't work.
• India
12 Apr 10
I feel, Iam the most luckiest person in the world if i won a huge amount of money in a lottery.Lets hope to get my dream gets fulfilled if i buy it next time.
• Philippines
13 Dec 10
yes, imagine of all the million bettors you get the winning numbers. that's destiny my friends.And you should think first on how to spend it in which in return will benefit the future of your family.I mean save some and invest some...