if you won the lottery what would you do?

I will built my palace in Bali and go around the world and meet Messi

I will sponsor street kids to have basic education and pay for their lifetime education. I'd ensure I change many lives anonymously and just pay bills.

I would give my winning ticket to my worst enemy and watch as they spiral out of control like most loto winners do

Would purchase a few small items then invest the rest of the money.

buy my own island and rent our houses, make more money

I would help my family out and then myself and then probably invest some of it.

not spend my days trawling forums and go outside and maybe live a little...........but im here so

i'd definetely go to my plug lmao. then after that I'd probably look into some properties.

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i'd definetely go to my plug lmao. then after that I'd probably look into some properties.

Probably pay off my student loans, make sure I would never have to take out any more, and move to a place where I don't have to pay a ridiculous amount in property tax.

Lets say, after taxes, I personally won $20 million in the lottery.

Firstly, I would not tell anybody about my winnings, not even my closest friends. This is just a recipe for future disasters.

Immediately, I would set aside $500,000 to put myself through a great undergraduate program and then medical school. Why wouldnt I take the money and just retire? Because I want a normal life, a normal family, and guaranteed financial security. Plus, medicine has always been my passion, so why not?

While Im still in high school, I would certainly take money and buy things to make my life easier and more fun. Id take my friends out to dinner. Id buy myself a nicer car, perhaps a new Acura or Mercedes SUV. A nice set of golf clubs. Perhaps a Rolex or something similar. Id also set aside some money to take beautiful vacations with my family during the summers throughout high school and college. Lets say all of this, combined with the $500,000 for education, is about $1 million.

I now have $19 million left, and a medical degree. Id love to open up my own private practice someday. Lets set aside $500,000 for that.

I also do not want to pay any money if I dont have to. I dont want to pay a mortgage with interest; instead, Ill drop $1.5 million on a nice house on one of the Great Lakes. Lets also buy a $200,000 family boat for use on the weekends if were dreaming.

Id love my living expenses, travel, and car(s) to be covered by the salary from my job. We have $16.8 million left. Ill throw about $2 million toward an untouched emergency savings account.

I have an interesting idea for the remaining $15 million. You can buy nice homes for about $250,000 each in suburban Houston, Dallas, Oklahoma City, St. Louis, and various spots in the Midwest. With this $15 million, I could purchase 55 houses after taxes and expenses.

Why would I spend the rest of my money on 55 suburban houses? Well, in these areas, rental homes are in high demand! A nice house of this price would rent for $2,300 per month, easily. Lets consider a 10% management fee, so thats a total of $2,070 per house, per month. This comes out to be about $115,000 per month total, which is about $900,000 per year after income and property taxes. Within 20 years of my initial purchase, the homes will have paid for themselves, and I will have a steady income of $900,000 when Im retired. This could set up my family for their entire lives. It makes good financial sense.