We are talking millions.... do you take payments or get it all in a lump sum. Sit back, quit your job, & enjoy life, or invest/ start your own buisness etc. And what are the first 5 things you would do w/ the money, or spend it on?
Depending on how much it was, I think I'd take the lump sum and the first 5 things would be...
1. New house- hate my neighborhood
2. New car- mine's a piece of crap
3. College funds for the kiddos
4. Take care of my parents- they have helped us out so much through the years
5. Def. try to donate to a worthy cause
Would prob. try to start my own buisness of some sort, to ensure we didn't just blow through the money, & end up broke again a few years down the line...
Answer by virginiamama71 at 11:16 PM on Feb. 12, 2013
Answer by Bmat at 11:22 PM on Feb. 12, 2013
Answer by JulieJacobKyle at 11:35 PM on Feb. 12, 2013
Answer by spiritguide_23 at 11:40 PM on Feb. 12, 2013
Answer by kmath at 11:14 PM on Feb. 12, 2013
Answer by Ballad at 11:31 PM on Feb. 12, 2013
Answer by Dardenella at 12:25 AM on Feb. 13, 2013
At my age I would take the lump sum. If I was young I might take the payments. I would custom build a house right on the beach in Del Mar. I would not work, but I would volunteer. I would give money to my daughter. I would buy a house for my aspie son. Give some to charities.
Answer by musicmaker at 12:51 AM on Feb. 13, 2013
Answer by winterglow at 5:42 AM on Feb. 13, 2013
I would take the lump sum. I don't have to worry about tax because lottery winnings are tax free in Canada.
Answer by beeky at 5:44 AM on Feb. 13, 2013