GTKY: Make it Rain

[yalllow]

If you won the lottery - what is the first thing you would do? The second thing you would do?

[fish8412]

1. Pay off college loans.
2. Buy a Toyota 4 runner.

[northernlghts]

Pay off all debt, assuming I won enough

Buy a new car

[linzerd]

Buy a house and a new car, then go on vaca

Oh and I forgot a boat.  I'd buy a boat

[zandeela]

Depending on how much I won:

if substantial (100 mil) - quit job and buy a huge ranch (50K acres)
if not - pay off house and cars - set up trust for LO

[threetaboos]

What kind of lottery are we talking? I'm going to go ahead and assume I'm coming out with 20 million after taxes.

1. Pay of debt
2. Buy a house in our current price range.
3. Travel!

[kaitkat]

Hmm depends on the money if it was a lot:
1) pay off our house
2) buy a new house and van

[maganonymous]

Assuming that I won the big jackpot...

1.) Buy a bigger house and a new car
2.) Go on a nice long European vacation!

[yalllow]

First I would:



Then I would:


1. All debt of my friends and family (only my close friends not the ones that are inevitably going to come out of the woodwork).
2. Pay off house. Sell House.
3. Move north - many acres.
4. Travel.
5. Open a free bed hospice home.

because that's the charitable thing to do.
 

[ntdane]

1. Pay off house and any debt.
2. Travel!

Wait, maybe I would start with someone to clean my house and cook healthy meals...that actually sounds amazing right now.

[g33kyg1rly]

1. Pay off house
2. Buy a car
3. Hire a house cleaner

[RandomName]

1) pay off student loans
2) build my dream house
3) set up college savings and trust funds for my kid(s)

[newmomma8]

I'm going off the last lottery one, somewhere around 300 million right???

1. Quit my job!!!!!
2. Pay off all debt, notes (car, truck, house)for us and my family.

[jtizzay]

Quit my job.

Call a travel agent and make travel plans.

[jjsmom80]

pay off my house, quit my job and travel!

[bsouls]

1. Call my lawyer.
2. Call an accountant.

I'd be in no rush to do anything quick and money goes quicker than people think.

And, number one would probably be to do a Google search for "what's the first thing to do if you win the lottery."

[killerqueen79]

The first thing I would do is call my lawyer.
No wait, mom and dad and tell him to get in the first plane to where I'm at.

Before I travel, i'll set up a trust fund for my children, set up my mom and dad for life, give my sisters and brother there share.

That's if I win a lot of money.

If I won 4-5 million... I will buy a historical Georgian Colonial style home on at least 15 acres.

Still set up a trust fund for my children, I will definitely set my parents up for life, I'll give my brother and sisters an equal share.