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What would you do if you won the lottery? Let's be more specific, Let's say $5,000,000 (after taxes) falls into your lap.
What would you change about your life? Employment status! quit job and spend time learning karate, working out, volunteer at animal shelter...
What would you buy? house, drums and PA system, gym equipment, car, 2 vacations- Russia and Virgin Islands and all kinds of teachers- russian tutor, karate lessons, personal trainer, music lessons...
Would you give any of the money away? I'm not really a generous person, so the only people I 'd feel a strong urge to take care of are my grandparents. I'd like my grandmother to have a diamond tennis bracelet and her house remodeled ...I'd probably spend about $300,000 on them, but for everyone else, I'd lie and say that the taxes took most of my money away and we broke even after we bought the house!
I'd want to invest about 3 million so we could hopefully live off the interest, although if I really did have that 5 milion, I'd look into this way more than now, as it's hypothetical.. before spending anything, I'd want to know all of the math...If we invest this amount, how much yearly interest will we have?, that amount?... etc.
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