Just a Gen X girl in the world
Thursday February 9th 2012

How would you spend your lotto winnings?

Powerball is worth $10 million tonight. It’s a decent amount. I know a million is a lot and all but in this day and age it would last me about 5 minutes. So I hang out for the big ones and I have a feeling that I might win it tonight so I’ve had a think about how I should spend all that money.
Of course I went looking on the internet to see what others have done and there are some fabulous ideas out there ranging from new boobs to new knees. One man spent $16000 buying all his favourite childhood toys (he looks the type) and one kind mum bought her son a $1/2 million fireworks business–possibly not the wisest move, but they both seem happy.

People have done noble things like buying tracts of land to save them from development and donated sizeable percentages to charity. Aren’t they wonderful?

Then there are the tales of woe from people who have won, and then lost big. Apparently it’s the F words that brought them undone. Family and friends. I wouldn’t even tell anybody that I won. However as I would likely be very drunk on champagne and probably blabbing on to anyone, then that most likely wouldn’t work. So here’s my plan. Give the family x amount of dollars and let them sort it out themselves. It will really give you an insight into their character, probably not very pretty.

However if I do win I’ve found a site that tells me how to spend my Powerball winnings. Amazing isn’t it that they think someone would win big and then immediately get on the internet to find out how to spend it. Not likely, but I’ve got the list here if you really want it. Some of the advice is good, some not so much. So courtesy of Ehow the list goes

  1. Hire a financial adviser (I think they forgot to put in the adjective honest. Also look for one who’s not into the sharemarket)
  2. Make small purchases at first (WTF!)
  3. Pay cash for everything that you buy (haven’t you always wanted to pay cash for a Ferrari–oops forgot about point 2)
  4. Invest a portion of the winnings (just not in the sharemarket or Storm Financial or Greek banks or any European banks for that matter)
  5. Buy at least one guilty pleasure (at least 50 I say)
  6. Pay off your debts (fair enough)

Very sound advice that someone should have been given to British winner Callie Rogers who blew $1/2 million dollars on cocaine. Naughty girl. She lost the lot, $4 million dollars and is now blaming everyone except her stupid self for it. She says that she should never have been given the money at 16. How does a 16 year old win the lottery? Is that legal? Well now she’s 22 with 2 kids and 2 new bouncy boobs and no dough. Dearie me.

 Me however, I have a plan–I’ve had it for years. This is what I would do, and probably a whole lot more.

  • Buy an apartment in Paris or London, as my European base darling.
  • Always fly first class where there is real champagne and leg room and showers and dignity
  • Have a makeup artist and hairdresser on standby as I am rubbish at doing either.
  • Have a personal trainer to whip me into shape as I will be frequently eating at quality restaurants that use lots and lots of butter and cream.
  • Buy my daughter an apartment in the city and a car that always starts first go–ahhh the serenity and I’d never have to pick up after her again.
  • Never, ever, ever work again. Not ever.
  • Buy some fast racehorses so I can swan around racetracks in ridiculous hats that cost a fortune.
  • Buy my husband a very fast car of his choice.
  • Get myself a driver so I never have to look for a carpark, ride a train or bus or use a taxi again, in my lifetime.
  • Give sizeable funds to well-chosen charitable organisations.
  • Make both sets of parents financially secure.

The last two are to ensure that I don’t go to hell when I die.

How would you spend $10 million dollars?

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2 Responses to “How would you spend your lotto winnings?”

  1. Toni says:

    Easy, pay off my mortgage. Never work again. Go to day spas everyday…now you’ve got me started.

  2. Lizzy@home says:

    Travel overseas first class for years on end.

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