by 
caffey4
ANSWERS: 10
-
Visit the friends I have made overseas, open a home for abused and abandoned animals and children, set up a scheme to help the homeless , buy my sweetheart all the books and music his heart desires and try to learn every musical instrument that I can.
-
if i won 50mil then they would take half so that i could have it in a lump sum then i would be taxed 40% of the remaining leaving me with 15 million so i would um talk with a financial advisor and give my brother and sister some doe to pay off their homes. Then i would...spend and invest.
-
The first thing is to get a lawyer, then a financial advisor and accountant. Net I would move away and change my number. After sharing some with family and friends I would invest the remainder and live modestly off the interest. At my death I will split it between my wife and children with gifts and scholarships to charities and my colleges.
-
Travel around the world with my loved ones, buy a big house, save some and give some to charity. I'd visit my Answerbag friends too :)
-
Pay the taxes on it. :)
-
i will invest the 30% and spend/save the 70% the best to invest that safe, you can visit myfxfunds.com for more info
-
I would go to where my beautiful Amy is and either move there myself or bring her home with me and marry her! We would then enjoy the money going places and seeing things then be sure there is enough left to take care of her for the rest of her life.
-
Pay off my 3 sisters mortgages and buy my cousin and his wife the house of their dreams( so that they can get out of mine lol), buy my mother a beach house, give my future mother in law what she needed to fix her house, put some money away for my son and his future and live off the interest of the rest of it. +5
-
Talk to a lawyer. Quit my job. Pay off the mortgages of all my family. Get sound financial advice. Invest immediately. Buy a new car. Take a trip. Then I'm not sure...
-
well assuming I have 25 million left after taxes, I'd take 5 million and put it into several money market or other relatively safe cash accounts earning about 3% interest and use that as my immediate monthly income. That comes out to about $112,000 per year after income taxes. I'd take another $5 million and buy a defered annuity that would start paying us in about 8 years (I'm 32, so I'd officially retire at 40). That would generate about $25k a month, and I'd begin globe trotting. I'd take half of the remaining 15,000,000 and invest it in the stock market (7.5 million), and the other 7.5 million I'd donate to various charities. Somewhere in there I'd use a hundred thousand or so to really spruce up the land my house is on, finish all the additions and remodeling of the house, get a Delorean, and a new pick-up truck, and my wife a new vehicle. Because I have invested such a huge amount, and the money in the money-market will never be exhausted (since I'm only spending interest), there would be a sick amount to pass on to my kids.
RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC