kakalina Posted May 6, 2006 #1 Share Posted May 6, 2006 OK You just won a million dollars in the lottery Where do you go??? Link to comment Share on other sites More sharing options...
CateW Posted May 6, 2006 #2 Share Posted May 6, 2006 Directly to the lawyer to set up a trust; after that, rent a limo and go to my office and give notice. After that, I'd have to think about it since we have a cruise planned for July and are going to San Juan for a long weekend on Wednesday. Link to comment Share on other sites More sharing options...
elmorejj Posted May 6, 2006 #3 Share Posted May 6, 2006 Straight to the airport to catch the first thing flying to get me home to England. Once there, I can sit and think about all of the places I can now go to........Pack? no way, buy everything I need when I get there.........jean:cool: Link to comment Share on other sites More sharing options...
dot73 Posted May 6, 2006 #4 Share Posted May 6, 2006 I guarantee that I would be on a cruise ship within five days of cashing the ticket. Link to comment Share on other sites More sharing options...
localady Posted May 6, 2006 #5 Share Posted May 6, 2006 The check would go to our investment guy so we could live well on the capital....sans 50 K, that would be used to do a little celebratory cruising. Imagine the deals you could get if you were able to book a few of those "last minute deals" on a some suite accommodations!! I'd also contact my TA to see what World Cruise I could book for myself, DH and our boys...now that would be an education at sea for them!! Link to comment Share on other sites More sharing options...
cruisequeen10 Posted May 6, 2006 #6 Share Posted May 6, 2006 Booking the first cruise out of Vancouver. Wouldn't it be nice to book the highest category and don't have to worry how much it cost. Being pampered at all times. I have told my family if I won that much, we we all go in style. No money worries to think about. Link to comment Share on other sites More sharing options...
fridayeyes Posted May 6, 2006 #7 Share Posted May 6, 2006 To the bank. Deposit that puppy, invest and live on the interest. I run a small non-profit, so I'd beef up my non-profit's budget with a CRT too. I'd pay off student loans, replace the beat up Ford (though not with something outrageous) and look into that cruise to Tahiti. HAL has this 30 day itinerary in the South Sea islands that I'm just drooling over. Link to comment Share on other sites More sharing options...
jhannah Posted May 6, 2006 #8 Share Posted May 6, 2006 I also would head to my investment counselor and get things set up for maximum return. Then I'd book a couple of cruises and write a few checks to some worthwhile causes. Link to comment Share on other sites More sharing options...
HeatherInFlorida Posted May 6, 2006 #9 Share Posted May 6, 2006 I'm with the investors. The check would immediately be invested in such a way that I can just draw interest and leave the principal. I would take a "small" sum to return to Fench Polynesia and stay for a couple of weeks on Bora Bora. Other than that, I would change nothing. I wouldn't travel anymore, but I would definitely spend 4 months a year in the Northeast. In other words, it would just make my life easier. Link to comment Share on other sites More sharing options...
caribbean dreams Posted May 6, 2006 #10 Share Posted May 6, 2006 I'm with Fridayeyes, I'll meet you on the ship, the south seas sounds great to me. Link to comment Share on other sites More sharing options...
FoxyTerrier Posted May 6, 2006 #11 Share Posted May 6, 2006 Before cashing it I would contact my tax attorney, move to Florida ASAP to avoid state income tax, set up college trust for all the little ones in the family, take the extended family on a cruise, invest the remainder and live of it's income. When I see big cruising family reunions it always makes me smile. Link to comment Share on other sites More sharing options...
rkacruiser Posted May 6, 2006 #12 Share Posted May 6, 2006 After getting the money invested, I would see if there were any of those condos for sale that line the channel overlooking Port Everglades. Then, contact my travel agent and book a world cruise! Link to comment Share on other sites More sharing options...
CCCM Posted May 6, 2006 #13 Share Posted May 6, 2006 Lawyer first. Days off from work second (I can't quit). Voyage of the Vikings or some similiar long cruise (depends on the time of year). If the family wants to come, they are welcome. While I am away, they can remodel my kitchen and bathrooms. :D I need to find out what it is like to cruise with a verandah. Link to comment Share on other sites More sharing options...
LHC Posted May 6, 2006 #14 Share Posted May 6, 2006 Tahiti, Fuji, and Bora Bora LHC Link to comment Share on other sites More sharing options...
HeatherInFlorida Posted May 6, 2006 #15 Share Posted May 6, 2006 LHC, see you in Bora Bora:) . Joni, before you move to Florida just want you to know that while you save on state income tax, they take your left arm to pay for your homeowner's insurance. You don't even want to know:( ! On the other hand, that $1 million will go a long way toward paying for it.:D Link to comment Share on other sites More sharing options...
trubey Posted May 6, 2006 #16 Share Posted May 6, 2006 All I want is 1.3 million dollars. There is an old estate by me that is just calling my name. I can come up with the .3, but I need the lottery for the million. susana. Link to comment Share on other sites More sharing options...
Scrumpy Posted May 6, 2006 #17 Share Posted May 6, 2006 Lawyer and CPA first. Then, most likely, we'd pay off our mortgage and land loan on our other parcel, make a few improvements here and buy a new place in New Zealand with a lot of land, so we can re-locate in 7 or 8 years. Might take a celebratory trip to England and France to catch up with all our family and friends there. Life wouldn't change much in the short-term except for the crews working on this place. (A million doesn't go as far as it used to!) Link to comment Share on other sites More sharing options...
Scrumpy Posted May 6, 2006 #18 Share Posted May 6, 2006 Gosh - nearly forgot my family... probably find them another house. They went from smaller to larger and now they're talking about it being too much for them as they age. Maybe lock in a good price in their area since prices are depressed, then it'll be ready for them when they decide to move again. Link to comment Share on other sites More sharing options...
halos Posted May 6, 2006 #19 Share Posted May 6, 2006 jeesh!! By the time Uncle Sam gets done with it there will be NO need to go to a lawyer or start any trust funds. The first thing I'd do is pay off the kids college for them, then I'd go straight to the travel agent and spend the rest there. Life's too short. There would be no hesitation. Link to comment Share on other sites More sharing options...
Oceanwench Posted May 6, 2006 #20 Share Posted May 6, 2006 jeesh!!By the time Uncle Sam gets done with it there will be NO need to go to a lawyer or start any trust funds. The first thing I'd do is pay off the kids college for them, then I'd go straight to the travel agent and spend the rest there. Life's too short. There would be no hesitation. I was thinking the same thing ... comes from being married to a CPA! He told me taxes would eat up about 1/3 of the million. So I wouldn't quit my job ... I'd be investing most of the $667,500 or so ... but I would set aside some for a wonderful family cruise from Fort Lauderdale to ... wherever!!! I would also donate some money to the local wildlife sanctuary and the pet shelter in our town. Link to comment Share on other sites More sharing options...
Oceanwench Posted May 6, 2006 #21 Share Posted May 6, 2006 After getting the money invested, I would see if there were any of those condos for sale that line the channel overlooking Port Everglades. Then, contact my travel agent and book a world cruise! Um ... the after-tax money might buy you a studio condo there if you are lucky!!! And you'll have to put lots of money aside for the monthly maintenance fee, which is sky-high for any of those condos on the water! Link to comment Share on other sites More sharing options...
MikeT718 Posted May 6, 2006 #22 Share Posted May 6, 2006 For me if it is only 1 million I'd still have to work but there are some things that I could do with it as long as all the taxes are paid and I have the full million 200K to charity there are a couple that I know that really could use the cash. 200K to my family and friends who really need it..then invest 275K..Pay off our small morgage and new cars for DW and myself and when DS gets old enough something for him....And the last 100k into our vacation fund!!!! Link to comment Share on other sites More sharing options...
refman Posted May 7, 2006 #23 Share Posted May 7, 2006 trubey, yeah, that`s always my problem to, the 1st million. Link to comment Share on other sites More sharing options...
bruce-r Posted May 7, 2006 #24 Share Posted May 7, 2006 Tahiti, Fuji, and Bora BoraLHC You're close. I'd skip Taiti and do Fiji, Bora Bora, then add Yap and Palau and end up in Australia. Link to comment Share on other sites More sharing options...
Aussie Gal Posted May 7, 2006 #25 Share Posted May 7, 2006 If I won a million dollars I would first of all give half away to my favourite charity which is the Cancer Council here in Australia. With the other five hundred thousand dollars I would give one hundred and twenty five thousand each to our two children - they are both comfortable so are not needing huge sums of money - and that leaves us two hundred and fifty thousand dollars which would be more than enough for us to do as many cruises and trips that we want to go on for the next few years. We are both retired and live comfortably. I would not want to change our house or our cars or our lifestyle. Jennie Link to comment Share on other sites More sharing options...
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