Friday, September 1, 2017

What I'd do if I won the lottery

You're not allowed to sell lottery tickets in Mississippi so ever since I was young I've been fascinated by it. It was always big excitement when we'd visit my grandparents in New Orleans to get a scratch off ticket. We were little so $2 seemed like a fortune! I still like to try my luck and buy a scratch off ticket from the grocery store every now and then. I've never won but I'm hopeful.

I saw someone won $759 million in the Powerball last week. Whenever that happens I always think about what I'd do if I won that much money.

1. I would take it in a lump sum. I trust my ability to manage money more than the people at Powerball. I also wouldn't want a press conference announcing I'd won.
2. I'd pay off all my debt and my parents debt. My parents have always stressed the importance of living within your means so this wouldn't be much, but I think is the obvious first thing to do
3. I'd buy a house in Vail. I don't know that I'll always live in Vail but even if I move this would be a good investment. I'd love to buy a place like this one and put all those hours of watching HGTV to good use.
4. I'd hire a financial advisor and invest, invest, invest. I'll be the first to admit I didn't learn near enough in my semester economics class in high school. When I try to read articles about investing in stocks I feel like I'm reading Russian, so I know I'd need to hire someone to help.
5. I'd take a fun trip. Nothing too extravagant, because with that kind of money I'll be taking vacations for years. I think I'd go to Ireland because I always thought I'd go somewhere in Europe for my 25th birthday but I just didn't have the money or time. Which brings me to the 6th thing I'd do
6. I'd finish out the season and then quit my job. I am so lucky to truly be working my dream job, but I wouldn't want to work 40 hours a week and mine just isn't something that would work part time.
7. Because I wasn't working full time I'd need to find something to fill my time with. I'd want to go back to school to get my masters. I don't know exactly what I'd want to get it in or where, but I loved school and would jump at the chance to go back and continue learning.
8. After that I'd want to go back to working part time. Call it cheesy but there is just something so fulfilling about getting a pay check. I'm not saying I'd work forever, but the retired lifestyle seems like it'd be lonely at 26.

And that's about all I've figured out. I've always said it says a lot about a person by what they'd do with that much money. What would you do if you won that much money?
 photo signature_zpsvprlrk8z.png

No comments:

Post a Comment

I think of every blog post as a conversation. I hope you'll join in and leave a comment so I'm not just talking to myself.