If you won the lottery tomorrow, what would you do first?

Jump to Last Post 1-13 of 13 discussions (13 posts)
  1. mooboomoo profile image76
    mooboomooposted 12 years ago

    If you won the lottery tomorrow, what would you do first?

    BUT you've only won £1 Million, how do you use it wisely to set you up for life?

  2. LisaKoski profile image82
    LisaKoskiposted 12 years ago

    I'm not sure how much that is in dollars but if I won a ridiculous amount of moey I would definitely pay off all my school loans and other debts before I did anything else with it. I think once I did that I could start saving up for a better future.

  3. lburmaster profile image73
    lburmasterposted 12 years ago

    Pay off all of my summer classes. 20 credits cost a lot.... Plus I'm transfering so that adds a little stress and cost.

  4. cherlame profile image61
    cherlameposted 12 years ago

    Pay off school loans first and then travel the world.

  5. profile image54
    dillonallenposted 12 years ago

    That's about $1.5M USD. I immediately pay off all outstanding debts (mortgage, cars, student loans) and look for solid income opportunities with the balance (revenue generating real estate, dividend-paying stocks). This allows continued income from my source prior to winning to go directly to recurring expenses, more investments, and leisure.

  6. rocknrollcowboy profile image61
    rocknrollcowboyposted 12 years ago

    I would pay off all my debts, including the house, then I would look into investments and consult a stock broker so I could still generate some income.

  7. Romian1 profile image59
    Romian1posted 12 years ago

    If I won the lottery which we can assume is in the tens or hundreds of Millions of Dollars or British Pounds, I would first find a way to keep the family and then the money safe.  I would help poor immediate family and relatives that are in need second.  Thirdly, I would just splurge like crazy.  That means buying a new home, cars, gadgets I always wanted, all the find steaks and lobsters, and buy items for the family.  Fourthly, I would go on a very long vacation around the world and attend all my favorite sporting events.

    If I only won a Million British Pounds or US Dollars, I would save most of it and invest in it conservatively.  I would just work for a few years until the Million triples or quadruples and then do all the above with a little more constraint.

  8. duffsmom profile image62
    duffsmomposted 12 years ago

    In the US, about half would go for taxes.  After paying taxes, I would pay off my house, be sure I had enough for good medical insurance for the rest of my life and then save the rest for the inevitable emergencies that come up in life.

  9. mbsunlimited profile image60
    mbsunlimitedposted 12 years ago

    Well,first,after I picked myself up off the floor,I'd tell give thanks to GOD. Then I would buy myself a brand new Ford Mustang GT. Spend a little then focus on rolling out the advertising on some of my business endeavors and turn that one million dollars into ten million dollars.

  10. Insane Mundane profile image57
    Insane Mundaneposted 12 years ago

    I'd call my place of work and bluntly tell 'em to stick it where the sun doesn't shine!

  11. profile image0
    msorenssonposted 12 years ago

    No change in what I would normally do..except that now I would have to factor in how to distribute the new money..........

  12. Pannonica profile image61
    Pannonicaposted 12 years ago

    Wake up - I would know it was only a dream.

    Okay so if it wasn't and I'd pinched myself, I think make a very strong cup of coffee. Move house quickly I could never handle all those begging letters.

    Then sit down with a large sheet of paper and probably stare at for so long, because after family and close friends I would have so many charities I would like to help and to be honest you can't help them all.

    My one dream though is I would love to buy my own private woodland, where the deer and wildlife could live free from culls and poachers.

    And then I'll write a hub and let you know where all the money went!!

  13. cheaptoys profile image61
    cheaptoysposted 12 years ago

    invest in some property or stocks so u will be set for life


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)