The first thing I'd do is make sure my family, especially the older people who don't have much money left, are taken care of. Then, I'd take out two million and just buy anything and everything I've ever wanted, plus pay off my college loans. After that I'd put the rest of it in the bank and live off of the interest.
Would I have a job? Well, I'd probably always be searching for something to work on, some goal to achieve, but would I be working Mon-Fri, 8-5? Unless I really liked the job, no. I would never be at the whims of anyone, it would be a job I'd want to do, I'd be happy to do, and one where I'm surrounded by people I like. The chances of finding such a job are slim to none so I'd probably delve into a hobby or something.
Also, this is probably going to sound odd but I'd never have a maid or butler or servant or whatever. No, I'd buy a reasonably sized house and clean it myself.
EDIT: While I'd never be able to hide that I had suddenly become rich, I would do my best to make sure that the fact that I'd won the lottery never got out. On top of that, I'd have to find ways to keep myself in check - going from having to manage your money well to never being able to spend it all could certainly have some detrimental effects on someone. I'd imagine that such a person would have to end up managing themselves instead of their money, arguably a much, much more difficult task.
after spending say, 25 million,
That's a vast sum of money - even though that's only an eighth of the 200 million you've estimated ending up with, I doubt you could just up and spend all 25 million in a short amount of time. Maybe if you bought several beachfront homes and several yachts and several private planes, but eventually you'd have to sit down and, y'know, use that stuff you've bought instead of constantly shopping for a new one. I just can't imagine anyone immediately going to buy a yacht when that person has never, ever had anywhere near enough money to care about that sort of thing in the first place - no, I think the first things people of average financial status would buy are immediately obtainable. TV's, game systems, computers, iPads, stereos, etc. Only when they've gotten all that stuff would people start to look for things that take time to obtain but can still be gotten and enjoyed in a day, like cars and furniture, and then I'd imagine they would go for houses. I'm no psychologist so maybe I'm just shooting in the dark here, but most people would want to spend a lot of money on something as quickly as possible, just to release all of that past tension of looking at something and only being able to afford it after savings or a bonus check or something.
Boy, this post hardly ended up the way I thought it would.
Log in to comment