If You Won A Million Dollars

What would oyu do with it, it is all yours, tax free...how would you spend it? use it?

[question posted by gtdonna]

responses and comments:



I'll deposit the Million dollars in my bank account so that I can get Interest to that amount every month. Its like increasing our money in regular rate of Interest. [startstop123]
Yep, should bring in a nice return if you let it grow [gtdonna]


I have no idea yet because it seems to be impossible for me to have that kind of money so I don't make any plan of spending. lol. But if ever? oh!! well, maybe the first thing is to have a house and save for the education of my children. what abut you? do you have any plan of how to spend that money if you won that? [celestial052506]
Well if I should ahve a million dollars, i would invest it and put some towards a hosue too and my daughter education [gtdonna]



House, car, start my own business, a couple dogs and cats, DVDs, video games, Playstation 3, Xbox 360 and a wife. [Marcola]
Sounds like the perfect life we all dream about - it can happen [gtdonna]


Buy a house, pay all my bills and take my daughter to Florida for a month. [dmcollie]
Any reason why Florida? Disney World? [gtdonna]



I would first invest in something or start something that would always have money coming in to me.I would then buy a modest home and a modest car. A million dollars don't last forever if you spend it foolishly. [artguy]
I agree with you, it won't last if spent foolishly. I ahve watched people come into big money and just spend it and then months after they are struggling to pay rent [gtdonna]


well...i ll use it to best of the benefit..well..i ll better invest them in some very good business.and have some life insurance policies...but its just thinking...not of any use i know... [alcazar]
Hmm life insurance policies - never thought of that [gtdonna]


I would first pay off bills and then I would start a better cat shelter. That is my long term goal to start a no kill cat shelter. [Apriljess]
I hope that one day you will eb able to reach that goal [gtdonna]


My goal is to travel around the world with my family so NOT if I won but WHEN I won a million dollars I'll achive that goal. [as2006]
I like how you think *thumbs up* [gtdonna]


Oh, If I won a lilion dollars,I will contribute all money to the disaster area of Sichuan Province of China.Many people were killed in the quake, and many buildings were broken. We will give them money to rebuild the home if we can. [cncoke]
WOW! Thats very gracious of you [gtdonna]


Part of it, I'll give to my parents.... Another part to my favorite causes like Greenpeace. Part of it, I'll invest and save. And best of all, I'll get a house with a very big room for a library and fill it with books. I can also travel to a lot of places. [babyanj]
Hello fellow bookworm! Yes, I certainly meant a library. I want to need ladders to get to the top bookshelves :D [babyanj]


I will invest half of it in stock market [Talal159]
I am hesitant to invest in stocks these days with the current market going up and down [gtdonna]


pay all my debts, house and lot, insurance, place some in the bank then travel..... ahhhhhh..... dreaming :) [rosapai]
Dreams do come true [gtdonna]


I'd probably keep a quarter of it, then put the rest into a CD or bond and make more money out of it! [brianhanson37]
Well, a bond is basicily loaning the government money. In return for loaning them the money they will pay you back in a certain amount of years (5, 10, 20, 50, etc.) with interest. I'm not sure if Italy has it. Do you know? A CD (Certificate of Deposit) is where you put a minimum amount (usually $500) into a bank account for a certain amount of years, and like a bond, the bank pays interest on the CD and you get that back when your yearly period is up. You can also add money to it at any time although you cannot take it out. [brianhanson37]


I would build three upscale resort homes, and one main house, and go into business immediately offering vacation hide-aways for folks who can afford them! In fact, this is in my plans right now! :) [peaceful]
WOW! Just looking at your avatar I can imagine how you will set these homes out - great idea with potential for big returns [gtdonna]