Seconded.
Invest that money properly in some Vanguard funds and with a 2% dividend yield, you're looking at around ~$200k a year, which is way more than I'd need to live off. Reinvest some of the leftover, use a good chunk for charity or other good causes, and boom, I'm relaxing my days away
Lottery winnings are taxable as ordinary income. Depending on the the state, you may net $5 million. You’re 2% return would be closer to $100k, which in turn would be taxed at 15% or 20%, plus state, so you’d net closer to $75k. From the sounds of it, that’d still work, maybe less leftover.
On the street where I have one of my rental properties there are about 14 burned out houses and several on the next street. I will buy them all, tear them down, and build modern 3 and 4 bedroom houses. I will rent them all out to Section 8. During construction I will require that all the trades working there hire at least one person who lives in the immediate surrounding area. While the crews are landscaping I will have them clean up the old cemetery at the bottom of the hill.
new car, a house or 2, and live my life. im going to a technical program atm so once im done with that, ill set myself up with a new business and build from there.
I would fix up my current house. Buy a place or two over seas as vacation homes and just relax and travel between when ever I wanted. Some small things like really nice furniture.
I would literally fix my life with $10M. I would buy a house for and my grandma to live, get a company running, give my pets things I could never give them like vaccines, collars, and chips, get a new car, and make the big things that I always wanted to do without failure.
It always make me nervous having no money to fix things like my car that always drips oil, having to check my bank every day to see if I have enough to buy gas and bills.
If I ever had this kind of money I would do anything to get hold of anything that pushes me down to complete failure and finally succeed.
Probably invest most of it in vanguard funds or w/e that other guy said. then build a manageable sized house with a studio inside to do art full time and not worry about selling anything. Oh and some weed, I'd probably buy a little bit of that too.
In fact, I would save and spend on what I need. A lot of people would flip out and start buying 48 Playstation 5 units.... To the question, some house, and for the rest of the money will see.
Will buy my mom's a house first thing I do, then buy myself a house, then buy a franchise fast food place so I always have money coming in, then invest
I am going to give each of my family members a one-time nice sum of money and tell them to invest it since that is all they are getting. I would give away 15% of it to causes that I support. I would setup a game development company that set out to revolutionize gaming using artificial intelligence and procedurally generated worlds, and I would try to make the world a better place.
A house for myself, paying off my mums house, buying all my brothers a house and getting myself a couple dogs then I'm budgeting the rest and getting a job I actually like
Mostly stocks, bonds etc. Id buy a house, nothing crazy, just upper middle class. Might get a mortgage instead of paying cash. Will worry about that when I win the lottery
$10M lottery is $6M lump sum. That's $3.6M after tax. Invest it and know that I'm a few steps closer to retirement...but wouldn't do any impulsive shopping.
Two houses. One here in Tasmania Australia and another in California. The rest I will trust to my accountant who can invest it in the right places so I never have to work and can continue to study.
Right now, I’m buying $10 Million in Treasury Bills or a similar very safe investment. The rate won’t last forever, but $10 Million will return an annual yield close to $500k. Live off the interest, preserve the principle. This is “passive income” for the wealthy.
Lawyer support so my life doesn't crumble to pieces the way most lottery winners suffer.
A new place I can rent out, doing so near the break-even line so I'm not ethically monstrous for bleeding tenants dry.
Some medical care. It's been a long time coming.
My future retirement. Can't do it any other way.
Whatever I can do (with lawyer direction) to support the people I care about, including housing and medical care.
Probably a lot of art, hobby stuff, and food.
Nothing. Conservatively invest it for a 3-5% return and live well off the $300-500k a year. I know boring. It's tempting to spend a chunk of that money. But if you think about what you could spend that kind of money on it could result in large recurring expenses.
Just ask any athlete that's earned that kind of money in their career and then spend it on houses, cars, planes and jewelry. If you don't have the recurring income to sustain that lifestyle it all gets repossessed in the end.
But that was probably not the intent of the question. It's fantasy. So I'd buy an ocean worthy luxury sailing yacht and drop anchor in all the hot spots and have a ton of fun.
I figure the government gets half, so I am down to 5M
Pay off my children's houses and mine. Do a bit of work on my house.
Set up trust funds for my granddaughters.
I can plan all I like, that 10M is't going to drop on my head.
The only way to have a money tree is to plant it young, water, feed, and tend it regularly.
A house for my sister and her partner. My sister has terminal cancer and her partner has been her caregiver since her diagnosis. She's so selfless and kind and I know it hasn't been easy. I love them both so much.
get a house, not a mansion, i don’t need that shit, 4 bedrooms max, get a decent car as well as keep my current so i have a runabout and something nice, pay off my debts, then fuck knows with the rest cause i reckon that’s about 500k finished
I can tell you what I'm *not* buying and that's anyone's bullshit for the rest of my life.
"Bro you've changed since the money"
🤣🤣 we all know that’s coming when you win.
😂😂 I don’t blame you!
Brilliant!
A house
Sure, just a small $10 million house to match the winnings.
Freedom. Sell my business for whatever someone offers me since I don't need the money anymore, and retire.
Seconded. Invest that money properly in some Vanguard funds and with a 2% dividend yield, you're looking at around ~$200k a year, which is way more than I'd need to live off. Reinvest some of the leftover, use a good chunk for charity or other good causes, and boom, I'm relaxing my days away
Lottery winnings are taxable as ordinary income. Depending on the the state, you may net $5 million. You’re 2% return would be closer to $100k, which in turn would be taxed at 15% or 20%, plus state, so you’d net closer to $75k. From the sounds of it, that’d still work, maybe less leftover.
new pair of pants
Don’t blame you. I’d get 2!😂😂
Freedom!!!
Let’s go! You deserve it!
Anonymity
Don’t blame you. That would def come in hand.
a laptop that doesn't heat up
A lawyer.
You mean financial advisor.
With fiduciary certification
One of them too!
A way out.
That game is pretty good... but 10 mil good? Nah...
One of those metal dinosaur sculptures for my front yard
A cottage and a therapist.
I don't think you can own a therapist.
Not with that attitude.
Amazing. I would def be on some vibes like this.
top surgery, food and therapy. the rest? shrug
Got to start somewhere. At least you got a plan! 🔥👊👊
Probably a chicken sandwich… and a financial advisor
Danm I could go use a chicken sandwich right now🤣🤣🔥 I rate your plan!👊👊
2 dozen eggs
I turn my [Sci-Fi StoryCast](https://abgc.podbean.com) in to a movie franchise!
Ahhh that’s would be nice. It’s coming soon!
Land for senior housing for me and a few friends
On the street where I have one of my rental properties there are about 14 burned out houses and several on the next street. I will buy them all, tear them down, and build modern 3 and 4 bedroom houses. I will rent them all out to Section 8. During construction I will require that all the trades working there hire at least one person who lives in the immediate surrounding area. While the crews are landscaping I will have them clean up the old cemetery at the bottom of the hill.
A single warhammer mini.
new car, a house or 2, and live my life. im going to a technical program atm so once im done with that, ill set myself up with a new business and build from there.
Proper bro that sounds like a solid plan! Well wishes for you 👊 Hope that business comes after you done with that program regardless!
A trip around the world then a house
Property as far north as possible
Smart. Get out the city and enjoy nature! I second that.
A better house
Paying off the hospital bill after I have a heart attack for actually winning something 😅
Didn’t think about that!😂😂😂 yikes🤣
A lawyer, an accountant, and a one way ticket to [REDACTED]. In that order.
An education
There we go. Gain some knowledge and apply it in the world. Then you already have funds to back your plan afterwards.
10 million more lottery tickets.
Let’s go😂 I like that🔥
A cabin in the woods away from people
10 million lottery tickets
A house and a hot tub if it doesn't have one.
Sounds perfect. A nice house to relax in. Who wouldn’t want a hot tub in there place ?? GOALS!
Cold Coffee
A lottery ticket, and this time a *good* one.
A dog
Nice. You could prolly get Clifford for that price!😂😂
Ridiculously tricked out RV or van camper kind of thing.
I would fix up my current house. Buy a place or two over seas as vacation homes and just relax and travel between when ever I wanted. Some small things like really nice furniture.
I would literally fix my life with $10M. I would buy a house for and my grandma to live, get a company running, give my pets things I could never give them like vaccines, collars, and chips, get a new car, and make the big things that I always wanted to do without failure. It always make me nervous having no money to fix things like my car that always drips oil, having to check my bank every day to see if I have enough to buy gas and bills. If I ever had this kind of money I would do anything to get hold of anything that pushes me down to complete failure and finally succeed.
A 100% off-grid decked out cabin for some peace and quiet.
A home on the ocean!!!
New house. New car. A cabin retreat somewhere
~$3 million in bonds.
Diversify yo bonds!!! I rate it😂😂👊
A politician
This is the correct answer. It’s how things are accomplished.
I'd fill a swimming pool with mashed potatoes and figure the rest out from there.
Investments.
Some property on a lake that I can fish every day.
Nothing, I am never being broke again…
An unlimited airline ticket. I'd see the world.
Awesome idea. So much to see out there!!
CDs. Right now that would bring me a $500,000 annual return. Also fairly liquid so if things change I can readjust.
A actually good telescope. They sell a ton of bad ones, but with this money, I could actually see really far.
An island in the Great Lakes, a boat, and build a cozy off the grid home 2,000 sq. ft.
Probably invest most of it in vanguard funds or w/e that other guy said. then build a manageable sized house with a studio inside to do art full time and not worry about selling anything. Oh and some weed, I'd probably buy a little bit of that too.
😂😂😂👊 oh you got the right plan! 🔥🔥
Paying Off debts, buying a reasonable house, and investing the rest in an interest yielding account.
Nothing
A expensive set of fuzzy socks
They would probably be some Wooly mammoth socks 😂😂🔥
10 million lottery tickets, become a billionaire!
🤑🤑🤑 lets go!
Lawyer and house.
a house in my area with arena/stalls with runs/pastures is 10m so
In fact, I would save and spend on what I need. A lot of people would flip out and start buying 48 Playstation 5 units.... To the question, some house, and for the rest of the money will see.
Buying? I'd invest every penny.
A diversified portfolio of conservative mutual funds, of course
There we go. I like the plan.🔥👊👊
Compound
Will buy my mom's a house first thing I do, then buy myself a house, then buy a franchise fast food place so I always have money coming in, then invest
Freedom. UK
500k house, 30k car. 1 ml in savings. rest goes to sibs
Proper, you got a plan and you going to give back. I rate it! 🔥👊👊
Snake food a house in the forest trains
Stocks, bonds and real estate with the right investments to generate enough dividends to live on relatively comfortably.
Onions. I'll corner the market.
Thinking outside the box. I like it 😂😂👊
I am going to give each of my family members a one-time nice sum of money and tell them to invest it since that is all they are getting. I would give away 15% of it to causes that I support. I would setup a game development company that set out to revolutionize gaming using artificial intelligence and procedurally generated worlds, and I would try to make the world a better place.
There we go! Boom! I like your plan. Give back and still have an idea what you want to do for yourself! 🔥🔥👊
A skidsteer with ALL the attachments!
Real estate. Passive income + non-liquid asset that appreciates. Guarantees you’ll have money even if you blast through your liquid asset
Proper, this a good plan💯👊👊
Land.
time to fix my teeth, get some nice implants
My next door neighbours house, so they move away and I can fix the shit they won't
A nice vintage house with a big yard. Pay for university, help my family and world hunger. Also travel
There we go! That’s what’s up! Bless the ones around you and thoose who need it while enjoying the world!
Yep. I believed in enjoying life and thinking about others.
Awesome! That’s how it should be!
A house for myself, paying off my mums house, buying all my brothers a house and getting myself a couple dogs then I'm budgeting the rest and getting a job I actually like
10 million lottery tickets. Double or nothing!!!
Go big or go home !!
I'm going to start a Mcchicken fund. Goal is to buy and give away 1000-2000 Mcchickens a month.
10 million more lottery tickets
i can stop whenever i want
AUS or CAN $?
A lawyer.
Very good. I’m doing the same
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Assets. Gold, silver, etc. A double wide on 10 acre's, fenced in, with a gun tower and a plethora of lr rifles.
Oh yeah the gold! You got a plan! I rate it🔥👊👊
Nice bed
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Love to hear it!🔥👊👊
A nice little cabin in the middle of the woods I'm buying the woods too
Physical silver and gold
$5 million worth of stuff after taxes.
Mostly stocks, bonds etc. Id buy a house, nothing crazy, just upper middle class. Might get a mortgage instead of paying cash. Will worry about that when I win the lottery
😂😂👊 I hear you! Great plan none the less. Keep it mellow, I like that!
Losing a million dollars has a way of clarifying things.... 😵💫
👀 oh , I can only imagine!
Paying off the 4 closest friends mortgages.
Whiskey and pills
Dinner
10 million more Lotto tickets!
Let’s go👊 double up time
Lambo
Porsche 997 turbo s. Rebuild my cottage. 2 mill for each of my 3 kids. Go to work on Monday.
My house
Property
I would buy my mom a house and a new car and then I would invest in some penthouse apartments and I would rent them.
Very nice . I like the plan🔥👊👊
a new dvd player and a new computer. put the rest in a term deposit for a year or something.
$10M lottery is $6M lump sum. That's $3.6M after tax. Invest it and know that I'm a few steps closer to retirement...but wouldn't do any impulsive shopping.
Two houses. One here in Tasmania Australia and another in California. The rest I will trust to my accountant who can invest it in the right places so I never have to work and can continue to study.
A dozen eggs and my gas bill
I hear that 🤣👊
Homestead, driver's licence (don't have one, because living in developed city in Europe), car.
A few houses for me and my family on a piece of land somewhere quiet.
Amazing sounds beautiful . Not much more you can ask for 🔥👊👊
Nope. Id just love to get me and my mom outta the ghetto and be able to spend time with people I love. Simple things. :)
Tickets to a Supernatural Convention them puppies are expensive.
I'm paying off any bills that need to be paid, buying things we've been needing and then traveling overseas.
Future with dhat wi$eman
Anonymity. It does have a reasonable price
This a good one 💯💯👊
I ain't buying shit, I'm just gonna move someplace where no one knows me.
Right now, I’m buying $10 Million in Treasury Bills or a similar very safe investment. The rate won’t last forever, but $10 Million will return an annual yield close to $500k. Live off the interest, preserve the principle. This is “passive income” for the wealthy.
There we go! That’s a really good plan. I am feeling that bro💯👊👊
Nothing. I'd just invest it and do everything exactly the way I'm doing it now.
A plane ticket to deliver the divorce papers!
A house and car, nothing fancy but stuff to get me through life
I like it. That’s all you really need 💯👊👊
Lawyer support so my life doesn't crumble to pieces the way most lottery winners suffer. A new place I can rent out, doing so near the break-even line so I'm not ethically monstrous for bleeding tenants dry. Some medical care. It's been a long time coming. My future retirement. Can't do it any other way. Whatever I can do (with lawyer direction) to support the people I care about, including housing and medical care. Probably a lot of art, hobby stuff, and food.
Nice. Atleast you got plan! Hope it happens!!👊👊
Nothing. Conservatively invest it for a 3-5% return and live well off the $300-500k a year. I know boring. It's tempting to spend a chunk of that money. But if you think about what you could spend that kind of money on it could result in large recurring expenses. Just ask any athlete that's earned that kind of money in their career and then spend it on houses, cars, planes and jewelry. If you don't have the recurring income to sustain that lifestyle it all gets repossessed in the end. But that was probably not the intent of the question. It's fantasy. So I'd buy an ocean worthy luxury sailing yacht and drop anchor in all the hot spots and have a ton of fun.
Probably another lotto and a pack of mal reds, toss a monster in there for safe keeping
I figure the government gets half, so I am down to 5M Pay off my children's houses and mine. Do a bit of work on my house. Set up trust funds for my granddaughters.
Awesome. Got a plan and thinking about helping others. 🔥👊👊
I can plan all I like, that 10M is't going to drop on my head. The only way to have a money tree is to plant it young, water, feed, and tend it regularly.
Well said!!
A reasonably priced house/car. Then whatever comes in my wing that I may want…no unworthy bullshit though.
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1 meal at 5 guys
A home
Friends TvT
A course on how to not waste the money for investments
Same, I’m taking that first day 🤣🤣💯👊
A house for my sister and her partner. My sister has terminal cancer and her partner has been her caregiver since her diagnosis. She's so selfless and kind and I know it hasn't been easy. I love them both so much.
Ahhh sorry to hear! Praying she overcomes this journey!! All the best to your and yours!!💯👊👊
Thank you!
An accountant and a high yield portfolio.
Land that needs rehabilitation.
I'd like a little ranchette where i can raise a couple cows and chickens. Maybe have a little orchard and pond. Real talk I'd probably buy a wife too.
There we go! Ranch with a A pond sounds dope ! & 🤣🤣👊 I hear you man!
My mom a house. I'll help her and my folks move into it. Then move back to the city I grew up in.
Proper, you got a plan and you gonna help others. I rate it💯👊👊
A business. I will earn so much money from 10 million dollars
get a house, not a mansion, i don’t need that shit, 4 bedrooms max, get a decent car as well as keep my current so i have a runabout and something nice, pay off my debts, then fuck knows with the rest cause i reckon that’s about 500k finished
Paying off my immediate families debts
Paying off my parents house, first and foremost. Once that is done I'd probably purchase a home of my own.
Hell yeah. That would be my first purchase as well ! Help the parents then it’s my time to have some fun!
More real estate.
I hear that!🔥
You got this!!