what is your contingency plan for when you the lottery?

me, as soon as i found out i had the winning ticket, i would retain a lawyer immediately, get some cash fronted and transportation arranged to the lottery processing center.

that would be the first thing i did until i got the payout.

then, i would disburse money to my mother, sister, and brother and disappear.

i'd ring my friend H in chicago, issue him a satellite phone, a credit card, and hire him as a consultant. he'd have to fly to my location whenever summoned. he'd be well-compensated for this.

then i'd head to new york to assemble my "team:" a good tax accountant, a good tax attorney, and a wise investment professional.

i'd probably post up in a hotel and live there permanently.

i would pretty much drop off the face of the earth and hide myself in layers of flunkies. only my mother would know my whereabouts and she wouldn't snitch to anyone.

after a settling in period and a one month alcohol binge, i'd rent a car and drive around the US for about 3 months while living in hotels and eating cheeseburgers, and otherwise getting the feel for every out of the way spot i have never been.




what is your strategy?




and yes, i have way too much time on my hands.

How lame is that? :D

1. Get an unlisted phone number.
2. Hire a lawyer and a financial adviser.
3. Wait for a very busy news day to redeem the ticket, and wear a disguise when I do it.
4. Quit my job before anybody finds out I won.
5. Not tell anybody other than my family about it, and deny it if anybody asks if I was the winner (I have a fairly common name).
6. Arrange for security for my house while I'm hiding in the Bahamas or wherever.
7. Buy an airplane and travel around until nobody is even mildly interested any more.

blow it all in a six month party of coke and champagne.

you would definitely need some top shelf hookers too. definitely hookers, maybe about 20 of them. all the time.

Hookers. Hookers. I need to write this down.

I have tried it before on a couple of occasions. It didn't do all that much for me. Last time I tried it (20 years ago) I got that there erectrial dysfunction and it ruined a potentially great evening.
Nope, you can have my share of the coke. I do like the occasional joint though..........

:D

:D

:D

you couldn't do that much coke or drink that much champagne in 6 months, but I guess you could invite lots of people to party with you

still

that kind of money doing drugs would have killed me

I'll pace myself, just keep going till the dosh runs out. :D

that's gonna be a rude awakening when it runs out!

:scared:

She was an accountant and is great with money. I'm not.

The rest of your plan works for me, but I'd get one of those gigantor RVs and travel around the US in it. OR I might get a ticket on the QE2 and cross the Atlantic and then take the Orient Express for awhile.

I'd buy a house down here and a house in the NC mountains. Money for everyone in the family and for my roomie, who is also my best friend.

Nice to dream, ain't it?

that is basically it

hookers and coke.

could there be anything finer?

hookers and coke lubricated with booze. it doesn't get any better than that.

hookers and coke on a nice boat

:rofl:

the rest I'll just blow on something stupid.

1. hire an attorney
2. hire a spokesman
3. claim the ticket
4. pay all creditors
5. put a large percentage in trust for my son
6. make plans for the next stage of my life

:shrug:

Does it involve fruit or palm fronds?

:hi:

it would also, if possible, involve someone else that is very dear to me, and then fruit and palm fronds if that is what they wanted.

:D

-Put on pants
-Go pick someone up
-Ride all over the country until we come to our senses
-then.. all that smart stuff about managing the money
-college for anyone I know that wants it
-career for me
-I could do this all day lol

:hi:

If it isn't very much (like under 10 million), I'd let my husband use it to open up a restaurant. If it were a lot more, I'd think of a much more useful (in the grand scheme of things) business such as alternative energy or something.

I'll take the $15,000 Trek Livestrong Tour de France retail version of Lance's bike and spend the summer cycling across Europe. Oh, and Crim Son & I have a pact that if either of us wins, we gift a million to the other so she gets first crack at spending the proceeds.

First, hire a lawyer (or two-for different purposes) Then buy a house (or buyout this one), make some upgrades on it and invite all my wayward searching friends come to visit on their way to hidingout in hotels, riding around the country in RVs, travelling to their long-distant soul-mates, and basic wanderers. Then enjoying the second part of my life.

*sorry no hooker or coke allowed ;)

I wasn't being serious, of course. ;)

I thought you were totally serious....not!

:)

Except I was going to ride around picking people up! :loveya:

:hi:

1. Pay off any and all of our bills

2. Follow Morrissey around on tour (including overseas tours) until he decides to stop touring

3. Buy a house somewhere on the Pacific Ocean and build an animal rescue facility there, taking in as many homeless animals (mainly cats) as I possibly could

1. Call my money manager. She is one of the top five money managers in the country. No, I'm not kidding.

2. Get an accountant. Talk to this person and my money manager about whether it's better to accept the yearly payout or just take a lump sum. I want to know what's the best for me in that scenario.

3. Claim the prize.

4. Have my money manager put a chunk in my account for travel.

6. Take two, possibly more, months to travel around the world and figure out what I want to do with the bulk of the money.

But not a real green dress; that's cruel.

:)

:thumbsup:

:headbang:

:hi:

1. Get a lawyer
2. Get an accountant
3. Talk to the 'rents - my dad was a retirement planner at one point, and my mom's super smart with money.
4. Pay off everything I owe and quit my motherf*cking job from hell
5. Set up my mom, dad and sister (and BiL) with enough cheese to last
6. Buy some nice property in Costa Rica
7. Buy some nice property near my family
8. Throw a party the likes of which even Bog has never seen - you're all invited, expenses paid
9. Calm down for a couple of months and ponder my next move, which will probably involve falling off the grid and changing my identity (along with the s.o.'s)

More or less in that order. :)

Desire" with an all dog cast

WAY too much--how sad is that?

I know the first thing every lottery office wants, and that is personal information on the winner, which fucks up a lot of people's plans--how far can someone escape when they're surrounded by people crawling out of the woodwork looking for donations and running scams?

So the first thing I would do is request the lottery only announce my first name and last initial, and nothing more--ever. I would also research attorneys and financial consultants and make sure neither has a jail term for embezzlement in their background. Don't laugh--there have been several celebrities who have had their people stealing them blind over the years. I would hope that whoever I hired would be capable of restraint when it came to someone else's money--meaning mine.

I would also spread the actual winnings into quite a few different accounts for safety reasons, including a few Swiss bank accounts and a few in the Grand Cayman Islands, as well as doing the same here in the U.S. I would definitely invest in something like gems, since I love emeralds, sapphires, rubies and diamonds.

Once I have squirreled away a large portion of the winnings, I would then start the task of spending some of it. Mom would get a house of her own with my brother. I'd hire a nurse/housekeeper 24/7 for her and my brother so that she doesn't have to worry about care. If my sister could sober up, I would be more than happy to provide her with a house of her own with a proviso in the contract that she would not be able to sell it or mortgage it (I love her dearly, but she's been known to sell rare items and other people's belongings for a drink or drugs in the past, and I won't agree to her doing that). I would pay off my other brother's mortgage in Las Vegas, which would really help him and his family--they're on the verge of losing said house right now because of hospital bills from my SIL's battle with colorectal cancer last year. And for my friend who owns this house and has allowed me living here rent free in the second floor apartment, I would buy him a house in the city where he grew up which he remembers with affection. He'd be able to then sell this one and use that cash to retire early.

For myself, I want a house right by the ocean, and north of Boston, in Gloucester or Rockport would be perfect. Anywhere in the area known as Cape Ann would be great. Nothing too big, but definitely nothing small. I figure about 3000 sq ft inside the house, with a good several acres outside. Preferably on a cliff overlooking the sea, with an unimpeded view, and my property extending to that region of beach below the house. That gives me some privacy. Another location to purchase a house would be somewhere along PCH in California, with the same kind of view of the Pacific as I have on the East coast of the Atlantic.

I would definitely take pilot lessons so I could buy an airplane of my own and fly back and forth from coast to coast without depending on commercial flying.

I would travel a lot as well. Going to locations around the world is one of my fondest wishes. And I would also get a parcel of land on Cape Breton so I could go down there, and some place where my mom could also go to when she wanted to.

Winning a sizable lottery often isn't as great as some people hope it would be. Besides the winning, people have to find ways to get rid of people who become your "friends" after you've won, turn away potential con artists, fight off relatives for the same reason, and accept that winning isn't going to help problems in your life that aren't related to money. If a person can't get their mind around that, then they're going to be disappointed regardless of how much money they have.

Retire IMMEDIATELY after finding the right money managers and investments.

I'd probably live where I am living now. Also, I would set up some kind of trust to pay for the triplets' college educations. And probably the same for the three greats I have acquired by my nephew's recent marriage.

If it was over 30 million I would split it with my brother & sister. If there was enough to do that and some left over I would also include a friend I have known from grade school.
I wouldn't worry about remaining anonymous, I have no problem telling people no. I would buy a couple of thousand acres of good farm land and raise cattle. I would build an off grid energy efficient home which produced its own power using the sun and the wind. I would also contribute heavily to animal rescue/spay-neuter programs.

No hookers. No coke. No worries.

I'll add this to my plan. As soon as I have enough money to get out of depending on everyone else for energy I would.
Very smart..

When it becomes cost effective to produce my own power rather than buy its a done deal. If I could live anywhere it would be far from civilization. I am pretty far out now, but it could be better.

I haven't thought through all the lawyer/accountant type stuff but I guess it would be necessary since I don't wanna start dealing with it :dunce:
But I do have a plan- I'd buy a few acres in the Blue Ridge mountains where I'd keep pet donkeys, goats, cows & chickens, and grow some vegetables, and build a small winery. And I'd build cabins that my family could come visit or live in or whatever. The farm's where I'd spend most of my time but I'd also keep a little apartment in San Francisco.

I'd spend 2 or 3 weeks a year traveling all over staying in little apartments or bed & breakfasts and taking photographs for the book I have planned that I have to keep a secret.



(edited to include my family :blush: )

While I worked out where I was going to settle.
St Johns would be a top choice at this time.

This would only work if I won a supersized lottery - one of those $200 million plus deals.

I would like to invest heavily in green energy. If the money amounted to over $200 million, then at most taxes would take $100 million, leaving about 5 million per year for 20 years. I would work to build up wind/solar energy plants. I have an idea of how to make a wind turbine which also incorporates solar panels, for times during the summer when wind is slight and the sun is strong. With that kind of money it would be feasible to start putting up several units which could allow for green energy distribution. I would like to hire technicians and designers at a decent salary too, not bare-bone wages like what is becoming common today. They would also help to put back into the community. Eventually, with the right amount of sweat and marketing, the green energy system might become both practical and desirable for a number of places, and the possibility of branching out into nationwide applications would be available. The systems could be made to work almost anywhere, giving truly clean green energy and transforming the energy economics we know today. It's just waiting for someone to do it.

That kind of money could really make positive changes in the world. Sometimes I like to think about what it would be like to put my plans into action.

On the other hand, if I won the lottery I might just blow it all on hookers and beer.

then I would pay off my mom's house.

I would take the remainder and invest it, and use the interest to travel around Central America looking at birds until I got bored with that. :shrug:

Then I would travel around South America. :D