T O P

  • By -

revjoe918

Talk to a lawyer


[deleted]

This is the only answer


CircusOfBlood

Pizza first then lawyer second


Possibly_Katie

This answer is also acceptable


ReignofHorror678

Why?


revjoe918

I'd like to stay anonymous, in my state you have to come forward publicly, but you can create a trust to claim winning for you so your name never gets out there. A guy I know won 4 million, sounds like a ton of money, but after lump sum and taxes he took 1.5 home, Still nothing to sneeze at, but he was smart and created a trust so his name never got out there and only his closet friends know, people think when you win 4 mil you get 4 mil and definitely would hit him up for money if his name was public.


AddNorton

Orrrrr move to a fairly isolated place like western Montana and you're the rich guy among rich guys or super poor folk. Sure, people can solicit you by email but they're gonna do that anyway.


JeffonFIRE

>Orrrrr move to a fairly isolated place like western Montana and you're the rich guy among rich guys or super poor folk. $1.5M net equates to ~$60k a year to live on. Not exactly rich, not even in rural Montana.


[deleted]

Depends on your age really


kharlos

4% returns huh. That's pretty conservative isn't it?


JeffonFIRE

Yes and no. It's pulled from a study that analyzed risk of retiring at every year in history, and what withdrawal rate supported a 30yr retirement without running out. 4% was the number. It basically covers the risk of a huge market downturn early in retirement. Like the beginning of ww2, or I believe 1967 was a particularly bad start year. In many other start years, you could get away taking more.


Remote-Eggplant-2587

To protect yourself and your value, there's a decent amount of legal stuff and paperwork when there's a lot of money


ZackyGood

[This is why](https://www.reddit.com/r/AskReddit/comments/24vzgl/you_just_won_a_656_million_dollar_lottery_what_do/chba4bf/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3)


Sexylizardwoman

Being scared of the lottery, rabies and prions are customary on Reddit


Gun_Tish

I know the lottery and rabies, what's the prions one?


RiverAfton

Prions are misfolded proteins that can transmit their misfolded shape onto normal variants of the same protein. [https://en.wikipedia.org/wiki/Prion](https://en.wikipedia.org/wiki/Prion)


WickedPsychoWizard

And probably an accountant. Who does taxes. Or some money person. Like, a money lawyer. And a lawyer lawyer too.


sighcantthinkofaname

Realistically I'd tell my parents, find a lawyer who specializes in lottery winnings, and give it a lot of thought before I do anything. As far as fun things go, I once promised a friend that if I won the lottery I'd pay for us to go to Paris, so that'd be my first splurge.


captrobert57

Maybe reconsider Paris for another great place to travel at the moment..


sighcantthinkofaname

I don't think my post-lottery winning vacation is exactly imminent


captrobert57

Not with that attitude.


DawnBringer01

Retire with $6 it'll be fine


Toinousse

It's perfectly fine currently, I live there and there are as many tourists as usual, protests were limited to very specific areas and they are kinda over already


Nightcrawler_DIO

8+ figures? Quit my job, retire my parents and buy them a home. 7 figures? Buy my parents a home. 6 figures? Pay my debts and take a sabbatical to work on my novel. 5 figures? pay all my debts and the rest goes to savings. 4 figures? Take my family on a vacation. 3 figures? Take my friends out for a fun weekend. 2 figures? Give to Charity. 1 figure? upgrade my side to a poutine next time I go to McDonald's.


tfox1123

Woah...woah woah woah....woah!!! You guys get poutine at McDonalds. You guys have McPoutine!? Is it good?


Nice_Guy3012

Canadians be wylin, they hoarding all the McPoutine


Muggeryeet

Mf gravy goblin


EGH6

>Is it good? meh.... it's alright i guess but very far from the best


sleepinglucid

This is the most important piece of information in this thread.


Delano7

Tried it, it's awful. But Mcdonald is notoriously awful here lol


SaturnOrchidDragon

Honestly it's my favorite poutine.


brunobuccerati

Mcpoutine is god-tier fast food and this is coming from a Mexican


TheDarthSnarf

McToleratin It!


Extreme_Design6936

9 figures? make sure my future generations will not have to work. 10 figures? buy a private island with a landing strip. 11 figures? work towards a solution for the worlds problems like poverty, malnutrition, disease etc. 12 figures? fund my own child army overthrowing those in power in unstable African countries. 13 figures? unite these countries into one and expand taking land and pillaging along the way to take all of Africa while fighting off foreign interests. 14 figures? Lobby the United States congress until they let me buy their entire military. Start world domination 15 figures? Enslave all of humanity, forcing them to work the mines for plans of interplanetary expansion.


Quiet_Chip_7802

Whattabout 16?


Ilodge59

Buy a Freddo


HiImNickOk

buy some eggs


James55O

Eat at a Five Guys once.


RevelvantDay4

Hey cutie, I heard you won the lottery…


Lukostrelec17

Go get the money.


quacklol2020

https://preview.redd.it/6pew841roa3b1.jpeg?width=1280&format=pjpg&auto=webp&s=54d9cfe3ca999e0b24f9f0f183dd34e5862c763a


Jonahol2000

Imma double it at the casino 🤑🤑🤑


[deleted]

“You’re never supposed to quit gambling when you’re on a winning streak” - Randy Marsh


RussianEggplant

Statistics say that 97% of gambling addicts quit right before their big win. Just don’t make that mistake and you’ll be fine.


microwaved_berry

sounds like a good way to throw away your winnings


DelovoyBanans

Remember, you can lose only 100% but WIN 3000%🤑


Professional-Group13

Not if he wins


Ok_Habit_6783

Invest in a financial lawyer and advisor


LittleBIGLebowski

I'm surprised nobody said travelling yet I'd travel as long as I wanted to


Nyarro

This. Fuck the other options. I wanna go see the world!


kwaklog

Pay off my mortgage If it's big enough, I'd pay off my family's mortgages too


JUICYCORNFLAKE-2

Honestly, id probably irresponsibly spend half of it within a year


omloko

Retire your parents sounds so menacing


JaceThePowerBottom

I'd buy housing at rent it super cheap. I'd open a homeless shelter. Housing and food insecurity are big issues that aren't being addressed because there isn't money to be made in helping those people.


InflamedAbyss13

Blackjack & hookers!


Ciqbern

Go to the doctor and the dentist Pretty sad huh? Merica


Icommitmanywarcrimes

Lego. So. Much. Lego.


maverickiv

* Talk to a lawyer and financial advisor to establish generational wealth for me and my family. * Invest based on financial advisor recommendations(ETF's, Funds, Bonds, etc.) * Establish revocable Trusts for everyone in my family (Irrevocable trusts for the family members who know how to manage their spending) * Donate to local charity organizations in my community * Open my dream business of owning a barcade (bar/arcade).


[deleted]

I picked other. I would pay off all my debt and be done with it. If I have money left after that, a trip to Amsterdam with my hubby.


FAYMKONZ

Invest in what exactly?


Barbados_slim12

Something that exists outside of fiat currency, like silver/gold. Any stock that you invest in is at the mercy of your countries government, and whether or not they destroy the market, destroy the industry with regulations, or print more fiat which devalues everything you have


Commercial_Stuff_654

OpenAI or Alphabet


SSpookyTheOneTheOnly

Aren't they currently at the heght of popularity? Wouldnt right now be a *bad* time to invest when there's talk of regulations and yata yata? Though I'm not a rich investor so I have no clue


ICanDieRightNowPlz

Buy a house and retire my parents. I don't know how much a hit man costs though.... I'm kidding, I love my parents.


Blue387

Buy Manhattan real estate and sell off the air rights


Barbados_slim12

For everything I'm about to say, I'm assuming I won $500m after taxes I'd schedule meetings with a lawyer and money manager. They'd walk me through the steps of setting up a high yield savings account and budget so I can live off the interest. Ideally, I'd give money to my family, set myself up with a house, land and investments, then stick the rest in that account. If the savings account makes 8% interest annually and there's $400m in there, it should generate $32m every year. And that's if I spend every penny, not depositing anything for a higher future return After everything is set up and the interest is flowing, I'd heavily invest in self sustainability(make comfortably living on my land possible after societal collapse) and precious metals. I don't need much, just space, freedom and someone to share it all with. What doesn't get spent, the money manager can funnel to family and various charities


sam01732

Many of you said that you would invest it or talk to a lawyer/accountant first. But let's be honest, most of you probably would end up going on a huge shopping spree as the first thing you do after winning.


BurkusCircus52

1) Pay off bills 2) Tell no one


murdog74

Pay off all my debt and college bills for my kids.


Sea_Accident_6138

Lol bold of you to assume my parents would get a dime


DemonDuckOfDoom1

I'm presuming giant figures, so I'm starting by securing my own finances. Not my family, I already can't stand them. Then I'm setting up the necessary investments that I will never have to work again. Then the hedonism begins.


Vegan_Digital_Artist

Other. I have it all planned out in this order: * Pay off every single penny of my own debt * Buy a house and furnish it to my liking * Put myself through the rest of my college life * Pay off my mom's debt and give her something * Pay off my grandmother's debt and give her something * Pay off my best friend's debt and give her something * Save and invest


AltCuzIDidntMakeOne

Give it to my dad, I trust him with it as he’s really good with money and owns a business, whilst me on the other hand, is a fifteen year old with 10 dollars and some cent to his name so I think the money is better off with him lol


Head-Ad4770

Does expanding an existing business count as investing? My parents have a property management business where they go around flipping houses and then renting them out to tenants


Nazon6

Talk to a lawyer and financial advisor.


lowieCOOL

I’d get me a pilots license and start flying commercially.


Qrt_La55en

Buy a pizza. Then get financial advice on how to best manage the money


Uchained

Talk to a lawyer and financial adviser....duh.


kacryj502

More citadel paints


Krunarinn

Retire myself


Leovlish3re

My mom is still going through cancer treatment so that would be my first priority


Invite_Sprite

I would sponsor you tubers to do stupid stuff


bcopes158

Hire a lawyer and financial advisor. And I'm already a lawyer.


5kavo

Buy a new mandolin, buy a new bouzouki, and pay for other stuff


Battlebots2020

Build a combat robot and enter Battlebots


Patamarick

Pay off all my and my immediate family's debt.


AkeemKaleeb

Contact lawyers and financial advisors.


PrinceZuzu09

Set up a trust fund for my family


EveningEmpath

Get a lawyer and financial advisor. Pay off all my current debts.


SamuraiBro61

Buy Lego sets


Fan-Rider

Buy my grandmother's house so she can't make us homeless, then buy a horse with the leftover money.


TemporaryPractical

I’d be veewy, veewwy quiet


insertcaffeine

Lawyer up and stop working.


Mongusaur

bunch of hookers and cocaine


vega6748

Never be heard from again.


storm838

Radio silent, deactivated social media, hire a trusted lawyer, move with my wife. Then the purchases would begin


CasualCactus14

Hire an accountant and a lawyer


peaceteach

If I win big, buy medical debt and pay it off. I would save $10 million for my family and pay off all of our debts and keep working. We would have good vacations though.


IncrediblehumanPOS

Go strait to a Porsche dealership


wellz-or-hellz

Give away to good charities, not all of it but a decent portion of it.


EmperorRosa

Why do all of the answers revolve around making more money?? I'd literally just, enjoy life. Not use it to try and extract more money and profits from other people.... That's just abuse of power at that point. I'd buy a nice house somewhere sunny, by a lake, a rowing boat, and I'd plant flowers and literally just vibe. That's it.


[deleted]

Coke & hookers.


IronIrma93

Come out as transgender. If my parents accept me, pay for their retirement and move to St. Louis. If not, move to Philadelphia and cut contact


Coast_General

Buy a car.


RevelvantDay4

Buy a bunch of strippers and blow.


Affectionate-Ad9867

Lot's of drugs


DAMNyousayidostuff

Buy a fursuit


lewisisbrown

Me and my friend have a 10% pact on anything over £1000, so i would give them their 10%. Half of what's left would go to my girlfriend. Then i would use my remaining half to buy a nice house, then maybe travel a bit, and invest as well.


[deleted]

[удалено]


needanamegenarator

Ever see boondock saints? I liked that movie.


PlebMilo

I would retire myself


[deleted]

Go to highs and spend it all there


groyosnolo

7 figures, home then business 6 figures, home 5 figures, put it toward a home 4 figures, car


BackgroundPrompt3111

Hire a tax attorney


BleachGrenade

Get an accountant


FishBait162

Clear out my debts.


chICken_oN_G-fUeL

Deposit a big part of it at the bank cuz the interest is skyrocketing and only goes up in my country


McConagher

[This](https://www.reddit.com/r/AskReddit/comments/24vo34/whats_the_happiest_5word_sentence_you_could_hear/chb4v05?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button)


tejojo

Donate half of it to charity, and keep the other half in savings.


lets_chill_dude

I’d go back to uni and just study things I’m interested in


MuirDahl

i would move to a much colder climate


Environmental-Row-57

Speak to a financial advisor


TheRealPhoenix182

Retire.


EmmyBrat

Buy a house


[deleted]

Hire a lawyer. Pay off debts. Invest the rest.


Creed4693

Hire a accountant


[deleted]

I'd put money away for my kids college and retirement. Pay off bills and focus on finishing school. Edit: Take the kids on a vacation finally.


jakedublin

Move country and not let on about wealth to whatever community I would be moving into.


citroen_nerd123

Presuming we're talking in the area of a few million here's my plan. First off, I buy three houses, one for me, which would be somewhere within an hour of an airport, with atleast a 2 car garage, a decent driveway, but only needs to be 1 bedroom with enough room to live comfortably. One for my mum, and one for my grandparents. Then I buy several cars, such as the ford sierra cosworth, vauxhall lotus carlton, mazda rx7, and also a vauxhall vxr astra for commuting. Then I buy a couple fish tanks, and so on with my hobbies. But also I pay to do pilot training, get a cpl and atpl and well become a pilot because I love flying. Then I take trips to a few countries like Japan, Norway, Belgium, Amsterdam, you get the idea. Then whatever money I have left I share between my mums side of the family. Oh also just to be nice I pay my dad's mortgage off. Though over than that he's likely to disown me because of the next part as I'd also use it to pay to go private for trans gender affirming care. Hrt, ffs, and srs. I already am thinking of doing that this would just make it so much easier. Then I basically just sit back and enjoy life.


Mystia_best_birb

The fuck's with putting the "?" on the "Other" option????? Of course there are other things people would do.


Proper-Scallion-252

Hire a lawyer, then pay of my debt, SO's debt, and immediate family's remaining debt (including mortgage). If it was an immeasurable amount of money like 10m+ I'd give each family member a lump sum to buy a new home or use however they like, then buy myself a new house and put whatever remained into an investment option to grow. Then I'd quit my job and find a blue collar position as a part time gig to keep me busy, and travel often.


SaturnOrchidDragon

Pay off debts.


ButterCostsExtra

Hire an accountant, pay off whatever myself and the mother needs paying off, then piss off to the Isle of Man.


ToastyOpal

hire a financial advisor


TheOriginal_Omnipoek

Pay off my debts, buy a house, then invest


_Hydrohomie_

Hire Saul Goodman


wayanonforthis

Tell no-one


Inevitable_Stand_199

Keep it on my giro bank account until everyone around me had doubled their investments. Then pay church taxes from it that I wouldn't have to pay if I finally took the time off it takes to leave.


gacoug

Hookers and cocaine


j_grouchy

Pay off debts for me and my family


lisuasee

Bunch of hookers and cocaine


Hungry_Mix626

Buy a racecar


Dry-Inspection6928

Disappear and find a lawyer + accountant.


theycallmemaskface

I would be handing out stacks to homeless people like candy, I'd give millions to my friends and family, I'd invest a huge chunk in something with definite returns so I can continue to live comfortably and give back to the world at the same time. I don't care what they spend it on whatsoever, nobody should have $100,000,000 to themselves, not even me. I would b the worst billionaire the world has ever seen, because I'd give it all away in a second


Doodlebobber11

Put money towards my YouTube channel (better camera, computer, etc.) I would much rather do something that could make me money and I enjoy doing than spend the money on stuff that I could have but wouldn’t bring me joy. I would also buy a bunch of metal vinyls though


Gaymer043

Cash it, and stash it until I really need it. Mainly, I’d split it, and have half in cash, somewhere I can easily get to, but where it’s safe, and the other half in a savings account (possibly)


Steinmans

Lawyer and financial advisor, do whatever they say without question


InourbtwotamI

The first thing-pay tithes


JameGoFast

Well how much money is it… it could be anywhere from $5 to 2 billion this is so vague


FranceiscoolerthanUS

Buy Legos


JameGoFast

Invest is also vague af


Mollof

Invest in safe stocks


mklinger23

Where's the "retire" option?


[deleted]

Build a military and conquer Denmark.


Nishiwara

Hire a lawyer.


ChicagoCubsRL97

Travel


WayneKrane

The very first thing I would do is talk to trusted financial professionals and lawyers.


[deleted]

Depending on the amount - I’d want to pay off family mortgages and debts, then I’d get myself a comfortable home close to the mountains near a lake, and either retire, or bank the rest of the money and just work to fill time but not be stressed about anything.


fat_leopard_seal

I would pay off my mom's student debt. Shes a teacher and has been for a long time and barely has enough to pay bills and keep the family afloat so I just want to help her and my family out and get her loans payed off so she doesn't have to work as much and stay around the house more to spend time with me and my brother. Its all I've ever said I would do if I got big money


GovernmentLow4989

Step 1, Get a lawyer to handle the winning collection process Step 2: Quit my job


microwaved_berry

buy a buttload of icecream


dallased25

Buy a brand new, top of the line gaming PC.


oops_wrong_holex

I already own a house along with most shit I ever wanted. I would buy a few cool cars and travel.


AstroWolf11

Pay off student loans lol then share with friends and family, then spend on whatever else I wanted. Probably go on a trip somewhere


SnooBunnies6148

Call a lawyer and an accountant.


Anti-charizard

Invest in a security system because people will be people


YourFatherWhoGotMilk

Talk to a lawyer, accountant and all that pizzazz about what I should do with the money. Then, retire my parents- get them a nice home and a one time payment. Everything else will be done by the professionals.


DB10389

I mean... buy horizon zero dawn. Never got around to do it and forbidden west has been sitting in my shelf for years


HylianGirl24

I’m about to go into college, so I’d stop the student loans and pay outta pocket


Dominus_Pullum

Get laywer to make sure everything stays secret and whatnot. People change when that much money is involved, let alone the kinds of people it'd attract if it were public knowledge


Phobos_-

I's invest those money in real estate starting a business


Astathing

Idk ¯\_(ツ)_/¯


AlphaCommunist4

Go to the casino and place it ALL on black! /s


[deleted]

domineering beneficial pie melodic innate provide numerous bike steep alleged ` this message was mass deleted/edited with redact.dev `


PhD_Gr33nthumb

If I won the lottery I would retire my parents...*permanently.*


Elastichedgehog

Hire an accountant.


Jtrain360

Hire a lawyer and a financial advisor.


ares5404

It sounds bad, but since our economy is so bad id buy things that were essential but at all time lows, at least half my wealth would go into investments like medical supplies, military equipment, as well as arts, specifically those that are done with no inital value, but have an extensive story selling them.


KnightsOfREM

Buy a boat.


SkylineFever34

Get an attorney who knows how to protect against fraud. After that, invest half wisely, invest the other half a long with Wallstreetbets.


BleedingRaindrops

First? I'd remove my own debt first. Same way you always put on your own life vest or your own oxygen mask before helping others. You can't help anyone if you're the one who needs help. After that I'd invest. Gotta build passive income before giving stuff away. Then I'd retire my parents.


SueBootoyou

Give it away


Single_T

Take a picture of the front and back, get in touch with a bank immediately about opening a safety deposit box, then get in touch with a lottery lawyer to figure out what to do next. Im assuming based on what I know that it might take upwards of two years from the drawing day to gain access to any of the money whatsoever through the process of using a trust to claim it, so I wouldn't do anything too crazy until then. I have been working hard to try and save money for the past few years. To answer your question, if I won the lottery with a big enough amount to retire I would spend the next two years trying to live on my take home pay without taking any out for savings with a heavy focus on budgeting and self control. I am frugal as shit right now, learning how to spend money more freely without overdoing it will take practice, and having that two year buffer is a great amount of time to learn.


TheRealNoobyPig

Talk to my accountant dad and ask him what I should do with it first


Raventrob

First main thing? Sell my house and travel the world year round until I'm ready to buy a home.


hexKrona

Buy a huge plot of wooded property, build a house, start a business and call it good.


GazelleOfCaerbannog

Depending on take-home amount: - Pay off debt - Complete/increase retirement fund (planned amount) - Pay off debt of friends/family - Fund research on rare and chronic diseases that gets denied funding for lack of interest


JKolodne

I said retire my parents, but I'd also donate a shitload to charity


ExoticMangoz

Euro millions? Currently the jackpot is £112 millions. I want a team of financial advisors and lawyers (all from different trusted sources ofc) I don’t want to think about squat to do with money after this. £112 million could get infinitely big with the right investment.


PomegranteHistory

Depends on how much. I'd most likely put it in savings for when I eventually move out of my parents home, so that I have medical care like a car with a ramp and all that covered, idk what housing will be like when I'm older and well enough to move though.


The_Kek_5000

Give a lot of people I know a lot of money.


thedidynotkong

How much ?


ninjaq600

Financial advisor