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Old 03-30-2012, 09:29 PM
AnaKhouri's Avatar
AnaKhouri AnaKhouri is offline
Killer Queen
Join Date: Jun 2007
Posts: 881

Does putting it in IRAs and investing it or putting it in other accounts count as spending? Just curious. If not I have no clue how to spend that amount in 5 years, I'm so used to budgeting I wouldn't have any idea!

Old 03-30-2012, 09:49 PM
Andara Bledin's Avatar
Andara Bledin Andara Bledin is offline
Girl Thursday
Join Date: Mar 2007
Location: Sunny Southern California
Posts: 10,135

Quoth Mytical View Post
Still 31 mil is a lot of money.
Not if the property I'm buying includes, say, my own little tropical island, an airport and a small fleet to get me there and back.

Faith is about what you do. It's about aspiring to be better and nobler and kinder than you are. It's about making sacrifices for the good of others. - Dresden

Old 03-30-2012, 10:01 PM
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Merriweather Merriweather is offline
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Join Date: Dec 2008
Posts: 1,543

My lottery wish list has always been rather mundane - a nice house (but not a mansion), good cars, and lots of travel. then there's my "gift list" for family. The rest of any obscenely large amount of money I've always wanted to use to set up charities. I actually have several in mind).

So to spend most of this on me, in order to keep it would be hard. Maybe it's sorta cheating, but I think after setting aside money for the above house & travel, I'd buy property, then after the conditions expire and everything is mine to do what I want with, I'd sell the property, and start my charities.

Madness takes it's toll....
Please have exact change ready.

Old 04-04-2012, 12:08 AM
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MoonCat MoonCat is offline
I'm not bitter. I'm informed.
Join Date: Jun 2010
Location: Eastern US.
Posts: 7,610

I could do the island thing as long as I could be sure my sisters & the pets were taken care of while I was gone.

For the money, I see a problem: How do you keep this a secret from the IRS? And how can you keep the spending secret when the stuff you buy is going to become obvious?

But assuming those 2 problems are resolved, I would pay off my house, buy an old Victorian house in a neighborhood more in keeping with my interests, and have it remodeled and furnished to my tastes (sticking to the vintage theme though). I would probably spend the bulk of the money on investments that would guarantee me an income so I could quit my job. Anything not spend on me would be spent on certain charities and on my sisters.
When you start at zero, everything's progress.
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