Oh yeah, this is a tasty one! OK...
So I'm going to assume you mean a decent sum...Let's say 5 million Australian dollars ok?
First off I would hook up my camper trailer and take off to some remote place to have a think. Then come back and pay off my debt, my mortgage which isn't too much actually. I'd give my brothers and sister a decent sum, enough to pay off their houses plus a little extra, and make their lives a little easier now and for their children.
I'd then spend a year travelling Australia, I mean just getting off the grid camping and seeing all the places this big land has to offer. It would give me time to think things through, to put a gap between my working life and the rest of my life because I would never work again.
Assuming I used $1 million doing the above that would leave $4 million...That's $160,000 per year over 25 years without it earning any interest...At 50 years old it's enough for me to do whatever I would like and so I'd travel the world, learning about history, people and the places I've always wanted to learn about. I'd read a lot more, and engage with the people who helped to feed my desire for knowledge. I'd also help others grow and develop for themselves, mentor, which I do now anyway.
I'd not be into growing the money really. I have no children and my niece and nephew get everything when I'm gone. I'm a simple man and Faith is the same...We value experiences and money like this would give us the ability to engage in them. So I'd invest it and live of it and the investment return then give what's left to my family when I'm gone.
This may all sound about self-oriented, but I've had adversity in my life, so has Faith, and due to our ages well...I'd rather live a little. Helping my family out a bit would be my charitable work and would make me feel good because I know they deserve it. Helping my family is what I'm all about, and of course, living my best life and engaging with what's important to Faith and I.
Oh, I'd also make sure to have some kick-ass hive-people meet-ups wherever I went around the world! :)
And how about you? What would you do?
!ENGAGE 25
Wow I really loved your answer as I share it a lot with you!! I must say that I've dreamed about winning the lotto hahahaha. I am currently not working as I am 57 years old and I retired from work. So the first thing I would do is move to Aruba, I love that island and I love the beach! That is actually my plan to spend my golden years hahaha! I'll buy a house huge enough to live with my family so that they can enjoy the magic of Aruba! I'll also pay my youngest daughter's tuition for med school in the US as I think that is one of the best countries to study medicine! I'll also give a good sum of money to my daugthers and family so that they don't have to worry about money never again!!! I am also a shopaholic so I must be honest with you and say that I would buy clothes and so for sure hahahaha. Another thing I'll do, before I leave to Aruba or while I am there, is to donate a good amount of money to venezuelan charities that fight hunger, especially of children's and also to the children's hospital of Caracas (JM de los Ríos) as my daughter and I have visited there and it's no secret that there is a huge shortage of medical supplies and medicines! Maybe that way I could make my country a better place!
Best regards!!
This all sounds like a perfectly good use of hypothetical lottery winnings and it would surely make for an excellent life.
You mention charities...Here, mostly only 10 cents in every donated dollar reaches the people who need it and so I'm not inclined to donate to charities that use the funds to but Mercedes Benz for the CEO and BMW's for the managers. Having said that, I'm a pretty solid supporter of businesses and initiatives that support returned military veterans, a group that my government don't support very well. There's many ways to be charitable.
Wow that's awful, well I know what you are talking about, I live in a very corrupted country it really makes me super mad! The worst thing is that they take the money shamelessly it's outrageous!
Oh yes, I have read about the veterans, they are not supported and that it's horrible, they are left out after fighting for the country... We must find the right charities to support, that's right!!
That's the key, finding the right charities, or businesses to support, to ensure the funds get to where they are needed.
We have always said if we had things to spare we would help others, and we do the good will and offer material things to friends. Even the cardboard sign holding beggars on the corner want only money.
Galen nails it here with the charities. They would have to have a 99% pass thru before I would give cash. That just does not happen. :-/
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People can be charitable in other ways. That's what we do, rather than fund Mercedes Benz's for the CEO.
There's so much good work that could be done and yet so many charities make a mockery of people. Shameful.
That sounds like a good way of using lottery money. But, you said you have no children! So, you were kidding about a previous question, the kid on your shoulder?
That's @smallsteps, my niece...@tarazkp's daughter. The live in Finland, I live in Australia but was in Finland on holiday. I miss her.
Oh, I see. Thanks. My father had told me about tarazkp and his daughter. He said it was a fun account/journal-like. I'll check it out.
PS. I did. pity "she" has not posted anything since march. It reads so funny 🤣 🤣. I guess the closing of steemit was too traumatic. It's a good thing that al those posts remain. My father (@hlezama) told me about it and when he made sure that things would actually be better here he persuaded me to start hiving.
Oh I didn't know hlezama was your dad...He seems like a nice chap and I like him a lot. He interacts with me from time to time.
Thanks. He told me about your blog, how fun and crazy it was