What would you do if you won 5 Million dollars?

[ManHater]

5 million is not much but for me it would be good.

So what would you do with that money?

[N192K001]

I'd 1st fulfill all resulting tax-obligations. Then, I'd donate, save, invest, buy, and enjoy.

Assuming the prize is in U. S. dollars (U. S. D.), I'd scatter my earning across jurisdictions, as well as…
• buy citizenships & passports strategically;
• buy land;
• convert the $5mil in normal, everyday-type Federal Reserve Note (F. R. N.) U. S. D. into U. S. Mint-issued Gold & Silver Eagle legal-tender U. S. D. (as well as counterpart gold & silver legal-tender in the other jurisdictions), so there's no capital-gains to be taxed as the normal, everyday-type currency continues to fall and the exchange-rate for the gold & silver legal-tender rises over time;
• donate to organizations fighting poverty & creating jobs in the poorest of places, like Partners Worldwide; and
• give some bonuses to my loved-ones.

Then, I'd keep working in my job here in the U. S. or either get a new job that's more strategic or setup my own business in whatever side of the world works best, so I still have something to do on a daily basis. But, I'd probably be able to enjoy more & nicer vacations (across the U. S., back in the Philippines, and other places) every so often, but not enough as to raise suspicion from others.

[Pasiton5]

Open a center where homeless people can go rest shower get fresh change of clothes a fresh hot meal anytime if day sleep watch tv feel at home with medical dental checkups, and make these wealthy people start sorenson's some of that money off theirs by building very low cost housing across the nation, and make it my business to kick every one of those people out of Washington DC,, ever single elected individual or of there take back this government and country that's what I would do with the money, throughout my life money never motivated me never worried over it was always there when I need it is a shame to have so much wealth in this nation and all these celebrities can brag about how much they make living in 200 million dollar homes and can't give 1 of those millions to help those less fortunate that's sad, they go out by 500 cars hi Broke and want our sympathy really

[VIVANT]

1Surgery (not plastic)
2help out some elderly friends
3set up a mutual aid sanctuary rehabilitation for people& animals
4Get a really nice plush white rug - I don’t like furniture and don’t care much about a bed but I have since childhood, wanted a really really really nice thick soft rug like 30X 30 made without toxic chemicals.
4 move back to France - I’m doing anyhow but it’d be a lot easier to choose a place to live & sons place with balcony & Pool.
5 pay for school, Pursue philosophy & theater bc I wouldn’t have to worry about starving.

... tbh hate to say it but I’d prob become much more of a ‘say yes to anything’ (within ethical bounds) kind of person of I had sizable reliable back up of money.

[DaisyJones]

I would use some of the money to help my brother and sister-in-law out. They don't have much money and the pontoon boat they have now doesn't even have a kitchen, bathroom or sleeping area. That's no way to spend the 4th of July.

Shit, they can't even make margaritas on their boat. They have to bring it pre-mixed before they get on the boat.

Their two dogs love the water but don't even have a proper slide. They have to jump in the old fashion way.

[Leavesbound]

First I would pay the federal income tax on that which I believe would reduce that sum to $3,180,000. Then I would pay off my debts, set up a healthcare fund for myself, buy my brother a new car and give him enough money to get his woodworking business off the ground. Then I would buy a new vehicle, and go house hunting. I would set aside the bulk of the money to go into an income fund. I would do a little traveling as well. I would also get my teeth fixed (missing a couple) and have the extra skin from losing weight surgically removed. I'd probably go back to school and get a degree in history like I always wanted. And finally I would probably go back to dating which I haven't done in a long time.

[Bright_blue_eyes]

I would by 11,000 shares of the stock PFXF. It pays a 4.57% dividend. That means, you would make $228,500 per year in dividend income, and you would never have to work again. You could live the rest of your life making $200K per year and you would never run out of money. True it might be fun to go blow the $5M on fun stuff, but then you'd have to go get a job. Think about how many professional athletes go broke because they blow their cash buying crap. Buy a modest house & a nice car... and just enjoy life without all the stress.

[jamesgoldman]

Convert it into GBP so £3,600,000

Buy this house and get the work done that is needed for £300,000

Buy a couple of good watches and some more jewellery for myself let's say £50,000

Give people around me some great gifts say another £50,000

Carry on with my business by buying that little shop in the bottom of town I'd guess £100,000 given the £4,000 a year rent plus a £50,000 refit and have £300,000 in the bank

I'll send my friend's exotic rental company a Ferrari 488 to run on my behalf so another £250,000

Buy a load of silver and gold for my portfolio so maybe £1,500,000

Put the last million into an annuity and that will pay right around a minimum wage salary for the rest of my life, which I can live well with my other previously listed income streams

[Ms_Vanderquack]

What do you mean that isn’t a lot? 5 million is enough to change a person’s life. but id drop 1m into my retirement just in case I fuck up that badly with the rest. 2m into buying some land and building on it. 1m goes to my uncle for whatever he wants to use it for. And the last million I get to play with.

[hannahjo022]

Pay off my student debt. Build a nice house on the water. Have an inground swimming pool, nice boat, and jet skis. I love being by water! If I have extra money left I would spend it on vacations out of the country. I really want to travel around the world to experience cultures and enjoy the beauty of the country.

[ManHater]

wait... buy a house on the water and have a swimming pool? Why not just swim in the water that you built your house beside? I have a lake front property and I swim in the clean lake and I no one around here is stupid enough to put a pool in...

[hannahjo022]

so? that's your opinion not mine. Good for you if you have a lake front property. Does your parents own it?

[ManHater]

lol nope. I own it girl. I work hard got a trade. No free shit here, no OH POOR ME, NO work, Student Debt...

[Lliam]

Pay off my mortgage (s) and bills, including what I owe my sister - less than $.75 mill. Do a lot of upgrades on my house and property - maybe another $.5 mill.
Make sure that my wife and I are well insured. Then travel with my wife, not being bourgeois extravagant, but not having to spare expenses.

[Dinklex3]

Wouldn't leave me with much, lol.
I'd give 2 million to my parents,
Keep 1 million, and give the other 2 million to my 2 besties.
With my 1 mill I'd prob have to do some research and figure out the best way to invest.
& Obviously keep my job, lol.

[Adam1978]

Sell my house and buy a better one. Then I would invest a large portion, retire from working for others and do my own thing. With that money I would be settled for life. That said I wouldn't really do a thing, since I don't gamble, I can't win. So the message would go into the spam folder.

[CaptainOverthink]

Invest 1 million in stocks.
Buy a good reliable car.
Move out.
Replace my entire wardrobe.
Save away the rest.
Continue the grind, a few millions only get me that far and im young so I still have to work and have a purpose.
When I have a grasp on my career I might invest in my own buissines.

[MotorcycleMan]

You're right, it's just not that much money any more, but yeah, I'll take it.
Would still be enough to get a better house and help out a few friends and family.
I'd also want to set up a small foundation to do some fun charitable work, or possibly help out one that I am already involved in.

[rjroy3]

Take 100k out for fun spending. Put 100k into a trustfund. Then put 4.8 million into real estate properties and life off the monthly returns until I die.

Wouldn't take much real estate till I'm getting 10k checks every month. Considering with my lifestyle I only need 1-1.2k monthly to live anyways. That's pretty fuckin good lol.

[GoodGuyBreakingBad]

Pay off all my funeral expenses in full
Pay off all debts that I owe on my credit report
Donate to local small businesses around me
cause since the pandemic they have been hurting
Example: Our Subway restaurant went out
of business simply cause no money to run it

[FunkyMonkee]

Try to buy my house back and reverted into how it was before I got kicked out. Sue the living fuck out of everyone involved in HAVING me kicked out. Build my own recording studio. Have another pool put back in the yard. Help out a few friends that are in dire need of money, right now. Invest, in the hopes it'll make me a lot richer so I can help a lot more people that REALLY need it.

[Drumlin2001]

Buy a family home (£700k should be sufficient), or some land to build a new home.
Second home near a decent beach. £500k
10 investment properties (£300k each - £3m) or could buy 15 properties at 300k, mortgaging the remaining £1.5m against the rest) (i'd hire a property manager, paid through rental income)
Contingency in bank (£500k)
New car / furniture / electronis etc £100k
Final £200k for holidays, experiences for our family

Would be enough to secure my families future

[HitTheQuanYin]

Save it up across different banks. Use it for my future children's education, or maybe for family needs if the need ever arises. Might invest some too so there's that.

[Rok4bakAR]

Buy an island build a house on it. Divide to 2 parts my part and the rest I’ll invite my friends and families with whatever money they’ve got to build their own properties and keep expanding the island.


On my own side I’ll go to some 3rd world Asian country get 20 hottest 19/20’s years old girls and bring them to my island to do my house work for me in bikinis. 😀

[LogicalGal123]

I would donate some to charity that I work with. Some to pay off my school debt. Some will got my. my immediate family and the rest will go to my little mini me's (my nieces). I rather take care the people who I care and love.

[Uannoyme]

Buy lots of land and move far away from people.

[termanator]

This exactly one with some investing

[ManHater]

Take me with you!

[admles]

First, make sure it is 100% protected from anyone but myself. Use the services of a financial advisor and tax lawers.

3.5 Million into a trust account that generates interest as a passive income.

Buy a house, set it up the way I want it, then invest in some property.

Keep investing until I can live off a passive income.

[Anonymous]

Well, for starters I'd owe about 2 million and change in taxes, so I'd end up with something under 3 million after tax. I'd probably stop my current job search and think about where I'd like to live for the next 5 years and why. In particular what I'd want to do in that location for those 5 years. Then I'd work out where to live there and whether to rent a place or buy. Then I'd put together a detailed budget for the next year and a high-level one for the next four and sort out the move.

[mazharhussainkhan]

Buy a decent laptop, mobile phone, camera, mic, capture card, domain name, and a quiet and small room/apartment. I would use these things to create a YouTube or Twitch channel, and a website. I would invest the rest in some form of business.

[mazharhussainkhan]

And maybe, start my own software company or a good quality school/college.

[virtue2332]

I wouldn't do anything different than I do now. Pay some taxes and put that money to work so I and my kids and future generations don't have to work as hard. Make your money work for you instead of you working for money.

[Anon621]

In all honesty I would buy a house in my dream state and then retire immediately, buy a car but nothing fancy, donate all the money I don't need, then keep probably about 1.5mil for myself so that way I have enough money to still be set for life

[HawkPerception]

-2 mil to my mom
-500k to my brother
-500k to my dad
-500k to invest in my business & side hustles
-500k to my campervan conversion and tiny house

Everything else goes to living expenses, food, travel, recreation, etc.

[hellionthesagereborn]

Buy land, invest in bitcoin, buy gold and silver and focus it on all the things that won't be affected by inflation. Land first, enough to live off of and be self sustaining would be ideal.

[ManHater]

The problem with Bitcoin it's not backed by anything physical. Invest in something tangible. If the world goes to shit Bitcoin won't help you because people would be like... Wow how can I use bitcoin to feed my family when people want either silver, gold or rare earth metals. Say the world goes to shit and people are trading stuff, do you think they would look at you with your bitcoin? Oh wow it says it's worth blah blah blah but in reality you can't turn bitcoin into something real. TRansfer all bit coin money into gold or something you can hold in your hand.

[hellionthesagereborn]

Yeah, but neither is our national currency, the difference is bitcoin doesn't have a federal government with strong ties to the federal reserve driving our currency into obsolecense as fast as humanely possible. Id rather trust a business that has consequences for their currency devaluing then a government that will never be held accountable.

But yes that is an issue which is why I would go with land or solid assets first bitcoin if you can't afford that. Besides, the government hates bitcoin which means they see it as a legitimate threat to their monopoly on currency so I trust it more. You can turn bit coin into something real, gold has no value beyond what we place upon it, same with bitcoin, gold just happens to be grandfathered in and physical. As I said, I would invest in the physical but if I can't get that I would use bitcoin.

[ArztSchlachthof]

Buy a house, a nice car, but extra apartments as an investment and start renting them. Then, start a company, support local schools etc. or invest in scientific research to give me an upper hand when developing new machines and so on.

[ShadezMcgee]

Invest it in promising assets to accumulate growth and then pay off debts, move and build a house in a quiet and rural area and a good chunk of it would go to charities I support causes of.

[douride2]

5 million would do me just fine. I could retire on this amount on $. I would tell my boss to take his job & shove it. Then I would take a much needed holiday. A nice trip would be just what I need about now.

[ForACause]

please you forgot to say shove it "up your ass"

[douride2]

@ForACause Oh yes & add side ways to the shove it up.

[exitseven]

I would by an oceanfront home near where I live and another one in Florida somewhere. Set up a retirement account that would pay me a good monthly allowance and I would spend time between the two places.

[Ninani]

Probably buy a lot and build my dream house, furnish it and then save the rest.

[Anonymous]

I would buy myself a house and finish with my school tuition. Then I would probably gift something to my friends and family then save up the rest rather than using it in one go.

[livin_hi_808]

Get pissed about how much taxes I would have to pay on it and go buy a Honda Accord or a Hyundai Elantra with the rest because that's probably all that would be left

[Starrisunset]

That's a LOT of money lol I'd pay off my car and house. Quit my job. Give money to all of my close relatives, pay off my parent's house, travel and just live off of that money for the rest of my life.

[Xtownsen]

If I won 5million dollars I would pay off my mom house, buy her dream car for her, I would buy myself 5 double houses and charge thousand for rent so if I have people in every double I bought I would bring in 100,000 every year off those 5 properties. Also I would buy myself a pizza shop and a Jaguar F-Type and the rest of the money I would put away for my kids and nieces and nephews so they could go to college.

[sparklerain]

Give one million to my parents
And invest the rest

[cth96190]

I would retire, to devote my remaining time to God, karate and home schooling my grandchildren.
My daughter is a qualified primary and middle-school teacher and I am a qualified secondary teacher.

[IAMNathanael]

I don't know but If I did have 5 million dollars it wouldn't be obvious that I had 5 million dollars.

[bolverk]

$5 million ( £3.6 million) is not a lot these days, £1 million into long term savings account with a Building Society, clear off any debts I have, take a long holiday (probably a round the world cruise), build myself a bungalow,

[TwoowT]

Buy gold with it and keep it safe and hidden for the future

[Anonymous]

Id buy a house, a car and reinvest the money to create generational wealth.

[A_Bell]

Put it in diversified mutual funds and do what I want for the rest of my life.

[Astarlessnightsky]

Probably buy a house/build a house somewhere nice.


and WTF? 5 Million is a crapload of money.

[MrCommodore]

Probably invest 60-70% of it, then adapt my current long-term financial plans based on remaining 40%, and allow for more lavish items.

[TheorionMage]

Well invested in a 'non profit' trust... you COULD comfortably live off just the compounding interest $$$ Cha-Ching! :)

[blank_expression]

I wouldn’t tell anyone sht. I would go live in a mud hut and fade away into oblivion, solitude peace.

[Jossealwaaa]

Buy lots of beer, a few girls to live with me 18-20, a house in a place far from the city, a nice car, keep enough to live well for at least 7 years , the rest send it to my poor family in Latin America

[monkeynutts]

Pay off debt and get a camper van and travel around my state, fish for a year. And buy some land. Maybe start a charity, with a million and use that as a way to do something worthwhile with my life instead of working for others.

[Bee-Hatch]

Swap it for something more stable before its worth even less?

[Talea]

Invest it, so by the time I'm 40 or so I can retire early.

[DaveToo]

$500,000 each to my two children, my nephew, and niece. A donation to my church and my local fire department. A new vehicle and some updates to my home. The rest would go for investments.

[Overmind]

Do what the rich do. Put money aside & live off the interest. Take the rest & invest.

[Agape93]

Send that into an offshore account and leave it until after I move

[TacosRAwesome]

Buy a house with partner.
Help parents and sisters finish their house.
Give some to MILShare rest between me and partner.

[Wise4myage]

Id buy myself a nice piece of property and put a log cabin on it, help out my some of my friends and relatives, and invest a big chunk of it in rental properties. Id also have a nice produce garden.

[Anonymous]

Get a job based on what I enjoy and not how it pays and go to therapy lol

[bananastandbae]

Drop out of school, never work, buy my own house and car and live comfortably forever. Invest the rest.

[cjmtherfcker]

Right now today. Im buying 1mil of BTC. Some land on the river and some farm animals, A hydro electric generator. And woman worth marrying

[Anonymous]

Film a movie or buy a recording company and release my own EP
Also buy a private jet and travel the world

[TheSpaceGnome]

Turn it into 50 billion dollars, then do and have everything
I want.

[Redstang88]

Buy a house, a new truck, a bike, couple rental properties and invest the rest