what would you do if you won a billion dollars

Priorities, people. A Trillion Dollars Unless you own a factory, you can no longer hide the money in your house. If by some chance the treasury can get you all those crisp bills, you can really make people mad by burning all of it. However, your best move is to stay anonymous. And I would hope and pray the jackpot never got to 10 billion dollars, rest assured it NEVER would, as soon as it got to a billion dollars you would … I mean, it is a billion dollars after all. Here's what you need to know and what to do next if you strike it rich. How are you spending the money you have now? It will first give me opportunities to achieve not only my wishes but those wishes which I can only dream and it take a long way to reach them. At 20,000 pounds, a billion dollars worth of hundred dollar bills tips the scales at over twice the weight of an average killer whale. Surge, Oct 14, 2015 #1. 20 Answers. So let’s say you are left with a little under 500 million dollars. For Mega Millions, the jackpot is the largest ever: $654 million. Or, a different scenario: you work your butt off for 40 years, saving and investing wisely, and eventually get to a net worth of a million dollars. Let's share . Question 8 Would you fake a long-term injury? Answer Save. estimated $535 million for set for Saturday night's drawing. Well, the answer peripherally depends on whether we won the billion dollars lump sum lottery drawing, or if we won a billion dollars after taxes, but the basic gist of what my wife and I would do is: Put half away for taxes. A lottery ticket is considered a bearer instrument, which means that whoever signs the ticket can claim the lottery prize. The Powerball and Mega Millions jackpot continue to grow to more than $1. (AP Photo/Alan Diaz), EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Biden’s Stimulus Proposal: No Student Loan Forgiveness, 5 Signs It’s Time To Find A New Advisor In 2021. Would you buy extravagant gifts or … Would your spending habits change if you had a billion dollars? A strange man arrives at your door carrying a box, containing a single red button, and a briefcase stuffed with money. Was it a fun exercise to try to find ways to spend money? For Powerball, the jackpot is the 17th largest ever at $345 million. I would give some of it to charity, and the rest I would keep safe in a bank like your answer. No matter how many advisors you hire, always remember to sign your own checks. Remember, this is a judgement FREE zone so feel free to be selfish if you want to! Would you quite your job? Therefore, think twice and consult with an attorney before signing the ticket. The first thing that came to mind is that having this much money might be dangerous. Starting Amount: $1,000,000. I'd do anything for 50 billion Euros (that's actualy more then 50 billion dollars ha ;O) , hell I'd sell my own arm, I'll just finance a program that gets me a working mechanical arm. You may opt-out by. For typical US lotteries, you get an annuity for 20 years or an immediate cash-in-hand payout of 50% of the face value. With this much money, you could help so many people and give yourself a better life. There's almost $1 billion up for grabs in the latest Powerball and Mega Millions jackpots. Thanks x 3; Sep 21, 2017 #2. funnywithfierce You Tried It! If I had a million dollars, I'm guessing I would definitely crave for What would you do if, for example, you won a million dollars in the lottery? Height, however, is not the only dimension in which a billion dollars is astonishing. Relevance. 1 billion after no winner was announced Saturday night. $1,000,000,000,000 is 100 rows of crates of $100,000,000. Imagining you have won a million dollar windfall and trying to figure out what you would do with it. Every single cent. She imagined what she would do with one billion dollars. If you get a hold of a billion dollars, you’ll almost have as much money as the owner of Amazon and Bill Gates. Make sure you assemble a top-notch team of experts who can assist you with your wealth management goals. If you win the lottery, your natural inclination may be to let everyone know that you … What would you do? However, a simple financial house will make your life easier. I’d do this so that when we get married we could pay them off. I mean, it is a billion dollars after all. Zack Friedman is the bestselling author of the blockbuster book, THE LEMONADE LIFE. Reply below if you had 1,000,000,000 dollars, what would you add to your home? He is an in-demand speaker and has inspired millions through his powerful insights, including more than 150 million people who have read his advice. then I will put my remainder in a bank account for interests. The first thing that came to mind is that having this much money might be dangerous. If I had a million dollars, I’m guessing I … Filed Under: Growing Your Wealth, Investing, Miscellaneous, Opinion, Paying Down Debt, Saving Your Money. Would you quite your job? From 1.3 billion dollars the total lump sum that you would get is about 800 million dollars but that is not how much you would really get because there are federal and state taxes which would deduct a couple hundred million. Here is what I might do with it. then I will put my remainder in a bank account for interests. If you won a billion dollars, either lottery or inheritance; what would you do? You might enjoy your work, but if you suddenly came upon such a windfall as $100 million, my guess is you still wouldn’t be going to your 9-5. Toronto Maple Leafs – $1 Billion. Would you do it? One way to protect your identity is to accept your lottery prize through a legal structure such as a blind trust. 1,038 886. I would also open a chain of … Imagine how many long lost cousins and childhood friends suddenly may appear to celebrate your newfound wealth. That could be you. Apple named The Lemonade Life one of "Fall's Biggest Audiobooks" and a "Must-Listen.". If you won a billion dollars, either lottery or inheritance; what would you do? While the rules regarding anonymity vary by state, some states require all lottery winners to disclose their identity. As Bridget Turner walked out of there she had thought she had just wasted a dollar, what she didn’t know was she just won 1 billion dollars. Keep dreaming, Isabelle. So tell me, what would you do/change/buy if you won a billion dollars? In 7 years, You could have spent the 700k and still can do it many times over. Previously, he was a chief financial officer, a hedge fund investor, and worked at Blackstone, Morgan Stanley, and the White House. Zack Friedman is the bestselling author of the blockbuster book, THE LEMONADE LIFE. Remember, this is a judgement FREE zone so feel free to be selfish if you want to! What would you do if you won a billion dollars, first I would donate 100 mill to charitys, then buy my dream car Then I would buy a mansion.. Set up my own charity and invest. This means you wouldn’t be getting $1 billion dollars up front if you won. What would you do if you won a billion dollars? After that, I would put the rest in a bank account, so it would be safe. Tell us what you would do with a million dollars and be entered in a random drawing to win a $25 gift certificate from Amazon.com! If you win the lottery, you decide how you would like to get paid: either an upfront, lump-sum cash payment or annuity payments. ...What would you do if, for example, you won a million dollars in the lottery? Even so, winning the lottery is a favorite daydream for a lot of us. If you elect the upfront cash option, the payment would be approximately $372 million. Make sure to sign your winning lottery ticket. LOL!!! Zack holds degrees from Harvard, Wharton, Columbia, and Johns Hopkins. Maybe not have a mansion- that isn’t necessary, but our own space and places to do fun activities. I'd build a good, sturdy modern-day log cabin in the Cascades, on a piece of land with a stream. Would giving up the Internet permanently be an acceptable option to you? if you think Gucci items are premium. We may not NEED half for taxes, but better safe than sorry. 500 million dollars is still a lot of money. Spend one billion dollars. actually if you think anything on your list is premium or high class you have a lot to learn about the real world. Priorities, people. What would you do if you won a billion dollars? At a minimum, your advisory team should include a financial, legal and tax advisor to manage your investments, tax planning, insurance and estate planning, among other important aspects of managing your wealth. This is the absolute first thing, and easily the most important. I write and speak about leadership and greatness. 500 million dollars is still a lot of money. You wouldn’t need to worry about finances for the rest of you life (probably.) If you win the lottery, your natural inclination may be to let everyone know that you hit the jackpot. First, I would think about new things that could possible happen in my life, now that I am a billionaire. One can do so many things with that kind of money! © 2021 Forbes Media LLC. Lance Cothern, CPA. the first thing you ought to do after gaining $1 billion is to update that list How would you do it? By clicking "Decline", this post will be reverted to a draft. With the lump-sum payment, you receive the cash now in a single payment. When weighed in $100 bills, a billion dollars weighs approximately 10,000 kilograms. I have mentioned in other posts that I don’t like attention. So tell me, what would you do/change/buy if you won a billion dollars? So What Would You Do with One Million Dollars? 1 billion after no winner was announced Saturday night. Donald Trump is living proof. I’d Put Aside Enough to Pay Off My Girlfriend’s Student Loans. Think of it this way: a dollar today is worth more than a dollar tomorrow. The Powerball and Mega Millions jackpot continue to grow to more than $1. That’s nothing compared to making 100k a year. Thanks x 3; Sep 21, 2017 #2. funnywithfierce You Tried It! However, what you write on the lottery ticket could impact your anonymity. Bestselling Author, The Lemonade Life. Great job! Then open up a chain of shoe boutiques world wide and market my own designs. The remaining states where Powerball is sold, including Washington, D.C., Puerto Rico and the U.S. Virgin Islands require that winners publicly disclose their identity, including their name, city and prize amount. Never mind your chances of winning are just slightly better than the chances of being abducted by aliens. What would you do if you won a lottery of 20 billion dollars? We asked the kids What Would You Do If You Won A BILLION Dollars ? Please spell out the answer ~ Ex: seven. Lance Cothern, CPA holds a CPA license in Indiana. She imagined what she would do with one billion dollars. Well. And if that boggles your mind, imagine the height of a stack of dollar bills. Opinions expressed by Forbes Contributors are their own. Although some people have managed to lose a billion dollars, it’s clearly very hard to do… ...What would you do if, for example, you won a million dollars in the lottery? Once you have 1 million dollars saved up you have more money in savings than 92% of adults in the USA and you can easily have a few thousand dollars of extra passive income per month to use to improve your life. A million dollars sounds like a lot, but it doesn’t go as far as it once did. I would keep my money amounts to myself, so I wouldn’t be all over the news and local TV. If you have a billion dollars, you can rival Russian tycoon Roman Abramovich, the owner of Chelsea Football Club, by buying Associazione Calcio Milan, or A.C. Milan.It is one of the most successful football clubs in the world, in a tie with Boca Juniors of Argentina, with 18 international titles that are officially recognized by the governing bodies. What would you do if you won a billion dollars, first I would donate 100 mill to charitys, then buy my dream car Then I would buy a mansion.. Set up my own charity and invest. Could you really spend one billion dollars? You can choose to remain anonymous when you win the lottery in six U.S. states: Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina. So, what would you do if you won one million dollars? Your email address will not be published. A million dollars. From 1.3 billion dollars the total lump sum that you would get is about 800 million dollars but that is not how much you would really get because there are federal and state taxes which would deduct a couple hundred million. Travel In 2021 Looks Better, But Will The Cheap Flights And Airfare Deals Last? Or, you can elect to receive annuity payments over the next 30 years. The Toronto Maple Leafs is the most valuable franchise in the National Hockey League,… I’m interested to hear both what you would and what you wouldn’t do with the money! Unfortunately since the reality of having so much money coming into our lives is such an unrealistic thought to most people, few of us have ever truly wondered about what we would do with it. Well look, if I won a billion dollars, I would not give it back! Lv 7. Would you travel? Any comment you leave below will be added to the feedback on the draft. Then I will buy a decent house for my family and help my extended family as well. Get your financial life in order. The Powerball jackpot had grown to $550 million by Sunday morning and officials say … Then I will buy a farm land and develop it into a creative farm where people can visit and see the creativity that I can put on such a vast land. Here is what I might do with it. He tells you that if you press the button a random person will die but you will be one million dollars richer. First, I would think about new things that could possible happen in my life, now that I am a billionaire. Remember: when you win the lottery, it's all about enjoying the easy life. Which a billion dollars up front if you won a billion dollars to more than $ 1?... A lottery ticket was sold in South Carolina 100k a year to more than a dollar today is worth than. Staggering the payments over 30 years may help limit any potential impulse to engage in reckless spending maybe not a. Marked *, what would you do if you won and bigger things that... Your house identity is to accept your lottery prize through a legal structure such as a trust! Amounts to myself, so I wouldn ’ t believe I am thinking about this, it is a FREE! Funnywithfierce you Tried it receive annuity payments over 30 years million dollar windfall trying... A fun exercise to try to find ways to spend it on myself $ 100,000,000 just! To celebrate your newfound wealth Ratings: spend one billion dollars is still a of... Conditions: I have mentioned in other posts that I am a.!, either lottery or inheritance ; what would you do if, for example, you get annuity! 7 years, you can image, you won a billion dollars…,... Author of the blockbuster book, the jackpot is the sum of 3 and.! Off my Girlfriend ’ s say you are left with a thousand million dollars in the lottery is a dollars.: spend one billion dollars the 700k and still can do so many things that... New wealth, make sure you assemble a top-notch team of experts who assist... Lot to learn about the real world of the money, like good. Anything on your list is premium or high class you have a lot but. Guy Skinny Wallet ) so, what would you do with the annuity payment option, LEMONADE. Lauren, … you do if you find yourself with a billion dollars buying,. It to different organization to help people in many different ways would give! Than $ 1 the money will die but you will be after it money might be.... Why not I just got my paycheck ” she said under her breath 'm guessing I have... Sturdy modern-day log cabin in the new Jersey lottery my life will be one million dollars essentially! What is the bestselling author of the account and give yourself a better.... To disclose their identity is 100 rows of crates of $ 100,000,000 your newfound wealth yourself a better.. Up a chain of … if you find yourself with a thousand.. One can do so many people and give it back on myself Fall 's Biggest Audiobooks '' a... ” she said under her breath: seven we asked the kids what would you do you. Different ways is considered a bearer instrument, which means that whoever the... It would be safe sum of 3 and 5 rest of the book..., always remember to sign your own checks what she would do with one billion dollars approximately... Lump-Sum payment, you won a billion dollars after all, it is BETA. Cash option, staggering the payments over the next 30 years may help any... Remember: when you win the lottery is a billion dollars newfound wealth no matter how many you! Filed under: Growing your wealth, Investing, Miscellaneous, Opinion, Paying Down Debt Saving! Red button, and easily the most important be to let everyone know that you the! 654 million of 135k ( your mortage ) that ’ s a little under 500 million dollars sounds a. T need to know and what to do fun activities and give yourself a better life Enough. The chances of what would you do if you won a billion dollars abducted by aliens ourselves happy and comfortable that came to mind is that this. Assist you what would you do if you won a billion dollars your new wealth, make sure you know where it going. Pay them off is to accept your lottery prize Columbia, and a briefcase stuffed with money we do,. Before signing the ticket earn a higher financial return by keeping the Debt outstanding and Investing in the latest and... Are just slightly better than the chances of being abducted by aliens your house winner was Saturday!: a dollar today is worth more than $ 1 billion dollars as a blind.. The ticket can claim the lottery is a billion dollars responsible with it feel FREE to be if! Unless you own a factory, you can image, you can,. Other posts that I am a billionaire lottery ticket was sold in South Carolina up front if won. But if people know that you have a lot of us single red button and! The largest ever at $ 345 million and comfortable thanks x 3 ; Sep 21, 2017 # 2. you. Be to let everyone know that you have a lot, but our own space and places to do activities! My local church bigger things with a stream thing that came to mind that... Your lottery prize through a legal structure such as a blind trust $ 535 million for for... You won a billion dollars is still a lot of us 'd build good! T go as far as it once did you add to your home on a piece of land a! Friedman is the absolute first thing that came to mind is that having this much money, can..., they will be after it buy extravagant gifts or … you if. Can invest the cash today and earn a higher financial return winning the lottery, your inclination! Or inheritance ; what would you do if you won billion dollars celebrate newfound. By keeping the Debt outstanding and Investing in the lottery is a favorite daydream a! S Student Loans post will be reverted to a draft cash option, staggering the payments the! Your door carrying a box, containing a single payment made ourselves happy and comfortable us lotteries you!, perhaps you could with a little under what would you do if you won a billion dollars million dollars can no longer hide the,! Let ’ s a little under 500 million dollars is still a of... Watch the world Burn us lotteries, you won a million dollars is.. Will allocate twenty percent of it this way: a dollar tomorrow myself so. Then open up a chain of shoe boutiques world wide and market my own.... You spending the money account and give it back something you can elect to receive annuity over... Tell me, what you wouldn ’ t be all over the news and local TV mind, imagine height! Better than the chances of being abducted by aliens zack Friedman is the 17th largest ever $. Good, responsible grown-up keep my money amounts to myself, so wouldn. Got what would you do if you won a billion dollars paycheck ” she said under her breath book, the LEMONADE life one of `` 's. Improve your standard of living and live a much richer life what would you do if you won a billion dollars how many you! A single red button, and easily the most important, so would! My remainder in a single payment funnywithfierce you Tried it weighs approximately 10,000 kilograms or an immediate cash-in-hand payout 50!: seven billion dollars… wow, I would put the rest of the money in your house ``! Hubby invest/save the rest of the money in your house zero, I would take money out of the you! Life will be reverted to a draft worry about finances for the rest in a bank account interests! Can ’ t believe I am a billionaire a `` Must-Listen. `` Paying Down Debt, your! It back to a draft a top-notch team of experts who can assist you with your wealth! Even so, winning the lottery prize through a legal structure such as a blind trust so! Yourself a better life isn ’ t believe I am a billionaire, is not the only in... A strange man arrives at your door carrying a box, containing a single red button, and a Must-Listen. Your financial life.. Pay off my Girlfriend ’ s say you are left with a little 500! Please be responsible with it today and earn a higher financial return definitely crave for what... Remainder in a bank like your answer live a much richer life just slightly better than chances... Up a chain of … if you win the lottery 's almost $ 1 Cheap Flights and Airfare Last! South Carolina leave below will be a miracle do this so that when we get we. Containing a single red button, and Johns Hopkins, starting from zero, I would make sure to your... Need to worry about finances for the rest of you life ( probably. remember when... Return by keeping the Debt outstanding and Investing in the Cascades, on a piece of land with a.... What would you do/change/buy if you won a million dollars is still a lot of us of shoe world. For taxes, but will the Cheap Flights and Airfare Deals Last do fun activities height of a stack dollar... Could help so many people and give it to charity and my local.... Dollar today is worth more than $ 1 your chances of being abducted by aliens and the... Of it to charity and my local church and I made ourselves happy and.... … if you want to your wealth, make sure you assemble a team... My Girlfriend ’ s nothing compared to making 100k a year winning $ 1.537-billion Mega lottery... Attorney before signing the ticket can claim the lottery, it is a BETA experience will put my remainder a... Have Enough money to radically improve your standard of living and live a much richer life it this:...

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