What would you do if you won the Lottery? Most of us have previous commitments... mortgage, car payments, and other bills. But what would you do first? I don't know what we would do, but it probably would involve our family since good things are best shared!
Wednesday, October 14, 2009
What Would You Do First?
I saw in the paper that Arkansas has its first big winner in the state's new scratch-off Lottery. Joe Pierce of Van Buren won $100,000 with the ticket he bought Sunday at the convienence store where he's only worked a couple of months. It's kind of funny, he bought one ticket for $5 and when he scratched that off it was a $5 winner. He then spent that $5 on another ticket that was worth $100,000! After taxes that will be $75,000 in his pocket. He's going to use the money to buy a house and car. No doubt it couldn't have come at a better time, he and his wife added a new baby daughter to their family just this week!
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After taxes, I'd divide it among me and my three kids. If it was a really HUGE win, I'd hire a CPA to advise me and keep my identy a secret!
ReplyDeleteHard to say, but it surely would be nice to get rid of the mortgage before we retire.
ReplyDeleteoh i love happy stories, everything happens for a reason~
ReplyDeleteif i won 100 grand i would take care of my unemployed sister...
So far I have lost money on the lottery but I'm so glad Arkansas is finally doing this! I would love to be able to pay off the mortgage.
ReplyDeleteI would take care of any debt we have left, put a chunk away for the future..then help my kids..then, oh I wish I had enough to help the whole world! I would..but that will never be..come say hi :D
ReplyDeleteClearly I have this all set up IF this should occur, ever ... even on smaller amounts we win we do this.
ReplyDelete1/3 goes to Children's Hospital, St. Judes Hospital & Shriners Hospital
1/3 goes to our church to pay the mortgage for rebuilding after the fire
1/3 we would keep
... and it would & is in that exact order. I am very involved in charitable things for children & make it clear my goal in life & death is to put a smile on a child's face.
Have a beautiful day. TY for asking.
TTFN ~Marydon
I don't play but if I DID & won a lottery I would pay off all my kids homes and cars and pay TITHES TO MY CHURCH .Anything left I might remodel my house to one floor. LOL
ReplyDeleteThey actually take more like 40% which is So rude but hey the rest is free money.
ReplyDeleteI am with you 10% tithing and the rest to family things. It IS best shared!!
Hello Joycee, I see that you are following my blog and so I hopped on over to visit your blog and became a follower of you too! I LOVE your header picture, it is sooo beautiful! I've been enjoying looking through your blog and all of your photos and look forward to visiting again.
ReplyDeleteIf I won the lottery, we would probably pay off the truck and some bills and then give a chunk to each of our kids to put down on a house of their own. If I were to spend some on myself....it would be for new camera lenses and equipment.....oh that would be so cool!!! :)
(1) pay off all the mortgage.
ReplyDelete(2) make some donations.
(3) keep some in the bank(reserve for other emergency usage).
(4) give my parents a good treat(travelling trip).
Oh my, sounds like I won the lottery...ha ha ha!