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If you won the lottery??

Take the lump sum, as always. I don't have any current debt so I can skip that part. I would buy a house/condo in an area that I would want to be in and buy the things that I want, probably a nice kitchen, but everything else would probably be in your above average house. I'd probably ask the family on ideas for a vacation home or two. I think I would still work, but I would care a lot less and only worry about things I was interested in doing. I'd also buy one nice sports car like a corvette. I would also ask my immediate family if they want anything (like paying off my sisters mortgage, etc.)

I would probably invest about 50% in 3%-5% dividend paying stocks/equities/funds (better return here than interest baring account). And invest the rest in stocks/start up companies geared more towards capital gains. I would honestly probably only keep up to 10k in an actual bank accounts.

I would start an endowment with the Athletics department, College of Business, and MBA.
 
Lump sum.

No quick moves in terms of my current work (I'd be private at first to get all the investments and other things in a row)...then maybe a period of "i don't give a care" at work to share opinions on things that normally are not safe to discuss.

I would have the money set up in a safe investment that could pay me a generous yearly salary and then have a pot of money generating money I could give away...literally, I would spend my time finding ways to give money away (some small deeds here and there...send a check to a family I saw on the news that could benefit, pay for a whole restaurants worth of meals, etc).

AND, set up a trust to ensure ISU could have multiple football uniform options so the discussion can end on CF. :)
 
I guess I'd take the lump sum.

Various things I'd use it for:
give some to my parents as a thanks for the financial support they've provided me
donate some to Wooster, University of Wisconsin law school, and Iowa State
Set up a scholarship for full cost of attendance to Wooster to a student from the DMPS
Set up scholarships that would be for full cost of attendance to any school in the country for underprivileged students from the DMPS
Give some to charity
invest the rest
 
SCNCY said:
Take the lump sum, as always. I don't have any current debt so I can skip that part. I would buy a house/condo in an area that I would want to be in and buy the things that I want, probably a nice kitchen, but everything else would probably be in your above average house. I'd probably ask the family on ideas for a vacation home or two. I think I would still work, but I would care a lot less and only worry about things I was interested in doing. I'd also buy one nice sports car like a corvette. I would also ask my immediate family if they want anything (like paying off my sisters mortgage, etc.)

I would probably invest about 50% in 3%-5% dividend paying stocks/equities/funds (better return here than interest baring account). And invest the rest in stocks/start up companies geared more towards capital gains. I would honestly probably only keep up to 10k in an actual bank accounts.

I would start an endowment with the Athletics department, College of Business, and MBA.
Click to expand...

In addition to my previous post, I would also do similar in terms of buy a couple vacation homes....with the idea being I could lend them to people (family, friends, needy people).

I'd also want to do things like buy maybe 4 courtside seats for basketball and just give them to people that may never get to experience that.

Oh, and have fun with ISU and offer a big sum of money with odd requirements...like a paved parking lot ONLY for folks that donate the minimum to athletics....or not at all....and a big "high dollar" suite area...with the requirement at least 10% of those using them have to be normal people pulled from the cheap seats...not high dollar.
 
Lump sum.

Leave enough money for myself to buy a house in the mountains and a lifetime supply of beer, bourbon, steak, etc.

Donate the rest to various charities as I see fit.

If I have kids I would set aside funds for them to get through college. After that they're on their own. Live your own life kiddos.
 
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100 million huh.

-Close friends will no longer have house/car/student loan payments
-Somebody is going to remedy my wife's sleep disorder and chronic fatigue
-Clone mom's deceased dog in Japan(?) for 50K
-Wife gets a 2nd child (but not a 3rd)
-Fund animal rescue and shelters

Just for the hell of it.....
-Get the mini gun from Predator movie, and T2 and shoot the **** outta stuff with it
-Foot the bill for a Nick Saban-esque FB coach for ISU...or just have Bill Snyder cloned
-Tecmo Bowl USA tour with my crew each summer as we're whooping people nationwide

I'm not big on possessions, so I don't see us moving, or getting new cars. I would like a bigger TV in the man room. Wife can buy me better clothes, and a new Trek bike. Aftwer that, I'm good. I am however NOT doing anymore Pinterest crap or painting.
 
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Drop it like its hot, make it rain, and raise the roof. These are cool things that cost money, correct?
 
Assuming we are talking Powerball or something big like that:

Pay off debts
Probably 1/2 of winning go to ISU athletics with 50% for FB, 25% for BB, 15% for Wrestling and 10% for other sports to split.
Invest/start a couple businesses - if you want money from me you can work for me
Racing equipment - Big shop, big fancy hauler, 6 cars ready to race, etc.
Start a dog rescue for all the dogs being neglected and abused (wife will be in charge of this)

As for charities since the republicans want to screw over Planned Parenthood I would give then a large sum.
 
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4theCYcle said:
This may have been asked before, but what would you spend your money on if you won the lottery?? Would you do the lump sum or take it in payments over time??

I think I'd take the lump sum to allow for initial investment opportunities. First, I'd pay off any debt. Then I'd buy some land, couple businesses, maybe a toy or two, some to charity and then put rest in an interest-bearing account. I'd probably travel 2-3 months out of that first year.

This assuming it's, oh I don't know, 100 million. Hey, we can all dream haha.
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I'd send a dude with a bag stuffed with cash to Emannuel Malou's home and take care of business.

Edit: wait, never mind about that now. I'd buy a house with an in-ground pool, dump the remaining cash into it, and go swimming.

Edit2: wait, I'd send a bunch of it ISU's way also, but with one caveat: it has to go to women's sports. They're the only Cyclones who can win anything, so they deserve the locker rooms with the waterfalls way more than the guys do.
 
-Take care of my debt and buy a house etc.
-take care of parents and brother.
-dedicate certain amount to mom and certain amount to dad (they're divorced) and let them make the decision on what to do with it with extended family
-then I'd like to start an animal hospital where what you pay is based on your income. Just bring in a paystub and we charge a certain percentage of it.
 
-Take a lump sum payout
-Pay off all student loans/debt
-Buy a house
-Pay off any bills that my parents have and buy them a condo/townhouse in Florida closer to my siblings
-Help pantsy start his "sliding scale" vet clinic
-Adopt another dog
-Donate to ISU
-Invest.
 
Lump sum, then spend exactly half of it on a new NEZ with a personal hot tub suite overlooking the field
 
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