After winning a lottery, your first line of business after jumping up and down like an idiot is to contact a lawyer asap. A good one. Dont reveal your name and only work through the power of attorney.
I would then diversify my money through multiple banks and live off the interest only. Set up trust funds but never telling the kids of them until they become adults. Treat your life just as you did previously and keep yourself busy. Idle hands lead to ugly work.
Most of my donations would be done anonymously. I would like to do things spontaneously to people I find deserve it.
I also wouldnt quit my job because I like it so much.
After winning a lottery, your first line of business after jumping up and down like an idiot is to contact a lawyer asap. A good one. Don’t reveal your name and only work through the power of attorney.
I would then diversify my money through multiple banks and live off the interest only. Set up trust funds but never telling the kids of them until they become adults. Treat your life just as you did previously and keep yourself busy. Idle hands lead to ugly work.
Most of my donations would be done anonymously. I would like to do things spontaneously to people I find deserve it.
I also wouldn’t quit my job because I like it so much.
And, I believe you would do as you describe.
Too bad this poor fellow couldn’t possess some of your intelligence!
When people are raised as poor as Jack has described, they just aren’t able to handle large sums of money.
Unfortunately I have one grand son, and his father is destroying him by buying him expensive, everything. I have begged my daughter to put a stop to it , she says she has no control over my son in law. I have explained, at age 63 I have witnessed many children destroyed by this extravagance
spent on children.
He is 15 and, a very bright child. In school he seldom get anything lower then A’s in his studies.
His dad says, he didn’t have anything while growing up with an alcoholic father and, his child wouldn’t have to live like he did.
Great post!!!
You do have to reveal your name though. I believe it is the law...JFK
I’m with you on all but the last point. As soon as it was confirmed that that chunk of change was mine, working for a living would become a thing of the past with me. And I’d never look back.
Man, what it would be like to be in that position.