Money money money. (What would you do if you won the lottery?)

Member Name: StephenPhillips

Product:	What would you do if you won the lottery?
Date:	10/11/09 (88 review reads)
Rating:

Advantages: No more debt.

Disadvantages: May casue problems with friendships.

With the recent TV coverage on the Euro lottery winners scooping 45 million pounds I thought I would drop a few thoughts down on what I would do with that kind of money.

Firstly I would sit down with a cup of tea and let the whole situation sink in. I would then pay off all mine and my family's debts immediately including mortgages. I would then consider if I would work again, I think yes, but only part time and doing something worthwhile. I would then move out of my flat and get a larger property in the countryside away from the city so I could have dogs. The next move would be to invest the money, whether that would be in property or savings I would have to seek advice on at the time.

After all the basics were taken care I would then treat myself. The first thing I would do is buy a hot air balloon and get flying lessons for it. It has always been a dream of mine to fly and this would help me to realise it. Secondly I would give a large donation to my local hospital and make a number of smaller donations to all my local charities. Thirdly, being a boy, I would have to buy a fast fancy car and build a track to race it on in my back garden!

It is difficult to say whether the money would make me happy, it would help, but I think I would get bored of living in excess, I think life is pointless unless you have things to strive and work towards. I think with money I would still have to strive towards a goal but rather than one giving to personal gain it would be for a greater good to benefit others.

Summary: Not really sure how it would affect me.