What would you do if you won 1 million dollars after taxes?

[CreepysFan]

 I would put all of it into savings and let the interrest supplement my income.  I don't have many bill's.

[Moonshadow]

This has been a 'what if' question of ours for awhile now. so:
-help out some close family
-move back to California!
-buy a new, bigger house
-open up the comic book store
-finally finish the novel, self-publish if necessary
-travel
-donate to SPCA, Komen, Big Brothers/Big Sisters

[Gillman-Fan]

I'd put it all on black, Baby.

[The Spangler]

 After the tithe, I would concentrate on getting away from the East coast completely, Massachusetts specifically.

[slayergriffith]

I would own at least 1 copy of every horror film every made.Then, buy horror memorabilia. Then spend some money on friend, family, and having a good time.

[Street Worm]

I'd go inside & lock the door~

[long live kong]

Buy a real Tyrannosaurus Rex skull and a bigger mantle piece!

[monsteraholic]

I think a more fitting question would be; What wouldn't you do if you won a cool Million?

[Scatter]

I would put all of it into savings and let the interrest supplement my income.  I don't have many bill's.

We think alike. But of course I would move the hell out of Florida, buy a condo in L.A., and a beautiful Victorian somewhere around Asheville, NC.

Plenty left for charities, learn how to relax.

[Dr.Teufel Geist]

I'd buy out our local movie theatre, and show the movies I wanna see.....

[BaronNightshade]

$1000.000.00 sounds like more than it realy is, spend $500.000.00 on something (like a new house)and half of your windfall is gone.
I would provide for my father, tithe to worthy groups, i doubt i would have much left after that for myself.

[Gillfan]

Take around $60k to pay of my siblings college loans, give some to my Ma, take a vacation or two, and use the remaining $900k to buy an annuity to pay me around $4k a month for the rest of my life.


That's the scenario for $1 million. With $20 million or more I'd go insane, have custom life size monsters and animatronics everywhere.
3 words: Bronze Creature Fountain.

[BaronNightshade]

I hear you Gillfan,with $1000.000.00 you can loose it to easily but say it was $10.000.000.00 after taxes gives you what you need to do for others, make certain your own back is looked after for the rest of your life (barring another Great Depression), and have plenty to pamper your esthetic sense of style.

[Gillfan]

Baron- Nice to meet another of a like mind. The future is a scary thing, and hard to calculate.
In 1960 the average monthly rent on a NY apartment was, are you ready, $100.
Now its hard to find anything below $1500. So in 50 years the price increased 1500%.
Using that model, a NY apartment in 50 years will cost $22500 a month by 2060.
That may sound crazy now, but I'm sure in 1960 people thought it was impossible to conceive of people paying $1500 for an apartment.

Then of course food, and all the other expenses that come with living.

Conservatively, that means if you wanted to retire right now and live off of interest you'd need a minimum of $7,000,000. And that would only fund a very bare bones existence.
Mighty sobering thought.

I actually think within the next few years there are going to be retirement funds, like a 401k, for newborns and kids, because saving early is the only chance for most people.

Now I'm depressed.

[Moonshadow]

Baron- Nice to meet another of a like mind. The future is a scary thing, and hard to calculate.
In 1960 the average monthly rent on a NY apartment was, are you ready, $100.
Now its hard to find anything below $1500. So in 50 years the price increased 1500%.
Using that model, a NY apartment in 50 years will cost $22500 a month by 2060.
That may sound crazy now, but I'm sure in 1960 people thought it was impossible to conceive of people paying $1500 for an apartment.

Then of course food, and all the other expenses that come with living.

Conservatively, that means if you wanted to retire right now and live off of interest you'd need a minimum of $7,000,000. And that would only fund a very bare bones existence.
Mighty sobering thought.

I actually think within the next few years there are going to be retirement funds, like a 401k, for newborns and kids, because saving early is the only chance for most people.

Now I'm depressed.

You're right, that is depressing.

Our only hope is that all the monster collectibles and other junk treasures we've accumulated will also increase in value, and we'll all be able to live off the proceeds of slowly liquidating our collections.

OK, unlikely, but I'm trying prevent us from all going off the deep end here!