if you won lotto???

[phatassphairy]

i was day dreaming about this ....lol...lots today ...what 5 things would you do if you won $500 000 in the lotto?

1.pay to have my house spring cleaned ( i mean empty every piece of furniture, empty every draw, scrub, dust then fill it back up... it is feeling clutery ..lol )($1500)
2 buy a block of land in the bush ($150 000)
3. buy a house on the coast ($300 000)
4. get a large fibre glass tinny ..lol..($20 000)
5. go on what ever holiday i could with what was left.($29 500)

[admin]

hmmmm

pay my exsisting Debts (approx $30k)
Buy some land and have a cute country house ($400K)
New 4wd ($35)
Bank $10k in Blaines trust account ($10k)
A few bits of furniture ($10k)
and a holiday ($15k)

wow, that didnt last long... hehehehehehe

[Lyndall]

Pay off the house, then buy a couple of Acres and build our dream home.

[angie]

Well half a million hey

1.not tell a soul
2.make sure the girls names are included in the syndicate
3.pay off debt and almost all of the house, leave say $10,000 so we always have a credit rating
4.Give the girls a share
5.have a holiday and a general splurge


There will be no money left by this time as you don't pay tax on winnings but you do on income so the minute it starts making interest kiss half off it goodbye to the taxman

Ange

[j@zzii]

like angie i wouldnt tell anyone and i'd continue to go to work :)

i'd pay off my mortgage, give some $$ to my parents (they so deserve it), give some to my brothers and sister in law. the rest i'd bank!

[admin]

There will be no money left by this time as you don't pay tax on winnings but you do on income so the minute it starts making interest kiss half off it goodbye to the taxman


Wouldn't have a chance to make interest Ange, it would be gone as soon as I had it. Would keep it in the lotto trust until it was time to pay out. You have to wait 2 weeks before a payout like that anyway cos part of the deal winning large amounts to receive financial advise / councilling so plent of time to get it all rolling and cash it out :D

[Lynne]

mmmmm......

Well I would check out safe investments and invest a large amount of it. (why pay off a low interest mortgage if you can invest it and earn a larger interest)

Travel to Europe with the kids.

Finish landscaping the back yard including a pool

Take $10,000 and just go shopping.

And if there was enough left over from these four, make a lump sum payment on the mortgage

[*Anthea03*]

Man, Shane and I dream about owning a huge block of land, acres so we can grow vegies and all that jazz, room for the boys to have motorbikes and not piss the neighbours off, room for animals and most of all for him, room for a runway and a plane, so Id say there goes most of it. , LOL

Id love to do something special for mum, she had a really nice trip to NZ with dad the year before he died, so I would love to take her back there, and of course her and I have always talked about going to Italy.

Oh and with the change, Albums for my huge pile of LOs! lol

[Lali]

WOW only $500K well lets see...

Buy a block of land and build and the balance put in trust funds for the girls