What Would You Do if You Won The Lottery?

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Brian Manzella

Administrator
The largest take home, lump sum payment in a lottery in the USA is $93 million.

Since we are dreaming, let's say you won, and the take home was $100 million.

What would you do with the money?

One of the things that IRK me, is I have never heard of anyone who won, doing anything good with the money.

So, WHAT WOULD YOU DO....
 
I'd probably move to Hawaii.

Probably by a Trackman. And a SAM Puttlab. And my indoor hitting 'bay' like the ones you see at PGA Tour Superstore for the rainy days. I'd pay off my parents' mortgage, let my dad choose from a selection of Corvettes to pick from (he's always wanted a 'Vette), then get my mom a fur coat. Pay for the college education for both of my neices and a cousin of mine to hopefully get his life back on track. Start a college fund in my name for junior golfers in my hometown (Syracuse). Build a junior program in my hometown that would pay for certain golfers to get better lessons and to take them to AJGA events. Build a rec center for kids from my hometown as a place they can go to after school and stay out of trouble. Go back to my alma mater (Coastal Carolina) and pump some money into their PGM program so they can 'do it right.' Spend a summer living in Manhattan, getting Yankees season tickets...always wanted to do that.

I'd actually live a somewhat modest lifestyle if I won that much. Probably a home worth no more than $1 million (which is still a lot of money, but if you take home $100 million, it ain't much). I couldn't bare the thought of somehow losing all that money and spending too much money makes me feel like a schmuck.

I have heard of people doing good things with the money (at least good, IMO). TLC has a show on some lottery winners and a few of the winners have donated a ton of the money to charities. One man pretty much donates EVERYTHING he won to some sort of charity. Pretty impressive. On a bit of a side note, some friends I grew up with, their uncle won the first ever NY state lottery. Of course, he went dead broke later on.




3JACK
 
Buy my dream home on some fairway on some golf course(some place far from snow). Go to a ton of Red Sox/Steeler games. Offer a price even BM can't refuse to become my personal teacher. Setup an income stream for my family members so they ain't pissin away the principle. Setup a homeless shelter and give back.

Invest about 10 mill in an index fund so I can do it all again in 20 years!
 

vandal

New
I would become a major sponsor of the local junior golf program and create a practice facility and nine-hole course that is accessable to all golfers, such as seniors and those with physical and mental disabilities. I'd also take care of my family needs, of course.
 
Make myself and my family financially secure. Finance 3 more years of professional golf for myself. Donate some to the schools that educated me. Stow away some for a rainy day. Donate the rest to the church and charities.

There's no point in becoming lazy with money. I'd still want to work for my living.
 

d0n

New
Once I was financially secure for the future (I'm thinking $5-7m tucked away in smart investments) I'd go on a shopping spree with 2-3 million and get the urge out of my system.

Then I'd like to use the rest to help disabled and returning vets. As a veteran (though I never served in a war) I don't think regular civilian people understand how hard it is for veterans to transition back to civilian life. Especially for those traumatized and/or physically damaged by war. Very few organizations put a lot of stock in military personnel and even less in those who are wounded. 4+ years of leading soldiers on the battle field means very little to the business world so imagine what kind of stock a regular solider gets. I'd like to try and change this or make it a little bit easier for a former solider to become a civilian...
 

Jim Kobylinski

Super Moderator
I would keep enough of it to provide myself with a sustainable income stream for myself, my family, and my future family (children, nieces/nephews, etc).

After that i would use the rest of it and become some kind of humanitarian working in the US trying to use the money to solve problems that our Gov't should be doing. Probably start by focusing on getting everyone health care and getting senior citizens out of poverty and move on from there to better funding for schools of all levels etc.

Personally i wouldn't need more than say 500-600k a year to live on which is excessive but i figure if i plan to do good things with the rest of the money i could treat myself a bit. BTW this is something i have always said if i ever became a professional at a sport, won the lottery, became a multi-millionare through business etc. Depending on how wealthy i becamse i would figure out what i needed to live comfortable, how much to put away for family and future and do things with the remainder to help out the good ole' USA
 

Jared Willerson

Super Moderator
-Set up my family to be financially secure
-Donate some to my church and other charities
-Set up an endowment fund to pay classroom teachers more in my area based strictly on merit (I'm not talking about chump change bonuses either) also set up an endowment to get coaching supplements for HS coaches in my area higher (again no chump change, those guys and girls spend a lot of time away from their families)
-Play a lot more and get a few more lessons from Brian
-Run for city council, school board, serve on the library board, local hospital board or any other thing that will use my time, but also serve the community.
-Play a couple of amateur tournaments a month.
 
1. Tell nobody.
2. Invest 30% in Real Estates. i.e. Buy a few warehouses and rent it out.
3. Invest 30% in long term stocks.
4. 30 % cash in different banks.
5. 10 % spend on whatever i want.
 
'I would sit on my azz and do nothing'

Not really.

I would give most of it away to my family/extended family/church etc.

I would quit my job and and begin spending a whole lot more time getting lessons from the Italian Stallion. I would probably play golf everyday in between taking the kids to school and picking them up.

May even try the Senior tour if I ever got good enough.
 

Kevin Shields

Super Moderator
Golfwise I would: Buy a Trackman, join a local club and map out 3 years of travel finances to get my game in shape for one more try.
Put Manzella on permanent retainer ($150K a year)

Take a lump, whatever it would be, to make sure my kids would be fine.

Give a million each to my extended family.

Pay off all the bills of my closest friends.

Become very active in certain charities like toys for tots, make a wish, special olympics, etc.

Sounds fun.
 

Ryan Smither

Super Moderator
Kids/ Family will get the Warren Buffett treatment -- enough money to do their thing (what they want to do) but not so much that they won't have to do anything or that the money is a burden.

Buy my own personal range to hit balls every morning.

Courtside UL basketball tickets.

Fund my own run for the US Senate (a little later in life).

Start a private school in Louisville similar to Andre Agassi's.

Fund the renovation of Crescent Hill GC (Tom Doak).

Invest 20 million.

The rest goes to feeding the world's poor.
 
Put enough away to make sure my family and the next generation are taken care of. Get involved in local politics (without any form or remuneration) and try and make a difference. Give a lot away to charity and friends. All this after selfiously taking a break, bring my Brian to our home to give my wife and myself private lessons, new clubs. taking 2 foursomes to Scotland for an extended vacation.

Then I would probably wake up and be greatly dissapointed. :>(
 
I`m a giver. Family is always first then friends. I`d make sure all will be happy.As for my self, house on the water (florida) with golf course (buy it ) Only for non rich people, all races included. Will give to some charities that are not crooked ,and lastly help mr. B acheive his dream not that he needs me.
 
Ok, I'll bite. Hard to pass up this one.

I also wouldn't tell anyone! There would be no TV time where I would be accepting a 6 ft long check.

Ever since I was a little kid I thought what the first thing I would do if I won. I've always planned on flying to CA, buying a Lamborghini, and driving it back home (Iowa).

I'd probably stop going to school for the time being since I would need lots of time to think what I would do.

I'd buy a LARGE plot of land in the middle of a corn field and build a large pond, house, and plant hundreds, if not thousands of trees around it. I'd then buy some land/house down south somewhere so I could golf WHENEVER. Oh yeah, and a house next to a nice lake so I could go fishing WHENEVER. Of course I would need a plane to fly me around whenever/wherever.

I'd also give the University of Iowa around 5M for the football/basketball teams.

I'd give some to my parents since they have given me so much.

Take my kids to Disneyworld!

As far as the community I've always had a passion for helping troubled kids. So maybe I could set up some type of a golf program in my local area.

And of course I would fly down to KY and work with Brian for like a week. Lessons, golf, and some R&R.
 

Steve Khatib

Super Moderator
Blow up the golf world! Meaning basically own it in some way.

Direct the correct information to the masses(so that they could digest it in their own way) and give the true experts the credit they deserve. With this I would start promoting golf to those less fortunate and try to show people the pure aspects of the art of the game eg. Geoff Ogilvy interview. Being a golf teacher would be a job that would be sought after in the future due to this; rather than frowned upon as it currently is.
 
tough one

Who knows? They say money changes people so, whatever my priorities are now, they would certainly be changed with $100M.

I'd like to think they would involve:taking care of my future, taking care of families and close friends, charities, with a little fun money left over to take a god shot at tour golf.
 
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