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If you won the lotto, what would be the first thing you'd buy? (beehaw.org)

submitted 2 years ago by thrawn21@beehaw.org to c/askbeehaw@beehaw.org

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Say you won $100 million USD post-tax. What would you do with your new found wealth?

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[–] GraceGH@beehaw.org 0 points 2 years ago (1 children)

I'd start with a car, probably something cheap like a 2022 honda civic or ford focus or something. Then i'd pay an accountant of some kind to tell me where to invest it so I could never work again. My guess would be it'd be mostly in like, a 401k or an ETF or something. I'd go out of my way not to take money out of the big sum, the interest should be enough to live off of alone.

[–] alehel@beehaw.org 1 points 2 years ago

Wouldn't even need to invest with a sum like that to be fair. Buy a house and a car, and spread the rest out in regular accounts across various banks (so you don't loose it all if one goes bust). Then just live the life you want to live.