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You can do things for other people as long as you have a plain and self control. Make sure you know what you can spend and still be happy with what you have left. Then divide a piece off what you can spend and use that to give out. If they keep asking for more simple tell them no. And if you still don't know what I'm saying its have an idea of what you will do and stick with it.

Quote from: NotSoCheerios on June 07, 2010, 03:20:00 PM
But.. I said with the loan. I'd also be investing to make sure I was making more then the interest of the loan was charging.. and that would only be for like 1-2 years so that I could build up my credit. which afterwards i would pay off in full.. Also.. I'd only be buying a house between 500-600k, nothing insane. Interest wouldn't really scratch it. as for the loan, as I said, my father is a mortgage banker, thus able to get me a good rate on a loan.
Who says my family would take advantage of me? and helping my family.. would only be like 6k to pay off my brother's car. and the remaining 70k on my mothers house. and like 10k to finish remodeling my grandmothers house. so.. that would be less then 1/25th of my money.. where all but a little of the rest would be put into high end CDs building interest over the following years.

As for taking care of my friends while we chill.. i'm talking little things like the movies or something.. I wouldn't be buying them cars and taking them on vacations.

I get what you're saying, and the real estate loan thing isn't a necessarily a bad idea. In fact, I wouldn't be certain what I would do in that respect until I get there. I would certainly consult an expert before making any major purchases.

My point wasn't that your friends and family would take advantage. My point is that it snow balls. It might be fine at first, but then some people might start asking for more and more, and eventually you would have to tell them "no" and their reaction is probably going to be something along the lines of "but you have so much, why are you being greedy?" But I'm not saying that would definitely happen to you necessarily. It's just be something you would have to watch out for. And being so open about it like you are saying opens it up for more potential of that happening.

Quote from: Jake on June 06, 2010, 08:08:57 PM
Nahhhh, Mr. Pwnage won't say anything to defend himself, so nothing to worry about!

In all honesty what do I even have to defend myself against? He stated he wanted an assassin to murder me...that's just a desire that only applies to his own. Now, if he called me a "turd boy" we'd have an issue.

Quote from: Lingus on June 07, 2010, 07:54:16 PM

Quote from: NotSoCheerios on June 07, 2010, 03:20:00 PM
But.. I said with the loan. I'd also be investing to make sure I was making more then the interest of the loan was charging.. and that would only be for like 1-2 years so that I could build up my credit. which afterwards i would pay off in full.. Also.. I'd only be buying a house between 500-600k, nothing insane. Interest wouldn't really scratch it. as for the loan, as I said, my father is a mortgage banker, thus able to get me a good rate on a loan.
Who says my family would take advantage of me? and helping my family.. would only be like 6k to pay off my brother's car. and the remaining 70k on my mothers house. and like 10k to finish remodeling my grandmothers house. so.. that would be less then 1/25th of my money.. where all but a little of the rest would be put into high end CDs building interest over the following years.

As for taking care of my friends while we chill.. i'm talking little things like the movies or something.. I wouldn't be buying them cars and taking them on vacations.

I get what you're saying, and the real estate loan thing isn't a necessarily a bad idea. In fact, I wouldn't be certain what I would do in that respect until I get there. I would certainly consult an expert before making any major purchases.

My point wasn't that your friends and family would take advantage. My point is that it snow balls. It might be fine at first, but then some people might start asking for more and more, and eventually you would have to tell them "no" and their reaction is probably going to be something along the lines of "but you have so much, why are you being greedy?" But I'm not saying that would definitely happen to you necessarily. It's just be something you would have to watch out for. And being so open about it like you are saying opens it up for more potential of that happening.

Okay.. I gotcha. It's mainly depends on if i have the will power to deny my friends. I actually had a dream last night that i won the lotto. and how great it would be not having to worry about making my car payment on time anymore. or having to wake up at 5am to get read for work.

I like how everybody assumed the lottery was for money. I read a book somewhere that was about a town who had held a lottery every year, except it was a lottery for death. The town had to sacrifice one person per year, but I dont quite remember the whole details of the story but it was something along those lines.

Quote from: NotoriousM4^ on June 10, 2010, 07:50:35 PM
I like how everybody assumed the lottery was for money. I read a book somewhere that was about a town who had held a lottery every year, except it was a lottery for death. The town had to sacrifice one person per year, but I dont quite remember the whole details of the story but it was something along those lines.

Well.. he said "the" lottery, not "a" lottery. Which, nationwide, means the money version of the lottery.... Also, that's fictional and only dumb people would live in that town :P

Quote from: DarkTrinity on June 10, 2010, 08:19:30 PM

Quote from: NotoriousM4^ on June 10, 2010, 07:50:35 PM
I like how everybody assumed the lottery was for money. I read a book somewhere that was about a town who had held a lottery every year, except it was a lottery for death. The town had to sacrifice one person per year, but I dont quite remember the whole details of the story but it was something along those lines.

Well.. he said "the" lottery, not "a" lottery. Which, nationwide, means the money version of the lottery.... Also, that's fictional and only dumb people would live in that town :P

While the story may have been fictional, there were/are places where people are randomly selected to be sacrificed... mostly for religious purposes.

First off, it would be kept completely secret.  No one would no other than me, ever.

Next, I divide it into two halves:  Within my lifetime, and after my lifetime.  For now, the after my lifetime half will be put in a high paying, long term interest account.

With the half I am to use in my lifetime, I would first off set aside all money I will need for university, pay off debts, etc.
Then, I would give some to my parents anonymously, telling them years later it was me.
Next, I would put the rest to be used within my life in a bank account, gaining interest on it.  I'd invest in the stock market, as by this point I have graduated from Queens with a degree in Commerce, and I play the stock market, but also invest in small business's.  In particular, I set up loans for my friends who have always wanted to start a business, figuring out a way to avoid telling them that I won the lottery.  Meanwhile, I have doubled the initial money I set aside from myself, less a few luxuries, like a nice house, cottage, car, etc.  I'll have set up a company, a parent company to the various small business I initially lent to.  I continue on investing, building my network.  However, throughout my life, I never live too richly.  I live well off, but not the life of a rich person.  By now I will have a larger fortune that the initial winning.  I'll use this to donate to the alzheimer and cancer societies, as well as funding a geo-engineering project to solve global warming.  I will now divide my current wealth in half, retire at 57, and use one half to live like a king for my golden years.  I'll put the other half into a fund for my descendants, who every 25 years, will get the accumulated interest.

Now, back to the "After my lifetime half" from the beginning.  This has been accumulating in value, and I will use it to set up a charity that every 5 years, will give full scholarships to ten promising students, who will be determined solely on merit, not on need.

Here's my plan...

well if it is 20 mill, i would pay off some of my dads debts, buy me a small house for 15k, buy a better car for 10k, open up my own game studio and start having the people that work for me make the games i want, and port them to most modern systems.

also i know that most modern games cost like 10-20 mill,360 ps3, to make but that is only if you choose to put that money into flashy graphics.

I would spend it to make a time machine or a way to go invisible but not allow the public to use it.

Quote from: Forum on June 12, 2010, 07:51:25 PM
I would spend it to make a time machine or a way to go invisible but not allow the public to use it.

Pretty sure both those things would cost more than 20 mill

Quote from: venuse on June 12, 2010, 11:34:52 AMbuy me a small house for 15k

Holy Crap! Where do you live!? I didn't know real estate was that bad anywhere in the US. I know Arizona is down to like 30k in some places, but if you had 20mill, why would you buy the worst possible house in the worst possible market? I mean, even 100k could get you a really really nice house in some places, but you could drop 1-2mill and have an amazing place in a really desirable location.