Asklemmy

Start a charity foundation, but pay poor people in your community to lead it, instead of local millionaires.

I would get a really nice house with a big fancy kitchen and then continue being a hermit, except I'd do a lot more drugs

If I came into an unspendable amount of cash, I would make it my full time job to research things to donate to. Charities, or any charitable organizations, medical research, housing the homeless, feeding/infrastructure/sanitation for poor countries, open source projects, etc. But I don't want to donate to just anyone. I don't want to donate to those shitty fake charities that use their donations to line the pockets of their top people. That's why I would spend a considerabe amount of time researching these groups.

The way I see it, after I buy all the things I want, a house, a fancy car, etc. I couldn't possibly spend more than $1M a year on my family. That gives me $19M a year to donate. I don't really care to keep a cent more.

• UBI for people who are currently unhoused. This is proven to increase the economic prosperity of the entire region, leads to better outcomes than shelters, and is cheaper than current homelessness support systems.
• Buy medical debt. You can clear someone’s $150,000 debt for like $200.

$20 million is a lot, but not an infinite amount. As the cash flow is close to guaranteed, one could get into long term projects and hire staff.

Paying total compensation of $100K, one could hope ~200 people. No money left for offices though.

I would consider increasing the local standard of living by buying a few minimum wage type businesses and over paying a little, ~5%. I would hope that this causes an employee shortage and increases wages. Continue raising wages at a rate the other businesses can keep up with. My reasoning is that I can only hire so many people, but increasing the prevalent wages will benefit far more people.

I also think I could open a at-cost medical clinic. I don't know what that would cost, but I bet someone will tell me really quickly once I have the money.

I don't think I would have the money to:

• Set up a new bus system.
• Setup district heating for a town

I feel like I am playing "small ball" and not grasping the opportunities.

I'd donate a quarter for 4 years to my city to create a biking network, with some smaller portion donated after the 4 years for maintenance.

I'd almost certainly help the local schools get up to date teaching materials and try to supplement their income by literally just gifting them money. There's only around 1000 teachers in my city, so it wouldn't be too hard to do that.

Obviously myself a senator and representative.

Then idk. Get a personal chef and personal trainer?

Id like to buy some properties and rent them out super cheap to those in need. Cheap not free so that its a bit more sustainable in the long term and the money would go back into the properties. Id also like to do a thing where once a year the tenants get to skip a month of rent or so

Donate to some privacy related projects like grapheneos and signal

After taking care of myself, friends and family, and what not I would start acquiring land that I would donate to my community for affordable housing and other community projects with the condition that I get to name everything built on it. All streets, schools, libraries, etc will be named by me.

How I always imagined it was I would live a nice middle class life with no worries for bills and shit. Then with the rest of the 19.7 million or so I would run a non-profit charity for people in locations that are unable to receive potentially life saving medications or treatments. Think abortions in the US as a major one, I’d want to help women get to a state they can safely get an abortion and then help them protect that info. Abortion bans are a classist issue, rich won’t be affected and they’re the ones who generally vote for this shit. But yeah that’s my dream, eventually I’d hope to get enough funding or money to expand that to a world wide endeavor with my own hospitals setup in regions where I can offer help the best and guarantee info protection.

Oh and I’d take a lesson from the fediverse and make my funding and how it’s used be free for viewing and pretty much presented first so people can trust my charity.

Quit work and take lighter loads in school.

Buy a nice house in Maine right on the water.

Buy a supercar, and all the motorcycles I could ever want.

Go on crazy adventures like an Appalachian trail thru-hike.

All this would be less than 10% of my yearly income. The other 90% would go to charity, helping the homeless and bolstering free and open source software.

I'd go to universities all over the world and ask teachers and students to show me their projects and ideas to help society. There are some incredibly smart people out there that could change the world if we helped them.

I would identify people in need that are renting a home and taking good care of it. Then I would buy the home and sell it to them for $1.

I was gonna say, take my boyfriend to fine dining restaurants and fun shows every week, but even assuming we took a $400 each way flight and stayed at a $500 hotel and paid $200 a plate and $75 a show, that still comes out to just $150,000 a year.

$19,999,950 worth of cocaine

Two $25 sex workers

Quit my job

Pay off and renovate my house.

Buy a new car, something nice but not over the top.

Set up services for my neighborhood to drag the people round me out of poverty and ensure every kid gets the chance to get a good education.

Ensure all housing in my neighborhood is up to code and in good shape/safe to be lived in.

Pay off the debt of every person in my neighborhood, prioritizing medical and student debt.

Buy the people I love the things they need, set up trusts for their kids, pay off their debt, help them financially without enabling them into their bad habits.

Feels like that should probably reach $20m fairly quickly.

All mine and my family debts paid. Immediate and extended. Friends too. Then a life of leisure followed by paying the debts of the strangers I meet along the way.

Pay off my debt, buy a modest home, go back to school, never work a shit job for minimum wage ever again.

But I don't need anywhere near 20,000,000 dollars a year to do that.

After some large donations to communist organizations, I'd put the remaining few million per year into buying commercial slots on every major TV network in the US. Then I'd create Jury Nullification PSAs and blast them over the airways continuously until the message sinks in universally that juries are under no obligation at all to respect the laws currently grinding marginalized people into dust.

Bloody helfire. If I had $1,000,000 I would never have to work or worry about money again. I can't even comprehend 20 million.

So I guess I'd take 1 million, and then stuff the rest in some charity trust thing that could help my local community.

I’ve daydreamed about that Powerball jackpot as well. I’d spend as much time traveling the world. There’s so much out there to see, and I’ve only ever really spent time in a small part of my own country. And I’m not talking about a few days here and there in new places. I’m talking about spending weeks at a time experiencing other cultures.

Well, since I don’t need a lot in life, I‘d keep a mil to invest and mostly live off the dividends. Maybe two if everything sucks.

The rest goes to educating youth. It’s literally the key to curing cancer, colonizing mars and eradicating inequality and fascism.

Have a good day.

Probably live on a million- maybe 2- and spend most of my time giving the rest away.

Tell nobody. Enjoy the security of having options.

First of all, you're right to take the lump sum, definitely take the lump sum.

Then... There are some things I'd definitely want to spend on up front, like housing in particular. In the long run, the money would pay my property taxes, fund my clothing hobby, support parties with my friends, etc. I'd probably get a private chef to cook good, nutritious meals for me regularly. A personal trainer and a private gym in my home. And I'd travel more.

This advice is important:

https://np.reddit.com/r/AskReddit/comments/24vo34/whats_the_happiest_5word_sentence_you_could_hear/chb4v05/

Probably give milion to someone that really needs it in person and to see how they react.

Money is just such an overrated thing to pursue. Sure you can try to drown your worries in it, try to escape but the happiness is always inside

I would pay off my mortgage, and buy a car that isn't it electrical hazard on wheels.

Once that is done that I think I would set myself up as one of those prefab home manufacturing companies. They're pretty good houses albeit architecturally uninteresting, and they solve the housing shortage problem relatively cheaply.

Also I'm going to steal my next door neighbor's motorcycle and drive it into a lake, in order to stop him and his terrible midlife crisis habit of starting his engine at 4:00 in the morning and leaving it idling for 4 hours. Of course I could do that now, but if I wait until I'm rich then it'll hardly even be a crime.

First, I would find out who I need to pay to find people for jobs I need done. I hate dealing with people. Also, I suck at knowing who to call.

Then, I would get someone to rebuild my house, better, stronger, faster. My house is nice, but it has some major issues. Mold problems I can't fix. Lousy insulation. Floors that let us hear everything going on between levels. A ridiculously small master bathroom.

More importantly, I would pay for a better education for my kids. I homeschool for various reasons (via videos and on a curriculum), and while their education is solid enough, my daughter could use someone better than myself for subjects where she struggles.

Once everything is set up with a lawyer, I would set aside money for close family members.

Oh, and I would hire a maid and a chef for my house. I like cooking, but I also like not needing to cook. And who enjoys cleaning?

My wife would surely either pay for landscaping for our yard, or she would buy a boatload of plants and do it herself. Probably somewhere in between; we've got a rocky yard that no amount of personal labor will make manageable, but I think she enjoys the planting.

Oh, man, so much.

Free/pay what you can kitchen, for starters. Subsidized rental properties, all sorts of community projects.

I think the first thing I would do would be to rent an RV and just go driving around the country and up into Canada and see all the different states and all the different sites and things to see and get used to what it's going to be like to travel constantly and not be nailed down anywhere.

I feel like if I spent 6 months doing that before I made any dramatic decisions about what else to do that would help get my head into the right spot.

Of course I would first pay off all of my debts and I would probably reach out to all of my friends and family and give them a nice little surprise cash, something like $500,000.

I think I would make them sign a notarized contract that says that they agree that if there is any past grievance they have against me they consider that debt paid and forgiven with the $500,000 and agree that any future grievances will be handled by binding arbitration. The number one cause of unhappiness for lottery winners is family members suing them for money.

I don't think I've done anything to anyone that they would want to sue me for but at the same time it probably wouldn't hurt just to cover my bases.

It's not like they can't get a successful lawsuit against me with binding arbitration, all that would do is prevent an emotional jury from handing out crazy multi hundred million dollar verdicts against me because I didn't show up to the family christmas or something thinking that I can afford it since I won over a billion dollars in the lottery.

But aside from that yeah, 6 months in an RV with nothing to do but to go and see the Grand canyon and to travel to all the different cities that I want to travel to and seeing the sites and partaking in the local foods and events and just buying anything I want to buy as long as I can carry it around with me in the RV.

Oh yeah I'd probably call up my insurance agency and get a $10 million umbrella policy just in case.

After buying my fortress of solitude, and making sure my family is set for generations, I think it would be fun to donate money to random people who are struggling.

I’d first spend it on lawyers. Someone wanna copy paste that reddit post here so we can link lemmy going forward on this question in the future

Well first year I’d finally get a RTX 4090, new car, temporary new home and quite a lot to family and friends. Year 2-4 would be saving up / buying connecting property towards my dream home, and then year 5-10 would be saving up towards a sailing yacht. After that probably some of the fancy coffee equipment that James Hoffman uses.

Buy some congress people and get them to vote for things like public transport, universal Healthcare, etc.

US-centric, obviously

Keep 5 for myself (probably don't even need that much), and pick one person a year to change their lives with the remaining 15.

One thing I'd love to do is eat out more, and tip just absurd amounts. $40 burgers and fries, and great service? Here's a $40k cash tip.

Yeah, one thing I'd love to do is throw cash around at the service industry.

Sounds like u won i would sugest send 10mill and see what i can manage

BlakeClass guide to lottery winnings His second comment is what to do that first is the warning.