Yes, I’d love to win the lottery. The Powerball drawing got to somewhere around $500 million on a recent round. As Bill and I were walking one evening, we discussed what we might do with such a windfall. Buy a house on the island? How much could we give each of the kids? Definitely pay off any debt. There is that dream car he wants…the black Trans Am from the “Smokey & the Bandit” movie. We could open our own tattoo shop. Travel extensively, for sure. Charitable contributions? What about investments?
But, as the saying goes, “you can’t win if you don’t play” and I’ve not been playing.
Of course, I understand money does not make one happy. I’m already happy, so that’s not an issue. My use of the money would enhance my current level of happiness and that of my family. Accomplishing any the items listed above could certainly do just that. Who wouldn’t love to give large chunks of money to their kids, travel wherever you wish, or make a sweet donation to a favorite charity?
I admire the folks who anonymously give of their fortunes to those in need. I love hearing at the holiday season of a Salvation Army bell ringer finding an extra special donation in their bucket. I can see myself as a Secret Santa type, spreading joy to children who may otherwise do without. Nothing sweeter than the smile of a child, right?
Along with such a win comes financial responsibility. I admit, this is the last thing I will think about. I’ll want to start planning vacations and purchases, not wise investments. That’s where Bill comes in. He’s my rock, my sensible side, the sane voice on my shoulder saying, “Hey, you are out of control. This is how we’re going to work it.” And he will be right.
Winning the lottery is a life changing event. What would you do with $500 million?