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Dutchess_III's avatar

If you won 5 million dollars, what are the top 3 things you would NOT do?

Asked by Dutchess_III (46811points) April 13th, 2017

(Inspired by this question.)

1) I would not build a big, gigantic house.
2) I would not buy a crazy expensive race car.
3) I would try not to tell anyone!

1) I would build a modest house, 2500 sq ft or so, out in the woods somewhere. It would be cooler than hell, with hidden doorways and stuff, but it wouldn’t be huge. Most of the money would be spent on out door amenities, like a patio that slides away to reveal a pool, hiking trails, creeks, waterfalls.

2) I would buy an expensive, but practical car (my cousin, who won 90 million, bought a Subaru.)

3) On my property I would build a large, comfortable guest house for those people I was stupid enough to tell.

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44 Answers

Patty_Melt's avatar

Five million is not enough to build a very big house.

RedDeerGuy1's avatar

I would not blow it all in a year. I would not go to the casinos or tracks. I would not tell anyone.

ragingloli's avatar

1. Spend it on any items costing more than 5000€.
2. Gambling.
3. Go on a Hentai buying spree on dlsite.
3. Tell YOU about it.

Dutchess_III's avatar

Well, I guess “big” depends on the person. 5000 square feet would be HUGE to me. Even if I had the money that Trump did I would NOT want to live in any of his estates.

ARE_you_kidding_me's avatar

I would not tell anyone, not even my spouse if that were possible. Not that I want to keep secrets, she simply can’t. She would know once it was all safely secured.
I would not move or really buy anything.
I would not invest right away
I would not quit my job right away

Dutchess_III's avatar

Cousin won 90 mill on Thanksgiving. Went in to work on Monday, at Boeing, just long enough to compose an email that said, “I quit! Watch the news to find out why!”

johnpowell's avatar

Start doing cocaine again. I know that is only one but it seems fitting.

sleep 2m

Actually I would do the fuck out of cocaine and would be willing to die in five years from massive cocaine use. I can accept that trade off.

I am not joking.

Patty_Melt's avatar

That’s a damn shame.
My life sucks, but I want it better, not buried in snow.

ucme's avatar

Keep it at dollars
Hide it under my bed
Buy the housestaff homes/cars…fuck that, they ain’t even getting a raise.

SQUEEKY2's avatar

I agree wouldn’t build a stupid large house, wouldn’t buy and expensive car, but that’s about it.

I would probably just carefully invest it and take an early retirement.

Zaku's avatar

I would not:

* Invest it in corporations that do evil (e.g. Monsanto, Nestle, fossil fuel industry, etc).
* Buy expensive status symbols.
* Stop doing the work that I like (I’d do more and different and get some helpers, though)

kritiper's avatar

Not give it away.
Not get married.
Not work any more.

Dutchess_III's avatar

You would or wouldn’t work @kritiper?

Sneki95's avatar

I wouldn’t keep it. I’d give it to my parents, or charity.

As for the other two, I’ve no idea.

rojo's avatar

Move to Iceland.

gorillapaws's avatar

5 mill is alot, but it’s not crazy money. After taxes, it’s certainly not anywhere close enough to just stop working and “buy and island” (especially if you’re young). I wouldn’t squander it on consumables, or tell anyone. I wouldn’t “make it rain.”

I would invest it in a well-diversified, portfolio and try my best to pretend I didn’t have it.

Sneki95's avatar

@rojo You don’t like Iceland?

jca's avatar

I wouldn’t quit my job just yet.

I wouldn’t do anything without first consulting with a CPA/CFP and investing the money into some funds and/or institutions. From there, I could make some decisions.

Coloma's avatar

Not build/buy a huge house. I like medium size homes best too.

Not buy crazy expensive cars or other useless money hogging worthless things like jewelry and shoes. haha

Not stay in CA. move somewhere new and less expensive and cooler in the summers! haha

Would, travel, eat lots of good food, have a blast decorating my new home.

rojo's avatar

Ok, so, in addition to not going to Iceland. I would not get tickets to the superbowl and I would not buy an elephant.

gondwanalon's avatar

1. I would not do anything different.
2. I would not do anything different.
3. I would not do anything different.

Patty_Melt's avatar

I would not get married.
I would not die.
I would not use my manual wheelchair anymore.

Rarebear's avatar

5 million dollars isn’t that much all things considered. I’ll start paying attention at 50 million.

cookieman's avatar

I would not tell my wife’s family.
I would not tell my family.
I would not tell my friends.

Because 88.4% of them would have their hands out with a poor as me story in about two seconds.

cazzie's avatar

I wouldn’t tell anyone. (got no one to tell, anyway)
I would not buy a car. (I don’t have a license to drive where I live, despite having driven a car for 20 years)
I would not quit my job. (I love my job.)

Dutchess_III's avatar

I honestly meant to say $500 mil but I messed up!

Rarebear's avatar

@Dutchess_III Okay, now you have my attention.

Seek's avatar

I would not stay in the United States.

I would not blow it on big cars or whatever.

I would not give it away to my family.

Dutchess_III's avatar

Well, IRL my cousin won $90 million…but only got to take home $57. Does SHE have your attention @Rarebear?

Response moderated
Dutchess_III's avatar

Where would you go, @Seek?

Rarebear's avatar

@Dutchess_III So what did she do?

Dutchess_III's avatar

Well, she won it on Thanksgiving day, quite by accident (she’d never bought a ticket before, and only got that one because the clerk asked her if she wanted one,) the following Monday she went into Boeing where she’d worked for the last 20 years, sent a company wide email out that she quit, then took all the family, 30+ people on an Alaskan cruise (BUT NOT ME!!!) and is almost finished building a gigantic house on a lake.
Should be getting up there to check in out in the next few months, I hope.
They also seem to be going to Holland a lot. BUT NOT ME!!

Seek's avatar

I’m picking up @cazzie and we’re going to move to New Zealand and make soap.

johnpowell's avatar

@Seek :: Eugene is on the way. I could learn to make soap too. Just saying.

Rarebear's avatar

@Seek I’ll come with but I don’t want to make soap. I want to spend some of your money to build an astronomical observatory to do Southern Hemisphere astronomical imaging.

Brian1946's avatar

I’d get an energy-efficient Tesla, so I would not be spending any more money on fossil fuel.

I wouldn’t be watching on the sidelines, while causes and people I care about are suffering because of a lack of funds.

I would NOT be flying United, but I can do that with no money at all. However, if I had the bucks, I’d consider collaborating with Elan Musk to start an airline that was environmentally, customer, and employee friendly.

Seek's avatar

You’re all welcome, but you have to be willing to help farm the veggies and mind the sheep

cazzie's avatar

I will act as translater and train the dogs.

Kardamom's avatar

I would not keep all of it for myself.

I would not mention it to anyone except my immediate family until I had it safely deposited in the bank and had talked to my lawyer and financial consultant.

I would not give any of it to Donald Trump.

johnpowell's avatar

Since it is New Zealand I think it would be prudent to define “mind the sheep”. zing!

Pandora's avatar

I would not tell a soul till I got all the details worked out and I bought myself a new home and sold my current home, without anyone knowing where it is at, except for my kids and mom and of course my husband who will be with me.
I would not go on a huge spending spree. I would invest half, and pay all my debts.
I would not get plastic surgery.

Rarebear's avatar

I have a buddy who lives in NZ who say the cows outnumber the sheep now.

sone's avatar

I would not keep it all for myself
I would not spend it on gambling
I would not stay in my country

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