Spinoff: I'm rich.. now what?

Spinoff from the i’m gonna be a rich man thread…

I often wonder how my life would change if i were to hit the lottery big. I do have an aunt who hit the NJ lottery a few decades ago for twenty million… and no i wasnt in the will.

Everybody has a dream, would lots of money make you happy? Say for example you were to hit the Powerball, which currently happens to be worth more than 500 million prior to taxes.

If i were to win, i think collecting my immediate family in for a meeting to discuss strategy would be first, then get the hell out of town. Hide away on a large houseboat on Lake Powell, rent a secluded luxury home… etc while interviewing and developing a plan with advisors and attorneys. Then at some point come forward and claim my prize, my state doesnt allow winners to keep their anonymity so a well laid out plan could prevent alot of stress.

Relocate, take care of family and a few charity projects, enjoy a year just taking frequent vacations. Figure out a way to use some money to start a business/organization for my kids, something that allows them to live a leisurely life while being self sufficient. Just relax and enjoy the rest of my days.

You?

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Id buy alot of seeds :stuck_out_tongue: and a bigger house to grow em in :thinking:

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I have no family but a lot of friends…and if I did win the Powerball I will take care of my friends…I worked at Chicago Board of Trade and Chicago Mencantile Exchange trading floor and retired at age 45, I’m pushing 60 now…I don’t need a big house or fancy cars, been there done that…I would give to charity and help the less fortunate…I do and will continue to go to Panama City Beach for the wintertime though and travel…as of now I live in a small town of 700 people and loving it…I lived in Chicago for 50 years and dont miss it but I do miss my friends…I love the simple life and it’s a lot less stressful…I have a 3 bedroom house on a double lot and grow my own vegetables, breed and grow my own pot and American Bull Terriers…btw, I was raised well and my parents always told us never to brag about how much money you have and never put down people who are less fortunate…

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Money can’t buy happiness; it can remove obstacles to happiness, maybe. I already said what I’d do; I wouldn’t change a damn thing and I’d invest it all. :wink:

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Personally I can’t stand excessive. I believe in comfortable living and spreading the wealth. Without being taken for granted of course. But I like the idea of setting up my children and grandchildren with self support.
I like the other post somewhere on here of buying seeds too :sweat_smile:

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After taking care of family, I’d buy a nice chunk of land somewhere with favorable grow laws or licenses. I’d farm what I need for myself and my family, breed with some nice big selections and spend all my time outside. I just want to be outside and free, not inside and chained to a desk.

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If you have me endless money I still wouldn’t be that happy, and my life wouldn’t change much. I would worry about bills less sure. I’d party a bit more maybe. But I get by on what I have, no reason that needs to change.

I think I’d pay off the house first, of course. Then I’d start taking people out to meals. Go to bars, see the bands I like. Buy my friends drinks. Money will be gone soon.

I’d like to say I’d invest it, but I don’t have the patience. I’d rather spend it. It’s free money anyways right?

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I worked in the financial services industry for about 30 years,
I was a licensed Financial Advisor and then a trader of fixed income securities; Bonds, MBS, UITs CMOs etc. and OTC equities. I got to know many very high net worth individuals. Some of them were the most miserable wretches that I have ever known.

Money and happiness are two very different things.

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There’s no shortage of folks who conflate happiness with having “stuff.” Cars, boats, houses, toys, etc. are great, but if you don’t have intangibles such as meaningful relationships, love (not Eros), healthy interests, general mental and physical health, an internal conflict arises at some point where the realization that all that tangible stuff is just that…stuff. Then, doubt and regret creeps in. It happens at different points for people. Some are actually able to shake it off and go on without these facets. However, most arrive at the conclusion which @Calyxander stated.

Keep things in perspective. Nothing wrong with having nice things and experiences that many won’t know, but keeping feet on the ground is always imperative :v:t2:.

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Nock down this fucking money pit and build a comfortable house, maybe 2500 sq ft (need some play area). Pay my niece for taking care of my mother (she is staying in mom’s house now anyway), something for the other kids also. I am sure my sister would have ideas she could spend my money on (she has them now, most impractical). A summer cottage. Other than that see a bit of the world. Probably need a boat for the cottage also.

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Remodel my place, buy a vacay home someplace tropical, keep a boat there, invest the vast majority of the money and travel.

DEFINITELY NOT tell people how rich I am because that leads to problems of all sorts.

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That’s an understatement, they were assholes…at least the ones on the trading floor…They acted like they were the almighty and their shit don’t stink…I’ve known a lot of them and now they are divorced and working at McDonalds or Pizza Hut…I went to pizza hut once and I saw this one big time trader who thought he was the shit on the trading floor and now he’s divorced and making pizzas… I know he recognized me but I just ignored him…btw, his ex wife, who was a model stayed at my house for a week last October, she and I went to the same high school… Back then the traders on the floor had their parents money backing them up…I started out as a runner and worked my way up the ladder…

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I’d buy a tropical paradise island, officially name it OG Island, start breeding BUTT loads of beans and send them out to the world. Have yearly party’s of only OG’ERS all expenses paid for the top 50 awesome OG’ERS and live a quiet comfortable life with my family…

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This.
I like this very much.

Not many would be strong enough to stay cold headed in the face of temptation :wink:

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I couldn’t live without my family, besides who the hell would want my ass lmao. They love me while I’m poor and that means the most to me.

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I would probably make an updated super biodome/bunker to live and grow weed in. Maybe in the desert for good solar, or a mountain with thermal, or buy an island. I’d have to talk to some smart people about location and power. But it would be a preppers dream and a growers dream combined.

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I worked at a law firm where one of the managing partners (multi millionaire) would have me wipe his cookies and cache every single night, paranoid someone would break in to the firm to steal his banking info. Yeah, money didnt bring him happiness, it brought paranoia…

I found happiness with very little money, so thats what I would return to… Except I would buy my own caye to live on, I would return to Utila, Honduras. Funny thing, owning your own island there isn’t as expensive as you’d think. Half a million buys a nice caye with house, docks, etc… might even come with your own boat.

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I would take my world cruise that is on my bucket list.
Convert the 48X50 barn into a grow area. Fill it with strains for pain, and make creams and tincture for any Vet/Alzheimer patients

:green_heart: :seedling:

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I’d buy some land and grow some more weed :sweat_smile:

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Well being a single mom who raised two sons(one of which lives with me and grows with me), I’d payoff the house first. Let my brother live here and find a nice big property where I could have lots of dogs that are homeless or unwanted. I’d grow for myself and friends in a more favorable state, setup trusts for the boys and get involved with a charity for dogs or single parents who need help and resources. I’m always helping people now with limited resources, and often think how great it would be to do more!

Could care less about the mansion and boats to be honest.

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