Bitcoin Forum

Lets say you won the lottery..

You've just received a million dollars and are ready to do something with your new found money.

You have no CC debt to pay off and have an average mortgage for a working class citizen - maybe you have around $150,000 left to pay off for your house.

You're free to spend as you wish. And invest if you wish.

Would you buy a heap load of bitcoin to sit on?

If so.. how much?

i will buy 100BTC,its enough for me,i will invest and store it for long time period,i wish the price keep rise year after year ;D

If i won a million dollars i would invest 20% on bitcoin as it is a new currency but a good future, and maybe at that time the price will be increased because the buy orders will be more than the sell orders.

If the price was low as it is now then id stick 100k into it. the milion was free anyway so i could risk the gamble.

At the current stage i will not use more than 10% to buy but if price goes down to around 350-370 i will spend half of million to buy.
May be i will get heart attack when i win before i spend them.

I will give half of the to the poor peoples and the other half will invest in digital currencies,and technology

Honstely, i dont think i would buy more than $50 000 worth of Bitcoins. Just because i would play it on the safe card.

I will pay off house, buy a car, put money aside for college for children and then use half the rest to buy bitcoins, of the bitcoins i buy, i will use about 20 for playing with daily, and the rest will be in cold storage waiting for the price to hit 1k

Deposit on a mortgage for a bigger house.

i would put everything in bitcoin without thinking, only a small portion let's say 1/10 to buy a small house, but only because it is difficult to buy house with bitcoin

so i would have round 2500k bitcoin, i nice amount indeed

I would buy $200k worth of Bitcoin asap, with $300k would wait if price drops a bit and rest $500k would invest in real estates.

i would buy property to rent out and some of the rest buy some coin and invest to make more of it, sell it and some i'll keep in storage for the future, thinking like keeping some in storage to build up in time and pass it to my kids for herritage tax reasons, because i think herritage tax is pure theft by the goverment. paying tax on already taxed money is theft.

investment or start a research compagny in naturefriendly science and tech and education would be a thing i do too. we realy need to put those oil and gas- gmo-, global industry-, banking- and religion barons on their place and frack em... look what they do to our beautifull planet.... we realy need to hack the planet back

so if you have the means to do so... do it, think of those who'll be living here after you.

I would invest 20% to bitcoin, 20% to saving, 20% to estate, 20% to stock, 20% to in real business. Diversifying my portfolio to avoid the risk. I wouldn't miss any opportunity.

i would definitely invest 20 percent in bitcoin but that depends upon the price in which i acquire. i would like to purchase it around 340-350 which is a safe bet right now

I don't know why the bitcoin's price skyrockets recently. This is not a good time to buy it. I will wait price retreats to around $350, and buy $10,000 of bitcoin.

I like the way you think. You seem to have a firm grasp on reality.

Also, never spend more than 7-10% of your net worth on any risky investment (like Bitcoin) with the potential to drop to zero value. Unless you're going to live in it, you should never invest more than 40-50% of your net worth in real estate. Real estate can go down in value but will always be worth something.

First thing I will pay all my debt. Then will put an equal amount of money as a long term deposit in three-four banks (the most healthy ones). Then will buy bitcoins. The amount will depend much from the above actions but for sure there can be not less than 100 and not more than 1 000. Probably more near the 100. Lets tell 200 or 300. Anyhow repeat: will depend to much and mainly from the first needed actions. Choose this order to follow because I must act in the traditional way in the use of the money firstly and then follow my hopes and my hobbies. I have a family to maintain and the everyday bread for this family cannot be bought or assured with hopes.

After wining a million dollar, I'd buy maybe 30% of it with bitcoin and maybe develop an online gambling site or buy an online business and profit for it.
I will then live on a remote place maybe an island to enjoy the sun every day. Yep will never happen. i know this is just a dream.  ;D

I'll probably buy 100.000$ worth of Bitcoin. I use %50 for my personal needs, invest in real estate the other %40 part.
1 million dollar is not too much btw.

For me it would depend on how much bitcoin would be worth at the time.
If it's the same as it is right now then I would buy around 1000 bitcoins and just sit on it.
I would feel as if 1000 bitcoins is a safe number to sit on.

Absolutely I'll buy with all of those money and then I just sits on and see my investment going bigger everyday  ;D

i would prob stick about £30,000 into bitcoin and just sit on it.  A nice house and just living of the rest.

Maybe someone will say that will not invest in bitcoin, but i love bitcoin and would try investing a small percentage to bitcoin and maybe open a small business that will operate in bitcoin and help others that are unable to buy some products with bitcoin.

A million is quite big amount and if i ever won then i would invest all of it (iff there is a market present for such amounts) so that the price increases to some extent and then cashout 40% of it slow and steady without crashing the market again.But this is condition to bitcoin price is above 500 or else i wont consider investing in coins.

i'd buy a small house and the rest would go into bitcoin ;-)
so maybe around 750.000$ in btc

edit: ofc some moneros too ;-)

why would i buy btc after winning 1million dollars..?
you have 1 million dollars you dont nid btc anymore just invest your money for the future of your family.

hence btc ;-)

...

- Pay my taxes on that $1,000,000 income: estimate: $390,000   :(

- Pay off debts and future liability: $100,000

- Buy 300 BTC: call it $125,000.  Then see if I could convince bitmixer.io to let me invest 200 BTC with them...  HODL the rest.

I could find a way to spend & invest the balance $375,000...

I would go 50% on Bitcoin. Anyone that is here for long term knows that 3 figure Bitcoin will not last for too long, therefore it would be the last time in history to try to get a solid position, if you wait any longer it would be impossible to become a real whale. I could be able to live off the 500K in dollars while I HODL the BTC and invest in BTC related stuff to help it grow.

If I won a million dollars I would buy probably 1/4 Million worth of BTC just to speculate on and ride the markets with.
So many times I've called the market correctly but been able to capitalize off of it due to lack of BTC or Fiat held.

No way I would put all of it in.. BTC is far to volatile..  I would however risk 1/4 of it and hopefully make some profits.
Be interesting to watch this thread and see the responses. I'm the least risk adverse person I know so I'm sure others would do less.

If you own million dollar worth of BTC it starting to become more significant. Imagine you bought 1 million worth BTC in January of 2015, I remember that bitcoin was worth something around $200 then.
We have December and now BTC  is worth more than twice of that. From your 1 million you could have 2 millions without really doing anything, still think it is not much?

$150 mortgage with 10years=15k a year
even at 2% interest 750k left in a bank account will pay off the mortgage without touching my nestegg.

so that leaves me with $250k to play with... and yes id buy $250k worth of bitcoins

I'll use half of it to buy Bitcoin (500k) the rest save it for paying the mortgage with the needed remaining funds coming from my real day job work ... I rather invest as half on Bitcoin and see it increase value in the future and give me more profit than to use exactly what's needed just for the soul purpose of paying the debt.

I don't 'invest' at this point into BTC since it is too volitile.

Yet with a free 1 Million to 'invest' I would invest it into stuff that could be used to acquire bitcoin.

Maybe set up a large network of servers and devote some of the power to 'mining' it as long as the NOC had Free Energy such as a windmill or solar base energy source.

I would invest into some keyword assets in Domain Names.

I would start development projects where BTC was part of the accepted payment method.

But to sink $400+ or so into 'coins' that could drop or rise in value is more of a crap shoot at this point than an 'investing' option.

Even Gates stated recently the best 'investment' is still domain names in .com.

So development of 'tech' related ideas with a decent network that might do some mining and then see what services or products you can 'sell' where your clients throw you some BTC is probably how I would waste a Free Million. But 1 Million is not much really as seed money today.

3 years ago the charts on BTC looked okay, 2 yeas ago they showed great promise the past 18 months it shows nothing but negative valuations.

Tech is here to stay but BTC the future is not crystal clear.

F bitcoins, I got a million dollars!  ;D

Hmm. If a million dollars landed in my lap I'd probably have a rather different attitude towards it than money I earned. I'd buy 1000 coins with it probably. That would still leave plenty to play with and 1000 coins would lop a couple of decades off waiting for life changing gains.

I would probably get about 150BTC and use most of it to buy hash on Hashnest. I really don't want to try to run a farm of 20 S7 miners myself.

I'll probably spend half of it on miners. a quarter on btc and the rest on my needs and emergency savings under my bed.

At this point I have more trust in Bitcoin that in USD, so I wouldn't count on long term plans USD related, I would buy a big quantiy of Bitcoin guaranteeing I can retire in 5 years then use the rest or the money for whatever hoping that the USD is still relevant.

Let's say I buy a small property worth half a million with it.
Then I would have left $500k.
25% of that I would invest in Bitcoin.$125k would allow me to buy 290 BTC. That's a nice amount.
Another 25% I would invest in gold and silver I think.
Then I would have left $250k to spend. Enough for a solid middle class car, some furniture, clothes a nice kitchen and a high class computer rig.Maybe then another $50-$75k would be left. I still go to work and would keep this fiat deposited in a vault in my new house somewhere and spend it over the years or buy a few stocks with it.
Yes I think this is what I would do with a lottery win.

Or I buy a cosy cocktail bar on a carribean island, buy Bitcoin for 500k and enjoy the daily life. :D

I'd buy 50 btc but no more.  The rest I'd use to pay off my house, and some would go into the stock market. 

I would invest in more solar panels and start a semi-large scale mining operation, I think that would get me the best ROI.
I would probably also just buy some more Bitcoin with the money I have left.

I gather this is a million dollars clear after any taxes, correct? Otherwise, everyone's forgetting about the dreaded taxes. I wouldn't want to be like Richard Hatch and forget this important consideration.  :D

Yes, definitely! How much I really dont know, i would not spent it all on bitcoins for sure, but I will buy enough to have for gambling, spending and for sure something to have in some paper wallet that will wait future to come. But this is something that I can just dream to happen, for me luck is not an option for everything I need to work, work, work, work...

I would assume that the million is after taxes.

If I won a million dollars, after taxes, I would set aside ~$500k for a house and a car, not necessarily anything too fancy, but a decent house in a decent place. I would take ~$30k for Bitcoin investments, and shuffle $400k into various savings accounts, education debt payments, and other similar things.

I'd use the remaining $70k for leisure money, spread it out over multiple years.

20%

Same % of any other big win until the million digit.

I suspect that BTC will be more lucrative, but of course other investments will be safer

I would put $790,000 into btc, bury $200,000 stash of gold somewhere, then travel all over the world, not giving a fuck, cashing out into whatever the local currency is as needed.

If I won a million dollars, I'll buy/build my dream house and lot first. Then half of the remaining amount will go to setting up and running a charity to help my people around me and also all over our country. The rest will go to bitcoin, I'll buy bitcoin as much as I can with the remaining amount hoping to double my investment in the next few years. I believe on bitcoin :D

I'd invest $900k in bitcoin. Rest would be trading money :)

$100,000 on traveling until I was super bored of it. $500,000 on real estate. $100,000 stays in cash for those little incidentals. The rest goes on bitcoins.

this is one of the reason why bitcoin is not adopted yet, this is the common thinking of the average joe

i hope they will change their mind in the future and see bitcoin as a real money instead

At least 200k would go into bitcoin.  Obviously I would wait to become the price lower.I think the 370 area is a good moment to buy.
The rest of my money would go to some real estate and offcourse other investments.

If that happens that I win a million dollars in one night I will just buy 250K dollars worth of bitcoin of 300K.
With that I will just hold it for a long time that the price increase. Of course I will watch if the bitcoin price is good to buy.

I'll spend 50% on bitcoins and spend that 25% on bitcoins on making a casino and advertising it and the next 25% just waiting for the price to rise  ;D

When I win such like amount, I will first be able to remove the 10% and give it to the local church that I attend as part of tithe. I will then take a 10% of the remaining amount and do use it to pay my dues and bills,. The remaining amount i will be able to use it for buying, selling and even mining the coins. I value the coins a lot since they always give me a higher return than any other business. I will not spend less but more and more so as to gain more. Trading is what I do.

oh nice dream,i hope sometime i won lottery ;D
and i would buy 10BTC,its enough for me,because i'm sure,bitcoin price will rise some day,and reach $1000 again.

Maybe 20%-30%. Now its 1. Food 2. Medicine 3. Rent, bills etc. Now im working in foundation... I dont get money for that.  :-[

Buy 800 BTC, pay off debts, start a bitcoin company or mining operation, save the rest.

 

I would use it all to buy Bitcoin  8) wouldn't tell my wife either :D

That is a nice thought experiment i'm not sure i would do what i think here and now but after paying off the home and investing in gold and few precious metals i'd invest around 50% in bitcoin when i felt the time was right. I would say from $1,000,000 i'd invest maybe $250,000 into bitcoin and $50,000 into the silver bitcoin.

Why do you need to invest 1 milion dollar into bitcoin?Banks will offer you something like 5% montly i suppose ,soo why to risk money into bitcoin since we all know stability is something that bitcoin hasnt ,sure you can make those % in one day the same way you can loose more or less .I would invest into 100btc and just the rest would buy a house and a car better or new,then i would be traveling meet new places ,always balancing income and wages.

That would pay off my mortgage and buy me a new car. There might be enough left for a cup of coffee too.

Depending on the price of BTC i guess i would invest about 40% of winning.

If I got million dollars without doing any effort earning them, I would spend most of them buying whatever I want and I will travel all over the world .
I will buy 10 or 20 btc and I will put them in a paper wallet as an investment if the price increase

I would spend 50% for buy some Bitcoin for investment, and the other 50% for having fun.

Well if you have money in your savings or in your bank, so why not just do it all.
But I am not you so I will just do 50% or 25%.

I would invest about 50k in Bitcoins, because i wouldnt want to risk more. I would invest in other things though.

if i won a million dollar i would buy about 50-100 btc fo my self and the rest of the money is for my
parents and the business im planing to open.

Buy a house in hawaii for sure put some in the stock market and buy about 25k in
bitcoin.

I would put maybe 15-20% in Bitcoin and build/buy a nice house with the rest of the money.

I think $50,000 - $100,000 is a fair generous amount to put into Bitcoin for the long-term. :p

I like this thinking a lot. I'd do this also.

Why would you only want half of your money to double?  Buy all 1M in bitcoin, let it double -0 and then really have some fun.  You'll still have a 1M and you'll also have a 1M in fun!!  wtf?  Is this a trick question?

My favourite reply here! lol I'd love to do that too!! 

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I'd spend 5-10% on bitcoin myself.
 
I'm quite surprised at how many said they would invest 50% or more into bitcoin. 
I mean, you have a million dollars.. how much more would you like to make back from investing in bitcoin?

I would spend 100k on altcoins and 100k on BTC
the rest would go into operations expansions, leisure, house and travel

20k$ into Just-dice/CLAM (ooh those stakes).  8)
100k$ into Bitcoin.
Buy 2 or 3 small condos for ~300k$, rent the shit out of it.
Save the rest or invest it into some low risk, low returns plan.
Sit back and relax.

I will buy 210 bitcoin, that will cost about $100,000. But it will make sure no more than 100,000 people in the world is richer than I.

If i won a million dollars i will buy 1% from a million dollars to buy bitcoin, and some i will buy big house for my family and life happily forever. and make a bitcoin shop or bitcoin company.

I would buy bitcoins of 30% to 40% of the money i have won if i would have won the lottery.

if i won all of that i would invest 250K in bitcoin that will be between 500 and 600 BTC

Currently I have a house from family so,
I think I would definitely buy like 100 bitcoins.

hmm very interesting question i will use 75% of the money for bitcoin

and spend some on having fun and few bitcoin for gambling and invest the rest

and then for the 25% that still available i will keep it in bank

A little only. Perhaps 10k dollars or something like that.

I am into Bitcoin as an earning opportunity to help me get a living, but with one million I would already have more than enough. Buying 10 thouand dollars worth of Bitcoin is enough to "be there" if Bitcoin skyrockets, and does not mean much in a million dollar total.

If I win I will just make a KFC restuarant in the city and people who use bitcoin they can pay with bitcoin .
Also I want to build that so that I can eat chicken every week.

I would buy 0 bitcoin lol because if i buy so much bitcoin even a small drop of 1$ in price will cause much loss.

Smart! 10k bitcoin is more than enough to "be there" as you said.

If I won a million dollars I would spend at least a hundred thousand in bitcoin.

I would bend over and let the US government take around $400k to avoid being kidnapped and thrown in a cage.

And people wonder why Roger Ver renounced his citizenship to run away to an island. There are so many good reasons to do it but you described the best one.

I would probably buy around $400.000 worth of bitcoin and spend the rest on paying any debts I have or people I owe money to.
Pay off my mortgage and car, put up a funds for my kids as well.

If I won that kind of money I will jsut buy 60% of that money to bitcoin.
I have already enought fiat money so yeah and with that I will just trade and do more stuff.

I would buy around 1000 bitcoins, buy a new PC, invest in some businesses and swim in the rest of what's left of the money.
There's so much you could do with 1 million. I would pay all off my moms debt as well.

I would spend around 30% - 40% of that money on bitcoins and invest in a business like starting my own gambling site and make profits from that as well. Probably hold a signature campaign for that site as well.
Buy a car and spend some of that on my family as well.

I would probably buy around 100 - 200 bitcoins, it seems like a good number to sit on. I expect bitcoin to grow to it's fullest so if I invest this much into bitcoin I'll be a millionaire again in a couple of years when bitcoin reaches it's peak again.
But who knows what will happen, we'll just have to wait and see where bitcoin price will take us.

821 and i would spend it all on Monero.. get it ? ;)

The whole reason I am invested in bitcoin is to make money. Winning 1 million USD would make my need for risky investments less so I wouldn't invest a large % of the 1 Million USD into bitcoin, maybe 5%, that would still be enough if bitcoin does go to the moon.

With the rest of the cash I'd buy a big house & maybe a couple of apartments to rent out.

If I ever win a million dollars. Well if I win that a lot of money than I am just going to buy a house with it.
So from fiat convert in to btc then I hold it for now and then when the price is 1000 or more I will buy a house.

if i won a million dollars lottery.. i will use the 35% for buy bitcoin, the 25% for my family, 15% for charity and the 25% for buy property and land for long-investment.

Good thinking.


A sublime statement!  You've just made my day.  :D


Each to their own.  Like many on this thread, I'd care far more about the futures of myself and my loved ones than those of the billions of humans I don't know and never will.  This isn't to suggest that an excellent environment isn't a benefit to us, just that a million dollars in our pockets will improve our lives vastly more than such research ever could.

I would pay off my mortgage and add solar to my home so no matter what happens I will have that. I would put 30% of the remaining amount into bitcoin and the rest into other investments.

Well, right now I can buy 2,260 BTC and I would definitely do it. It's pity that I didn't win "a million dollars" several months ago though. I could have bouht much more Bitcoins with that money then. )

I have never won in lottery like most of the people.

But a million dollars are too much, maybe i would buy 300BTC for starting.

It cost now around 1.4k dollars but just as experimenting then continuing if it increases.

10% is good enough for me , more and it would only give me a headace when it goes down.

$150.000 for a decent and nice house
$10.000 for a robuust and reliable used car
$13.500 for 30 BTC (assuming price of $450 a piece)

And furthermore working max. 20 hours a week (quitting work altogether would be too radical), travel more, and get more involved in crypto.

After I brought a couple of new cars and stacked some gold for my kiddies. I would then buy bitcoin and lite coin maybe around 25%-40% anything over 25% would be extra savings for the little ones.

Maybe just 5 bitcoins, don't want to risk it. Gotta be safe than sorry.

i think i would buy as much bitcoin as possible as i believe that bitcoins are a really great investment also it would be really beneficial for the price of it that it would rise a lot

i will buy all of them

Well I think you'll have a hard time buying ~17 million Bitcoins at $440 with only $1 million.

I guess it is possible to get all 17 million if you're creative using only $1m, but I am certainly interested as to what your scheme would be.

i mean all of them fiat money not bitcoin...

TBH I wouldn't buy much BTC. Say just 2.5% for bitcoins, which is very, very sufficient for me.

And the rest of the funds, which equates to 97.5%, I would buy silver coins and bars.

I would buy around $300,000 worth of Bitcoin and then use the rest to pay off my house and buy a nice car. I would live like a king, figuratively of course.

I'll keep it in my savings or I'll investment
Which point I will save it for my future  ;D

Why so little? I understand that there's always the risk of bitcoin crashing and failing to the uttermost, or something happening to your bitcoins, but as long as you buy a Trezor wallet and you invest about half of your funds, there shouldn't be any reason why it shouldn't easily be able to double (sometime around the bitcoin block halving).

10,000 in Bitcoin and save the rest to invest.

So you wouldn't do anything else with your money. Like pay off your mortgage or buy a new PC or buy a nice car. You are a weird guy.

I would buy a substantial amount (talking 75-85%) and use that to try and build an even larger amount through investing, lending, interest ect. Slowly pulling it out over time but hoping to double down sort of speak.

Also the type of guy who can't do math...

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I would say that I would split it about 50/50. Worth the risk but I wouldn't like to set my self straight such as finishing paying off the house and student loans, ect.

I'm pretty sure you're the one who can't do maths. He said he would put 10,000 Bitcoin, which is around 4,000,000 dollars. Oh...now I get it. He ment 10,000 dollars into Bitcoin and invest the rest. This still doesn't mean I can't do maths.

I would invest 1/4 of it in btc, and 1/4 in stocks. I'm still not totally convinced btc will bring me a forturne, so this is a safe way.

What would you spend the rest on?

I'm on your side justspare lol. I meant that if he got 10k in bitcoin he would need to spend 4.5 million. Although upon second reading I see where he could have ment $10k in BTC. Your math is fine

If I won a Million Dollars and it's tax free, I would like to convert the million Dollars for Bitcoins. After buying, I just need to wait for days, weeks, months, and years to make a profit from it.   

yeah ofcourse i will buy. i think if thats the case  i will invest about
40% of it. as if i have fiat in my own wallet i only usually go buy
and buy some useless things that i really dont need. and almost all
of us know that if you have money in your pocket. it is easily spend
in somewhere. so the 40% of it will go for my future.
who knows... in the future it will be more than a million dollars again.
which is not impossible.. :P so goodluck to us..

ALL IN BTC

i will pump bitcoin to $1000 then hodl it... ::)
i will sell 1-2% of total my bitcoin every week for fun  8)

maybe i can be the "richman" in bitcoin

I think it would be even more feasible (if you honestly believe bitcoin is going to succeed in 5-10 years time) to invest 75% of your funds into bitcoin while using the other 25% to pay off stuff like bills and that sort of thing.  I mean if you think about it, that's $250,000... For me that's a middle class income for 3 & 1/2 years or something like that. You can do a lot with that kind of money if you spend it properly.

Now the tricky part is deciding when to buy with the 750K you set off to the side, which you have multiple options of either buying it all at once (which that in itself is tricky because of different laws put in place), or try and decide a time to buy each week in increments.  I would think buying a noticeable dip every week with something around $2-5K per week will be optimal in not going all in on one set price and have the potential to lose out big.

The best thing is to live off interests or passive income. You can easily buy a few condos with that kind of money. Rent it a little below the market, give a % to an agency that will deal with all the problems. Wait for the rent money to roll in and live on it. No need for luxury cars and stuff, the best thing would be to be able to say "Ok, now I'm 100% free of doing whatever I want to do with my time". Dang, that must be an amazing feeling.

I would buy Bitcoin with 25% of it, and the rest for buying something in real life (like buying a ship or a new house) :D

Id spend all of it to buy bitcoin, and my purchases would drive the price up. Straight after, maybe max half an hour, id all half. With the money, I keep that, and I hodl the leftover bitcoin. Because everyone knows bitcoin is a +EV :3


The profit would be around a couple thousand dollars, and I think I'd be fine with that account of profit. I might even Gamble that amount on 99% win chance on primedice or somewhere and run with the profit, huh?

The lotto this week for me is 60M. If I won it I'd put at least 6M into bitcoin straight away.

One million is actually not much. I will spend 90% for house in the city and save some from expenses, around 10% ($100,000) for bitcoins.

But I will still need to work...

Just 1 million... i would buy lets see 1 btc yes yes a full one.
Seriously though if i got a million buck or more i would not buy any thing, ill keep that bit of money and start travelling the planet till i die

I would buy probably 5 percent from my winnings total.

Where would you all go to to buy 100k to 1 mil of bitcoin? You will have a decent impact on the price and ofcourse, I would not be really comfortable having that much fiat on a shaky exchange (not to mention my bank probably stopping me from making the transfer..)

Anyway, without limitations, I would put around 250k in bitcoin, pay of any loans (minor), buy 1 or 2 houses and than I have around 250k left. Probably get myself a nice second hand good car (20k, new is just a waist..) Buy some stuff that I always wanted, etc etc, and use the last 200k for saving and stock investments.

Should by nicely diversified than, with some nice money in bitcoin, real estate and fiat savings/investments.

Maybe I would buy 100btc I think thats too much for investment in gambling. But if I'm gonna make my own gambling site I would buy 1000-2000btc.

I still wouldn't buy any Bitcoin right now, i'd rather wait for blood in the streets. With that much money, you stand to profit -alot- buying at the right time. So much risk at the moment.

Nice dream :). I would think of this option. But better will be to try it in real. But yes, I would purchase some nice amount of Bitcoins.

Will that money maybe I will buy some bitcoins, but with that I just can work more and earn more money is a good money to save in the future if I win that big. So that I can buy houses and rent it for the future. Oh well I never will win that kind of money.

The idea of lottery and bitcoin are truly opposing ideas.

People who play the lottery do so with the hope of getting something for nothing. While at the same time, empowering the state because lottery is a form of taxation.

People who invest in bitcoin do so because they have the courage and vision to see something that is truly revolutionary. It is an idea that disempowers the state.

I expect that someone who wins the lottery will buy no bitcoins because they are truly ignorant. For most people who know about bitcoin, they wouldn't play the lottery anyways.

I will buy bitcoins for all the money of million dollars. This way I will multiply my one million into 10 fold or even 100 fold in few years. This way I will help be happy on contributing to bitcoin community by investing such a big amount. I guess bitcoin price will raise some 5% or 10% also.

Men winning a million dollars or euro is my dream, if I had that I would buy some bitcoins only 5K worth of bitcoins.
Only when bitcoin is 250 dollars. I know that is not good that bitcoin price goes to 250 dollars, but is cheap to buy.

The difference between dollar and euro is some 12% to 15%. So, I will accept even it's in dollars.  :P
But, I will invest all the money into bitcoin and may start a bitcoin mining farm. Surely I will set up a full node to contribute to our bitcoin society.

Hm... maybe 100k I would spend on BTC and keep them on wallet with hope to grow up...
But don't think it will never happen haha not even in dream

As for the $250,000 I think the problem I would run into is that would pay off a whole house, maybe throw in a car and some savings for retirement. Doesn't leave me much play money. Even though in a market like bitcoin you could quickly make the 33% on the 750 to make it up quickly, it just wouldn't be worth the risk... to me. I would think that 250k gets you to a comfortable position where 500k can make life easy.

plus as you mentioned the difficulty of buying that much at once, you would have to buy incrementally.

If I won a million dollars i will use a half of it to buy bitcoin for my invest in future. And then the remains to buy my necessary in reality

if i won 1 million dollars i would invest  40 percent of my winnings to bicoins and 60% is for my life savings.

I'd invest around 100k when the price is low and sell high.  Rince and repeat.

I think 1000BTC is enough for me. That's almost half million dollars. I can spend other half and enjoy watching Bitcoin to rise. But how can I win a million dollars? Should I play lotto?

If i won a million dollars maybe i will buy bitcoins worth of $1000-$2000
and i will stay holding the bitcoins until the price is $1000 plus.
So i will be a billionaire..

A milion dollars.  So I will make it that the million is after tax.  

I would sell my home and buy a nicer one in the same area.  So this would be 300k off the top of the million.

I WOULD build a second 60kwatt or maybe a 100 kwatt solar array.  I have a forum member that is building a 60kWatt array.

I would buy 100 coins = 45 k

So 300 k for house upgrade
      90 k for 200 coins

           not sure what the solar setup will cost
           some machines s-7's avalon 6's
           some more psu's from finksy and j4bbrwock
    110 k total for the solar setup with miners and psus
    500 k total

This leaves me 500k  in cash  the wife gets that as we are partners n life.  I am sure she will spend some on trips with me to:

 Italy, Norway, Australia, Argentina  maybe Cuba if the USA lets us.
 

I would probably invested approximately 25-30% in BTC and put it somewhere safe and waited for a good price in the future.Then I would've maybe bought some island and enjoyed the sun and palm trees,of course if there still be the island because of sea-level rise :)

I would use about 50% for long-investments of which Bitcoin could be 10-20%. By the way it is the same way I doing now with my saved money, though 1 mil is life changing amount indeed. But because I dont waste money on lotteries, I have no idea how it could happen...

A Million really is not all that much. It is probably best to continue your life as you did now, use the interest of the Million dollars to enhance your life here and there and the Million Dollars to feel secure knowing that you could meet any unexpected reasonable financial hurdle (medical treatment, loss of job, etc) with ease.

I would not buy more than maybe 50000 USD worth.

I don't think there is a Million dollar market at any exchange and even if it is then i won't be investing more than 75% of the money.
Diversity is always better with a satisfaction of back-up.

I think I would invest 50% of that amount. 25% would be invested in mining equipment. Rest 25% would be left aside, for private use.

Now you made me think that I need to play the lotto, even I'm not a fan of luck games. Damn you!

Haha, yeah! I thought so too!  :D Although I heard that the chance of winning in say The UK National Lottery is lesser than to die before you can get your prize (even if you win).  ;D  But nevertheless we all are trying.

Considering some economy books which advice 30% for investments...
BTC200 would be a nice amount for me

Probably none because I will already have one million dollars  ;D

I will not buy bitcoin too much, if I won the lottery, I would only buy 10 to 20 bitcoin, and the rest will I contribute to several orphanages, life will be more meaningful if we could share with those in need. that what i think,and what i will do when got lottery.

Fuck that. You gotta look after you. Take that money and buy 10 sportscars man. Don't give it away to needy kids. What's wrong with you?

I may follow you but only after establishing myself. With one million dollar worth of bitcoin, I can multiply it into 10 million or even 100 million in up coming years. From the 50% of it, I will start a business from the profit I will donate on monthly basis, yes regularly.

That's logical. If you're here to make money on crypto and you win a million then you have what you came for, why hang around. lol

Investing all the money of one million dollars will get you even 100 folds return for sure. From that, doing donations must be a wise idea and must be appreciated. But people forget their intentions once they become more established in terms of financial capabilities.

For me too, one million dollars are not enough to make a business for life long earnings.
Bitcoin must be the good returning investment opportunity for modern generations. Instead of buying gold or investing into real estates, bitcoin must be a better option to invest big money like one million dollars.

Oh it is a way better option my friend.. We will all look back in 25 years and most of us will be slapping ourselves.

Given the average age of this forums membership, I'm pretty sure most of us are slapping ourselves in the shower every day.

I am an investment person, however if I won one million dollars, I would only invest about 50,000 or so into BTC.  I would invest the rest into buildings and business purchases.  BTC is promising but the profit that can be made is to minimal when it comes to comparing it to property investment or such.

Honestly speaking I wouldn't spend more than 20% of $150,000 on bitcoin.Given the volatile nature of bitcoin,I would prefer to diversify my investment.

If I won a million dollars than I will just buy so much bitcoins when it is 200 dollars again.
When it goes high to 5K than I will just sell it all.

Hahahaha quite true

I would split off approx 100,000 USD into bitcoin, another 50,00 into some 'long-shot' altcoins, pay off the house,, and live on the rest happily :)

I wouldn't but any Bitcoin only because there would be no point. I'm set for life, so there is no need.

I would buy many bitcoins and keep it safely for 4-5 Years and then at the most,  sell it at double price.

Whats with all these questions? Are yall geniunely interested in how much bitcoin i would buy? Not just this post, i mean questions like these

I will invest $100.000 for bitcoin. Since the price will rise eventually
The others I will use to invest in houses, apartments, or buildings. House prices are rising like crazy these days :D

This is a good question, I would think about 100k worth of bitcoin I would like to have to store away and then may 50k to trade against alts to see how I get along.

It is always good to diversify your portfolio, but be careful with investment in property. Yes, property in the right area can be a good investment, but there are many hidden cost

involved with property. In my country we have to pay land tax and capital gains taxes, when we sell property... that will eat some of the profits. You also have to pay the

utility bill and keep the property secured. Apartments come with levies and rent income increase your annual tax liabilities.  :(

Good idea but  I think it will take only one or two years for the value of Bitcoin to be doubled, but you need to do a proper market research before investing anywhere.

I would buy Bitcoins of 700,000 $ and will hold them at least till the end of this year at least.With remaining money I have to do other things.This is one time chance in ages to make or finish.Bitcoin is very undervalued and make my way to be one of the top elite after the rise of price.

If I win lottery I will invest 500k $ in Bitcoin immediately at current prices.I will put my Bitcoins in cold storage for couple of years to see where it really takes me.I will take maximum risk on this winning money by holding for long term.

I would buy a lot of bitcoin , and I'm going for the 3 parts of the bitcoin
1. I will play to add bitcoin bitcoin trading them.
2. I will invest in the long term and short term .
3. I will donate the bitcoin to pantiasuh and managed by them , in order to produce and can also make their daily expenses

Maybe buy bitcoin with all the money and hold most of the coins. Use some in the mean time to help the community.

I don't see any reason why anyone would buy Bitcoin with their money, like there are so many better investment alternatives.

100k worth of bitcoin, then find a hedgefund with a buy in of 500k, use the remaining 400k in the stock market and keep on chugging through life.

I would buy 10k bitcoin and make my own gambling site. I prefer dice. I think 10k btc is enough for investment.

i will buying 10.000.000 bitcoin then i share it to all of my friend and family ::)
then Im the 1st bitcoinrchlist  8) :D

I will pay for the house first. Spend the leftover 50% on PrimeDice gambling on low risk, low profit methods. If I win I will sell the Bitcoin I bought and invest the leftover Bitcoin. The other 50% leftover in fiat will be going to a trusted and high interest fiat bank.

If I won a million dollar from fiat lottery (which is kinda impossible since I dont play lottery), I would spend like a quarter of it to buy Bitcoin and hold onto them for a long time - wishing to become a billionaire.

Obviously, you don't realize how little a million dollars is in today's economy. Maybe you're a pretty elderly person, and will only need to be living a little while longer, but I doubt that. Even if that were the case, you would be living very minimally for the next 5-8 years, at best. The fiat system is continually inflating and prices for your average everyday purchases are going to get higher as you go about life. This is why people invest into assets so you can protect and store you're wealth.

One million dollars could've made you retire for good back in the 50's or something like that... But definitely not now.

I think I will only spend 5-10% on bitcoin (that's a lot already!). The rest will be used for buying new house and maybe a small car. 1 Million is actually not a lot nowadays...

I will not put all my eggs in one basket there is no certainty on all our investment i will invest 30% of my million to bitcoin I know that it's a good investment and will yield a good result in the future and 10% of my million to other coins will pick all those promising coin who knows they could be worth hundreds of dollars in the future too

all of it.

I'm buy about 300K and probably buy a popular bitcoin gambling site or maybe create my own and earn more with it. I've always dream of having an online business that will last. while I can enjoy the earnings it gets for the rest of my life. Investing in mining hardware can also be my option as well but this is if I can  set up a solar panel that can generate enough power for it.

if I have a lot of money, I would buy 100,000 BTC for long-term investments and for my future when I've retired 8) 8)

will invest it 30%...and the other is maybe going to build a new busniness, buy a house, car, build a mall, apartment
and many more good things for the future...

I would have to say that I would invest the whole thing into Bitcoin.  Could you imagine having 2,500 bitcoin when the price jumps up to $1,000 per coin!!  That would be a great day!! 

I would like to invest 50% of the winning amount and rest of the amount will spend to improve my living style and will go to the world with my girl friend to enjoy the that relaxed days.

I would best at least 30% on bitcoin.
Giving the market some boost with my newly acquired funds.

Before bitcoin, I'd first buy BitcoinTalk. :)

buy with 400K$ bitcoin and use  250K to buy a car and a house the rest for spending or doing some project like small factory or something like that

With that arrangement, you will still be a millionaire in  a few years time. It is very wise decision.

Let's see I win 1,000,000$.

Then I have to pay roughtly 60% taxes, so i`m left with 400,000$.

Then I can choose weather to put that in a bank or some other investment, which would be foolish.

I`d put 50,000$ in bank, 50,000$ cash or some gold coins, and the rest of it in bitcoin so 300,000$ in bitcoin so 660BTC

I'll buy Bitcoin with 500.000$ of that but I won't buy altogether. I'll expand it to 3-6 months to buy and decrease my risk of buying at top levels.
That's just a fantasy, I never play lotteries so I won't get a million dollar by a billion chance.

If i buy all the $ does it going to have an effect to the price market? Then if yes after a day you will get good profit if you sell them on the next day.

Dependin onthe price. If I had won today I provably bought half a million bitcojn and stuck them in different wallets then wait for what will happen in the next halving. :D

Id buy about $50000 worth of bitcoin, and hold it until the halving. But if bitcoin drops anytime before that, I'll spend another $250,000. Sure profit  ;D

I would spend 25% of 1 million dollar to buy bitcoins.Rest I will invest in real estate and buy some agricultural land for farming.I would also give 2.5% in charity

all of them depends on the price. ;D
of course if you bought all of them quickly, then you risk you lose your funds in the rate. ???

Maybe 20%, the rest goes to buying a great house and all the other stuff millionaires buy.

If I was lucky enough to win one million on the lottery I would more than likely make a investment into bitcoin of at the very atleast a quarter of a million the rest I would probably leave until I had a quarter of the fiat left and maybe invest some of that

A million isn't much these days. It may not even be sufficient to buy a medium sized apartment in a top city.
You will be better off trying to multiply it before buying yourself a house.

I would put 50% in Bitcoins, and the other goes to long term investment.

I will use 15% of my money to buy bitcoin and save them for investment

Bitcoin's daily trading volume in terms of USD is around $39M! Suddenly you injected $1M into the market, add extra 2.5% capitals. If you spread then in different exchanges in a few days time, I don't think it will have much influence on the price.

Even if it does have an effect on the price, the price will start dropping when you try to sell.
You will end up right where you started.  ;D

On winning a million dollars..
I will buy 100BTC and then will trade from that..
And will buy 100BTC and will invest on cloud mining..
And then live a life of a happy man..
And will carry on btc trading as an side business with my own designing job..

i will buy btc for 100 000$ and will enjoy with them :)

I would buy 2100 BTC, which right now is about that (943.100 USD in preev.com). My current goal is 21, so that would be 100 times more. Why 2100? Well same reason I go for 21, it's just the magic number of the total amount of Bitcoins to ever exist, it feels good having a good stack and that number seems like the best to aim for long term.

If i won a million dollars i would buy 200 bitcoin, 100 bitcoin for long term investment and 100 bitcoin for short term investment or trading, i can make much bitcoin or money by trading bitcoin to the fiat or opposite, and the other money i would build my own startup and buy everything i want

I may be silly enough to buy a million of dollars of bitcoin but would probably only invest 1% in bitcoin. 1% in 10 to 20 other altcoins and the rest of the money in stocks or other investment schemes to stay diversified

If I won a million I would spend 50k$ a week until I was sitting with $300,000 in btc. I'd be comfortable (right now) with that much invested with the market in its current state.

if i won 100 million dollars i wont buy any bitcoin anymore,
i can live a happy life,i can do whatever i want,
but if the winner is a bitcoin related person maybe 1/4 of his winnings he will buy it for bitcoin.

I think I would buy bitcoin little by little at different exchanges. I wouldn't spend it all on bitcoins though. I would make sure to pay off all my bills as well. I think that if I spend at least 1 quarter of a million on bitcoins, I should have enough for my future retirement.

if i won the lottery i will buy bitcoin with half of the lottery prize and keep it in cold storage hold till the price rise up

If I had a million dollar I will just buy 10.000 dollars worth of bitcoin and just hold it for the future. The another money I will just go for vacation I think and with family. I won't just care about bitcoin when I am holding my bitcoin.

If You Won A Million Dollars I would buy at least 150BTC to hold them for few years and if it start increasing i would invest more and more in bitcoin.

if i won a million dollars, i will spend 1/2 of my money to invest on bitcoin
before buying bitcoin, i will wait for the price go down first and buy a lot
estimated 50~150BTC will be enough ;D

There was no question that asked what you would do with 100 million. The question was if you won 1 million dollars. With that sort of win it would be nice but in todays climate it would not be a happy ever after unless you invested well. Mortgage to pay debts to clear, some cash for children and family, holiday and car you won't get much change. I would do the above and whatever was left I would invest in bitcoin and a few others and continue to work. Life goes on.

All of them!.. I don't need any btc for appr. $450 for now... I want a btc for $100.000 in 10 years.

Btc price will increase to the space in ten years!..

It's not so much for holding cash for children and family, it's more about getting everyone out of debt and have enough cash stored away in case you were to get in debt again.  Like the OP said, if you were to to only win 1 million dollars, not 100 million, there's a lot more wiggle room to be had with 100 million.

So if I had to give a direct answer to the question, I would like to say that I would:

1) Buy $10,000 worth of Bitcoin (roughly around 21 BTC)
2) Buy $80,000 worth of Gold
3) Buy $10,000 worth of silver
4) Get out of debt (roughly around $100,000 which includes mortgages, credit cards, student loans, etc.)
5) Keep the rest of the $800,000 on hand and use it wisely.  This includes keeping the same house, car, etc.

I feel like this is the most logical way to make sure you have some wealth in assets as well as being able to pay off debt and being able to pay bills for a while in the future.  Definitely wouldn't enable me to retire with only 1 million.

For me i would only use 10% for bitcoin.
The rest would go in an investments and real estate.

Right now i find bitcoin to instable to invest more then 100k

I don't think transferring hundreds of thousands of dollars to an exchange would be easy and by the time you got it there I wouldn't be surprised to see the price going up before it was made available to you(insider knowledge).  You could probably buy up the entire market if you won the powerball right now.

Love this question. I am assuming after taxes I have 1 million.

I am buying 900k in bitcoin. I need 100k for some other things.

I will buy $100 k in Bitcoin, the others will be used to buy shares, funds, real estate etc to diversify my investment.

ddos attack to this server until end ;D
sorry i have that money and friend in belize gov..

I will buy 500k of it .

It is time to raise  ;)

I would get just 21 BTC and become part of the 1 million elite. That would more than enough if eventually Bitcoin gets to be a mainstream commodity or method of payment. I may buy more down the line but that would be my starting point.

If you've "invested" anything into the recent powerball, it is entirely possible for you to be able to do all these things to whatever extent you feel is needed.

I'm not sure how big the user base for these services would be, but it would be possible to prop it up for a while with even a million dollars, or until it starts becoming self-sufficient.

WELL 90 % of it i would change my life the others 10% i should invest at bitcoin and make atleast two games based into bitcoin,since for me bitcoin is and will be worthing much more then todays,soo one of the best services is games that all like to play.

Spending some money for btc mining tools is very good idea for it.  8)

A month ago I still had some hope that the governance issue could be worked out, and I would have said...

1/4 Land
1/4 bitcoin
1/4 Gold & Silver
3/16 Special Projects
1/16 Cash

Now, 1 month later - I'd do the same, except the Bitcoin allotment I would drop to 1/16, and put the remaining 3/16 into a "Ready To Move" Bank Account, and I would be.....

1) Watching carefully the Bitcoin Environment, and prepared to Exit that 1/16 quickly if needed
2) I would be ready to pull trigger to jump into a new Fiat Crypto that I think is now more likely due to Bitcoin's potentially looming confidence crisis/failure.

Bottom line is that the odds Bitcoin doesn't make it are up due to eroding community trust in governance.  I am giving Bitcoin less than a 50% chance of making it for first time.

Half a year ago I would buy 500k when bitcoin was 230 and now I would be a millionare)

I would prefer to diversify my money in several assets, and perhaps I would buy some bitcoins gradually, starting with 100 btcs at the current price.

0 (Zero).

IKR!
Would retire immediately, lol.
1 million is more than enough to retire.

Not really, its not that much money if you want to live a confortable life. YOu would need at least 10 million to be so.

if i won million doller then i will buy only 10-20 btc only because to save btc in wallet sometime not much profitable as we expect. since the value of 20 btc is not less . i will invest  my btc at 10 to 20,more reliable investment sites and,and then i will earn daily some btc .
and second thing is that i will became trader  and try to increase my amount of btc and will try to earn more and more money.

The 90 / 10 ratio is quite healthy, good thinking!

I do hope that by changing your life you do not mean buying expensive cars and blowing your money like no tomorrow? The biggest challenge of handling large amounts of money if you didnt have it before is spending it wisely.

If you are left with 10k usd bills every month because of the stuff you bought, you'd be surprised how fast your 1 million is gone.

I would take $900 000 of that and pay my credit card debt. Nah, just joking. ^smile^ Seriously, I would pay off my debt first, because the interest on that debt is way more than the interest I would receive, IF I invested it. Then I would buy some bitcoin and also go on a paid holiday for the first time in years.

During this time, I will decide what I would be doing with the rest of the money.

I would buy btc worth half a million

I feel like i need to hold more of my networth in bitcoin % wise the poor i am to have a better chance of making it turn into something worthwhile. Im pretty sure most people do this.  If i had 1 million bucks i would probably put 10% in bitcoin i guess.

I would buy half of the gifts I get, if I get $ 500,000, I would buy bitcoin with half of my prize is $ 250,000, it would probably be the capital to the Internet, while the rest of the capital for my business I'll make in the real world  :)

75% from which 15% would be keept in major altcoins and 10% held to buy future promising altcoins.

I aint got no debt, so I would go half fiat, half Bitcoin, live a frugal life off half a million fiat while I store my half a million dollar BTC portfolio for like 5 years. That should be enough to live in a perpetual vacation.

why do you need a million to start a biz? :)

I think it is good idea to accept bitcoin in your online business. Also pay your employee with bitcoin if they like it.

I'd use it to get to 2100 total BTC and continue to work as to not get bored.

i am sure, most of you will not buy many btc, if won 1 million $, most of you will buy several btc to enjoy with tham

I would invest just 50K into bitcoin. When the price is back to 300 dollars. I would add 150K to this amount.

The rest of the new money will be used for investments and ventures.

If that happens that I win a million dollars in one night I will just buy 250K dollars worth of bitcoin of 300K.
With that I will just hold it for a long time that the price increase. Of course I will watch if the bitcoin price is good to buy.

if i win a million dollars i will buy as much bitcoins as i can and hold it for the price getting high and make then another profit

If I won $1.3 billion I would convert it all to bitcoins.

Then buy a large island and turn it into Bitcoin Island.

when i read the post, i thought it was talking about the $1.3 billion dollar lottery in the U.S. If i managed to somehow win that lol, i would only end up getting around 500m due to taxes and such and i would spend atleast 50million from that amount on bitcoins. im pretty sure this would cause an uproar in the price aswell.

Well, if I won a million dollars, I'd buy $400k worth of Bitcoin and spend the rest of it to buy a new house and anything that I want to buy.
Perhaps, I'll donate some to the charity as well. :)

I would buy 300k worth of bitcoin and with the rest I would buy a house and save the rest.

If i won a million dollars, i will spend my money into bitcoin up to 50% of my money. it's depend though. if the future of bitcoin is quite good. maybe i will invest more in bitcoin.

I like to gamble, So i would go All-in with bitcoin.
Yes not, 10%, 25% or even 50%.

Best case scenario, a lot of profit.
Worst case scenario, 20-40% loss.

One thing i would do besides invest 10% at bitcoin would be with maybe 3 or even 5% of it open a company to make games online based into bitcoin,like travian and others of that type,in the medium time it would became profitable,and would bringing interest into bitcoin.

I would not gamble, I would rather prefer to hold my dollars with me until the price of bitcoins fall down, as I don't know when I would win million dollars, but if I win and at the same time the bitcoin value is also in millions then there is no point in buying bitcoins, so for me it totally depends on the value of bitcoins or else I would switch to some other investments where I would get maximum and fixed profits.

if you go all in how can the worst lose be 20-40%? Lol rip math

That's a winner mentality really. All points to things doing great this year, so I would probably say fuck it, let's do it, and would go all in, then cash out like 30% after the massive pump that will happen in about June, and buy back even more BTC once the price settles. Repeat this during every big halving pump and end up with more BTC that I could ever count.

He's thinking that BTC won't all of a sudden collapse. It's not a terrible idea. If you won the million dollars, you didn't really earn it and won't feel too badly if you lost a portion of it in a volatile investment. On the other hand, if BTC price takes off, you'll look like a damn genius!

The thing is, is that you won't be getting the full 1.3 billion in a lump sum payment form. You have taxes to deal with and the local state tax if their is any (only certain areas have no state tax). You have the option to get pretty close to the full amount if you take the annuity option and get paid a certain amount of the total prize over the course of 30 years... But if you think like me, that's a risk, because who knows what the inflation/economy will be like in 30 years time.

Another problem you would have is actually purchasing that much in a big buy like that. Sure you could maybe wire some money to an exchange, but their would be laws to deal with when buying that much crypto.

Are you sure you would put so much into one thing in one shot? That is not a good thing to do cause if it fails you are up the creek without a paddle.
I wouldn't buy so much as most are collecting bitcoin to cash out in fiat anyways. Unless you are the hardcore enthusiasts saying that bitcoin will never die, and we all know that nothing last forever and is stable in this world. This little thing we call reality does play a role there  ::).

That's great dude. I will buy 50 bitcoins for my future savings and other money I will invest in my own business to gain the profit. If I have balance more I will buy a house as well.

I will buy 500k of it .

It is time to raise 

But if I win millions of dollars, i wont buy BTC actually, rather I will try to keep them as USD and wait for BTC to drop a little bit it seems like so, once it drops, I buy worth 66% of the million dollars I won ;D

50 bitcoins is the good amount to hold as it can be a great future investment, but rest we need to diversify our investments by investing into some other products too, like gold, usd or real estate which can give us good returns in the coming years, relying only on bitcoins won't help so its better we invest into multiple products.

If the bitcoin price keeps on rising, you will never buy it and you will miss the future rise of bitcoin. So that is not a good strategy.

one milion dollar is huge amount,i wish someday can got it ;D
i will spent it for ope any store,invest in some thing,like gold or property. and of course i will buy bitcoin,not too much,jus 10 Bticoin,i think its enough for me.

if i won a million dollars i would buy as many bitcoin i can to become a big whale in bitcoin market and then change the market to my likings which is always towards the top #evilplans

Because of taxes, I would only get roughly half that, so I would only at first invest a few thousands, like 10 or 20 thousand. After a bit, see where it goes. A lot of people who win that much money often spend it really fast and become broke. I would never let that happen! :P

not much I would buy 100 bitcoin.

I would buy btc worth 0.1M USD...and 0.05M usd will be stored in cold storage...
And another from another  0.05M usd i will trade...
And thein Voila... life is cool...will earn more smoothly..

If I really win 1 Million Dollars I will not buy Bitcoin at all as I am buying and will buy Bitcoin just to have money.If I already have then will invest that money in different parts and will pay attention to grow my business well.

This one is really amazing one.Actually it is true too and after reading this I would say same I will invest just $ 50k and with rest of money I have what to do.

That's good. I would use all my money for bitcoin but most of it would go to bitcoin.
Then i use a part for savings and life on the interest of my new founded capital.

Where did you say gambling?I said i would hire developers and coders to make games like there are : travian,ogame, games for free where players can purchases boosts....and believe me these places making a good income montly,even being other kind of games .

You guys clearly don't have a wife. I'd buy a house, that's it.

I believe most of them who posted here are under age , so they never feel how own a family .
So they prefer to Squandering all of it, also op ask us how much bitcoin would we buy then .
First yeah a livable house, and the rest for investment on bitcoin, gold etc.

20% I'll use to buy Bitcoins and the rest will be used to buy a decent house, a car and save something for the future of my kids and my self like a pension plan maybe.

You could buy a house now or castle after 2 years.

Of course i you trully bealive btc price will rise  ;)

I would probably invest 20% in Bitcoin and other crypto-currency, a little bit to my loans and save the rest in a fixed deposit and generate some extra income.

How would one even buy that much btc if one wanted to.  Coinbase/Circle only allows up to 3k i believe and it takes a few days.

Cleared 1 million after tax, in order...
Most of it: Real Estate.
Form a charitable foundation, precious metals.
What's left would be invested in private business, stocks, held in banked and unbanked cash reserves,
and an ever rotating amount of bitcoin.

You could buy through Localbitcoin, if you can get hold of people willing to sell that many or you could approach people on this forum or you could attend Bitcoin meetups and get to know some people and find a trustworthy source. I would suggest buying in smaller quantities over a long period, and not everything in one transaction.

This will lower the risk of you losing all that money to a scammer and a thief. If you buy from several sources you will stay below the radar.  ::) A million bucks will surely draw in the scammers.

Re: Real Estate...

What do you think will happen to real estate when the baby boomers all start retiring...(which has already started)?
Many will be going to old folks homes or downsizing to condos.

That's a large amount of people taking their money out of an industry.

That is the right thing to do, as you cannot only depend on bitcoins, it is better that we diversify our investments, and as such we are not sure about the future of bitcoins, whether it will survive or not, if I win million dollars, I would surely quit bitcoins and enjoy rest of my life with dollars.

It will be a large amount of people moving their money around an industry.

There are tons of variables within any local market. So while real Estate is "A" market, I
 wouldn't apply trends blindly across "the market".
An example would be: Boomer homes in well established neighborhoods being sold in Silicon Valley will be gutted, rearranged and  so on.
There are drawbacks and opportunity in every market.
P.S. give us another 10 years (maybe less) to forget this past real estate disaster and another 10ish to be in full bubble mode again ;-)


Also, I will most likely be investing in more income producing properties.

If i won a million dollars i would buy 200 bitcoin, 100 bitcoin for long term investment and 100 bitcoin for short term investment or trading, i can make much bitcoin or money by trading bitcoin to the fiat or opposite, and the other money i would build my own startup and buy everything i want

If I won 1,000,000 dollars, I would invest only 5% in bitcoin because of the scaling dispute & brawl.

great point! :)

If i won a million dollars i will buy a big house for my family, buying all high end gaming utilities and gambling everyday using my money. because i addict to gaming and gambling.

buying a house is good and buying all high end things you want is also good, but gambling, I think its off. it will pull everything.

I will definitely sit on bitcoin that i bought after buying what I need. who knows, price might rise very high..  :)

if i win a million first i would buy a house bcause house is also a investment for a future, thinking to build a new business and maybe the others money i will be invest it..i have have extra money ill go holiday with family..
but its all just a wishes that seems not coming true

its a dream,have a milion dollar just dream for now,but its possible when i won lottery ;D and i am will buy 100BTC to fill my wallet,not too much,because i am still worry for the price movement :D

Look at those houses in detroit.

If I won 50k, I'd put it all in bitcoin. All in.

But if I won 1 million, I probably would still put 50k in bitcoin. No more than 100k, anyway.

How much you risk shouldn't just be a simple % of wealth. It should also depend on how much you have, and your earning ability.

I am a poor man, but actually I don't need too much money to be happy; if this moment I were able to get one million, perhaps I would have my future guaranteed and I would need to invest no longer on bitcoins or any other option.

dang that is tough cause I would want to invest in many things
but think I would just about 20k in bitcoin then put things in other
areas and diversify to be safe

Buy btc with the 100k and another 50k on some altcoins like ETH. 300k for the house then invest the others in realty, franchising, etc. We all need to diversify our investments. Some of my earnings will be pledged to support a charity :)

looks like i am not alone, and most people will buy a house first like me :)
a million dollar is a dream and it is going to fix a lot of problems and debts. but after that i will put a huge portion of the remainder in bitcoin.

A very good plan to do for everyone. But for my self if I get 1000 Dollars, I will practice the 2.5 percent for the poor one around me. After that I will buy bitcoin than 35 percent of the money that I got .

Maybe a third of the remaining money will go to bitcoin, a third to other investments like mutual funds, insurance or real estate. The other third will go for my daily expenses. I need this so I can maintain a good life while waiting for my investment's returns.

If I won a million dollars I would invest 30% on Bitcoin as it is a good currency with a huge future a head.
Because I think Bitcoin will go up in range and its get bigger everyday.

If ever i won, i will not buy bitcoins, i will buy mining gear to mine bitcoins, invest in renewable energy..live simple and bank the rest

In case I would win such amount, I would first make it to fiat and withdraw 50% to my bank for my personal spendings. The rest would be just there to gamble more and win more, jut making sure I do not get addicted.

If I still not know about bitcoin, I will invest my dollar for gold and property.
But since I know about bitcoin, I just spend about 10% for BTC ( they still need to be a quite stable investment )

Well, very good question. :)
I really believe in vision behind BTC and like idea about financial freedom, anonymity etc. but still bitcoin is not mainstream and its value is unstable.
If I Won A Million Dollars I will surely invest again some funds in BTC but surely not everything, maybe 10-20 %.
I can like some vision but will not risk everything for it, my life, financial security etc.

I'll make myself a whale and buy an exchange. Wait for btc price increase, that will increase my fiat even further.