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Author Topic: What are five things you will do if you win huge amount of money??  (Read 492 times)
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November 01, 2022, 04:17:19 AM
 #41

I'd actually do three: donate it, invest it and spend it.

If we were talking about $1M, I would donate at least $100k, invest most of it, like $750k probably split between RE, stock market and Bitcoin, and the rest I would just splurge. As my net worth grows, I expect to donate more and invest less, so if the big win were a few years from now, the ratios would probably change in that sense.

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November 01, 2022, 05:46:56 AM
 #42

Invest in properties.
The common need of a person or a starting family will be a roof above them. I have seen it here in our place, the sudden rise in property prices in just a year. Range of $2000 - $3000 per year and that depends on how fast the number of people who lives in and the faster the establishments are built.

But I doubt I will win that big in gambling, I don't really go for high-risk, high-profits kind of games. I am stuck with being in the safe zone but I do enjoy it.

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November 01, 2022, 06:02:23 AM
 #43

Main things I do when I make big amount of money,
returning most of money back to investment options like crypto and stocks.
Buy myself computer parts like cpu/gpu
gift my mum some kitchen appliances she always need (I lately bought tv, ipad, fridge and xiaomi mop thing for her)
I would leave some money to keep gambling as all do. Gambling is not always about winning, its about experience that we get. In other words, even if you are millionaire through gambling, nothing will be able to stop you from playing. Maybe only except your wife or mum. Hahah.
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November 01, 2022, 06:57:12 AM
 #44

If the HUGE in question can really change lives, it will focus more on investing in Bitcoin, Property, Stocks and others that can provide good returns for at least the next 5 years.
However, players with small bets will find it difficult to get them except in the lottery or parlay bets with a very large number of matches selected, because how much the amount that can be won will depend on the number of bets when playing casino games.

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November 01, 2022, 07:49:27 AM
 #45

What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business? 

5 things? I think I have less things to do for this case, they are:
1. Keep it in my saving/bank account for future purpose
2. Spend it some to build a business or to improve current business
3. Spend some to travel to other countries with my family

I do not choose to buy a car or house because I consider it as a secondary needs. On other side, I have them already so there is no need for me to buy new car or new house.
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November 01, 2022, 07:54:34 AM
 #46

If ever I'll win a big amount from a bet, I will allocate the winning prize appropriately so that I won't regret in the end.

I'll probably allocate the 75% of it in investments. The remaining 25% will become emergency fund and savings. Of course, before doing so, I will research profitable investment that I can put my money to in order to profit. The first thing I will consider is buying a lot and building an apartment I can let people rent. That way, I'll generate profit passively. Next would be building my dream business. I'll also buy some things I need such as a laptop or computer to be built in scratch with a suitable specifications I intend to use it for which is trading. Next would be giving a portion of my winnings to my family. So they can start something and stand on their own. Lastly, give back to the less fortunate. Since It is by luck and being blessed is something not entirely my own doing, I'd be glad to share it to those who are in need.

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November 01, 2022, 07:59:24 AM
 #47

What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business?        Let's discuss about it together.
since I am a casual gambler it is unlikely I would get that "huge amount of money" from online casinos, so the only way I'd win a lot of money is from the lottery(which I still play). anyway, I would definitely treat myself, pay the remaining balance on my house so I would finally own it and if there is still left on the money I won, I would invest a portion of it on bitcoin and save the rest. I would also love to start my own business.

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November 01, 2022, 10:18:30 AM
 #48

What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business?        Let's discuss about it together.
I can't say what I will do with the money until when I win big,sometimes what we say we would do when we are expecting money turns out to be the opposite. It depends on how big the money is,

1. I will setup a business
2. I will give some of the money to charity.
3. I will build a church for God.
4. I will build a house for my family.
5. I will invest in Bitcoin.

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November 01, 2022, 07:34:09 PM
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 #49

What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business?        Let's discuss about it together.
Five things I will do? Plain and simple. Invest, invest, invest, invest and buy. Winning a large sum of money, just enough that I wouldn't have to worry about my basic needs anymore will allow me to invest in more ventures than I could possibly do with the current money I have. So I'd take this opportunity to invest most of it in assets with high potentials for growth! Additionally, I'd save a significant portion of it as well to serve as my emergency funds, because you wouldn't know when the next recession's coming. Ultimately, I would treat myself to some fine things. Part of the fun of having a lot of money is finally being able to afford the things you would normally just wish you could buy, so I'd buy. I could help a couple people get back up their feet and jumpstart the successes of their lives, but that's not really as big a priority as the ones I have stated above.
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November 01, 2022, 07:39:06 PM
 #50

In my case I will do the following:

1 - I would buy a house (preferably a house that was not too expensive, something cheap but beautiful and newly built)

2 - I would buy a car, also the car would be something cheap and preferably not consuming too much fuel

3 - I would buy land to raise animals and do agriculture, plant corn, peanuts, and many other things

4 - I would invest in some companies with good growth potential

5 - I would open a transport company

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November 01, 2022, 11:37:51 PM
 #51

What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business?        Let's discuss about it together.
Winning big amount of fund should not be for buying cars and eating good food or buying clothes. What is import is to invest the fund in a business that will keep bringing returns since the world is in a big recession and things will continue becoming hard for everyone and if we don't invest, we might end up becoming a victim of circumstances going backing to the level that will really tell on us.

We are always having an opportunity to be a better person but we can only be come a better person when we thing and try much to settle our problems and stay focus not allowing poor mindset demoralize us.

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uneng
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November 01, 2022, 11:59:26 PM
 #52

1. To purchase a vast and rich in natural resources piece of land.

2. To buy a modern and confortable car.

3. To travel to another regions in my country and to another countries in the world in order to know the local cultures, nature and people.

4. To give part of the prize to my family, so they can use it as they wish and for what they desire.

5. To invest the rest for future plans, although it is not advised to hold money for too long.

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November 02, 2022, 01:21:34 AM
 #53

If I were to win a bunch of money by gambling I could easily find more than five different things to do with my money lol.  But the main things that I would focus are on number 1 : investing.  I'm a financial advisor and I know how to invest, and I'd sock a lot of it away in many diverse investments.  Depending on how much money I won, if it's was a shit ton, I'd also become a venture capitalist as well as open an animal sanctuary.  Doing that is my biggest dream of all.

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November 02, 2022, 03:31:47 AM
 #54

What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business?        Let's discuss about it together.
I don't want to overuse the winning money. Maybe I'll use it to buy a house first because that could cost half or even more of the winning amount. After that, I will first calculate how much money is left, and if there is still a quarter of it, I will divide it again into several parts, such as saving in the form of savings, gold, and even crypto. I will also prepare some of the funds to back up daily expenses. For others, I may invite my friends to open a new business and try to work with them.

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lienfaye
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November 02, 2022, 04:13:24 AM
 #55

What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business?        Let's discuss about it together.
Well, I do hope it can really happen in reality and not just a what if. Anyway if ever it happened, these are the things that I will do.
1. Buy a house and lot for my family.
2. Invest in real estate, gold and crypto. This is to secure the future and will work as my retirement plan.
3. Save some of the money.
4. I'll get a life insurance for all the family members.
5. Help others through donation.

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November 02, 2022, 04:27:45 AM
 #56

I don't need to have 5 things because my priority is  investing , meaning of happen to see this coming ? I will Purchase as much bitcoin that i can .
this will be for holding at least 5 years or more , I will only use half and the other Half will be for My Wife to decide , because I know She knew what to do from that wins.

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November 02, 2022, 04:33:47 AM
 #57

Look for various investments. If I didn't know jack about finance I'd probably squander my money away buying dumb stuff but since I managed to get a bit educated on that part, I'm more on trying to figure out proper ways of investment. I'd also properly settle stuff I need for my retirement even at an early age, I'd rather stay away from leaving it sitting still in my bank account doing nothing. I won't deny that I'd splurge a part of it though, just that majority of it would be for my future retirement, plus some separate funds for donations possibly.

 
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November 02, 2022, 06:24:31 AM
 #58

You said 5 things but you only gave out 2 in your example but anyway, I think the 5 things that I will do if ever I win huge in gambling is that; 1) I will buy the things that I always dreamed of. 2) I will open a saving account in the bank aside from storing most of the money in a hardware wallet and online wallet. 3) Is I will share some money to the people that I know. 4) I will open up a business and lastly 5) Would be, playing gambling again on that same casino where I win big.

It's not that I am greedy and looking for more wins but I always do this whenever I win big or small amounts. I am only returning the favor to them. This acts as a support.
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November 02, 2022, 08:18:33 AM
 #59

The amount of money I won will determine the line of action I will take. But firstly, I will start by helping the poor people around me, those that need shelter and food. Secondly, invest in bitcoin for future purposes. Thirdly, will buy landed properties, and settle each of my family members. The rest of the money remaining, I will use to go into the oil and gas business. After doing all this, I will never go broke ever again in life

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November 02, 2022, 08:24:41 AM
 #60

What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business?        Let's discuss about it together.

I would probably distribute this money and invest in equal parts in order to receive a stable income. I would not buy house, I would continue to rent, but only in the best area. Perhaps I would change the car, although I am not very picky about this. Most likely, I would move to live in another country, where it is warm most of the year. If finances would allow me, I would like to help volunteer organizations, perhaps those who provide assistance to orphanages.

 
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