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A million dollars....300,000 goes to tax and other government requisites
700,000 USD is deposited in your account
What would you do......Leave your job, start a business, buy real estate and bonds, invest ?
I would take a vacation and enjoy for a couple weeks while we talked about what we wanted to do with the rest of our lives. It would be important that we both agreed and decided what to do together as a team.
Definately won't be leaving any jobs. I would wipe out my credit card debt and car loans first. Then place some of it in some low risk investments and save the rest. I would probably aim to use a good chunk for a possible down payment on a house someday. And yes I may go on a vacation, get some performance mods for my cars, or just splurge a bit, but I would definately not go crazy.
Oh and I would definately demand anonymity when I collect my prize. No need for old "friends" to be suddenly coming out of the woodwork telling me some sob story to try to get their hands on the money.
Pay off debts, take some trips, fight to hang on to the rest. If it were $5 million, make some investments, hoping they don't go bust. From what I have heard about lottery winners, it is a fate I would only wish on my worst enemies.
I'm close enough to retirement age that this would definitely be "FU" money for me. With my other savings, more than enough, in fact.
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