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First off, don't announce to the world or your co workers that you won. Don't quit your job. First talk with a financial planner/advisor about your current financial situation and if it's possible to make your money work for you. Pay off all debts. If needed, purchase a new home and vehicle. Take care of any and all medical problems while still employed and covered for health insurance. Once all that has been taken care of, see what's left and how the money is working for you before deciding to quit your job. I'd volunteer my time to the local library if I didn't have to work.
Definitely what you said about a financial planner/advisor. An attorney, too. I read somewhere that it is best to set the money up in a trust immediately. If you are going to buy something "frivolous", take a percentage of the $$$ (I forget what percentage they recommended) and do it, to get it out of your system. (For me, it would be a down payment, at least, on that ideal farm). I wouldn't make any moves at all without talking to our attorney and trusted financial adviser (who I have known for many years and have my 401K invested with).
Of course it depends on how much I won, but for the purposes of this thread I'm assuming it's a large enough sum that you could live off of it for the rest of your life without working as long as you manage it well. In such a case I would most likely not work, however I could consider starting a small business of some sort, like a small bookstore focused on travel writing (travel guides, travel memoirs and language learning materials) or something like that. But that would probably only be after I build my home and find that gardening the days away is too boring.
So my wife is watching The Lottery Changed My Life marathon on TLC and there was a story about a guy who won several million and kept working at his job as a streetsweeper.
While I suppose I don't advocate forcing someone to give up a job, it seems pretty rude to me for someone to keep working when they don't need to. Some other unemployed person could really use the job and I am sure the lottery winner could find something else to do (charity work, for instance).
I'm hoping to be working as a pastor in about 6 months. If Publisher's Clearing House showed up at my door next month with a check for $10 M....I'd likely still seek a job as a pastor.
Do what you want to do and you'll never work a day in your life.
So my wife is watching The Lottery Changed My Life marathon on TLC and there was a story about a guy who won several million and kept working at his job as a streetsweeper.
While I suppose I don't advocate forcing someone to give up a job, it seems pretty rude to me for someone to keep working when they don't need to. Some other unemployed person could really use the job and I am sure the lottery winner could find something else to do (charity work, for instance).
Maybe he gives more to charity than he makes. I really don't care what he does. He won the lottery. Good for him. Now do whatever you want.
So my wife is watching The Lottery Changed My Life marathon on TLC and there was a story about a guy who won several million and kept working at his job as a streetsweeper.
While I suppose I don't advocate forcing someone to give up a job, it seems pretty rude to me for someone to keep working when they don't need to. Some other unemployed person could really use the job and I am sure the lottery winner could find something else to do (charity work, for instance).
If you like your career you have every right to stay in my opinion. However I suppose it is "nice" to give up a good career to someone else
So my wife is watching The Lottery Changed My Life marathon on TLC and there was a story about a guy who won several million and kept working at his job as a streetsweeper.
While I suppose I don't advocate forcing someone to give up a job, it seems pretty rude to me for someone to keep working when they don't need to. Some other unemployed person could really use the job and I am sure the lottery winner could find something else to do (charity work, for instance).
Unemployment is the cause of government's anti-business policy. If government just leave free market along, then those who want a job will have a job. There will be up and down in business cycles, but it will not be spanning multiple years.
So my wife is watching The Lottery Changed My Life marathon on TLC and there was a story about a guy who won several million and kept working at his job as a streetsweeper.
While I suppose I don't advocate forcing someone to give up a job, it seems pretty rude to me for someone to keep working when they don't need to. Some other unemployed person could really use the job and I am sure the lottery winner could find something else to do (charity work, for instance).
Of course they should work. When one has no focus in life, the body and mind can deteriorate.
"Several million" can go away fairly quickly for someone who is irresponsible.
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