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OP here, love reading the responses.
I especially appreciate the PP who broke it down by amounts. Yes, I know life would change, but given two kids in high school who insist they do not want to change schools it means we are in this neighborhood for four years & I would still be a parent waking kids up for school. Meal planning and cleaning though / that would be outsourced and I would work out a lot! I'd love to create a trust to donate to my high school and universities. I would love to help people in need and really make a difference. |
| Do people who say before winning that they want to donate a lot of their winnings actually do that after winning? |
| Filthy lucre. |
I would. But I donate 10% now, and I'm not rich. (I started doing so years ago when I read a Suze Orman book that said no matter how little you make you set aside 10% for giving, and I have followed it ever since.) |
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Put most of it in a trust.
Give away 20%. Personal help that is invisible to the kids. So personal trainer? Yes. Secretary? Only during school hours. Professional organizer? Only during school hours. Personal chef? Only to give my cooking lessons during school hours. If you let your kids see you outsource everything, they well do the same. Once they go to college, we’d add lawn service and weekly cleaning. Decorate my house. I’d love to work with a good designer. But the best tools available for a hobby I currently can’t afford to pick up. I’d keep my job, so the neighbors don’t know, but with less than full time. |
| My husband would have the kitchen he dreams of. College would be paid for for both kids. I would get solar panels. |
| Mega Millions should be $1Trillion |
Nope. $2B and that's even ignoring the logarithm utility of money. |
| My state does not allow playing. |
| Well, I didn't win. So. |
They really need to stop requiring this. It’s a safety issue. |
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I would donate all but $5million to the STXBP1 foundation. My 4 year old son has STXBP1, a genetic disorder that usually happens randomly in utero. DS didn’t inherit it from me or DH.
There was recently a study in mice where they used gene editing to completely cure the mice. Like the put a healthy copy of the gene into a virus and put it into the blood stream of the mouse and the virus went into the brain and healed the mouse!! Clinical trials start next year. But in general, these gene therapies are expected to work on kids ages 5 and under. It’s crushing me to think that a cure might come just a few years too late for my son. He has severe epilepsy and developmental delays. It’s such a rare disorder (less than 1000 cases worldwide) that it’s difficult to find companies who want to develop cures, since the opportunity for them to recoup their investment is so small. Maybe half a billion for research could fix that, |
1st thing is attorney before claiming. 2nd accountant. Stay private. Pay cash for lotto tickets. |
My heart goes out to you. May there be a treatment soon for your son! |
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I put it in a trust.
I’d start a foundation. I would spend the rest of my life giving it away. I don’t really want a big house or fancy cars or tons of travel. I would help young people by houses, I would pay for college or any type of training people need, I would help widows and widow ours get the lives on track, I’d help pregnant college students finish college and pay for their daycare, yeah that’s about it. |