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Reply to "MegaMillions winning ticket -- share your fantasy"
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[quote=Anonymous]I would set a designated amount to spend in the first year, say to pay of my mortgage and buy a new car, go on a nice vacation. Then I'd hire an attorney, financial planner, trust fund manager, maybe security. I'd start planning on building a financial legacy for my family. No big money decisions for at least a year. Figure out the dollar limits to spend on extended family members as a one time thing, then set up trusts for our children and nieces and nephews. College funds for kids of friends. Only then would I quit my job. I'd probably give away most of it, maybe set up an endowment at my college, but set aside some for random acts of kindness. Definitely would buy several properties at the beach and mountains and NYC and fly first class. Spend money on experiences and Travel extensively. I'd keep 100M or so in investments and real estate so it could grow. My annual budget meeting will be so fun :) [/quote]
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