So the Power Ball lotto jackpot is over $400 million. Whenever the jackpots get so big, I start to day dream about what I would do. Quit my job, pay off the homes for everyone in my family and myself. Take everyone on a vacation and start my own business. It's all wishful thinking.... What would you do?
Re: What would you do with $400 million?
Pay off my house, fund E's and my neice/nephew's college accounts, take an extended-family vacation, and look at buying a rental flat in London.
Figure out the rest from there.
Funny thing is that for all those wishes we don't really need 400 millions. Frankly couple of millions will suffice...
On 2-3 millions I would sell our house and buy a better one. Pay off all our debt. Set up nice college funds for kids. Go travel around the world. I also would buy my mom an apartment in the best assisted living facility available in my area...
If I would win 400 millions, I would open a charity foundation and donate a big portion of it - because as I said, I don't really need that much money.