Asklemmy

Tell no one. Start some form of charitable institution anonymously to divert the majority to. Try not to become an idle leech or get murdered.

My wife is recently blind and cannot work. That's where our health care came from.

I would pay off my mortgage, and buy a car that isn't it electrical hazard on wheels.

Once that is done that I think I would set myself up as one of those prefab home manufacturing companies. They're pretty good houses albeit architecturally uninteresting, and they solve the housing shortage problem relatively cheaply.

Also I'm going to steal my next door neighbor's motorcycle and drive it into a lake, in order to stop him and his terrible midlife crisis habit of starting his engine at 4:00 in the morning and leaving it idling for 4 hours. Of course I could do that now, but if I wait until I'm rich then it'll hardly even be a crime.

Jesus Christ.

I think the first thing I would do would be to rent an RV and just go driving around the country and up into Canada and see all the different states and all the different sites and things to see and get used to what it's going to be like to travel constantly and not be nailed down anywhere.

I feel like if I spent 6 months doing that before I made any dramatic decisions about what else to do that would help get my head into the right spot.

Of course I would first pay off all of my debts and I would probably reach out to all of my friends and family and give them a nice little surprise cash, something like $500,000.

I think I would make them sign a notarized contract that says that they agree that if there is any past grievance they have against me they consider that debt paid and forgiven with the $500,000 and agree that any future grievances will be handled by binding arbitration. The number one cause of unhappiness for lottery winners is family members suing them for money.

I don't think I've done anything to anyone that they would want to sue me for but at the same time it probably wouldn't hurt just to cover my bases.

It's not like they can't get a successful lawsuit against me with binding arbitration, all that would do is prevent an emotional jury from handing out crazy multi hundred million dollar verdicts against me because I didn't show up to the family christmas or something thinking that I can afford it since I won over a billion dollars in the lottery.

But aside from that yeah, 6 months in an RV with nothing to do but to go and see the Grand canyon and to travel to all the different cities that I want to travel to and seeing the sites and partaking in the local foods and events and just buying anything I want to buy as long as I can carry it around with me in the RV.

Oh yeah I'd probably call up my insurance agency and get a $10 million umbrella policy just in case.

Well first year I’d finally get a RTX 4090, new car, temporary new home and quite a lot to family and friends. Year 2-4 would be saving up / buying connecting property towards my dream home, and then year 5-10 would be saving up towards a sailing yacht. After that probably some of the fancy coffee equipment that James Hoffman uses.

Finance low rent co-op housing, this actually has a very low risk profile because the tenants have a direct stake in the building payment and being below market rent they will stay at 100% occupancy, all while having a strong social impact by giving families stable places to live at lower rates. Depending on renters eights laws, some.places you could give preference in applications to teachers, social workers, firepeople, and other public employees. You can make a decent interest rate still and build out a big portfolio over time to keep rolling more and more into the investment. This would make a big difference in pushing market rental rate down in towns and small cities over time, like it has in cities like Vienna, Austria.