A long-standing dream of mine---and most people, I suppose---is to be wealthy. I guess the easiest way to insane wealth is to somehow win the lottery. I mention this because the Mega Millions lottery drawing scheduled for this Friday has reached $476,000,000.
Now, let us say you won this amount of money, and you chose to take the lump-sum payout, and you ended up with $100,000,000 in your bank account. In other words, you are now insanely rich.
What to do? Ahhh....there's the problem. Truly, THERE is the problem.
"But Oh!", you say, "That is a problem I could handle!"
Could you, now.......
Incredibly, it seems a very high percentage of winners go on to have miserable lives after winning a huge payout. They somehow cannot handle it. I think a part of that is the emotional overload that occurs when an enormous change happens in one's life. It seems not many folks calmly secure the services of a really good investment firm and conservatively obtain strong holdings.
No, apparently folks generally go wild and make emotional mistakes that lead to ....... bankruptcy, divorce, heartache, destroyed friendships, etc.
I really don't know how I would spend/invest that money. But I do know this---I would want to give a goodly portion of it to a favorite charity/cause. I just am not sure what that would be. I would really have to think about that.
And, the fact is, while I don't have near enough money in retirement (who does?), I do have all I really need. I have love. I have happiness. I have health. I have Jesus. I don't need more than that.
Here is what I would do immediately:
---change our phone numbers
---change our internet contact information
---set up a methodology for exploring which causes to support and other investment possibilities
---Get out of town for a couple weeks to escape the hoopla surrounding our newfound status as wealthy folk. Ha.
How would you spend your $100,000,000?