Would You Continue Working If You Won The $200 Million Dollar Lottery? If not, what would you do? Would you not work at all?

  • Posted by a hidden member.
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    Mar 03, 2010 2:42 PM GMT
    Even though I like my work, I'm not sure I would continue. The creative part of my work is great, but runnng a business can be a hassle. So if I won the lottery, I could be the "genius" providing creative ideas and hire lots of people to do all the work.

    Or I would "work" in a non paying position in any field.

    Or my best option might be to travel and live in different parts of the world and soak up the expereinces wherever I was.

    What would you do?
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    Mar 03, 2010 2:51 PM GMT
    Yes I would. Sitting around a pool, or just traveling all the time is fine - as long as these things are a vacation from something. If these things are all you have to do, they can be deadly. You have to have a reason to get up in the morning. At least do some solid volunteer work - anything where you're helping the less fortunate. Take some of those funds and distribute them through a small foundation you can set up. Travel to places and see the faces of all those you'll help.
  • CuriousJockAZ

    Posts: 19128

    Mar 03, 2010 2:54 PM GMT
    Since I am in Real Estate, I would continue to work, but only for myself -- buying, renovating, and selling houses. Believe it or not, even in the current real estate climate, there is much money to be made in flipping houses if you can get them for the right price, renovate them cheaply, and still sell cheap for a profit, But, the real money to be made is in the higher end homes $1 million and up.
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    Mar 03, 2010 3:04 PM GMT
    CuriousJockAZ saidSince I am in Real Estate, I would continue to work, but only for myself -- buying, renovating, and selling houses. Believe it or not, even in the current real estate climate, there is much money to be made in flipping houses if you can get them for the right price, renovate them cheaply, and still sell cheap for a profit, But, the real money to be made is in the higher end homes $1 million and up.


    So if you need a "Vanna White" to help you show the homes, call me. (and if you won the lottery).
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    Mar 03, 2010 3:12 PM GMT
    I've been retired for over 15 years, and it's great. Despite being a workaholic in the Army, I made the transition to lazy retirement quite easily. Though I do keep busy, doing charity work, traveling long distances when I could still drive cars and ride motorcycles that far (I hate flying), social events, and increasingly the Internet. I love being able to set my own schedule, though I do tend to get dragged into more than I really want at times.

    So $200m wouldn't require much change for me, except I'd be doing it with more luxury, maybe from my new yacht, or spending time beautifying my estate, and having more involvement with charity.
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    Mar 03, 2010 3:33 PM GMT
    I agree with CAJock573. I'd be terribly bored sitting in a pile of cash, playing with my luxuries day after day after day after day.

    I rather work or go back to school. Do something to make my life truly meaningful and rewarding.
  • HndsmKansan

    Posts: 16311

    Mar 03, 2010 4:42 PM GMT
    I'd invest my own money and continue working.
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    Mar 03, 2010 7:29 PM GMT
    I would travel and study. I would live at least a year each in Germany, France, and Italy to learn the languages. I would learn to play the piano. I would study art history ....linguistics ...history in general. I would have a house with a full gym and PT who came to me. ...for starters .... icon_biggrin.gif
  • Commonenry

    Posts: 9

    Mar 03, 2010 8:06 PM GMT
    I love my job. So i would definately keep it. Plus 200 millions are too much. So I would give some of the money to my family and definately would do some charity. I've always wanted to have a good foster home with psychologies and teachers. Oh and the present christmas parties! When everyone has to bring a present and all the presents we raise are for the childrens at hospitals and shelters. But I would definately buy me a house with a huge pool LOL im kind of an aquaman icon_razz.gif
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    Mar 03, 2010 8:28 PM GMT
    I don't know if I would "work" but I would definitely do something to occupy my time. Most likely volunteer work.

    I would think that it would kinda boring to sit at home, count my money, and post on the RJ forums all day. icon_lol.gif
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    Mar 03, 2010 8:33 PM GMT
    Definitely not at my current job, but I'd still finish school and do something w/ my degree... I'd still want to contribute to society.
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    Mar 03, 2010 8:34 PM GMT
    I'd give a lot of it away. There's a song that goes "mo money, mo problems" ... I think its true to a point. You get money, people become jealous, you have all sorts of feelings.... people who win the lottery are notorious for blowing it all very quickly and ending up in massive amts of debt.

    In any case, I'd probably give 25-50% of it away. Then keep the rest, buy a couple of places in locations I love... and keep a part time psychotherapy practice on the side, seeing a few patients a week.

    Life would be good icon_smile.gif
  • Posted by a hidden member.
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    Mar 03, 2010 8:34 PM GMT
    I would retire.
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    Mar 03, 2010 8:52 PM GMT
    I'd work for a few weeks, just to rub it in.

    Then I'd take 3 of my friends and the boy I have a crush on, and one other dude...and we'd disappear and never be heard from again
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    Mar 03, 2010 8:57 PM GMT
    Hrmmm. I'd still work, for the experience. Sure winning the lottery would ensure that I don't have to work anymore, but I wouldn't give up on an education or working experience and just idle around with money. I'd use it to travel and pay for college courses, maybe get a degree in something I want to do. I might not get the job, but at least i'll have something to be proud of.

    As far as working goes, I think i'd still work. I have grown accustomed to the people at my workplace and I wouldn't leave them high and dry. Plus I always feel I gotta be doing something so might as well work.
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    Mar 03, 2010 9:16 PM GMT
    I would stop working immediately!

    For me, work pays the bills, but I'm not especially passionate about it. There are so many other things that I want do experience in life: Traveling for long stretches, working on my writing, learning new sports, etc. Work makes these things difficult.

    I'd still do something fulfilling and productive, though. You would never find me on my sofa.

    By the way, I demand that you all watch this.
    RENO 911!
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    Mar 03, 2010 9:22 PM GMT
    I'de get some traveling done before I decided on that so I'd have a few years off to start with, then by the time I finished me garden, I'm sure I would not want to leave to deal with the world outside, other than on my condisions, and if I went back to work thats how it would be, under my conditions. ;
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    Mar 03, 2010 9:31 PM GMT
    Quit work first. There'll be too many important things to do.

    Sponsor as many guys here as we reasonably could so they could move to Canada.
    Get the acreage Bill always dreams of.
    Make sure the property has an extra house to bring in palliatives to make their last days as golden as possible.
    Make sure there are facilities so Bill can run his long dreamed of wildlife rescue and rehab.
    Get more stories out in hardcover.
    Pay off family and friends mortgages or at least make a dent in them.

    -Doug (approved by Bill)

    PS Thanks KissingPro, you just brightened up my day!

  • totorosc

    Posts: 55

    Mar 03, 2010 9:32 PM GMT
    Kickstart saidI would stop working immediately!

    For me, work pays the bills, but I'm not especially passionate about it. There are so many other things that I want do experience in life: Traveling for long stretches, working on my writing, learning new sports, etc. Work makes these things difficult.

    I'd still do something fulfilling and productive, though. You would never find me on my sofa.

    By the way, I demand that you all watch this.



    Thanks for that laugh icon_smile.gif lol.

    If I won the lotto, i'd probably go back to school and get a degree in finance and study a few extra foreign languages, buy some property and fix them up, either rent them or sell them, and try to make that 200 mil into 250 or 300 mil. Give some to my parents as long as they swore to not brag about their son winning millions and then probably move to another country where no one knows me and live a middle class life while traveling around the world.

    I think the real issue would be dating and not revealing to the guy you love that you're rich until you know later that they won't stay with you b/c of your money.
  • metta

    Posts: 39099

    Mar 03, 2010 9:38 PM GMT
    I would keep working. I would expand my business and create new businesses. Not for the money....I just love doing that. I would hire enough people to help me though so that I could take time off. I would also create a line that would help fund my favorite non-profits.
  • Timbales

    Posts: 13993

    Mar 03, 2010 9:41 PM GMT
    I would spend some time traveling and then do something I really enjoyed for work, as long as I could break even I'd be happy.
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    Mar 03, 2010 10:33 PM GMT
    meninlove said Quit work first. There'll be too many important things to do.
    Make sure the property has an extra house to bring in palliatives to make their last days as golden as possible.


    Bingo games on Wed night? Sometimes my friend and I go to bingo night at a local school. Those older ladies are a hoot. Some bring hidden flasks of booze. They are so much fun. They want us to sit next to them because we bring them good luck.

    Plus they say we are handsome and they giggle.
  • Posted by a hidden member.
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    Mar 03, 2010 10:38 PM GMT
    I'd quit my job.
    I'd give quite a bit of it to friends and charities.
    I'd invest quite a bit and have capital gains income.
    I'd become a patron of the arts and support artists/writers/etc.
    I'd also set up a couple of scholarship funds.
  • Posted by a hidden member.
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    Mar 03, 2010 10:41 PM GMT
    KissingPro, you made me laugh and spill coffee! -Doug
  • darryaz

    Posts: 186

    Mar 03, 2010 10:43 PM GMT
    I would quit work for at least a couple of years and travel.

    Then I would find some sort of volunteer work to do a few hours a week (definitely not full-time). And maybe go back to school part time.

    I could stay busy and fulfilled spending the extra time with family and friends.