What would you do if you had a winning lottery ticket? I don’t mean just any lottery ticket. I’m talking huge, life-changing, multi-million-dollar Powerball or Mega Millions jackpot money. When the numbers get up into the hundreds of millions, you’re not just taking the kids to Disney World for a week. How do you think your life would change?
A survey by Play Pennsylvania looked at all things lottery and found that only 1% of people who play do so daily. It also showed that most people (83%) would keep it hush-hush if they won the lottery. Definitely a good idea. Who needs a bunch of “long-lost cousins” coming out of the woodwork? Then again, 88% of respondents said they would donate money to charity or relatives in need. Nice. Maybe there’s hope for humanity after all.
Surprisingly, only 10% of people said they would quit their job on the spot. Two-percent said they would leave their partner. Ouch. And as far as purchases with those lottery jackpot winnings, the top three were New Home, Trip, and Car. But those are short-term changes. What about the big picture?
Sadly, too many lottery winners have either lost all of their winnings really quickly and, in some cases, met with a tragic end. Therefore, the first thing you would want to do is hire a lawyer and financial advisor to keep you from making any foolish mistakes. Then you could start having some fun. Here are the top five things people said they would do after they won a big lottery jackpot: