Oh, come on. You know you have had that conversation this week too. Though maybe you are superstitious and purposely did not discuss it for fear that saying your answer out loud would ruin your chances of winning the Powerball jackpot? You have at least thought about being a lottery winner and that counts too.
My husband has half-jokingly stated that he would need to hire someone to reel me in because I would dish out the money to everyone on earth going through a difficult time and we would end up in debt. (Don’t tell him but he is probably right.) Actually, it has always been a dream of mine to anonymously help one family in need, perhaps paying off a big loan or putting a child through college who would not otherwise have the opportunity to go.
We would give funds toward finding a cure for Eosinophilic Esophagitis and food allergies because our son suffers from both. EE is a rare disease which does not get remotely the research dollars that common diseases receive making it much more difficult to find a cure. It seems there numerous studies being done on food allergies, yet each wants to find the cure so they tend to not work together. My fund would come under demand of drug companies and medical researchers working together to put the cure before the credit.
I would redo the kitchen and basement too. A girl’s got to have a little fun with all that money!
Leticia has a noble plan for her lottery winnings. After setting up her kids for life she start a school featuring hands on education for elementary aged kids with a focus on STEM topics. Then she would establish a nonprofit for the five founding members of #BloggersforHaiti to go every year and take along five new people for the experience.
Just out of curiosity I asked my money-savvy friend Kelly Whelan of The Centsible Life what she would do with an additional $500 million to her name. Sure enough, she would still stay centsible. “First step would be to consult a financial advisor. We would pit money aside for each of our retirements, and set up college/trusts for our kids. Then we would pay off our existing debts and take our time deciding if we want to move or remodel. We would also start investigating setting up a charitable trust or fund.”
What about you? What would you do if you won that $500 million Powerball jackpot?