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If I were Filthy Rich
By Messier81-Native
+18 If I won’t something like $100m after all taxes, I’d probably give away 70% to random strangers that ask for money

I never understood people who win crazy amounts like $200M or $150m and act annoyed when people ask them for money. ESP when you see them make AMA posts and complain about people messaging them asking for money.

I’d probs deliberately make an AMA just so I can give money to whoever messages me asking for it.

After buying a home, a car, paying off my debts, travelling the world, putting like $5m in something that gives me nice returns to live off and not go broke, and of course giving my immediate family $2M each, I’d use the rest just… helping people. Anyone. I don’t think I have anything I actually need more than just a humble home and enough money not to stress about a stupid 9-5 and knowledge my family is good.

Random internet strangers asking for some money for whatever, I’d send it to them. Even if I don’t buy their story.

I’d avoid giving to charity as I believe most of the money goes to the pockets of whoever runs the charity.

I’d scroll gofundme’s and just pay everything they need

Cuz there’s no way in hell I’d spend $100m by myself and I don’t wish to have kids so have no reason to “save” the money to pass it down.

Id search through subs r/depression and r/suicidewatch and r/broke and r/antiwork etc and just message people I feel bad for and offer them money to take the load off a bit

Also r/randomactsofpizza my god everyone would be eating pizza

I think I’d probably even buy a bunch of studio flats and give them to homeless people

The only people I’d not give money to are people who have been horrible to me my whole life or random extended family or friends who only tried to contact me after treating me like I didn’t exist before winning lottery.

Recent responses

+58 @KristenHuoting So many on this sub are incredibly generous with hypothetical money.

+26 @Artichoke19 I can understand why people don’t just give it all away. Imagine what being that stupidly rich does to your relationships with EVERYONE. Not just your family and friends but every last stranger in the street will treat you differently as soon as they know you’re a lottery winner. Remember lottery multi-millionaires ≠ regular multi-millionaires. People who only have their millions from literally the luck of the draw aren’t respected for having earned their money, whearas other rich people, who have have been successful in business and investments typically are seen to be more deserving. In other words, lottery winners are far and away more likely to be pestered for handouts and then HATED for not giving them out. So lottery winners do the SANE thing and decide to only give away their money very deliberately to various charities and official organisations, otherwise their whole life outside their homes will just become a long queue of desperate people begging for money to solve their problems. Or worse, scammers pretending to be those desperate people. Nobody wants to be scammed. Nobody wants to be used like a wallet and discarded as a human being as soon as they’ve got what they want out of you. How would you feel if you spent years spending millions helping strangers and none of them were especially grateful? What if some people disappointed you by coming back again and again for ‘help’, and you found out they were just spending the money on luxuries for themselves and didn’t actually need your help? What if any friends that you had before your win turn their back on you and exclude you once you’ve sorted them out and helped them pay off their debts? The emotional social fallout of being seen to be rich but *unworthy* of your fortune is quite a horrible curse to be given, to be honest. We all dream of being rich but nobody dreams of being resented for not coughing up when requested.

+24 @YaklDakl i will dm you my contact information so u have it just in case . tia

+23 @mcgoo2 That’s cool. Maybe set a little more aside if you want to live off the income. Cost of living is so high in some places the income on 5M probably wouldn’t cut it without other income.

+19 @Crafty-Bunch-2675 >I never understood people who win crazy amounts like $200M or $150m and act annoyed when people ask them for money The problem isn't that some people ask for money. The problem is, how much can you give ? How many people can you help. Because I can promise you, the more family that you help, the more family that will ask. Truth is. I don't want 100 M dollars either.

+15 @wuvvtwuewuvv No amount of money you could ever give away will ever be enough. No matter how much you give people, they'll feel entitled to more. And no matter how much and how many people you help, you will be reviled and hated for not giving more. If people know who you are and that you'll give them money, you'll never have a moment's peace again. You want to spend a quiet hour by yourself for a meal? Too bad. You want to sleep in peace? No such luck. You'll be the target of innumerable scams and even kidnappings, as well as your loved ones, as people try to get more and more money from you. If you don't understand these facts of the human condition, then you are just incredibly naive. Everything you said you do for others sounds like someone who's 13 years old and/or extremely financially incompetent. (I'm not trying to be insulting, I'm sorry if it comes across mean, but.... you are completely lacking in basic knowledge that you need to learn.) If you want to donate your winnings, go right ahead, but there are right ways and wrong ways to do that, and your ways are apparently the exact wrong ways.

+15 @RalphUribe I spend a lot of time in Latin America and have a friend there who is what we’d call just middle class in the States. Decent car, decent income, decent apartment (by North American standards). By the standards of his country and the standards of his family he is very rich. His family when they come to visit steal whatever isn’t nailed down because they think he’s too rich to notice and why should he miss it anyway. When he has invited them out to nice restaurants they buy the most expensive thing they can find on the menu because it’s “free” to them. When he has helped his parents with financial contributions they have sometimes thanked him but told him he really should be contributing more, and have asked for a car (though they can’t drive), cosmetic dentistry and a host of other things. Worse than my friend is his sister who is also equally successful at her job but has been emotionally blackmailed into using almost her entire salary to support her parents by paying their ongoing debts to shady lenders. She still lives at home like a servant to her parents. The sister is rapidly approaching an age that is considered “old” for Latinas, but has no life due to subsidizing her parents’ bad financial decisions. My friend’s parents have told him that money is to be shared, not hoarded, and he will be blessed if he gives them more and he is selfish for not doing so. There are two problems with OP’s theory. The first problem is that it is very easy to be generous (as someone else mentioned) with hypothetical money. The second problem is it creates very bad behavior in other such that in the long run you have created far more problems than you have solved by creating expectations for giving. Finally, if Op really believes that he’s this generous, he should ask himself rather than winning the lottery what he’d do if he became wealthy for creating a successful business. After he worked late night, took financial risks, lived tight in his younger years, would he still be willing once he hit the jackpot to give it all away no questions asked? If no, why not?