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If I were Filthy Rich
By Cultural_Antelope_20
+62 Justify Big Spending

For those really waning to live it up -

Let’s go through the tiers of spending. If you won 100 mil or more At what level of winnings would you justify buying a 30 mil plus home, a 5 mil, private travel, a yacht car collection etc etc etc

Recent responses

+90 @jackgranger99 You can't justify buying a 30 million+ house when you have a 100 mil win, the rest of the money would be going into maintaining the house.

+39 @Feisty-Barracuda5452 I'm not buying a $30 million dollar home, the upkeep on something like that will drain your resources quickly.

+37 @johnbmason47 My wife and I were talking about this recently. There are two houses on the river near us. In between them is a slip for a very very large boat. Regardless of what we won, we’d be buying both of them so I can live out my dreams of buying a WWII submarine and becoming Captain Nemo.

+21 @Southern_Source_2580 My idea of living it up differs from others. You look at already built homes to spend big bucks on, I look at land that I can build that home villa for a fraction of the cost. The only big spending would be cost of materials or play the credit game in my favor. Being poor for a good portion of one's life makes one look for efficient purchasing options.

+19 @SomethingClever2117 Over $100m and my real estate portfolio would be about $20m. No single property over $10m. Need about $50m in investments so you generate money yearly. My car collection wouldn’t be extensive, but a couple really nice sports cars and lease the newest and best SUV and sedan. Maybe a small boat if I bought a lake house, but nothing crazy. Traveling would be where I’d spend a lot of money though. No need for private jets or anything unless there is no other way. But going to sporting events and concerts and festivals would be about $500k a year at least. The things I would not buy: yachts, planes, helicopters, etc. You have to remember that you’re a millionaire, not a billionaire. Spend your money like you’re a retired pro athlete and not a 20 year old that just signed their first contract.

+12 @jackrussellenergy Single so I would prefer buying slightly smaller residences in places I love. My primary house (and largest) would be in my favorite city. After that I’d probably get a beach condo, a mountain cabin/lake house, and maybe one more city condo. Anything more than that would be way too much and at that point you can just rent penthouses for a few weeks to months while you travel. Honestly even having four properties might bother me because of how often they’d sit empty. I might consider letting family or friends borrow them for vacations.

+11 @LadyBeBop I definitely wouldn’t buy a bigger house. If I could, I’d buy a smaller house with a nicer view. Just don’t want the maintenance on a large house. Don’t want a yacht. My husband and I will sail the seven seas. But probably on Viking, Seaborne or one of the luxury cruise lines. No private planes either. But we will fly Qatar Q suites. No luxury cars either. I don’t really want to be a show-off.

+11 @TashaT50 Not in my plans to spend that much on me. I plan to invest 20% to live off of. 10% to spend for houses, cars, spending spree with my best friend, etc. We buy our tickets together. 5-10% is to build a mini indoor amusement park - refurbish/restore a carousel, mini-golf, a few rides, games, a function room, commercial kitchen, we’re still figuring out the details - but we know we want to let it out for charitable causes a few days a month and also for free for sick kids a few days a month & donate to town & leave a trust to cover cost to keep open after we die. 30% is for family and friends to pay off their debts and create lifetime trust. 30% planned for a charitable trust.