If I were Filthy Rich
By Aguyontheinterwebs+33 If I won the lottery...
If I won the lottery there are a number of things I would do.
I would first get a lawyer, a fiduciary, an auditor, and an auditor to audit the first auditor. Then I would set up a trust for my family to protect them from themselves.
I would build a recording studio for my old high-school and help fund a scholarship program. I would pay off any outstanding debt family and really close friends may have. I would take a friend or two and travel the world for a while. Invest a hefty chunk, Living off 3-4% of the interest and when all of the boring stuff is out of the way, I would buy a couple celebration purchases:
I would buy either a white or an orange lotus exige or an orange Maserati granturismo. Then I would purchase a mid century modern house somewhere where the air doesn't hurt my face, a vacation home in Yamanashi, and probably a few guitars. Edit: I might also buy a kettankrad, my great great grandfather drove one in the war and it would be a cool piece of family history to have.
Recent responses
+16 @defaultedtothisname May I offer a piece of advice that would apply to the scenario you outlined but I think everyone would be well served to keep in mind? For context, I work in compliance accounting for a large asset manager but previously worked stints as an auditor and as a forensic accountant. When you say you would hire a fiduciary, I'm assuming you're talking about someone to run your financial affairs, presumably with check signing authority. If that's not what you meant, I'm not sure why you would need an auditor but please feel free to disregard the rest. Hell, feel free to disregard this anyway, I suppose. Having said all of that, please never give anyone authority to spend your money on your behalf with the exception of severe cognitive impairment or incapacitation. Unfortunately that includes children and those with a fiduciary obligation to act in your best interest. The best way to protect and preserve your assets to ensure that they are there for the future and for when you need them is to control the disbursement of funds yourself. Please, get a financial advisor, a trusted tax advisor, or another professional to help to manage your money but ALWAYS ensure that they cannot disburse funds on your behalf without your written authorization. Power of Attorney is no joke... except in Harvey Birdman Attorney at Law.