Monday, February 22, 2016

Spending the Lottery Winnings

Wait, what do you mean I have to buy a ticket?

Well.

That explains a lot.

Ahem.

One of my little pastimes is to imagine what I might do with a lottery windfall.  Not a paltry million or two, I'm talking something along the lines of the recent Gabillion Dollar Lottery Extravaganza (now with more Holy Wow power!)


First and foremost, I'd pay off the mortgage on Casa de Crazy, then fix the old girl up inside and out.  Then, buy land up by my mother's place and build my dream home.

Next I'd zero out all of my mother's debts.
I'd buy an RV and travel a little with my family.

Next would come creating a trust for me and my family to live off of.  I'd need it, as I am not so very good with money and would hate to wind up like one of the people on that show about the lottery ruining their lives.

Then I'd set up trusts for my kids and a few other kids.  These trusts would be to pay for education either in college or in trades.  The idea would be to make it so these kids could go and learn without worrying about how to pay for it or carrying a huge debt load after finishing their education.  If any of 'em don't want to go to school, the trust will vest in their late 20's or early 30's and they can use it to fund their lives for as long as it lasts.  For the ones that do go to school, anything left when they graduate is theirs for the keeping.

Then I would set up a scholarship fund of some sort, maybe more than one - something in the sciences, something in music

Next comes what I like to call a reset, or setting back to zero - paying off the debts of friends and family so that they are essentially no longer in the negative but are back to zero debt.  Houses, cars, student loans, all that sort of thing, paid off.  
 Maybe even pay utilities for a year.  Imagine what you could do with your life if you had no debt to worry about, if everything you earned was yours to do with as you wish.  I would do this one time each, but hopefully that's all it would take.  I know more than a few people who could soar on wings newly freed from the fetters of debt.

If it's a big enough win, I would make an official charity out of Everybody Eats, helping folks with no or low income keep their pantries full, helping people get back on their feet, working towards wiping out hunger.  Maybe I would set up a funds-match for Heifer International.

I would also create and maintain The Last Chance Ranch, a place for critters and people who have been written off to get back on their feet again, a place to heal minds, hearts, and spirits.

Once my family was squared away, I wouldn't need a bunch of money sitting around, making me weird in the head - I'm already weird in the head, I don't need more of that - I'd want to give it away and would likely have a very good time carefully, quietly, helping people rebuild themselves, rebuild their lives.  That would make me happy.

How about you?  Do you have lottery dreams?  Do tell...

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