When it comes to the lottery, I feel like Rudy Ruettiger trying to get into Notre Dame to play football for the Irish. With each notification that someone else luckier than me has won, I feel more and more defeated yet still determined to keep the dream alive. After all, what are we if we don’t have dreams, or at least something to strive for? I just wonder what they have going on down in the Bible Belt states that we don’t have up here in New England? In fact, why does it always seem that it’s someone in the south winning the lottery? What are their secrets? Perhaps it is just not my destiny to have money handed to me, but it sure would be nice. Just once I would like to be one of those people that has money handed to them. Until then, I remain working for everything I earn and keep the pipe dream alive. What would I do with all that money anyway? Plenty! Oh millions of dollars being handed to me, how would I love thee? Let me count the ways.
Pay off debt
Yes, I know this is a lame way to spend all of that money and that everyone does it, but that would still be the first thing I do. I am still carrying around debt from a husband that I left 5 years ago. I think it’s about time to be done with it once and for all. My lottery winnings would certainly remedy that situation. No more mortgage, car payments or credit card payments for me. It would be my own personal bailout. I wouldn’t stop at my debt, though. I would also pay off my best friend’s debts, another friend’s debts, and my parent’s debts.
New cars would be my first frivolous spending spree. For myself, I would probably buy three because living in New England we have those things called seasons. Seasons require the appropriate vehicle based on the weather. For winter, I would be driving the BMW X6 M. My everyday car would most certainly be the 500 horsepower BMW M6 convertible, while my summertime fun car would probably be the BMW Z4 sDrive35is. Since I already own one, I would simply be upgrading. For my best friend, I would surprise her with a fully restored, classic 1967 Ford Mustang. Since this isn’t the most practical all season car, I would also buy her something she can use on a daily basis. I see her looking good in something like the Audi TTS Roadster, and surprisingly priced reasonably. For my other friend, she would certainly have her Rolls Royce.
Yes, I would quit working. There would be no need to. With that kind of money, I would invest it in a high interest savings or money market account. If I found one that had a yield of 2.00%, I would easily make $20,000 a year in interest alone for every million dollars I had in the bank. So If I kept $5 million for myself, I could live off of the $100,000 in interest that I would earn every year.
Purchase a vacation home
This is a definite. I would purchase a house on Prudence Island, with a lot of land and a dock. Prudence Island is an island in the middle of Narragansett Bay, and owned by the town of Portsmouth, RI. My friend already has a house over here, but I would want one of my own to come and go as I please. Of course, in order to get there I would also want to purchase a boat and some marina space because then I wouldn’t have to live by the Prudence Island Ferry schedule. Prudence Island is not a happening vacation spot like Martha’s Vineyard or Block Island. It’s completely residential, with about 40 people or so living there year round, but it’s quiet and relaxing and a nice escape that isn’t very far.
When I say share, I don’t mean I would give it all or even a chunk of it to the church. As an atheist, I don’t even belong to the church or any organized religion so they would not be getting a dime like some of these winners give. My idea of sharing means I would give a percentage to a couple of friends and my parents. They would all have more than enough to take care of their needs and never have to work again. Everyone could just retire with me. I would give to certain organizations, though. I would continue to support breast cancer, AIDS walks, and animals of course.
Of course, these plans are all part of my pipe dream. For now, I will continue to dream big while I go to work every day, placing my goal to live a bohemian lifestyle on hold once again. No rags to riches story for me….yet.