What Is the First Thing You Would Do If You Won the Powerball Jackpot?
ABC News U.S.
2012/11/28 11:35:09
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The Powerball jackpot just increased to a record $550 million ahead of Wednesday's hotly anticipated lottery drawing. The jackpot was boosted Tuesday from $425 million to the historic $500 million sum. The jackpot swelled Wednesday to $550 million as millions of Americans rush to the store for their last chance to purchase a ticket and become a multi-millionaire overnight.


Read More: http://abcnews.go.com/US/powerball-fever-sweeps-na...



















And maybe buy a new car/truck. :-)
So with what would have remained of the money I would likely use to purchase some rental housing, fixed it up and rented it out at affordable rates for low income folks who need affordable housing. Plenty of them floating about these days.
I was thinking negotiable rates based on income. I would need some profit for my next plan, but I don't want the people to go broke either. Have not gave it to much thought.
Next I would have built some Housing for the homeless and use the profits from the rentals to maintain them all... Of course some figuring would have to be done to ensure I don't end up paying out more than the rentals bring in. I would have been ok with using the invested residual income keeping things afloat, provided it wasn't all eaten up causing an overall loss.
That's what I would like to have done.
don't need new friends
and buy lots of cats.
I want a new white Porsche Panamera. Then I am buying a modest house. When I get the money in I will pay off my debt.