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Let's Be Honest: What would you spend your lottery winnings on?

redshank

Well-known member
Apr 10, 2019
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I'd have properties scattered across North America. Thinking GTA and Muskoka. Banff, Whistler and South Florida. The car collection would be nice. If it's $60 million I'd have multiple high end cars like Ferraris and an Aston Martin.

Like the previous poster said there would be a tour of some of the "funner" spots in the World. Thailand and Brazil come to mind

Everyone I truly care about (which aint a lot) won't have to worry about their kids educations and if I can help out in other ways I will.

#2 by JTK in previous post is something I’ve said for years. Plus deactivate all social media
 

uchual

Active member
Jul 17, 2018
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This answer (proportional give to charity) always puzzled me. Let's say you won $60M and decided to give $20M to charity. You are left with $40M. However, if you would have won only $40M you would still give $15M to charity and be left with $25M. Question is: why after winning $60M you decided to keep $40M and not only $25M. It seems like you are "buying God's blessing" and not actually giving money because you want to. Why not give everything above a specific amount and keep only that specific amount? Or not be a hypocrite ans simply keep all the money.
Not really. I believe in karma, both good and bad, so there's nothing wrong with giving away a chunk of some money that just randomly landed in my pocket.

I just wouldn't feel comfortable spending it all in myself and my family, that's all.
 

lessjamie7

Well-known member
Mar 10, 2013
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I’m already doing elements of most of what’s on my list in my free time - investment properties, travel, dog rescue, business consulting, and of course seeing escorts.

Winning a huge jackpot would enable me to quit my full-time job, which would then free up the majority of my time, that I could then reallocate to the more intrinsically satisfying endeavours.

I don’t think Canadians can legally buy Powerball tickets online. US Lottery sales are managed by each respective state - and they can only sell online to their respective residents.

To avoid any trouble, Canadians would have to buy the ticket in person and claim any winnings in the state where they made the purchase.
Dog rescue?

What is dog rescue?

LJ
 

JackBurton

Well-known member
Jan 5, 2012
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Really, no one here would travel the world, sampling women from Dubai, Brazil, Amsterdam, Tokyo?

Think bigger guys lol
 

RichardG2020

Well-known member
Nov 30, 2019
740
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Really, no one here would travel the world, sampling women from Dubai, Brazil, Amsterdam, Tokyo?

Think bigger guys lol
That would definitely be a dream scenario.

However, that’s why I love Toronto. Because we’re such a cosmopolitan city, we get to be with beautiful women of all colours, ethnicities, and backgrounds.
 

danmand

Well-known member
Nov 28, 2003
46,483
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I already spend what I want on women and travel, and I do not believe in inheritance. A lottery windfall I would give to animal welfare organizations.
 
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fall

Well-known member
Dec 9, 2010
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Not really. I believe in karma, both good and bad, so there's nothing wrong with giving away a chunk of some money that just randomly landed in my pocket.

I just wouldn't feel comfortable spending it all in myself and my family, that's all.
Yes, but why define the chunk as a proportion of how much you've got? This is what is puzzling. And "karma" as you apply it to this situation, is just another way to describe the "bribe to the God"
 

fall

Well-known member
Dec 9, 2010
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I'd have properties scattered across North America. Thinking GTA and Muskoka. Banff, Whistler and South Florida. The car collection would be nice. If it's $60 million I'd have multiple high end cars like Ferraris and an Aston Martin.

Like the previous poster said there would be a tour of some of the "funner" spots in the World. Thailand and Brazil come to mind

Everyone I truly care about (which aint a lot) won't have to worry about their kids educations and if I can help out in other ways I will.

#2 by JTK in previous post is something I’ve said for years. Plus deactivate all social media
You realise, it is only $60M, not $600M.
 

redshank

Well-known member
Apr 10, 2019
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You realise, it is only $60M, not $600M.
How much do you think 5 properties would cost?

If you spent 10M-15M on properties and cars you still have 45-50 mill left FFS
 
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LTO_3

Well-known member
Aug 27, 2004
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Niagara Region
My first move would be to talk to a taxation lawyer to protect what I've won and any of it's future earnings to avoid as much taxes as possible. Once that's done then take care of my immediate family and give some to 2 or 3 charities.
After that and once Covid is under control & the border opens up again - shall we say sometime in 2022 - get together with a few friends and cover the cost of night out including whatever ladies we will see.

LTO_3
 

RichardG2020

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Nov 30, 2019
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So you are adopting a dog already rescued, you are not doing the rescuing, I wondered if you had crawled through a burning building or something.

LJ
I did rescue one dog that was running on the side of the highway, but no burning buildings.

Fortunately, we don’t have that bad of a problem here. Texas, Tennessee, and a lot of the southern states have a huge problem with unwanted and homeless dogs.

As such, there are many Ontario organizations importing rescue dogs from down south as well as the Caribbean, and Korea.
 
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basketcase

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Dec 29, 2005
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I'd give most of it (other than a mil or two) away to worthy causes or invest in startups I want to see succeed. See no reason to live that ultra-rich lifestyle.

Actually first thing I would do is get legal advise to see if there's a way to keep my identify secret. Hell, I wouldn't even want my brother to know.
 
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LTO_3

Well-known member
Aug 27, 2004
1,054
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Niagara Region
...Actually first thing I would do is get legal advise to see if there's a way to keep my identify secret. Hell, I wouldn't even want my brother to know.
Unfortunately there isn't any legal way for you to avoid having your name and/or picture posted for a large win in Ontario. I recall someone tried that and the OLG rules held up in court.

LTO_3
 
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bigdickdean

Active member
May 25, 2017
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I did rescue one dog that was running on the side of the highway, but no burning buildings.

Fortunately, we don’t have that bad of a problem here. Texas, Tennessee, and a lot of the southern states have a huge problem with unwanted and homeless dogs.

As such, there are many Ontario organizations importing rescue dogs from down south as well as the Caribbean, and Korea.
1. Buy more properties
2. Give to friends and family
3. Travel more when COVID’s over
4. Invest in young entrepreneurs and socially responsible businesses
5. Open a charitable foundation
6. Open a dog rescue
7. Right now I’m averaging 1 date a week, but I would increase the frequency to 2 or 3 times a week and probably extend the dates from 1 hour to 2+ hours
I am retired. Nowhere near rich but not living on the streets also so don't need a large amount of money. I am comfortable, and loving animals, I would give a huge chunk of it to support animal rescue charities around the world. As it is, I contribute to animal charites in Mexico, Greece, and Thailand.
 
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xix

Time Zone Traveller
Jul 27, 2002
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La la land
Here is the real list.
You have three choices. The first two for 10 years are:
Stay in Canada or Leave for a tax haven place. The third you can comeback in 10 years if you change your mind, safety net.

Here is my list.
1ST YEAR.
1. Change your name legally, ask a lawyer while still here. OR not.
Reason, there are mental headcases that if you are traveling, some azzwhole may search your name on his cell phone and find out you are rich. But with your new name there is nothing to investigate and claim to be from US not Canada.
2. IF you need time to think of this list go away for awhile. See 5.

3. Deactivate all social media, change phone number.
4. Pay off all my debt. Parents, and siblings only.
5. If your are courage's/brave sell home/house and rent in a farm to be away from people for a year to do below list. Buy 2 BAD ASS guard dogs from a security firm, that understand, taking a bullet for the master. Install 4k security camera then just donate to owner after moving out.

6. RETIREMENT. For financial security reason if I loose all my money I have a back up plan. Call CPP/CRA, talk with them, I would try to bridge or fill my RRSP gap, with a tax account talking to the CRA in their office. I would fill the gap on my RRSP according to what CRA allows me plus put 3-5 mill away for future rainy day in RRSP. Get a signed paper from them, it has a special name which I forgot. Someone told me this.

7. Go to a tax haven island to arrange the transfer of my money, talk to their banks and HSBC Bank Canada here. It seems they can do this quietly.

8. Talk to Canada Passport, how to renew my CDN passport overseas if I live in Cayman island or wherever. Or get Cayman citizenship. Which may give me problems crossing some borders.
8. If I live ie: Cayman island, I could live in a boat or condo with security guards, not a house. I would be careful with guards. So be aware.
9. If I were to have properties it would be in expensive areas and rent to elite white collars only. Also make friends with city councilors/mayors. Why? they can tell where future developments would/could happen so if I believe it will ruin the area I would sell that property.

9B. Renting can be stressful and having a property keeper help out can be 50/50. I rather have any property close to me in case of damage.

10.OLD work place. I thought of this for a long time and this is simple. After I leave maybe comeback following week or later and have 100-200 gift cards for the people/each person that were nice to me. Say to them "Thanks for the good times, here is something to help you out with your groceries." Yes it would be for a grocery store. So they can feed their families and not enable their vices. Not to management, since they stiffed me on my salary. (Insidious Von)

TRAVEL:
11. Have new passport with 10 year life. After finding the place where to live for a while/for 10 year plan. Then I would travel to all sex pot wonders for a year. If I am close to a 7 wonders I would go by it. There is a company in NYC, that for 90k USD you can travel with them all over the world for a year. IF you are not into sex.
12.Now some people mentioned the above in different ways, but yes travel 5 star hotels. And have fun/play with real local women and not foreigners living there.
For example, some ladies claim to be Canadian when they are from EE. So use forums or terb before having fun. I been to Amsterdam, not many Dutch women in the red light area there I would have to go to the small town.

13. Up load all Photos to cloud, so I don't have to buy memory cards.
14. Visit all national parks in Canada, US, Japan, Hong Kong, Kenya etc.
15. IF this is enough and just want the material things, sure buy properties and call the girls over for fun. Store money for Tim Hortons franchise to keep busy.

LIVING
16. Create a Film company. Maybe make some movies.
17. Create a scholarship for C average student from your old high school or near you who is going into college, I went in the trades. Or what ever you like. They must graduate or your money back. You may need the bank for this. You don't want the person to party and laugh at your ass, Get a good picture to embarrass them if they pull that stunt.

18. Visit Mechai Viravaidya,( Mr, Condom Thailand) Khan Academy, and some self sustainable schools, and learn from them how to help people. Social Development.

19. Use the Film Company as a disguise. I have learn not help/donate to the poor directly according to some Docs I watched by Social Development Activist, or as the activist learned. Someone mentioned WATER. Yes order the equipment and TEACH them. Hire some Canadians in construction and water tech to teach the locals how to install and maintain their equipment, and teach them how to attend to tourist. So their economy can be self maintained/sustain not thrive. Buy material / shipping containers, old buses and Teach them how convert it to a school for their kids. IF they want it THEY must apply themselves. This method helps them apply themselves better. No internet. This will teach them Human Value.
20. Meditate, buy the material. Have sex.
21. Other mention buying property and material things, and living the dream. Go for it.
 

RichardG2020

Well-known member
Nov 30, 2019
740
1,081
93
I am retired. Nowhere near rich but not living on the streets also so don't need a large amount of money. I am comfortable, and loving animals, I would give a huge chunk of it to support animal rescue charities around the world. As it is, I contribute to animal charites in Mexico, Greece, and Thailand.
Well done!

While I follow some international rescue organizations on social media, I haven’t made any any financial donations.

I really should though.

Animal welfare is a significant issue in third world and emerging countries. I don’t judge either. When a huge percentage of the population is struggling to put food on the table, then animal welfare doesn’t seem to be too high on their priority list.

Thank you for your generosity.
 
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