Winning the Lottery

Today I bought a lottery ticket for the Lotto Max draw this Friday. This got me thinking, what would I do if I won the lottery and what would be my immediate reaction?

For me I think I would at first be speechless, then seeing as I most often check tickets at a gas station run around the store then outside wildly, assuming I don’t get hit by a car I most likley would give free gas to everyone currently at the station. Then take my friends for an expensive night out on the town, or rather a night out on me. In the long term however I think I would start with the few things to set me up to live well.

First I would buy a new car, or maybe two. A Lotus Exige or a new Nissan GTR. I would also finish paying off and building my current car. Then take the rest of the money designated for automotive purchases and buy everything I need to finish off my rally car build and a truck and trailer for it. As well as the rest of my equipment.

Next I would purchase a property, not a large one but with adequate space, on acreage. With a separate large garage to work on my cars in. Laughably even if I won the fifty million like the larger jackpots tend to be I would still not be able to afford property on Spanish banks in Kitsilano. I would stay in the Lower mainland area most likely.

Lastly I would pay off all my debit and invest the rest of the money in a well adjusted portfolio of investments. That way I would be secured for the future and have a way of growing my income. After all to make large sums of money, you must first have large sums of money. My goal would be to double my money and maybe even own a small company.

That is what I would do in the short term at least the first year of winning the lottery, after that I would just go with the flow of things, and where my interests and adventures take me. Since I can now afford adventures!

My question I pose to you is: What would you do if you won the lottery tomorrow? Both at the moment you find out as well as the year following.

Sources: https://www.bclc.com/app/DidYouWin/WinningNumbers/LOTTOMAX.asp