If you had just won a million dollars, what would you do with it?

[Rets]

I'd invest it and make more money.
I'd also buy a nice apartment to stay in until I've made a good amount of money from said investment. And with that money I'd buy a nice big house for my whole family to stay in.

Charity is good and all, but I don't like donating to just any charity, some charity have been known to take your money and run, so I don't really trust them. Plus, most charity use over half of the money earned on other things that don't have a thing to do with the thing they are raising money for. Take the Ice Bucket Challenge for example, they used over half of their earnings on advertisement.

 

[Rets]

First things first. I would initially set aside about 100k so I can finance College, and a Graduates degree. After that I would find a nice house, something in the 150k-200k range. After that, I'd pay off any of my parents outstanding debts. The rest I would invest in stock and Futures.

Good luck finding a house for 150k-200k. Most houses cost upwards of 400k, and that's for the small, old ones you see on sale all the time.

 

[Rets]

You need about 1 million to buy a house xD just saying <3

No, you don't.
You can get some houses for as low as 350k, but they are pretty bad.
Most decent houses will cost you 400k-600k.

 

[TheMangoTiger]

I would use it to pay for university, buy a car(once I have a license), give some to my parents and my brother, go on a shopping spree then travel the world with my friends and finally adopt 100 cats and buy a mansion for them all to live in

 

[Joshy]

I would use it to pay for university, buy a car(once I have a license), give some to my parents and my brother, go on a shopping spree then travel the world with my friends and finally adopt 100 cats and buy a mansion for them all to live in

cats :3

 

[AsteroidsAU]

No, you don't.
You can get some houses for as low as 350k, but they are pretty bad.
Most decent houses will cost you 400k-600k.

not where I live its 1 million here coz land he his expensive here in Aus

 

[Imanol]

Anime

 

[Rets]

not where I live its 1 million here coz land he his expensive here in Aus

To BUY, not to build.

 

[AsteroidsAU]

To BUY, not to build.

still

 

[Trilexium]

Ehh, donate 100k to charities, spend 20k on CS:GO items (lol), buy my dad a new Aston Martin (so I can have his old DB7 lol), invest 500k in stocks and such and keep the remains as money for college education.

 

[Giggity69Goo]

I would first use it to pay for my High School which is $39,000 a year. With that, my parents can finally save more for college. I would have some left over so I would just spend it here and there not very often on things that I desperately want.

 

[Lively]

Good luck finding a house for 150k-200k. Most houses cost upwards of 400k, and that's for the small, old ones you see on sale all the time.

I don't know what houses you look at.

If I wanted to buy a house in West Lafayette, which is where I'm going to college, I found a few decent houses within my price range.

For example: http://www.realtor.com/realestatean...ve_West-Lafayette_IN_47906_M30696-04747?row=4

http://www.realtor.com/realestatean...d_West-Lafayette_IN_47906_M30452-32820?row=57

Now I understand, that average price for a house fluctuates per state. For example, in Indiana, the average price for a home is around 100k, while in California the average price for a house is upwards of 250-300k. It's a matter of location and how much people want to be there.