A special thanks to Publishers Clearing House for sponsoring today’s discussion.
There’s no doubt that winning 1 million dollars is life-changing for anyone. Two weekends ago I played in the biggest Powerball jackpot ever. At $590.5 million dollars, I crossed my fingers, arms, legs (well you get the picture) in the hopes that I would win BIG that Saturday night. I don’t typically play the lotto or Powerball, but I sure went to bed hoping. I awoke Sunday morning to dreams of winning the Powerball and what I would have done with the money. LOL! And although the single winning ticket was sold right here in Florida, sadly it was not me….
So that got me thinking (and dreaming) about how winning 1 million dollars would change my life.
Hands down the first thing I would do if I won the 1 Million plus $5,000 every week for life Mega Prize is buy our dream home.
We don’t have a lot of debt, other than a mortgage and car loan, so we would take care of the remaining balance on those loans, and then put a large portion into the kids college fund.
Because the Mega Prize includes a check for $5,000 every week (roughly $20k/month), I would help all of my family members with their debt. That includes Mom, Dad, my brother, Nate’s family, etc. We won’t have a mortgage since we would buy our dream home outright, and probably rent out our old home, so we would have more than enough money to help others.
Next I would give back to our community. A portion of our weekly $5,000 check would be donated to a food bank and a women’s/children’s shelter.
With the remainder of our weekly checks for life, we would travel. We enjoy traveling and have already been to several places like Paris, Barcelona, Jamaica, and more. But we would travel more leisurely and enjoy the experience with our kids.
Okay, it’s your turn….what would you do if you were to win One Million Dollars plus $5,000 a week for life in the Mega Prize by Publisher’s Clearing House? Dream big! Would you do anything differently?
Disclosure: All opinions are my own. Images courtesy of wallpaperswala.com, money.msn.com, firststateloan.org, and guardian.co.uk.
Michaela G. says
Well, I just wanted to say that “I love” all the things that you said and it just makes you think about winning MEGA SUPER BIG from PCH!!! I know I enter everyday in hopes that one day I will win MEGA BIG from PCH and that all my dreams will come true too.
Amy Tolley says
i would also do the same as you stated about helping out family memebers…but i would also give to the charity groups here in our town there are so many kids going hungry and having nothing ever not even a present at birthdays or christmas…I believe in helping the united states right here in your own towns there is much homeless and less fortunate living right under our noses….we take our son to the park down the road from us and always there is a van full of kids that live in a group home because of having no parents or unfit parents and they have been taken away…I had the cutes little boy come up to me one day at the park and asked me to please tie his shoes hes didnt have any mommy or daddy to help him he lived in a home with many other kids…it just broke my heart…so i even not rich right now try to help out with donating clothes and toys during the year to help out around christmas time and other times….thanks…
Becky Jane says
Get out of debt, college fund, give tons to my church, and give the rest away as I saw fit. Too much is too much, so I’d rather share than be overwhelmed.
Lexie Lane says
Oh! This is a good list! Gosh! What would I do? Somehow I don’t like to think of it cause I feel like I would be jinxed! Not that I think it would happen! lol!
tiffanyhren says
Love this!! Thank you so much for the info!!
Christy Garrett (@upliftingfam) says
If we won, we would pay off all of our debt and give a portion of the proceeds to our church.
Maria says
Wouldn’t that be fantastic??I’m ready to be a millionaire!
Karen Glatt says
I would get a new car because I need one really bad, and then I would remodel my home if I won 1 million dollars. It would change my life for sure. I am not in debt which is a good feeling!
Crystal says
What wouldnt we do-ohh the possibilities!
Sofia Byrd (@frompdxwithlove) says
Well, we would pay all of our debt. We would pay off our house (which is an investment property). My husband, of course, would by himself a new Audi. We would also buy a new house, and furnish it. We would put some aside for the boys. Travel. And my husband would also love to do his very own version of the Shark Tank in our town.
taylorgilmore says
Hmm, I have so many thoughts swirling around in my head right now. Let’s see… I’d pay off all debts, help my family, donate to several charities near and dear to my heart and travel a bit.
Gina Valley (@GinaValley) says
I would love to be able to give that amount of money away. There are so many wonderful things that could be done for our world and the people in it with that amount of money.
sandy says
I already have my house in my dream location. But I would buy some of the land surrounding me. I am not sure exactly what I would do with the rest. Some for college, some for family and friends. Then the rest I would really have to think about.
Paula Bendfeldt-Diaz (@paulabendfeldt) says
I find a financial advisor and would probably invest it. Then with the profits I would set up a percentage of that to give to different causes (first one would be to combat world hunger). I would pay off the little debt that we have, prepay college for the kids and set up trust funds for the kids and retirement money for both my parents. I would of coarse travel a lot and help out.
trisha kilpatrick says
First thing I would do is buy a new air conditioner. We need one so badly.
Stephanie McCann says
We would buy a home rather than renting. 🙂 Give a portion to charity and save the rest.
rsrote says
For the most part I think daily things would stay the same…but I’d buy dream home for sure and we’d travel more too. My bucket “WISH LIST” is to visit all 50 states so we’d work on completing that. And would deff help my Mom and Dad =)
LisaLisa says
First I would scream and start Thanking God! Since we have no debt I would most likely travel and give to the homeless , kid shelters and build me a new home.
Jenn- The Rebel Chick says
I second your travel the world response. I absolutely love traveling around and experiencing new cultures. So that would be close to the top of my list. Of course pay off some debt would be in there as well as donating to local causes as well.
Sheri says
Being debt free would be awesome.
Marcela K. says
Well, we have NO debt aside from the rent we pay. We paid cash for both our cars and have no credit cards or loans. Right of the bat, we’d buy our dream home. Then, set aside money for our four boys to go to college. Anything left we’d put in savings/invest and let it get bigger for when my husband retires! I’m a stay-at-home mom. : )