this post was submitted on 01 Nov 2023
1 points (100.0% liked)

Entrepreneur

0 readers
1 users here now

Rules

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 10 months ago
MODERATORS
 

Honest question for the entrepreneurial (merely for personal use!) What would you do if you won the lottery, but:

  1. With $1 million
  2. With $2 million
  3. With $5 million
  4. With $10 million
  5. With $20 million

What would you purchase, invest in, create (eg. businesses, etc.) etc.?

What would be your financial goal, how much is "enough?"

Where would be your base, would you move; why?

What if you were a good person, ethical, not predatory or selfish, and wanted to do good?

What if you were religious, and wanted to give back, or start an initiative?

What if you were a woman, would it have any bearing on what you would/could do, or its ease?

How would you put this windfall to its best use, for both you and others, to maximize it, in perpetuity?

You don't have to answer all the questions, it's moreso testing business savvy, financial literacy, trends, and a balanced life; and generating interesting discussions.

Thank you for your contributions. 🙏🏻

you are viewing a single comment's thread
view the rest of the comments
[–] Lease-Advice-Bureau@alien.top 1 points 10 months ago

I was interested in the answer to this question:

https://www.amoneythinghappened.com/post/is-the-lottery-tax-free

apparently it's not taxable, but the interest is.