05-06-2009, 05:40 PM
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#1
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First Line Centre
Join Date: Aug 2003
Location: Toronto, ON
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If you won the lottery, would you work?
As I head back to work, after 2.5 months of blissful unemployment, I wonder...
1. Would I work if I won the lottery?
2. How much would I need?
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My answer?
1. Not likely. Probably just "manage" my portfolio about 20-30 hrs per week.
2. Hmm ... $40M?
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05-06-2009, 05:45 PM
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#2
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One of the Nine
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Gimme 10 million today and I'll be the biggest real estate holder in the city within 20 years.
So, yeah. I'd work.
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05-06-2009, 05:49 PM
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#3
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Voted for Kodos
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Life without some work is boring. Part of life's pleasure is seeing the fruits of your labours.
A good portion of that work might be managing investments.
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05-06-2009, 05:55 PM
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#4
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Lifetime Suspension
Join Date: Aug 2005
Location: CP House of Ill Repute
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If I won a multimillion dollar lottery, I'd stop working.
There are so many things that I'd rather be doing then working why would I work? I'd be able to travel whenever and wherever I wanted. I could take up golf seriously and get the best instructor so that I'd actually have a chance at not being terrible. See a Senators game in every NHL rink.
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05-06-2009, 05:55 PM
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#5
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Franchise Player
Join Date: Jun 2004
Location: Calgary
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unless you call traveling work then no i wouldn't, theres more to see in this world then you can do in a lifetime.
well managed i think 15mil could last me. Of course some would be spread around to friends and family too.
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05-06-2009, 06:02 PM
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#6
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Franchise Player
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Heck No!
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05-06-2009, 06:04 PM
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#7
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Franchise Player
Join Date: Oct 2001
Location: Kalispell, Montana
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Yes I would, for myself.
What would I need to make that happen? At least $20 M.
__________________
I am in love with Montana. For other states I have admiration, respect, recognition, even some affection, but with Montana it is love." - John Steinbeck
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05-06-2009, 06:05 PM
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#8
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Franchise Player
Join Date: Sep 2005
Location: Calgary, AB
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Hell no I wouldn't work, life is too short.
More time for watching hockey, playing hockey, working out, dating women, travelling the world, reading books, watching movies, listeneing to music, writing music and dating women. I'd build a house, work on countless personal projects and do what I want.
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05-06-2009, 06:05 PM
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#9
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One of the Nine
Join Date: Jul 2007
Location: Space Sector 2814
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Well I know I would still eat Kraft dinner, but the expensive stuff.. yea.. with really good ketchup!
__________________
"In brightest day, in blackest night / No evil shall escape my sight / Let those who worship evil's might / Beware my power, Green Lantern's light!"
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The Following User Says Thank You to GreenLantern For This Useful Post:
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05-06-2009, 06:07 PM
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#10
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First Line Centre
Join Date: Aug 2004
Location: Fort McMurray, AB
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Not a damn chance! Well, at least not for someone else. I'd likely travel for awhile, then either open some sort of business that I really enjoyed and didn't care if it turned huge profits, or just play day-trader or some such financial thing....or both!
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05-06-2009, 06:09 PM
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#11
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#1 Goaltender
Join Date: Oct 2005
Location: Not sure
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I think I could make it (for the rest of my life+take care of the kids) with 5 mil.
Other than that... long holiday and keep working.
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05-06-2009, 06:10 PM
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#12
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Franchise Player
Join Date: Jul 2008
Location: At the Gates of Hell
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I know a guy who won $12 mill after taxes in the Mass lottery. He however didn't take the lump sum, don't know if he had a choice. His wife works in a retail store, he sits in the garage and drinks . It's been like that for 4 years. Maybe his dream is to sit around and get drunk. It just makes me cringe!!
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05-06-2009, 06:12 PM
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#13
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Franchise Player
Join Date: Oct 2001
Location: Vancouver
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I'd stop working for other people... and just work for my own endeavors.
__________________
"A pessimist thinks things can't get any worse. An optimist knows they can."
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05-06-2009, 06:12 PM
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#14
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#1 Goaltender
Join Date: Oct 2005
Location: Not sure
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Quote:
Originally Posted by GreenLantern
with really good ketchup!
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"Gourmet",
Is the term you were looking for.
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05-06-2009, 06:15 PM
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#15
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#1 Goaltender
Join Date: Jan 2007
Location: Southern California
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I wouldn't work for someone else. I've thought about some things I would do with a big lotto win. Obviously take care of my family and friends first. I'd like to start a private school that would be free for students who want succeed academically but who's parents can't afford a private education. I'd also build a hockey rink for youth leagues that didn't compete with figure skating and public skating for ice time. There would also be no politics allowed and it would be clean. The warm rooms would be warm, the locker rooms wouldn't be gross and the spectator area would have excellent sightlines.
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05-06-2009, 06:18 PM
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#16
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One of the Nine
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Quote:
Originally Posted by missdpuck
I know a guy who won $12 mill after taxes in the Mass lottery. He however didn't take the lump sum, don't know if he had a choice. His wife works in a retail store, he sits in the garage and drinks . It's been like that for 4 years. Maybe his dream is to sit around and get drunk. It just makes me cringe!!
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I have two different friends that each know someone that has won the lottery. One was $5 mil, the other, I can't remember. Long story short, both were broke within 5 years.
I understand the desire to travel and enjoy life. That's obvious. Maybe it's just me, but I get alot of satisfaction from work. Maybe I'm lucky that I do something that I really enjoy, but I've had jobs that I hated and I still got some satisfaction out of doing them well.
I really don't think I could just throw away my boots and sit on a beach all day, everyday, for years. I'd need projects. And not just personal projects like restoring a car, I'd need to accomplish things that would, at the very least, keep my bank account above the level it got to with the lottery win.
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05-06-2009, 06:23 PM
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#17
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First Line Centre
Join Date: Oct 2006
Location: Fantasy Island
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I for sure would quit my current job and travel and golf a lot. I might take the first year to decide what I want to do with the money, investments, etc and not make any big purchases until I was a bit more educated and comfortable with my riches.
I only buy tickets when the jackpot gets higher than $20 million. But really, I'd be happy winning more than just free tickets!
__________________
comfortably numb
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05-06-2009, 06:25 PM
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#18
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Franchise Player
Join Date: Jul 2008
Location: At the Gates of Hell
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Quote:
Originally Posted by 4X4
I have two different friends that each know someone that has won the lottery. One was $5 mil, the other, I can't remember. Long story short, both were broke within 5 years.
I understand the desire to travel and enjoy life. That's obvious. Maybe it's just me, but I get alot of satisfaction from work. Maybe I'm lucky that I do something that I really enjoy, but I've had jobs that I hated and I still got some satisfaction out of doing them well.
I really don't think I could just throw away my boots and sit on a beach all day, everyday, for years. I'd need projects. And not just personal projects like restoring a car, I'd need to accomplish things that would, at the very least, keep my bank account above the level it got to with the lottery win.
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I agree. I need to feel like I'm achieving something. Every November Mike shows me his $1mill plus check from Mass. So he just has 8 more years of that. He comes from kind of a rough neighborhood near Boston. I suspect he didn't take the lump sum out of fear of blowing it all.
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05-06-2009, 06:26 PM
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#19
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ALL ABOARD!
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I wouldn't work for someone else.
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05-06-2009, 06:27 PM
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#20
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Franchise Player
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I have a dream job I am working at getting to. If I won the lottery tomorrow, I'd quit my curren job and work solely on achieving that dream. Atthis point, anything over 500k and I'd quit my current job.
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