You’ve just won $1 billion dollars in the local lottery. You do not have to pay tax on your winnings. How will you spend the money?
I spend a good deal of my daydreaming time thinking about that elusive lottery win. Here in Australia we don’t pay tax on lottery wins, we don’t usually have prizes as high as $1 billion dollars either but as it’s all fantasy anyway we’ll say that there is and that I won it, not me and a syndicate of 19 other people, just me.
I cannot even begin to imagine what a billion dollars is like. It’s too big a sum to imagine. When Hubby and I talk about what we would do if we won lotto he always starts talking about investments and being able to live off the interest for the rest of our lives. Well that certainly makes sense but it’s boring so I’ll skip over that and say that we are debt free and Hubby has made all the arrangements for our financial security that he wants. I want to think about the fun stuff, spending some of it!
I’ve always said that if we were to become fabulously rich I wouldn’t necessarily want to start living like one of the jet set. I don’t want a garage full of fast cars a private jet or designer clothes. I certainly wouldn’t start trying to live life in the fast lane going to nightclubs and hanging out with the rich and famous because I really don’t care about that.
After we have taken care of the needs of our closest family members the first money I would spend on ourselves would be on our house. It’s an old house and it needs work. Yes, I know we could buy a much better house and maybe in time we would but I like this one. I have spent a long time thinking about how nice it could be repaired and redecorated and I would do that even if we didn’t stay because I want to see how it would look and because I would have a lot of fun choosing all the colour schemes and picking out what furniture we wanted. We have a big 3 car garage where Hubby keeps some of his hobby stuff. I’d have two-thirds of it turned into a proper man cave with proper walls and a ceiling, good lighting and heat in winter. I’d have storage shelves put up so he’d have all of his bits and pieces at hand.
I’d treat myself to custom-made shelving to display all my dolls and hold my craft supplies. Our pets would get their own play areas too. There would be a cat enclosure outside with access to the house through a cat flap. Polly would be able to come and go as she pleased and I’d never have to worry about her getting lost, run over or hunting the local wildlife. Cindy, our fence climbing dog, would also get a secure area in the back yard with a kennel so that she could spend unsupervised time outside without me worrying that she’d gone off to chase wallabies, strayed into the farm or wandered onto the road.
If we had decided that we didn’t want to move I’d like to buy the land behind us. When we first moved here there were four empty blocks of land at the back of us and behind that a farm. A neighbour used to graze her horse there and we’d often see it near our back fence. Later a developer came, bought the land, put up transportable houses, went broke and left. Well, once the land was mine I would wait for each tenant’s lease to be up and when they had moved I’d have the houses taken away because they are really ugly. I don’t really have any plans for the land. I’d just let it go back to nature. Maybe I’d offer it to anyone who wanted agistment for their horse. I don’t want a horse myself but I liked seeing one there.
I expect we’d buy a new car too, not a luxury car, just a car that nobody else has ever owned and that we picked for its features ahead of its price. A practical car that you can put a dog in the back of. I don’t drive and I don’t see myself learning but I would be able to afford taxi’s or a car and a driver for a day if I wanted to go somewhere alone.
There are some organisations that I’d want to support too. Amnesty International, Greenpeace, Oxfam, Red Cross, the Salvos and various animal charities would get regular contributions from me and I would no longer have to suffer the embarrassment of telling a charity collector that I couldn’t afford to give. I’d like to support our community in some way perhaps by some kind of fund to enable small businesses to grow and employ more people. I’d do this anonymously if possible because I wouldn’t want it to be a big deal.
With a cat enclosure and a totally secure back yard we could foster rescued cats or dogs waiting for permanent homes.
Travel is probably the one area where I would be very self-indulgent. There are so many places that I want to see and experiences I’d like. My billionaire status would mean that I could travel regularly and I would for as long as my health was good. Having money would mean being able to fly first class on long haul flights and not arriving stiff and sore from a cramped seat. Every few months I’d set off with or without travel companions to see something new within Australia or overseas. I’d have such fun ticking items off the travel bucket list. Recently I read a great article about crossing the Atlantic on the Queen Mary 2. My sister and I would love to do that so that would be the top of the list I think.
If I wanted to go to see a concert or a play I could buy a ticket, hop on a plane and go. If I wanted to see a sporting event I could go. If I wanted to visit friends or family in another state or another country I could go. I could have the pleasure of living quietly in the country but still enjoy what big cities have to offer.
That’s how I would use my billion dollars, to have a more fulfilled life.
- A Dream Come True (flowersandbreezes.wordpress.com)
- Daily Prompt: You’re A Winner!!! (nicolesloansbooks.wordpress.com)
- Daily Prompt: You’re a Winner! (kimberlymringer.wordpress.com)
- Lottery winner gives $40M to charity (cnn.com)
- $27 million lottery winner lived in feces and died broke 12 years after hitting jackpot (rollingout.com)