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In reply to the discussion: OK, just for fun. You just won the $400 million jackpot. What do you do? [View all]davidpdx
(22,000 posts)I'd pay off my mortgage and my student loans. I'd buy a house in Portland for my brother to live in and that was also big enough that we could stay there when we come to visit. Next I'd buy another house here in Korea, one that is a little bit bigger than the one we own now and rent this one out. I'd buy myself a nice car and give my old one to my wife. My mom pretty much has everything she needs, but she did just buy a new car recently so I'd pay that off for her to help her keep her bills down and give her a bit of extra breathing room. I'd buy a first class ticket (one on Singapore with the beds) for her to Korea and tell her after 10 years there are no more excuses not to visit. All that would probably come to about $2-3 million.
The rest I'd invest in something safe like mutual bonds where I could live on $100,000 a year for the rest of my life.