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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Spinoff to Lottery threads: How much is "a lot"?
How much is considered a BIG, life-changing lottery winning?
I think it would need to be 10 or more. 10 mil in payments is roughly 250k per year for 40 years.
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Posted 12/4/08 9:54 AM  |
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MarisaK
HELLO Manolo !!
Member since 5/06 14562 total posts
Name:
Marisa
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Re: Spinoff to Lottery threads: How much is "a lot"?
IMO anything I don't have to work for is a lot !!! 
But I'm the loser that gets excited over a $5 win on a scratch off 
Message edited 12/4/2008 9:57:51 AM.
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| Posted 12/4/08 9:57 AM |
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RoleModel
LIF Adolescent
Member since 4/08 500 total posts
Name:
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Re: Spinoff to Lottery threads: How much is "a lot"?
Enough to pay all outstanding debts would be life changing.
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| Posted 12/4/08 10:01 AM |
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CaMacho
Sisters :)
Member since 7/06 15112 total posts
Name:
Jess
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Re: Spinoff to Lottery threads: How much is "a lot"?
$500,000 would be life changing.
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| Posted 12/4/08 10:02 AM |
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GenLCSW
Baby # 3 is here!!!
Member since 7/05 21138 total posts
Name:
Genna
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Re: Spinoff to Lottery threads: How much is "a lot"?
Posted by MarisaK
IMO anything I don't have to work for is a lot !!!
But I'm the loser that gets excited over a $5 win on a scratch off
 same here! I won $5 on a scratchoff recently and you would have thought that I won $5mil 
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| Posted 12/4/08 10:04 AM |
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MrsPorkChop
Twinning!!
Member since 5/05 9941 total posts
Name:
Missy
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Re: Spinoff to Lottery threads: How much is "a lot"?
750-1 mill
i would pay off my home and would alow me to save for 2 (future children) college tuitions and have a little extra for spending.
since my home is paid off i can use my salary for more fun things for the future children
that would be life changing for me
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| Posted 12/4/08 11:00 AM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: Spinoff to Lottery threads: How much is "a lot"?
Posted by MrsPorkChop
750-1 mill
i would pay off my home and would alow me to save for 2 (future children) college tuitions and have a little extra for spending.
since my home is paid off i can use my salary for more fun things for the future children
that would be life changing for me
1 million in installments is $25k a year for 40 years ($50k for 20 years), plus you need to pay income tax on it.
A lump-sum payment will net you about $300k.
I figure that DC's college will cost about $200k - $400k each.
I still wouldn't turn down a mil, but it wouldn't be life-changing for me, just make things easier.
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| Posted 12/4/08 11:14 AM |
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drpepper318
MIR MIR MIR!
Member since 6/07 8274 total posts
Name:
me
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Re: Spinoff to Lottery threads: How much is "a lot"?
Life-changing as in my husband & I can quit our jobs for good, can live comfortably and still donate... I'd say over 10 million.
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| Posted 12/4/08 11:25 AM |
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Krystal
My everything
Member since 12/06 1224 total posts
Name:
Krystal
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Re: Spinoff to Lottery threads: How much is "a lot"?
At this point anything over 3 million would be life changing in the sense that we could own a home.
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| Posted 12/4/08 11:38 AM |
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IrishLasss334
I'll be there soon!
Member since 1/08 6549 total posts
Name:
Patty
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Re: Spinoff to Lottery threads: How much is "a lot"?
For me, any of the choices is life changing. they would all be one step closer to me eliminating my debt.
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| Posted 12/4/08 12:54 PM |
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Chrisnamy
Summer is coming soon
Member since 1/07 3991 total posts
Name:
Amy
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Re: Spinoff to Lottery threads: How much is "a lot"?
Posted by RoleModel
Enough to pay all outstanding debts would be life changing.
ITA
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| Posted 12/4/08 1:51 PM |
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