remember.. if you get millions say 5 million.. and spend 4 million on land and house and ect.. you have to be able to maintain it and do up keep.. that would be like over 50,000 a year or more. so most peopole say "if i won a million dollars id buy a big house and a expensive car" most of these small minded people will spend every last cent to look good then when the electric bill comes in for like 5000 bucks they cant affort it.. lol
oh yea,,,,,,,, Like I said, its all depending on how much I get, i would never even think of spending more than half of my post tax winnings, shoot more like a quarter of them on any big items such as house car or land. Just cuz you have ten mil, doesnt mean you can go spend 8 of it right off on junk. that is a recipe for disaster, just look at all your boxing champs, or other sports stars, musicians or whatever, that have come into the cash, and went hog wild buying everything, a few years after that moneys stops rolling in, or even slows down, they are in deep financial crap.
and with property, like Cr0ck said, you have upkeep, operating expenses, not to mention taxes that will be a constant expense
No house for me just a better camper no nice car for me just a rhino or such to get around my land and a good saltwater fishing boat.My share would be banked 2 million,one million on land,one mill banked for buying and rehabing homes and the last mill set aside to help family and friends.
