If you won $1,000,000.00 what would you do? - The Horse Forum

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post #1 of 48 Old 07-07-2008, 07:00 PM Thread Starter
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If you won $1,000,000.00 what would you do?

I am curious to know what you guys would do if you won $1,000,000.00

What would be the first thing you would do? Would you retire? Would you sell your horses to get "better" ones? Would you change your style of dress, your car? Because you can now afford it?
Tell me everything


I'll start:
I would start off by finishing paying our house. I would spend money on a trip to Disneyland for my entire family to all go at once. Bring the family together and have some fantastic memories.I would give 30,000 to each of my older brothers who are married with children to help them financially (probably would go on their mortgage).

After our trip I would then go on a shopping spree and go spend a couple hundred dollars at a tack store. I wouldn't change my clothing as I like what I wear and because I know I already have way to many clothes I don't think I would go out and buy more. I would take my mom on a shopping spree. I would go buy the new lens for my digital camera which I have been drooling over for months.

I would keep all 3 of my horses. I wouldn't buy more horses. My current babies are all that I have ever dreamed and wanted.

As for the rest? I would put in on a bank account where it can collect money each month. Use some of that money for the purchase of my own house when the time comes.

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post #2 of 48 Old 07-07-2008, 08:48 PM
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Join Date: Apr 2008
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Bill and I splurge every so often on a lotto ticket so we have had this talk before.

1. Go into hiding, most likely take the family on a trip.(hawaii or europe)
2. Pay all bills off.
3. Buy a nice property, the one we are on is for sale for a mere 2.2 mill. We might buy it!
4. Build new house, nothing super sized..the kids HAVE to leave sometime!
5. Set up college accounts for the kids and a retirement fund.

We would also build a riding facility and keep the horses we currently have, but buy a few more so we could all ride.

I have heard so many stories where folks go so nutso and end up loosing everything so we would set up a plan with a financial advisor type person so that we could use our money to make money and we also are undecided as to which charity or rather, how, to give to our community, that would be a priority too.

Be strong and courageous, and do the work. Don't be afraid or discouraged by the size of the task, for the Lord God, my God, is with you. He will not fail you or forsake you.

1 Chronicles 28:20








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post #3 of 48 Old 07-07-2008, 09:36 PM
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hmmmmmmmmmmm lets see lol

1. I would buy me a huge house with property
2. Buy me some nice horses and buddies for Buck
3. Buy me a nice truck and horse trailor
4. Buy me another car for joy riding places
5. Start a saving account and puttin money for my future kids to go to school on
6, Give the rest of the money to my parents for all the things that they gave me and bought me when I was little :)


And I thnnk that is it

3 barrels , 2 hearts & 1 passion
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post #4 of 48 Old 07-07-2008, 09:57 PM
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1.buy a stall in a stable, make that 2
2. Pay my sisters&parents debts
3. Buy all the tack I want
4. Put it all in the bank and wait for something worth spending it on
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post #5 of 48 Old 07-07-2008, 10:58 PM
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Here's what I'd do, in no particular order:

I'd put $250k in a Roth IRA
$200k in high interest yielding savings account
Pay for the rest of my college education.
Buy my dream horse (gelding, draft cross, hunter!)
Buy a nice house & furnish it
I'd pay off my current car, put tasteful rims on it and a rear lip spoiler.
Pay off my boyfriend's debt
Buy my boyfriend a truck
Set up a college fund for my little brother

Whatever is left will be used for bills that come w/ owning a home and a horse. :)

No hour of life is wasted that is spent in the saddle. ~Winston Churchill
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post #6 of 48 Old 07-08-2008, 04:26 AM
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I'd buy myself a nice ranch, something with at least 500 acres. Yeah, end of million dollars.
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post #7 of 48 Old 07-08-2008, 05:01 AM
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That'd be so exciting :-D lol

Well, I'd look for some nice property around this area - maybe 10 acres or more and build a house there. Of course lots of horse yards and stables. Indoor washing bays with hot water, huge paddocks for the horses to graze in... and an indoor arena with heaps of jumps. Then outdoors I want a cross country course. I'd let people come and use it if they wanted - it'd be great! And I'd like a forest to go riding and camping in.

And I want a donkey lol I like donkeys - I think they're cute! I'd keep my horse that I have now and perhaps buy some more if I had the time. I'd buy a pony who could pull a cart and I'd use that instead of the car lol (im in a small country town!) Next, I'd buy a 4WD and a horse float so I could take my horse around the place - I've always wanted to go camping with her. Then I'd buy a grand piano because I LOVE grand pianos - I've only ever played uprights.

And that's it... I think I may have overspent hehe I think the thought of a million bucks is making me a bit hyper lol

When I bestride him, I soar, I am a hawk: he trots the air; the earth sings when he touches it; the basest horn of his hoof is more musical than the pipe of Hermes. ~William Shakespeare
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post #8 of 48 Old 07-08-2008, 06:27 AM
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Me, after I had picked myself up off the ground from getting that much money i'd have an absolute ball.
1st off i'd pay off my mortgage, then fix my car (don't want a new one, just want mine running well), then fix my house up (it really needs renovating), then put money in trust for my kids and stepkids, and some for me, then donate to Horse Rescue, then seeing eye dogs australia, and if there's anything left, who knows! Lol
Maybe even start up my business, although that'd take just under $300K so I mightn't have enough left.
Sheesh, don't want much, do I? Lol
Bdna
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post #9 of 48 Old 07-08-2008, 08:34 AM
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I'd pay my house off and my barn off... and all my bills ... Then I'd finish my riding arena... maybe add an indoor.... put money away for max's college fund and maybe his first house and I would quit my job, go to school to be a teacher. I'd bank the rest I think...I'd probably give my brother some money to help pay my neices college funds... Maybe take a trip to Disney...
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post #10 of 48 Old 07-08-2008, 09:01 AM
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Join Date: Jun 2008
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1.Pay off my mortgage.
2.Finish developing our "undevloped" tract of land into my equestrian estate with a 4 horse barn...2 large paddocks...and a grass jumping arena...nothing glitzy...just functional.
3.Set-up a nice savings account for my daughter.
4.Buy my parents solar panels for their house...they live in the desert and their electric bill is their only bill...their house/cars/etc is paid off
5. Take a vacation to Australia
6. Save the rest...and live off the interest
7. Oh and buy one of those little 4x4 Mule or Gators...those are so awesome for mucking stalls...if I was a millionaire I would forever say goodbye to a regular wheelbarrow
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