What would you do if you won Lotto?

Kia Ora,

Most people believe investing is risky. But then they buy a lotto or lottery ticket each week so they have the chance to be rich.

So what would you do if you won?

You listen to the media reports & most people are saying the same. Pay off the mortgage, give to some charities, help their friends & family out, but most of all they won't change.

When I hear that I know they are likely to join the 90% who will be back where they are or worse off within 5 years, possibly even one year.

They as people don't need to change but their mindset does.

OK I would of done as they did once, but after winning a lotto powerball 2nd division prize(it is not that great an amount) I thought I better look into things, then when I landed some work in Iraq, I thought I better look a bit more. So now I work on my investing, but I still buy a lotto ticket & have a plan on how I would invest it.

All it would do is bring my goals closer quicker, it doesn't change my plans essentially.

So what would I do?

This weekend powerball is I think $5 million.

10% goes to charity, usually 10% of any earnings goes to my investment account(no matter how small the amount) but in this case most of it is going to be invested.

From there I would take $3million for investing in each company(3) I have currently set up, each company would then purchase good cash flow investments (probably commercial property of a type I have identified that are likely to do well whatever the economy does).  This will give the companies cash flow to base their operations on & allow them to jointly set up a fourth company in line with my plans. These companies & in fact all my plans are based on my definite major purpose in life & how to make a difference in the world.

The remaining $1.5 million will purchase Gold & Silver as a hedge against the coming inflation/hyperinflation due to the same mistakes history shows will bring this about.

Any little bits extra, as there is always more than the stated amount especially when a lot of tickets are sold, I will treat myself & my partner if I find one.

So what is your plan should you get a windfall? No good saying it won't happen to me, then it won't. Or if it does you will be one of those people who we see on TV who have lost it all. Or you can have the Donald Trump mindset, loose it all & back to a Billionaire again.