Asklemmy

Pay debts and medical treatment for self/family/friends, pursue hobbies, volunteer, donate, travel... Find a place to live and settle down.

Pay off mine friends and my student loans, pay for moving costs to a European country for me and my friends, pay for US citizenship denouncing for me and my friends, set aside an amount of money for myself and my friends for savings to live comfortably, pay for first month's rent for me and my friends, pay for food for a month for me and my friends, and then if there happens to be anything left, donate it to charities.

I've got a couple of people in my life I would set up, take care of my family's long term debts, set aside enough to retire tomorrow, and find a charity I really liked to donate the rest... the fuck I need that much money for?

Buy a private island, get drunk and give a large portion away to random people

Let's be a bit more realistic, I won 1 000 000 €. I would donate most of the stuff:

• Transfer 500k € to the National Bank of Ukraine;
• Transfer 70k € to nonprofits in my city;
• 30k € goes to spread the message of FOSS and Linux to Lithuania. That includes:
  • Establishing and maintaining a nation-wide open-source social network, primarily targeted for IT
  • Funding to FOSS projects in Lithuania (I don't know any ATM, though)
• 100k € goes to global IT non-profits, such as:
  • Wikipedia;
  • Lemmy and the Fediverse;
  • The Linux Foundation;
  • et cetera.

I am left with around 300k € that I'd use for myself.

Non-capital (leisure and hobby) (40k €):

• I'd like to have some free time/make my close friends happy, so ~10k € for that.
• Also, I'd like to travel to Japan, meet ZUN, have some alcohol-free beer with him. 10k € for that.
• 10k € for travelling (leisure) across Europe (incl. attending FOSDEM).
• Knowing myself, I'd really have some mad and stupid ideas appearing in my head, 10k € for that.

Capital/investing (260k €):

• I'd definitely have to buy an accomodation in Kaunas or Vilnius (I hope it's not Vilnius) if I'd like to continue my career in IT, so 100k € for that.
• Education (in a period of 3 years) (10k €):
  • LFCS/LFCE courses
  • Advanced mathematics and algorithms courses
  • Professional soft skills training
• 10k € is reserved for a black day, unused.
• 15k € of non-profit network infrastructure (hosting FOSS projects) (incl. maintenance for 4 years)
• 15k to have an individual for-profit business.
• Distributed investing (90k €, incl. investor costs)
• 20k is another buffer money for household expenses.

I'd get a house for me and my family. Make sure my parents have a house that meets their needs as well. I'd hire a personal trainer to get in shape and take a few months off work while I figure out what to do next.

Pay off the mortgage and quietly live out the rest of my life, probably on the interest alone.

first thing I'd do is buy my mom a house and py off all our debt. It'd be nice to have some time alone as an adult without having to leave her homeless or whatever. Next I'd find a restoration shop for my truck, buy the shop and make them fix my truck. Why buy the shop? Why not I've always wanted to be an automotive restorer and now I've got whatever is left after taxes and fees. Then I'd probably have my own house built the way I want it. After that idk. I'd have more money then I'd ever know what to do with, have my own shop with the latest and greatest gear and the best mechanics around. I'd hav le my own house and my mom would be taken care of. I'd probably buy my best friend and her parents a house, afaik she still lives at home and her parents rent.so that'd be doing them a big favor.

I’d buy an electric car, a 40 watt laser engraver, I’d build a workshop in my side yard, install a vented hood, get some new larger 3d printers, a paint airbrush system, set up a bicycle repair area, and set up a computer workshop in there. And never leave my workshop.

Have you ever seen office space? Peter's answer or his neighbor's answer. Probably both.

I hope I could have it pay out maybe $1 million a year for 1000 years. If not…

I would find a financial advisor how to save and invest properly so my money could make money. I would give a bunch to my parents and sibling so they don’t have to worry. I’d give a bunch to my extended family. I would give a bunch to my friends. I would restart a nonprofit I was a part of. I would build housing and a support system for unhoused people. I’d buy some medical debt on the market to forgive it. I would lobby a few politicians to do some good things. I would travel some.

I would use the entire $1 billion to buy company stocks and use them to try stop their bad behaviors/investments, like stopping Big Petrol from polluting more, Google from spying on their users, etc.

Pay off all debts and mortgages for myself and my immediate family, then put away whatever’s away into separate HYSAs for a few months to let the initial rush go away.

Whatever the hell I wanted to do. Rich people don't go to jail.

Pay off my house, do all the little projects in the house we couldn't afford, save enough for the kids college fund, and buy a few shiny toys. Then go back to work like normal...I'd go insane with nothing to do all day. On the plus side, my family will have the most amazing vacations.

Hire and accountant. Taxes are too complex and most lottery winners are bankrupt in 10-20 years as they fail to budget correctly.

I'd probably pay off my house, upgrade the furnace to a heat pump (something i'm doing with the next bonus anyway) turn the rest over to charities. Though with that much money finding charities that can even accept that much money is hard.

With a billion I could probably buy a huge island just for myself but in all honesty I just need a million so I can retire. It's more than enough.

First, I would purchase my favorite charity from the lovely lady (a friend of mine) who runs it for 10 million. Then I would expand its reach a lot.

Put it in a bank earning 4% interests and live off of it for the rest of my life. Yeah I'm a simple man.

Hire an accountant.

My usual luck would appear and I would die in my sleep before I can cash out.