Today’s post is inspired by the daily prompt:
You just inherited $1,000,000 from an aunt you didn’t even know existed. What’s the first thing you buy (or otherwise use the money for)?
My family is very small, and I’ve done a pretty good job of tracing my ancestry as far back as the 1870s, so I’m pretty certain that no dead aunt is going to suddenly pop into my life. I do have another investment strategy, with even less likely odds, and it’s name is Powerball.
Every once in a great while,when the jackpot is super high, my husband and I will break down and buy one solitary Powerball lottery ticket. I’ve witnessed people buying $100 worth, or more, foolishly unaware that their odds haven’t increased and that they’ve just wasted $99 that could have been spent on their electric bill, or new shoes for their kids. In fact, according to an article on The Daily Beast, odds are much greater that I could get struck by lightning, die of a flesh-eating bacteria, or get hit by a meteor during the asteroid apocalypse, than win the lottery.
I enter into my one dollar investment with full disclosure that my portfolio is likely to yield a big, old, goose egg of a return. However, secure in the fact that someone will likely win, there’s a small, dim glimmer of hope that it could be us. So, from the time that I hand over my buck to the cashier at my local 7-11 to the hour that I check the winning numbers, my mind will drift to the possibility of hitting the big one for hundreds of millions of dollars. My husband and I agree that we’re buying ourselves a little chunk of daydreaming time for our dollar.
The best part of hitting the jackpot would be paying of all of our various debts. Then with a clean slate, we’d pay off my daughter’s medical school loans and set up all three of our kids in their dream homes and put plenty of money in their bank accounts, so they would only work if they wanted to.
Next, I would hook up my best friend; pay off her house and debts and hire a cook and driver for her–because she is unable to use a stove or drive with her head injury. I’d also set up a trust and a financial manager for her.
There are three ladies who were a tremendous help to me, long ago, when my first husband left me and took our only car. These three friends drove me back and forth to work (we worked at the same school) and refused my gas money offerings. One even anonymously gave me a gift card for winter coats for my daughters and me that year (she denies it, but I know it was her). These ladies would get brand new cars with unlimited gas cards, and would never have to work again.
In terms of charitable work, I’d love to set up a compassionate care foundation to help those unable to pay for medical, or other needs. This would especially include the mentally ill, single parents, and the elderly.
Lastly, my husband and I would give our current house to a needy family, and then move to a luxury beach house with a gym and a heated indoor/outdoor pool. I’d also hire a personal trainer to visit our home five times per week, and a chef to cook healthy us meals–in between our world travels!
It’s funny, writing about my dreams of having millions is almost as satisfying as actually purchasing a lottery ticket. Maybe I’ll just post this and save myself a dollar, after all, the odds really aren’t in my favor!
Speaking of odds, I LOVE this song by The Barenaked Ladies!!