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What Would You Do If You Won the Lottery?




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What Would You Do If You Won the Lottery?

By Shannon Doyne


April 2, 2012 6:01 am

Student Opinion - The Learning Network Student Opinion - The Learning Network

Questions about issues in the news for students 13 and older.

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Last week, many Americans found themselves in a lottery ticket-buying frenzy. In this record-breaking Mega Millions lottery, ticket sales reached $1.5 billion. Were you, your family or your friends hoping to win?

In “3 States Sold Winning Mega Millions Tickets,” Matt Flegenheimer writes about Friday night’s drawing:

What is $640 million divided by three? More math than jackpot winners in Illinois, Kansas and Maryland will ever have to do again.

… Maryland’s winning ticket came from Baltimore County, according to the state’s lottery Web site. “This is truly remarkable and historic,” Stephen Martino, the state’s lottery director, said in a statement. “We can’t wait to greet the winner.”

In Kansas, officials said only that the ticket had come from the “northeast region” of the state. Winners in the state have the option of remaining anonymous, said Cara Sloan-Ramos, a spokeswoman for the state’s lottery.

In Illinois, a winner’s name, home city and prize total are made public “to assure other players that prizes are paid to winners,” according to the state’s lottery Web site.

Of course, stories abound about the perils of life after a windfall. There is the tale of Jack Whittaker, a West Virginia man who in 2002 won a $314.9 million jackpot but later said he regretted the payout after years of legal turmoil and personal tragedy.

In November 2009, a construction worker in New Jersey, Americo Lopes, hid a $38.5 million Mega Millions ticket from friends with whom he had been playing the lottery, as a team, for years. Less than three weeks ago, a jury in Union County ordered him to split his winnings.

Students: What would you do if you won the lottery? How much of the money would you save, spend and give away? What do you see as the downside to this good fortune? How would you deal with situations like strangers approaching you for money? Do you think it is possible to win hundreds of millions of dollars and keep your personality, values and outlook on life intact?


Students 13 and older are invited to comment below. Please use only your first name. For privacy policy reasons, we will not publish student comments that include a last name.

Comments are no longer being accepted.

Cody

April 2, 2012
·
7:57 am

If I won the lottery I would give money to both my parents and save the rest for bills taxes and whatever else Id need it for.

Derrick M

April 2, 2012
·
7:57 am

I would continue to go to this school and probably move to a larger house. I’d buy a few things and live normally as I always have.

Macie P

April 2, 2012
·
7:58 am

If I won the lottery, this is what I would do. First I would put enough money away to pay for my collage tuition. Then, I would give back a ton of money to my mom and dad for all they have done for me. Finally I would donate a good chunk of it to cancer research and put the rest away for a rainy day.

Eileen

April 2, 2012
·
7:58 am

If I won the lottery I would put it all in a bank account. I would save all the money and spend the interest that it gains each month. I dont really see any downfalls to wining the lottery. If strangers approached me and asked for money I would say no. I think it would be possible to keep your personallity even though you win the lottery unless you become selfish. I would share my money with my family and help them with stuff if they needed money.

Cory B

April 2, 2012
·
7:59 am

If I won the lottery I would probably save it until I really need it. The first things that I would buy though is a house to live in and start a large business. I would also split up my money and put it into banks across the country so nobody could steal it. I would give some money to charities because they probably need it more than I do.

Ilenia

April 2, 2012
·
7:59 am

If I won the lottery I would help my family, and save some for my college years.

Bella R.

April 2, 2012
·
8:00 am

I think I would go shopping at the mall if I won the lottery with half of it and the other half I’d save for college and a car probably. The only downside I see is that the money will go away fast and people trying to get at me for the money. If a stranger tried approaching me for money, I’d say no and walk away and if they keep harassing me I’d get someone. I don’t think it’s possible anyone would keep their own personality if they won millions of dollars.

Gage T

April 2, 2012
·
8:00 am

If i won 200 million from the lottery like these people than I would put 1/8 of it in stocks. I would put 1/4 in a few CD’s, 2/4 I would use to pay off any bills and any extra I had would be used for everyday items. the last 1/4 would be donated to charity.

Khiara P

April 2, 2012
·
8:01 am

If I won the lottery i would give most if not all the money to my mom and grandma. If I did save some of it, I would just use it for college and a car and apt. The down side to good fortune is that once you get the money the EVERYONE wants some of the money, especially the people you thought were your closest friends. I wouldn’t give strangers any of my money. I think that if you don’t put your self in the public you wouldn’t have a problem with keeping your self intact.

shelby.216

April 2, 2012
·
8:02 am

If I won the lottery I would pay of my parents house, Give money to a charity, go to third world countries, and I would go to disney land or just have fun with some of the money thats left. I would give back to the world and my family before I would have fun with the money because without people in the world its nothing and without a family it’s not fun to be around and see all these others with Families.

Trevor 216

April 2, 2012
·
8:03 am

I would try to save about 1.5 million and the rest I would spend over the rest of my life. I would buy a sweet house and a nice car and maybe invest in a big company.

samuel

April 2, 2012
·
8:03 am

It would depend on how much money the lottery is if it was alot i would first solve all my problems then i would look to the family and help them with there problems so that me and my family would be all set.

Sydney 216

April 2, 2012
·
8:03 am

if i won the lottery, a lot would be done for me and my family. id make it so my whole entire family got some of my winnings. obviously, being a girl id go shopping. but id also save a lot of it for my college tuition and then i wouldd put most of it in the bank. it is estimated that most people who win the lottery loose their riches within five years. i would make sure that i am not that person. iv always learned to use my money wisely. winning the lottery doesnt make my thoughts on money any different.

Colin L

April 2, 2012
·
8:03 am

If i won the lottery, I would probably buy a car a house, and save a bunch for whatever else I pleased, I would probably also give a good 20% away. The downside to winning would be the legal aspect of things. If a stranger approached me for money, I would tell them to get a job. And if you won the lottery, you would be a completely different person, because people would all look at you differently thanks to the fact that you would be rich.

kyle_216

April 2, 2012
·
8:05 am

I feel like if I won the lottery I would stay anonymous. It would be better to avoid crazy people trying to take your money. I also think that it would be easy to keep your personality as long as you don’t forget what is good and bad. If I won the lottery I would first buy a new house in the country of Maine and probably give a handsome amount secretly to all my friends. I’d donate a lot of money to the city and I would still go off to college to learn more.

Kristina B. 216

April 2, 2012
·
8:05 am

If I won the lottery, I would buy my mom a house, and pay off the mortgage. If I had left over money I’d give it to her to pay off any bills she has.

Devin

April 2, 2012
·
8:06 am

If I won the lottery it would be great. Some of the positive thing about it is you could buy almost anything you want. Some of the negative things are people are going to ask you for money.

Jacob H

April 2, 2012
·
8:07 am

If I won the lottery I would give all of the money to my mom. She deserves it and this is why I would give it all to her.

Shawn

April 2, 2012
·
8:09 am

Keep it in the bank and let it gain interest.

Ben 216

April 2, 2012
·
8:10 am

Of course i would give some to charity and other important organizations like ASPCA, BSA etc. I would give money to my friends and family and help out with whatever needed to be done. I would save a lot of it because what are you going to spend a billion dollars on that you will actually use?

Shanta

April 2, 2012
·
8:11 am

Help out my family and get my family to buy me a medical school. I would also donate money to charity.I would keep money for college. I would save 4 million and spend 2 million. Spending it all way to fast. I would tell them to leave me alone and run away. I would probably get a body guard to. Yes I do because not everyone lets money go to their head.

Caleb_216

April 2, 2012
·
8:11 am

If I was to find myself as a winner of a lottery, I would give little of it away, and I would do so with caution. A large portion of the pay-out would be spent upon education for myself and family members. A downside of this would be having to come into contact with individuals who want handouts. If strangers were to approach me in the pursuit of wealth, I would most likely act as if they have me mistaken for someone else. If someone was to win hundreds of millions of dollars, it would be possible to maintain there personality, values, and outlook if they had the knowledge to properly control and utilize any size of wealth.

Joey_216

April 2, 2012
·
8:12 am

I would buy Alaska, and bribe Marylin Manson to stop being a phsyco manwoman.

Carlene

April 2, 2012
·
8:12 am

If i won the lottery i would probably buy a nice car and take a cruise to the bahamas. I’ve always wanted to go there and i would probably also fix up the problems my car has. I wish i could and that would be amazing because me and my friends and a couple guys would be heading to the bahams!(:

Dani

April 2, 2012
·
8:13 am

i didn’t win the lotto. Merp :(

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