Thursday, January 15, 2009

A question for you, the reader, with following commentary by me, the writer

Let's say you won the lottery one day, and you were awarded something $25 million in cash. Don't worry about the details like, "I don't play the lottery" or "What about taxes?" or "I don't actually read those Nigerian Lottery emails." Just imagine waking up one day with $25 million in your bank account, and its all yours; with one catch...the money you spend can't be on yourself or for your own benefit.

What would you do with your money?

My answer will follow shortly, but try to think about your response before reading on. I think it will be interesting to see how other people would respond.

A little background before I begin. I grew up in a household that wasn't exactly charitable. My family is generous, but I never knew my relatives to give to organizations needing help. We donated clothes to Goodwill that we outgrew and we dropped change in the Salvation Army pot, but I don't remember anybody making significant cash donations.
Further, we weren't what you would consider religious. I remember attending church services infrequently when I was about 7 or 8 years old, but I think this was a biproduct of living next door on an Air Force base to neighbors who were very Christian. After they moved away, not much happened on the God front. (Keep reading I'll be getting to that point someday.)
In fact, I grew to despise religion in high school and junior college. I was a total atheist and would gladly debate any person who felt they had a smidgen of faith in a higher being, specifically my brother who had recently become Christian after moving to California. It wasn't until I was 25 that I began opening myself up to my previouly fledgling religious roots again. This led me to attend a couple of churches in Sacramento. Both were in desperate need of money, and both couldn't be more deserving of that money.
Answer #1)
If given $25 million the first thing I would do is give money to both churches. I would give money to First Baptist Church of Sacramento because of their positive influence on the downtown community. I would want them to make some needed repairs and upgrades to the church. Plus I think they would know of a few families that could use a pick me up. I would also by the land and building for the Touchstone Christian Fellowship. I think that would cover about a cool $7 million.
So next up, I would purchase homes for my family. I know my Grandmother and Aunt could use their own space. I'd also like to give my brother and sister-in-law a home so they could be near family. My father could also use an upgrade to his living situation.
Speaking of my father I would love to let him retire. That guy gave so much to my brother and me growing up, and he sacrificed a lot. He deserves to take it easy. Plus I might buy him a liposuction (Dad if you ever read this, I'm just kidding. I would much rather hire you an attractive personal trainer).
My mother-in-law would get a new home too, and I'd put some money in a fund for her to travel once my sister-in-law graduates from high school.
My friends deserve a lot too. They've stuck by me during the good times and the bad times. You all get new homes in a master-planned community that allows you to go to party it up with each other all the time. I'd also pay for my friends to finish school and take time away from work to do so.
That's a lot of money for homes and such, so I think I'm up to like another $6 million. Now only $12 million more to spend.
I would give all the remaining money to Parkinsons research. Seeing the impact that Parkinsons has on my grandfather, I feel like this money would be well spent giving people with this disease a second-chance. I would do so, even if I developed Parkinsons and could not benefit from the cure.
So you can see where my life has influenced my answer to the question that was asked. Did your answer follow the same methodology?
I'm really interested to read your response, as I'm sure other people are, to see what you would spend your money on. The more detailed you are the better.