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Unread 22-08-2006, 16:31
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Re: Ethical question: What would you do if...

Quote:
Originally Posted by Jane
Taxes?
I believe you owe the federal government 27% of winnings, and from state to state it varies. In Connecticut its 4.5%, but I'd rather have $685,000 than a "FREE 20OZ COKE!"
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Unread 22-08-2006, 16:49
Andy A. Andy A. is offline
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Re: Ethical question: What would you do if...

One word-

Vegas!


In reality I would keep it. I have debt that I don't want to live with for the next 20 or 30 years, and if anyone argues ethics with me for taking the chance to pay it off now then I'll turn around and leave. I opened the bottle and I won. It's mine. Mine mine mine.

The rest? Probably would go into mutual funds and maybe a trust fund for future Andy Jr.'s. A million dollars is a lot of money, but I don't think it's enough to just up and retire. I'd enjoy the rest of college and maybe even stick around for a masters. After that, having some money to draw on would make post college life a whole lot easier until I can start making my own.

But that'll never happen. I only drink Root beer. Nobody wins millions drinking root beer.

-Andy A.
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