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re: If you win the lottery, are you quitting your job and how many people are you telling?

Posted on 9/13/23 at 3:45 pm to
Posted by Death Before Disco
Member since Dec 2009
6220 posts
Posted on 9/13/23 at 3:45 pm to
quote:

Let's say $500 million. I'd stay in my job long enough for a smooth transition but I would not be doing much actual work. I'd take $100 million for my personal use, and the rest after paying taxes would go to my charitable foundation for local causes. My new job would be managing my investments and the charitable foundation. I would train one or two of my kids to take over for me and run the charitable foundation eventually, and manage its investments with the investment profits going to their salary and charitable causes we select, while maintaining the assets of the foundation so that it can last a while. But the foundation would not be named after me. It would have a generic name. Everyone who cared to would find out it is me, but I would not go around trumpeting it.
Exactly this.
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