Personal

If I Win The Lottery Today

If I Win The Lottery; Richel Goes Places

I’m taking a break from all my Hong Kong posts and figured I’ll venture into the personal category for the day. Now, if I were to win the lottery today, then just how much would I be able to take home? PHP 52,000,000. That’s how much I’ll be able to take home. Now, what would a 20 years old girl like me do with that much money, you ask? Funnily enough, I kept thinking of scenarios like this up – even if I don’t actually place bets for the lottery! Haha! This is what I daydream about. I thought it’ll be fun to share so here it goes.

The first thing I’ll do is buy a new car for my grandfather (2M). My Dad used to drive me to and from school even up to college. It was very rare in college but when I was in elementary and high school, it’s almost once a week even if I have a service in high school and my elementary school is like ten minutes away. I think it was his way of spoiling his first granddaughter so this would be me giving back.

Next thing would be to start a college fund for my brothers (3M). I would also set up a college fund for my little cousins (3M). Education is really important, no matter what those articles in the internet that says “Steve Jobs didn’t graduate college so you don’t need to, as well!” Load of bull.

For the future, I would be setting aside money for my parents (10M), my own savings (7M), my brothers (4M) and other relatives (2M). This would all be on each other’s names so they’ll have total control but my brothers can’t touch their money until they’re 21. Mine would be invested so it can grow while it’s not being used. Whatever my parents want to do with theirs is their choice. The ones for my relatives is to make sure there’s an emergency fund for anything and to just generally help them out with life.

I would also be starting a business with 5M. I’m not sure yet what it would be exactly, but my parents are seeing promises in the transportation side. Maybe own some jeepneys. Buy a few cars for UBER and GrabCar. Or maybe venture into food. Then Papa can come home and just help us manage this business and rest.

For something more permanent, I would be buying a house for our family (7M) and a condo unit for me (2M). I like the idea that no matter what happens, there would always be a home waiting for me and my family. That there would always be somewhere to go. I want it to be big and in a peaceful enough environment for my brothers and I to grow up in and for my parents to rest at.

I would then jumpstart my ultimate life goal and travel the world (3M). I would be bringing some friends to Asian countries. My family would be visiting some America states with me and I’ll be backpacking Europe. #YESPLEASE

Lastly, I would be doing some donations. I would be giving back to my elementary, high school and church (1M). You don’t need money anymore MAPUA, so I’m skipping you. I still love you, though! I would also be donating to World Vision (3M). If you guys don’t know, World Vision sends underprivileged kids to school. We sponsored a child or two during our high school and it has been a really nice feeling when he send back a letter and told us about what he’s been up to and his education.

That’s it! That’s PHP 52,000,000! It’s roughly $1,200,000, by the way. Not really a huge amount of money if you think about it. Now, if I won America’s Powerball lottery (which was $1.6 BILLION), then I could donate more than half of the money, do whatever I want, provide for my entire extended family, donate to cancer research and have more than I could ever find a use for.. That’s probably not that interesting to write or imagine about, but would be really sweet if it happened in real life. Haha!

What would you do if you win the lottery?

xoxo, Richel V.

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32 Comments

  • Reply
    Jhecel
    March 30, 2016 at 11:36 AM

    I know someone who is lucky in lottery and number games. They would spend the money at once. If I ever won a lottery I’d do the same on your list but I’ll add investing in the stock market and life insurance. I suggest you consider it too, Richel. 🙂

    • Reply
      Richel V.
      March 30, 2016 at 1:02 PM

      One-day millionaire. That’ll be depressing to realize that you wasted all the money in one go. Yep, life insurance and investing in the stock market is in the plan, even if I don’t win the lottery! 😀

  • Reply
    Karen
    March 15, 2016 at 10:43 AM

    52 MILLION IS A LOT OF MONEY AND SUCH A TRULY BLESSING IF YOU WIN IT IN A LOTTERY. If I win a lottery, just like you, I’ll make it a point to be a blessing to others as well. Have you tried paying for a lottery and win even a little amount? 🙂

    • Reply
      Richel V.
      March 15, 2016 at 11:00 AM

      I think it’s only worth Php20 for a bet? Hehe. I haven’t tried it yet since I’m not so sure how it works. But I might, one of these days! My friends only play the scratch cards and she won 100 pesos. Haha!

  • Reply
    Ochi Bernadas
    March 14, 2016 at 8:28 PM

    Grabe the thing that 52M can do. Mostly just safeguarding your future and the ones that you love, not even enough on luxuries! Money is such a high-priced luxury nowadays.

    Ochi | Ochi In The City

    • Reply
      Richel V.
      March 14, 2016 at 10:00 PM

      Diba? Parang ang liit pa ng 52M, lol. And to think that we already live on one of the cheapest countries in the world.

  • Reply
    Anne
    March 14, 2016 at 7:16 PM

    52 millions is such a big number I can’t even wrap my head around it! I’d probably spend the first days in complete shock if I won 😀 But it would be amazing to be able to make sure you’re family will never have to worry about money, and be able to help the community and charities at the same time

    xx Anne / Annesmiles

    • Reply
      Richel V.
      March 14, 2016 at 10:02 PM

      It’s actually small since it’s in Philippine pesos. Haha! I would also spend the next few days in denial. Then I’d do all the things I listed here. It must feel great to secure our family’s future plus to give back to the community. 🙂

  • Reply
    Mira
    March 14, 2016 at 6:58 PM

    I loved reading this, you’ve really thought this out! And you’re absolutely right, education is very important, it is the key to a humane society. I’m currently reading ‘I am Malala’ which has made me think a lot about this topic – without education there is no progress and humanity falls apart. If I won the lottery, I’d also donate a huge part of the money, buy a house and travel the world – backpacking sounds like an amazing idea, I once did it in California and I’d love to do it again, maybe in New Zealand or Asia. 🙂 xx

    113-things-to-say.blogspot.com

    • Reply
      Richel V.
      March 14, 2016 at 10:03 PM

      Is that a short book or a long one? Sounds interesting! I haven’t tried backpacking yet. Both because I have no money yet and because I’m scared. Haha!

  • Reply
    The Sunday Mode
    March 14, 2016 at 3:19 PM

    I really have no idea what I would do if I won the lottery, I feel like I might make one really stupid huge selfish purchase and then regret it and donate the rest to a charity. Actually no, I’d first probably use the money to do something really special for my Mum, she does so much for me! Retrospectively it’s probably better if I don’t win the lottery…

    http://www.thesundaymode.blogspot.com.au

    • Reply
      Richel V.
      March 14, 2016 at 3:58 PM

      I guess 20 years of being a cheapstake will stop me from doing a big stupid purchase! I hope! Haha.

  • Reply
    Jess Fashion
    March 14, 2016 at 2:33 PM

    this reminds me of one of my favorite short stories. Anton Chekhov’s The Lottery Ticket 🙂 i do hope you win tho 😀 and then you’ll hold an awesome blog beauty and bag give-away! hehehe

    Jessica | notjessfashion.com

    • Reply
      Richel V.
      March 14, 2016 at 3:57 PM

      That got me curious about the story! I should read it one of these days. To win, I have to first place a bet hahaha! If I do win, I’ll be hosting lots of give-aways. LOL.

  • Reply
    Medayu Bestari Praja
    March 14, 2016 at 10:24 AM

    What a fun stuff to do. If I win a lottery I look after my family first, then I will save some for traveling the world and have a break from college and work awhile. Since I have a long travel list but none of them accomplished yet haha.

    x Dayu | PR.JA

    • Reply
      Richel V.
      March 14, 2016 at 10:38 AM

      Same! I have 100+ places I want to visit and I’ve only kicked off around 7-10 of them. Haha!

  • Reply
    Vienna de francia
    March 14, 2016 at 9:38 AM

    This post makes me want to go to a lottery store and go buy my first lottery ticket! I always have this superstition that my first would be very lucky! haha! And should I win, I would definitely give back to my family and community as well!

    • Reply
      Richel V.
      March 14, 2016 at 10:24 AM

      You should try it and share some winnings to me! HAHAHAHA! I tend to win major, uh, games like this as well so maybe I’ll win some on my first try too.

  • Reply
    sorhwa
    March 14, 2016 at 3:52 AM

    What a fun post! When the Powerball started getting ridiculously high a couple months back, my friends and I started talking about what we would do if we won too. I think it’s so great how you’ve thought it all out including your family as well. Shows true character!

    Via Sora

    • Reply
      Richel V.
      March 14, 2016 at 9:29 AM

      What kind of things would you be doing if you won? Haha! Thanks! I can’t imagine not including my family if I won.

  • Reply
    Noor Unnahar
    March 14, 2016 at 12:18 AM

    I am reading Confessions of a Shopaholic and the protagonist was wishing so badly to win the lottery to pay off her increasing debts. It made so curious about lotteries and now I came across this post! WOOT! I might need to invest in a lottery soon, haha!

    If I won the lottery, world tour would be on my list too. I just adore traveling so much.

    • Reply
      Richel V.
      March 14, 2016 at 9:27 AM

      Investing in the lottery only has a small chance of getting it back tho! Hahaha! I’ve been thinking of placing bets for a while now. Just not sure what my lucky numbers are, haha!

  • Reply
    Mailan
    March 13, 2016 at 7:46 PM

    It’s good that you’ve allocated money for charity and giving back. I agree with you! 🙂

    Well, I’d put 70% of the money on stocks, bonds, and real estate so the money grows over time. Money on the bank depreciates over time and they deduct tax from your money too! (I’ll just put some money on the bank for easy access for shopping and emergency.) When the need arises or the right time comes, I’ll just divide the sum among my family members.

    Same with you, I’d like to have my own condo, to travel, to start my own business, and to donate to charity. I think I’d take a looong leave from work too! Haha!

    • Reply
      Richel V.
      March 13, 2016 at 8:42 PM

      I think I would take a leave from work for about 2-3 years while travelling the work. Orrrr, I’d probably be doing some freelance work while I move from one country to another. Man, I wish I’d win the lottery but paying for bets everyday will also accumulate a huge amount of money, lol.

  • Reply
    Kandice
    March 13, 2016 at 6:10 PM

    You are the sweetest! I would do the same. I will buy my grandparents a car (not that they need it haha) then set aside money for my grandparents, parents, and sister. Help for the operation of my biological father. The rest of the money I will keep as life savings for me, my future husband and future kids. Use only few money to start with life then I do the rest of the hard work to earn.

    • Reply
      Richel V.
      March 13, 2016 at 6:31 PM

      I know about them not needing it but I feel the need to spoil them, I guess? Hahaha! I know what you mean about doing hard work. Even if I did win the American Powerball with billions of dollar, I still would probably be working. Life would be a bit boring if I do nothing productive for the rest of it.

  • Reply
    Michelle
    March 13, 2016 at 5:35 AM

    Probably pay off my husband’s school and financial debt and save up the rest for some kind of emergency.

    • Reply
      Richel V.
      March 13, 2016 at 11:43 AM

      I’m just glad I don’t have to worry about any school debts. 🙂

  • Reply
    Aneth
    March 12, 2016 at 10:44 PM

    Am I the only who wishes not to win the lottery (though I don’t really place bets hahahaha)? I’m too afraid to have a huge amount of money bcos I’m scared it might ruin me and my loved ones. Big money means big responsibility. But if given a chance, I’ll do pretty much the same with you: of course I’ll give money to my family and save for my future family then have a business, travel (!!!!!), and help the needy.

    • Reply
      Richel V.
      March 13, 2016 at 11:47 AM

      It didn’t seem that big when I was computing where to spend it!! Hahaha! I don’t place bets too bec the probability of actually winning is like 0.0000001%. I pile these under things that will probably never happen but I’ll love to happen like having Dylan O’Brien as my boyfriend! =))))

  • Reply
    Augustin Ra
    March 12, 2016 at 9:55 PM

    With “Steve Jobs didn’t graduate college so you don’t need to, as well!” thing, it’s totally bullshit. Steve Jobs was one in a million people who was too lucky to be what he was known in this generation. He may not able to finish college but he was too motivated. Did you know that he was just an adopted because his mother abandoned him for his father didn’t want him so his mom just left him? And because of that, he wanted to prove them that he shouldn’t be given up for adoption. From what I’ve read in my HBO book, Jobs had conceptual skills. He was able to see the “big picture”. After Steve Wozniak and Steve Jobs built a small computer of their own design in a garage, Wozniak essentially saw a new toy that could be tinkered with. Jobs, however, saw far more and convinced his partner that they should start a company to make and sell the computers. The result? Apple computer. More recently Jobs had also used his conceptual skills to identify the potential in digital media technologies, leading to the introduction of such products as the iPod, iPhones, iTunes, and iPad as well as his overseeing the creation of Pixar Animation Studios.

    • Reply
      Richel V.
      March 13, 2016 at 11:53 AM

      Steve Jobs was an inspirational man but he was really a one in a million who was too lucky and determined to be where was! Totally true! It just saddens me when other people use people like him to justify not doing good at school and not even putting their maximum effort, or not even going at all.

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