I dont think i'd quit my job winning a million dollars. Would I buy a house and a couple vehicles? Yes, I would.
I work as an Instructional Support Specialist in the College of Education at OSU,,,
You would not believe the arguments against a "consumer math" course,,,
All of the emphasis is now on math to support the sciences,,,
Nothing about giving the students some tools for life.
The arguments fall under the "We can't tell them how to run their lives" category.
A few years ago I worked with an undergraduate,,,
Her major was elementary education,,,
Her specialty was Math.
She has two extra certifications in math instruction,,,
Over and above what is required to teach elementary school.
One day I was working while she was at a desk with a calculator,,,
She was mumbling and cursing a blue streak,,,
I asked her what was wrong,,,
She gave this reply.
"I can't figure out if I have any money.
I don't know how to balance the checkbook and my husband is out of town."
I was a major face-palm moment.
Aarond
.
If you won a million, or if you received a million after the taxes?
If you win a million, you'll only get a tiny fraction of that. If you take the lump sum, you'd likely only receive half (if things are good at the time), then pay gift tax on that. Most likely you'd have about $250,000 after all done. +/- depending on current economic conditions.
Yep. And if you want to handle it right, you'd pay off any debts you have, invest the rest in good mutual funds, and not tell anyone.
There is the problem for a lot of folks.
Most people will tell everybody about it.
These days, $250k would probably pay off debts and not leave much more.
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