13 Ways $30 Million Could Change Your Life
5 min read
Imagine winning division 1 in a $30 million Oz Lotto! Winning millions can seem like an unimaginable amount of money, so we came up with 13 ways to help you imagine how you would spend it.
You could design and build your dream home.
Want a slide from the third story into the indoor pool in the living room? No problems! Maybe you’re more pragmatic and just want everyone in your family to have their own bedroom AND bathroom – why not! You could even sculpt an outdoor paradise. Complete with a swimming pool. Designed to resemble a flowing river with your very own sandy beach. Or maybe a cozy fire pit for those summer night BBQs. The sky’s the limit with $30 Million in your pocket.
You could give every member of your family a financial head start in life.
We live in uncertain times, and there’s no guarantee that things will get easier for future generations. Having a solid financial foundation can go a long way towards providing a buffer in times of potential hardship. While it may be true that money can’t buy happiness, it definitely can help. Imagine not having to worry about finding the next rental payment or purchasing enough groceries for the week – it would certainly reduce the stress that many ordinary Australians feel every day.
You could support a charity with a donation.
Say you won division 1 in the $30 Million Oz Lotto. That is quite an unfathomable amount of money. With all those funds sitting in your bank account, you could donate $1000, $10,000, or even $100,000 and barely notice a difference. But imagine the difference that money would make to the charity you made the donation to. Whether it’s food, clothing, or shelter, your generosity could change someone’s life for the good. Egalitarianism is a huge part of what it means to be Australian – wouldn’t it be time to start giving back?
You could start your own non-profit venture to help those less fortunate.
Are you an animal lover? Want to help at-risk youth? Concerned about the plight of refugees? There’s no shortage of causes to rally around, and using your time and money to raise awareness and activity of those less fortunate would be a noble pursuit. You could purchase land to provide a safe haven for rescued animals, or develop a counseling service for domestic violence victims, or hire carpenters to repair storm-damaged homes – the choice is yours.
You could make some investments to preserve and grow your wealth.
Despite the amazing windfall you have landed, it could be folly to assume you could live off your winnings forever. You could take steps to preserve and increase your wealth to benefit the next generation. Consider buying blue-chip shares and property assets, and round off your portfolio with fixed interest cash investments for a multi-faceted approach to securing your future.
You could pay off some debt.
A lottery win can mean a clean financial slate. Few people reach adulthood without being saddled with debt – student loans, home loans, car loans, business loans – but not all debt is bad. Every decision you make will include various amounts of risk and consequence – take advantage of an expert’s wealth of knowledge to help you achieve your financial goals. Make the most of the opportunity to erase bad debt and reduce good debt where it is prudent to do so.
You could become a patron of the arts.
Here is your chance to support and promote that obscure hobby you love! You could be into 15th century pan flute symphonies – why not commission the London Philharmonic to write and perform one? If Aboriginal dot painting is your life’s passion, you could sponsor an artist in residence and give them the opportunity to study their craft and produce something beautiful. Or should your children be fascinated by the world of dance, you could build a ballet school in your neighbourhood and give local children the chance to learn from the world’s greatest teachers.
You could become a business owner.
Many Australians dream of working for themselves in their own business, which gives you the best of both worlds – the chance to contribute to society, fulfilling the wants and needs of others, while enjoying your work life every single day. You could follow your passion with $30 Million and become your own boss. Whether that’s washing machine repair, wedding planning, or your very own fish and chip shop, you would have the start-up capital you need to hit the ground running.
You could become an inventor.
Got a nifty idea that could change the world but no knowledge of how to put it into action? You could be on your way with $30 Million behind you. All the research and resources in the world would be at your disposal, including the world’s best scientists, engineers, and technicians. You could build a robot that wipes a baby’s bum and disposes of the dirty nappies – who knows what could be possible!
You could travel the world.
The travel bug is a common thing, but many people prioritise financial security, such as home ownership, above seeing the world. You could enjoy both with $30 Million! You could stand on the banks of the Nile, or gaze at the stars from the top of Mt Everest, or simply lie back and get tanned on a beach in Greece. The world would quite literally be your oyster. And your dream home would be waiting for you when you arrived back home. What more could you ask for?
You could contribute to science and save an endangered species.
Supporting scientific research, such as testing, tagging, and monitoring the habits of endangered species, could be the most worthwhile thing you ever do. As humanity progresses and we begin to understand our effect on the environment. We are seeing animals such as the northern white rhinoceros nearing extinction. By funding conservation efforts, you could literally rescue an entire species from extinction. How amazing is that?
You could fund space travel and exploration.
Space has long been considered the final frontier of human exploration. With the rapid emergence of new technologies, the impossible suddenly becomes possible. Humans have already landed on the moon, and placed robot representatives on Mars – but what’s next? You could be responsible for funding the first manned flight to an outer planet or developing a new material that would allow humans to withstand the temperatures of Venus. The truth is out there!
You could travel into space yourself.
Space travel is already available to those wealthy enough to afford the ticket. Imagine taking a trip into the inky blackness of space, surrounded by hundreds of millions of glowing stars, galaxies, and planets. You could view the Earth from a unique vantage point rarely seen by humankind. There could a whole new perspective on life up there – and it could be yours to discover if you win this week’s lotto jackpot!