How much, if anything, are you giving family members?

  • FuglyDuck
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    32 years ago

    Zero.

    First off, I’m creating an LLC to claim the winnings so that my name remains out of the papers.

    Second, I’m not telling them. My family are the kind of idiots who would insist their god made sure I won, so that I can give it half of it to their church, and the other half to them.

  • SmokeyDope
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    2 years ago

    I wouldn’t tell anyone about it not even my parents. If a life situation comes up and my loved ones need money for a legit reason then I will sign the check on condition of no questions asked. otherwise its all mine (well what’s left of it after the feds and state take their cut). I don’t care how much you trust your family, friends, spouse, once they get a whiff of that money their latent self-interest and greed will kick in. Some of these people in the comments live in lah lah land, a life changing amount of money/assets will turn your best friends and closest family into self interested animals happy to rob/use you. No thanks, I’d rather not risk it.

  • @YoBuckStopsHere@lemmy.world
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    22 years ago

    Do you think my (extended) family members will even know? Only the person doing my taxes would even have a clue. I’d play it cool and slowly disappear with my close family.

  • wburbageOP
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    22 years ago

    I would stash away a good amount for me and my immediate family and give the rest away to family and select charities.

  • @FrickAndMortar@lemmy.ml
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    12 years ago

    I think I’d set up a foundation. I’d decide what the foundation would pay for (tuition, maybe small business loans up to $25K, I don’t know…) and then any relatives can apply to the foundation and leave me out of it.

  • @tallwookie@lemmy.world
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    12 years ago

    I’d give my folks a couple million, extended family a few million total. money needs to be moved around and my family absolutely excels at spending lol.

  • Uncle
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    12 years ago

    yeah, id split it. I’d make sure to set myself up first however, but I dont need a huge house or $1,000,000 car or anything like that. Once I’m set, I’d give lots to family and friends, but I would set up a bird rescue center with the majority of it im sure