The winning ticket from the Mega Millions Lottery drawing was sold in Albany, NY last week. The drawing was on Friday, so the AP doesn’t know who won yet, but I just read an article talking to the store owner and the regular patrons. It’s exciting
The ticket is worth $319 million dollars!
The article says the winner can choose to take the money in installments for 25 years, or take a cash payment of $202.9 million right now. I worked it out (as I do) and broken up over 25 years (this is IF the total was actually 319– it doesn’t account for taxes, etc) the pay out would be $12.7 million a year! That is an amazing amount of money! I mean, crazy!!

We would make a blanket of money! (just kidding, read on to see how we would spend.)
So… being a Baxter, of course, my mind started to wander. What would I do if I won that kind of money!?!? And here is a list of things I could think of, not really in any order:
- The first thing I would do, without question, is get all my major people in the same room for a pow wow. What do we invest in, where do we save it, how much could I spend each year, etc. We’re talking Dad, Suz and Mom, plus Bampa and Mommom, Mimi and Tim, TJ, Ron and Ellen, and the list goes on. (Might get some financial friends from NYC involved as well… Devin and James P. and more!)
- I would have to purchase an apartment for us in NYC (probably moving back to Manhattan, and if it happened right now, on the Lower East Side– if it was in a few years, might be the upper west?)
- We’d also buy a place in the Poconos. That’s probably the place we’ll have our country home eventually, but with this amount, the house will probably be a lot more substantial…
- Mom and Hannah will have to get a house in LA. Something big enough for us when we’re there. I’m thinking a five bedroom condo, maybe a penthouse? That’s their style. Hannah would also get college money, of course, and probably a travel fund.
- Liz is definitely a question. I would have to put aside money for her to travel, maybe just set up a fund for her to choose what she wants to do with it– but there will have to be an agreement that she will travel to at least 20 countries with it :-p. Probably also a new car, and money for a house, or a farm somewhere.
- Matt would get money for a place in San Fran of course, and again, more of an “at your discretion” kind of a thing– he might want to do something different, and that would be fine. As well as money for D’s college fund.
- I don’t know what I would do for Dad and Suzanne… they don’t exactly ‘want’ for anything– and the debate between ‘fixer-upper’ and ‘fulling finished’ for their winter home in Florida is not something I want to get involved in, lol– at least they’re good sports! I think I would get them each something they wouldn’t get for themselves. Like, maybe a boat for my dad, or an airstream trailer. And for Suzanne, well, as much as I love the Camry (and you know I do), that woman needs a new car!
- I have no idea what to do for any Baxter’s… I’ll leave that up to Jesse to decide, and if he wants to day dream about it, he can write some of his answers on here
I guess the only thing I’d say goes without saying, which would be money for our nieces’ schooling.
- All of my cousins would get more money in their college funds. The Hylen’s each have a little egg from our grandparents so that would be an easy boost, and the Redington’s would get a little dump into their respective funds to use for travel, study abroad stuff, books, or whatever extra’s come with being a well rounded college student.
- TRAVEL! We will be on the next plane to Eastern Europe. Jesse says “Eastern Europe” or the name of some country in EE at least once a week. I don’t know that he even realizes it, but his time there really has affected his life. I want to go and see the place that has changed his world view so much. And so, we would.
- We’d also travel a poop-ton of other places! Right now we have dinner with our friends one at a time to catch up, like, double date dinners. Well, we’ll start having double date get-away weekends and take our friends to resorts all over the world for a short little trip. Couples massages with my best friends? Heck ya!
- Share the wealth! We would donate 5% per year to different charities. It would probably change over the years, but we would definitely send to the Red Cross, they’re always doing worthy things, and probably Susan B. Komen foundation. I would also want to set up a fund for our immediate family to access when they wanted to donate to something. A lot of our friends run in charity events all the time, I would want them to be able to pay entry fees without sacrificing something else in their lives.
- I would donate 5% per year to DAT. This worked out to roughly $638,000 and would pay for a good salary for everyone and all the projects we could ever dream up.
- I feel like this is the time to say, “we’ll save”, but I think I said that at first. Jesse and I are very diligent about saving 10% of everything we make, and this would be no exception!
- This might come as a shock to a few people, but, we might have a baby. (We’re still talking about winning 319 million dollars, not for real what we would do.) We want to have some more ducks in a row before we make that crazy leap. (( You know though, now that I’m thinking about it, we probably would still wait a few years, because of the few things I just thought of… :-p))
- Jesse would go to survival camp. It’s like 4 weeks out in the desert learning how to live on the land. I think the place he wants to go is in Colorado. He would definitely do that.
- My mom and sisters and I would go to Belize, maybe with some of my girl friends too– it’s just something I have always wanted to do.
- We would get a new TV, and a piano… a nice one! :)
- Jesse would go to a SITI company intensive. He did this thing in NY a few years ago, but I think there is a longer one, and he loves them and everything they do, so we would definitely make that happen. He’d probably go on one intensive thing per year. Maybe traveling all over the world?
- I would buy a studio space in NYC. (Maybe this would be part of a big thing for DAT, but I want my own studio.) I could have private dance lessons there, or a crafting workspace, I don’t know, whatever I want. This might be one of my “splurges”. :)
- Of course there are the normal things, like new clothes and stuff, but really- I like the simplicity of our life, and I don’t think I’ll want to live somewhere really fancy or different. Urban Country Cottage is really our style, so that’s probably something that will stay the same. (And I’m sure we’ll still bring home trash treasures!)
Wow- this was really fun!! I would love to know what you would do with this kind of money!!