If you suddenly had $200,000

[sherryinutah]

If you woke up one day and learned that you acquired $200,000?

How would you manage it?

I would begin by researching whether or not I have to pay taxes on it.  I would definitely want to make that my highest priority. 

Would you tell anyone you have it?  If so....who would you tell?

I think I would keep that information to myself.

I'm not very materialistic but I would want to make sure all my bills are paid off and I would open a brokerage account so I could invest some of it.

Realistically.....What would you do?

[pkrahmer]

if i suddenly came into some money i  would keep it to myself.
i would pay some bills, invest some of it and go on a vacation with the family

[jenniferhoder]

I would pay off as much debt as I could so I could enjoy life! I would pay the taxes on it and just take whatever was left. It would go far for me; I don't have much debt. I would take a tropical vacation too with my kids!

[countrygirl12]

If you woke up one day and learned that you acquired $200,000?

How would you manage it?

I would begin by researching whether or not I have to pay taxes on it.  I would definitely want to make that my highest priority. 

Would you tell anyone you have it?  If so....who would you tell?

I think I would keep that information to myself.

I'm not very materialistic but I would want to make sure all my bills are paid off and I would open a brokerage account so I could invest some of it.

Realistically.....What would you do?

Unless someone just gives it to you then you have to pay taxes on it.  If it is winnings or income. 

I would pay off all debt.  I probably would not tell anyone if I all of a sudden had that much money.  Nobody needs to know.

[tjshorty]

I would try my best not to let anyone know.  My kids seem to zero in on my money I would like to hold on to it for a few days at least.  Then yes I would look into making my money grow and investments.  I would travel.  I always thought I would buy a house but that isn't important to me anymore as my kids are grown.

[bretay]

after i came to from passing out...lol...oh wow...gome improvements...maybe a house in the country..spend some on my 2 granddaughters and 2 daughters...and of course hubby and i...and put some in savings...would love to invest..

[elvisdo]

Debt is first, then I would invest it for the near future.

[alice44]

I'd pay God his 10% and use the rest to pay off medical bills 

[clickers]

Do God's benevolence, then buy me a condo out right and the rest is gravy you know, a trip or two paid in full without credit cards

[cathy37]

If I suddenly woke up and had $200,000, I would first make sure it is legit.  Of course you would have to pay taxes on it because you know the government is going to get it's share.  Then with what is left I would pay off all my debts.

[Se1998]

If i ever received that amount i would keep to myself but i wouldn't use it for myself i would try to use it for others and also bills cant forget about those thats the most important. 

[mardukblood2009]

That is not really a lot of money but I would help my girlfriend out with some of her problems and the rest I would just put in the bank or my mutual fund.

[bman1349]

I would get absolutely tanked right off the bat

[teresa3200]

I would build a new house because I don't like mine. I would tell everyone because after I built a house there wouldn't be much left to share.

[potluck6]

I know someone who got 300,000. They sold a million dollar home in silicon valley. gave 100,000 to familly  maybe did some work on their own house. didn't travel yet. as far as taxes go not sure how much they have to pay.  they seem normal  so no fancy cars etc.  it can go fast if you dont watch out.