According to a recent news report, eight co-workers in Morgantown, W.Va., won $276 million on Tuesday.
The co-workers each put $5 in a Power Ball pool and then purchased tickets. All eight of the tax-office workers plan on keeping their jobs.
Each person will receive about $12 million. This is a neat story, and it caused me to think about my co-workers and what they would spend their portion of the money on, if we decided to enter a drawing -- and actually won.
I only have four co-workers, excluding the people in the advertising department, so our winnings would give each person a little more than the office workers in West Virginia.
We've all had this conversation before. Renee Richardson, a photographer here at the newspaper, said she would invest a lot of her money, so she could make more. Then, she would buy a car, a house, do some traveling and take care of her immediate family members.
When it comes to me, I would pay off my car and then get another one. I would pay off student loans, get a house and pay off some debt. I would also give some of the money to my mom, sister and brother.
I would put more than half of the money in the bank. I am a big planner, so before I even receive the check, I would write down what I want to spend the money on. Then, I would try my hardest to spend according to that plan.
I know that's easier said than done, and a lot of people would just blow the money on unnecessary things. But, aside from buying a home, I would live the same way I do now. I wouldn't try to upgrade everything in my life, and personally, I think that's where a lot of people go wrong.
They get so excited about the lump sum, they forget that they were poor the day before, and can return to that status fairly quickly.
In my opinion, Johnny Jackson, an education reporter, would spoil himself a little bit. But I think he would also payoff some bills and take care of his family.
I think Jason Smith, a cops and courts reporter, would buy a couple of nice things for himself and his wife, but he wouldn't go overboard. I could imagine him purchasing a convertible car, jewelry and photography equipment for his wife, and then he would save the rest.
When it comes to Elaine Rackley, metro editor, she would probably give to some people who are in need of assistance, and on Sunday, she would give a big amount to her church.
Jaya Franklin covers government for the Henry Daily Herald. She can be reached via e-mail at firstname.lastname@example.org.