Poll: most Americans would continue working after lottery win

Sep 17, 2004, 8:37 am (25 comments)

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"If you won $10 million in the lottery, would you continue to work, or would you stop working?"

In a poll released by Gallup this week, 55 percent of respondents said they would continue to work, while 44 percent said they would kiss the boss or their business bye-bye.

Between the sexes, more men (61 percent) than women (48 percent) said they'd stay on a career path despite such a big windfall. And among the age groups, 59 percent of the younger set (defined as those under 50) said they'd keep working versus 45 percent of those over 50.

Those who go to church weekly were more likely to stick with work than those who attend less often or not at all.

And among those polled who said they would continue working, about two-thirds said they'd stay in their current job, while a third said they'd look for a different one.

When it comes to how the fantasy lottery winners would manage their newfound wealth, here are the responses from a few:

  • Share the wealth with family and friends
  • Invest enough for children's education, give money to family members and take 6-week vacations
  • Keep enough to feel secure, buy a condo in Manhattan and give the rest away

CNN/Money

Comments

fja's avatarfja

depending on the size of the windfall.....You might have to quit your job in order to work your money....its not as easy as it looks!

twisted's avatartwisted
Quote: Originally posted by fja on September 17, 2004


depending on the size of the windfall.....You might have to quit your job in order to work your money....its not as easy as it looks!


I agree.  If its a sizeable jackpot, then I would actually have to quit my job, study further. 
DoctorEw220's avatarDoctorEw220

depends on the jackpot size and type.  if i were to win an annuitized jackpot, then there is a greater chance i would quit my job, depending on the size of each payment.  if it were a cash jackpot, odds are it would be smaller, so i would probably keep working.

lchoro

If it's a sizeable amount, you might want to use the money to start your own business, or if large enough start and operate a foundation to evaluate charitable causes to direct your winnings....

tg636

I would continue to work - but not at my old job. I would work at whatever I felt needed to be done, whether activist, managing my money, helping people or picking up litter on the beach.  Whatever I did,  I would not worry about salary or benefits.

Badger's avatarBadger

Work for someone else? FORGET IT !

I'd pursue all the personal interests I have that can't make me a dime but are personally enjoyable.

No way I'd continuie to be tied to someone else's idea of "work" and "schedule".

Badger

r_billerey

well I am 47 and make only 16,000 a year, joinly we make only 27,000 a year, so no doubts that even with much less,  I , sorry We will "runaway" from our jobs, because in the next 20years working like a dunky we will made little over 500,000 so with 10 million or even 20% of it , we will not be thinking it, You will see our notice on the desk. and Ciao

DoctorEw220's avatarDoctorEw220

dude.  if you are making that much with your job, why are you playing the lottery?

DoctorEw220's avatarDoctorEw220

don't you think you should put that money toward other things?

BIRD's avatarBIRD

cant do it nooooooop I believe I could be doing something more constructive

r_billerey

dude.  if you are making that much with your job, why are you playing the lottery?

I hope, Doc, that this is not an answer to my post because I realy dont understand it. because 27,000 a year is "nada" but nothing

markp1950

First and foremost, the biggest thing that I will buy is my retirement...



No way in h-e double toothpicks if I have big cash will I go back to work...



I will calculate, figure any way to retire....



I have worked everyday the last 2 weeks and am working 12 hour saays this week... And am hoping that tomorrow will be my last day....



I cuss every moron that goes back to work after winning the lottery...



MarkP

DoctorEw220's avatarDoctorEw220
Quote: Originally posted by r_billerey on September 20, 2004



dude.  if you are making that much with your job, why are you playing the lottery?

I hope, Doc, that this is not an answer to my post because I realy dont understand it. because 27,000 a year is "nada" but nothing




if you can make ends meet, then ok, go play.
r_billerey
Quote: Originally posted by markp1950 on September 20, 2004


First and foremost, the biggest thing that I will buy is my retirement...

No way in h-e double toothpicks if I have big cash will I go back to work...

I will calculate, figure any way to retire....

I have worked everyday the last 2 weeks and am working 12 hour saays this week... And am hoping that tomorrow will be my last day....

I cuss every moron that goes back to work after winning the lottery...

MarkP


He Markp did you read about this guy in Canada who won 7,5 million and when back to work because he cannot change his "live"  style.
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