Financial Services » Banking » Saving for college in the U.S. | Spending of lottery/inheritance money in the U.S. 2017

Ways of spending of lottery/inheritance money in the United States 2017

If you won the lottery or received an inheritance of 100,000 U.S. dollars today, what would you most likely to do with that money?

The data describes the ways of spending money in case of lottery win or inheritance of 100,000 USD in the U.S. in 2017. During the survey period, 40% of the respondents admitted that they would use this money to pay off any existing debt or loans while 12% of the Americans surveyed would invest it toward retirement.

Pay off any existing debt/loans	40
Save for a rainy day fund/unexpected expenses	10
Invest toward my retirement	12
Go on vacation	5
Buy a car	7
Treat myself to something that I would not normally spend money on	4
Donate to charity	2
Buy a house	11
Pay for my kids' college	2
Go back to school	1
I wouldn’t do anything	2
Other	3
no answer	0

Ways of spending of lottery/inheritance money in the United States 2017

StatInvestor