How would you answer this question in your Personal Fit interview? Receive feedback on your answer and browse through the Q&As to review the approaches of other applicants and experts.
What would you do if you won the lottery?
Overview of answers
Upvotes
Best answer
I have no stable financial plan right now so I would invest in index fund.
Was this answer helpful?
Here is your chance to demonstrate your business acumen – because winning a lottery is nothing else than getting cash, which opens up lots of business opportunities. So you could:
- Start your own business – think about which industries you are interested in, choose a business you would like to start and why;
- Become an investor – again think about which industries, maybe even target companies;
- Invest into the stock market – here also explain why (now the stock market is on the deep, so it’s cheap to buy) and exactly what would you buy and why
Hope this helps!
Best,
Daniel
Was this answer helpful?
Hello!
On top of the insights already shared in the post, the "Integrated FIT guide for MBB" has been recently published in PrepLounge´s shop (https://www.preplounge.com/en/shop/tests-2/integrated-fit-guide-for-mbb-34), adressing topics precisely as your question.
It provides an end-to-end preparation for all three MBB interviews, tackling each firms particularities and combining key concepts review and a hands-on methodology. Following the book, the candidate will prepare his/her stories by practicing with over 50 real questions and leveraging special frameworks and worksheets that guide step-by-step, developed by the author and her experience as a Master in Management professor and coach. Finally, as further guidance, the guide encompasses over 20 examples from real candidates.
Furthermore, you can find 2 free cases in the PrepL case regarding FIT preparation:
Intro and CV questions > https://www.preplounge.com/en/management-consulting-cases/fit-interview/intermediate/introduction-and-cv-questions-fit-interview-preparation-200
Motivational questions > https://www.preplounge.com/en/management-consulting-cases/fit-interview/intermediate/motivational-questions-fit-interview-preparation-201
Feel free to PM me for disccount codes for the Integrated FIT Guide, since we still have some left from the launch!
Was this answer helpful?
I would write a priority list of things to do; then I would allocate a budget among them, following the priority, trying to do the most of them. If someone remains excluded, I would ask myself how much it was important to me: if I realize it is not, I'm happy with my draft, if yes, I would try to find a compromise with the other ones.
Was this answer helpful?
ich würde das Geld drei teilen. Zuerst sollte man Glück teilen, d.h. die erste Hälfte würde ich nach und nach für Charity ausgeben. Mit einem persönlichen Austausch aber denn das ist das wertvollste. Den zweiten Teil würde ich als reserve investieren. Den dritten Teil würde ich ausgeben und zwar relativ schnell, denn man lebt nur einmal und die Zukunft ist nicht sicher.
Was this answer helpful?
- donation 30
- personal growth 40
- family 30
Was this answer helpful?
I would invest a part, donate a part to charity, pay off my student loans and buy myself something nice
Was this answer helpful?
start a business in agriculture producing poultry
Was this answer helpful?
Geld anlegen - Familie beschenken
Was this answer helpful?
In the event of winning the lottery I would start by designing a plan that could allow me to identify the best ways to use the prize and how its benefit could be maximized.
Above all, I would like to start identifying if there is anything due to pay back for taxes and any other service fees and then continue in identifying what would be the critical areas on my finance life that need quick and short attention and that would benefit greater from a cash inflow, next I would also look on how I could invest part of it in order to reap some benefits and finally because I personally believe in helping others I would identify a cause that could benefit greater for donation.
Was this answer helpful?
Go with a financial advisor and an accountant to see best potential investment plans
Was this answer helpful?
Pay out my debts, go travelling and invest 50% for the future
Was this answer helpful?
i will open my start up
Was this answer helpful?
Invest in the stock market and continue to look for a business to invest in the future.
Was this answer helpful?
scream
Was this answer helpful?
Invest
Was this answer helpful?
I would save some ofcourse - depending on how big of money I have. Then I would look at my family needs - If I can help out wheresome are desparate I would.
Was this answer helpful?
I would invest the amount and pursue what I care about
Was this answer helpful?
plan my investment
Was this answer helpful?