If you win some contest and get some extra cash from prize money then what will you do with it?

I would use it to pay off my school loans. If I could pay this off then that would mean in the long run I will be saving money, because of the high interest rate. and if there is any extra, I would put it towards my medical expenses, so it won't go to collectors. That is what I would do if I won some extra cash.

if i knew somebody who needed it.i would give it to them.otherwise i would put it in my savings.

PAY MY TITHES AND OFFERING AND PAY OFF SOME PAST DUE BILLS/DEBTS

It would depend on the amount of money I won. If I won under $500, I would use the money to pay my household bills (electric, phone) and buy groceries. If I won $1,000, I would put it in the bank for a rainy day. If I won $5,000, I would probably use it as a down payment (or possibly full payment) on a new or pre-owned (lease return) car (Kia or Hyundai). If I won $10,000, I would use that to pay off principal on my mobile home mortgage. If I won $50,000 or more, I would pay off my house in full, then take care of my one delinquint card, then if there were anything left over, take care of my charged-off card, and maybe go on vacation.

If I win the $50 for this question, I'm going to take my son to the Movie Grill for dinner and a movie.

I was laid off Dec 5, 2008 so I would have to be "non-creative and spontaneous" and try to put it into savings account and save up for hopefully a short summer trip with my son. If I were to find another job soon and it paid ok, then I might just donate at least 1/2 the money to charity and the other 1/2 to pay down bills or get ahead for electric bill for summer months!

If I won extra cash at this point, I would definitely pay on one of my payday loans. I am settling my accounts on my own, and I had the courage to do this after finding this website and reading feedback from other members.

Whatever I won no matter how big or small I would put it against debt and if by chance I had anything left I would put into saving...after I took the family out to dinner (haven't done that in awhile).

It would depend on the amount won. However, I would first make sure that I had a roof over my head, utilities on, and food in the house. Then, I would use the amount to start my emergency fund. I have learned from this website that it is important to have an emergency fund so that I would not have to make bad financial borrowing decisions when something comes up like a medical expense or car repair. I want to set myself up for a bright financial future.

pay bills

If my prize was a very large sum of money, then I would definitely pay off my major bills. This would help my monthly financial situation by giving me more money to work with. I would also put some in a savings account (that kind like a Christmas Club, that can't be touched for a certain period of time). I would also give some money to my mother who is on a very limited income and doesn't ever have a lot of extra money.

If the prize was a smaller amount of money, then I would maybe pay off one of my smaller debts or buy something new for myself (which I never seem to do). I would definitely do something like take my mom and I out to a fancy dinner.

I always get the most pleasure from a "win" or a gift when I can share it with my loved ones.