What would you do with R1 million?

What would you do with R1 million?

If you woke up to R1 million in your bank account, what would you do? 

Rands cash stacks
ppart / iStock

Imagine this: your phone rings. You pick up. A voice on the other end says, “Congratulations! You’ve just won R1 million!”

Your heart stops. Your brain short circuits. Your hands start sweating. A million bucks?! That’s a life-changing fortune.

Now comes the real question… what do you do next?

Do you quit your job on the spot? Buy a house? Travel the world? Or do you make the classic South African move – upgrade your car, throw a massive braai, and suddenly have “long-lost cousins” popping out of nowhere?

Well, let’s break down some of the most popular ways you could spend R1 million. 

Which one are you?

1. The invest and chill millionaire

You’re the responsible type. Instead of blowing your winnings on instant gratification, you:

  • Pay off your debts

  • Buy a house or invest in property

  • Put some cash into stocks, or a business

  • Pretend your money doesn’t exist so you don’t get tempted

People who choose this route probably already have a financial advisor saved in their contacts. If you’re one of them, we salute you. If we’re being honest though, you’ll still splurge a little on something fancy, right?

2. The let’s make it rain spender

For you, money is meant to be enjoyed. You’re here for a good time, not a long time. As soon as that R1 million hits your account, you:

  • Book an all-expenses-paid trip to Dubai, Santorini, or Bali

  • Walk into a dealership and leave with a brand-new BMW

  • Buy designer clothes you can’t pronounce

  • Take your friends out for a “small” celebration that costs half your winnings

Fast forward six months, and you’re back at work, sipping a R20 cappuccino, wondering where it all went. However, those Instagram stories were legendary! #SoftLife 

3. The everybody eats giver

You’re the generous one. Money isn’t just about you, it’s about changing lives. The moment you win, you:

  • Buy your parents a house or pay off their debts

  • Give your best friends “thank you” money for always being there

  • Donate to charity or start your own foundation

  • End up loaning money to people who suddenly remember you exist

Next thing you know, your R1m is down to R10k, but your heart is full. Nothing is more priceless than helping others, right?

4. The balanced boss

You’re the perfect mix of smart and fun, so you:

  • Invest some money for long-term stability

  • Spend a little on something you’ve always wanted

  • Take a nice holiday but don’t go overboard

  • Keep some cash aside for emergencies

Basically, you know how to enjoy your millions without ending up broke. We respect that. In another life, you should probably consider being a financial advisor.

So, are you investing, splurging, giving back or striking a balance?

If you’re thinking, “I’d love to find out for real” – here's your chance. East Coast Radio is giving away R1 million to one lucky listener. All you need to do is click this link, answer a few super simple questions, and stay tuned.

The best part? The questions change every few days, so you can enter multiple times. The more entries you submit, the better your chances of winning a million. Because let’s face it, the only thing better than dreaming about a million bucks is actually winning it.

Click here to enter!

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