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How would you share a mega-lottery win

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  • emweaver
    emweaver Posts: 8,419 Forumite
    I wouldn't share it with my family , other than my children as I know my family wouldn't share any with me.
    Wins so far this year: Mum to be bath set, follow me Domino Dog, Vital baby feeding set, Spiderman goody bag, free pack of Kiplings cakes, £15 love to shop voucher, HTC Desire, Olive oil cooking spray, Original Source Strawberry Shower Gel, Garnier skin care hamper, Marc Jacobs fragrance.
  • Pthree
    Pthree Posts: 470 Forumite
    As a habitual daydreamer, I have decried already how and what I would spend it on, but doesn't it all come down to the amount?
    I mean a Wednesday night jackpot of £3M is a little different to a Euro roll over of £70M+

    Anything over £7M I would give half away to various charities. I truly believe that getting that much money without earning it is too much for the average Joe to handle, but yet I still buy tickets :o

    So for example I win £60M- £30M to charity straight away. The parents have paid off their mortgage got their house the way they want it and Dad wont do holidays, I have visions of Mother going on cruises on her own and running away with a 30yr old waiter called Pedro who is only after her cash ( like I said I day dream a lot!)

    My sis would get a few mil so her and her OH could get a house big enough so his kids could have a room each, and a pony. Trusts set up for the girls so uni etc. was covered.

    I have one friend, who I would also help out, I know she is saving up for her 2nd round of IVF and it is heart breaking to see them struggle, so mortgage paid, and a bit in the bank for any further treatment and also if successful some kind of trust for the child.

    To be honest the rest of my "friends" can whistle, they have already abused my good nature!
    I do have a godson that I would like to see sorted but to be honest his grandmother and mother stopped talking to me after I lent her cash so that was 20+ yrs of friendship down the drain, but I would love to see the little guy reach his potential and lets face it money helps.

    Myself, a flat in London over looking the Thames or would I prefer a suite at a 5* hotel, not sure!
    A huge house in the Lakes with water frontage and a few acres so I could have lots and lots of dogs (perhaps start my own rescue).
    A villa in perhaps Greece with a pool although would I want to go with all them pooches to look after??

    One off things.. I would love to do the USA in a Winnebago, I cant drive so a hunky chauffeur would be needed.
    I would like to to a shark dive.
    I do want to travel, a lot!

    A personal trainer, or someone to follow me around and slap the champagne, Belgian choccies and lobster out of my hand :rotfl:
  • Homeownertobe
    Homeownertobe Posts: 1,023 Forumite
    They don't withhold anything if you tick 'no publicity'. And nor would the press come after you - a private individual has the right to privacy, but quite apart from that - they have the money to sue for it too.
  • Homeownertobe
    Homeownertobe Posts: 1,023 Forumite
    If I won a huge amount then the first thing I'd do would be sorting out a will and making sure that no-one knew exactly how much I'd won. Arranging it so it looked like I'd won a 'smaller' prize rather than a biggie.

    Then I'd ensure my immediate family and friends were financially comfortable and I'd go travelling for as long as I could stand without feeling the pull to come back home. Then I'd start to decide what to do, but it would probably involve finding the perfect spot to build a nice sustainable house and having that as my next project. And then more travelling, and then probably work on finding a spot in the world just for me and buying a nice place there as a holiday home.

    There's so much to see and experience, that I can't imagine ever feeling bored again. I love my job, but there's so much more to life than it.
  • Kim_kim
    Kim_kim Posts: 3,726 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    I'm in a work syndicate with about a dozen of us.
    So if it was 3 mil, it would only be £250,000 each.
    Even if it was a biggie, it would be more manageable split 12 ways.
    Pretty sure I would still work - I enjoy my job & I would be bored without it.
    I would give my daughter a huge wad & my 2 sisters a smaller more modest sum - they could disperse among their families.
  • mardycow
    mardycow Posts: 121 Forumite
    Part of the Furniture Photogenic Combo Breaker
    I would hire Paul McKenna to sort my travel phobias, then would go to Italy and other countries, would give my house to family member and buy a few more, get myself a nicer place with indoor pool,
  • Emkayoli
    Emkayoli Posts: 47 Forumite
    I'd leave it for a month in the account whilst I sat down and really thought about what I wanted to do with it.

    But I think initially:

    I would probably spend about £750,000 buying and redecorating a house.

    Find out where I needed to go to get the best private healthcare and treatments for my MS.

    Hire a full time live in Nanny or 2 on a job share so the kids are never left fending for themselves when I am having a bad day.

    Continue my studies at the local uni but I would probably invest anonymously into funding our 'class' to be able to enter our work into national competitions, trips and spending some time up at the Edinburgh Fringe next year.

    Decide which school the kids were attending (because we'd move) and invest about £1million on agreed outdoor equipment, educational trips and supplies etc... That would benefit all the children long term.

    Get myself a personal trainer and a dietician who have experience of MS and I'd get myself some counselling.

    Assessment for my daughter who we believe has Aspergers and start putting together what ever support she needs in place.

    I'd support my immediate family, pay off my parents mortgage, put trust funds together for my sisters.

    My 18 year old sis I would pay for the rest of her driving lessons and buy her a little run around and pay for her to go on holiday with her friends as she always misses out on going.

    My 15 year old id pay for her to go on some kind of media/drama camp somewhere and buy her an ipad for now. The other bits would come later.

    Any huge decisions would need to wait until I had my health under control and had finished my studies, I'd probably keep me and the girls a £5000pcm income and leave the rest accruing interest. So we could afford to spend the summer holidays travelling and the shorter breaks in the UK without needing to think about it in terms of budget!

    I'd donate a fair amount into MS research and eventually I would like to set up my own fund for small charities and social projects to apply for funding for specific things. Grants of up to £1500 or similar. Not just local but across the uk.
  • suisidevw
    suisidevw Posts: 2,256 Forumite
    Have any forum users on MSE every WON the lottery's top prize?
  • fatpiggy
    fatpiggy Posts: 388 Forumite
    I know it sounds boring, but I haven't a clue! I would pay off my mortgage, but that wouldn't make much of a dent in the win and I like my house so why would I want to move? I am perfectly happy with my 1.1 car, it goes from A to B cheaply and is pleasant to drive. I can park it easily and don't have to really worry about anyone vandalising it. I suppose I would probably have holidays (haven't had one at all since 2001!) and see the world a bit, but I've spent so long doing without that I'm very easily pleased and "things" aren't important to me. I suspect my favourite charities would probably do pretty well out of me :)
  • neneromanova
    neneromanova Posts: 3,051 Forumite
    Part of the Furniture Photogenic Combo Breaker
    I'd pay off my parents mortgage and give them some money for day to day living so they wouldn't need to worry. I'd only give a little to my brother and sister though (1 has never worked a day in his life and the other thinks a hards weeks work is 16 hours....) unless they got off their bums and actually worked and got some respect for people.

    We would pay our friends mortgages off and give them £100k each (maybe a bit more depending on what they wanted to do :) )

    I don't know about the In-Laws though as they have always had money troubles but due to their own stupidity. They racked up so much debt they ended up loosing their house so now have to rent and have only just finished paying an IVA and have already started spending loads again going on holidays and stuff. I suppose we'd buy a house for them to live in so they wouldn't have to pay rent. But not really give them much money as it would cause a massive problem in the future with more than likely getting in Debt again.

    I'd buy a house each for the kids for the future but they'd only be allowed it if they did well and worked hard. Also give some money to other family members so they wouldn't "struggle".

    THEN ;)

    Massive trip to Disney World when DS1 is old enough to remember :) Holidays, Cars, Maybe Emigrate to Canada. Then More holidays. :rotfl:
    What's yours is mine and what's mine is mine..
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