How would you share a mega-lottery win

Tropez

Lily-Rose wrote: »

LOL really???

A million would set almost anyone up for life, if they were careful and wise with it! What an ungrateful girl!

Depends how long they're planning on living really.

£1 in 1970 is worth less than 5 pence today so if such trends were to continue, one million and a say, thirty year old, were to live their average life expectancy they'd have to carry on working or have some extremely good advice on how to invest that money because otherwise by the time they retired it'd be worth very little.

Ilona

Why worry about something that's never going to happen. I don't do the lottery.
:beer:
Ilona

Buzzybee90

lostinrates wrote: »

We're married, it would me OUR win. The needs of our family are different and would met differently but to same end goal I think.

Sorry I didn't mean it in that way. I basically meant would you feel obliged to do the same to the other side of the family, even if you weren't as close, in the interest of fairness.

getmore4less

You have to keep enough back to run the things you are buying.

a decent house will need 1/2 million aside generating income to run maintain

a bigger one and servants more like £4m

taking the family across the pond a few time a year 1st class, £1m

want to run a decent car renewing on a regular basis £1m

BucksLady

I would make sure all my family were ok and then establish a Charity to help Young Carers. I recently saw a tv programme documenting their plight and was amazed to find how little help they receive. To help this group of people would be wonderful .

lostinrates

Buzzybee90 wrote: »

Sorry I didn't mean it in that way. I basically meant would you feel obliged to do the same to the other side of the family, even if you weren't as close, in the interest of fairness.

That's how I understood it. And how I answered.

DigForVictory

A mega-lottery win?
Now that's actually tricky as I'm fine with the smaller sums.

Daydreams like around 10K? Replace all the white goods with Miele or equivalent durable quality.
Around 50K? The white goods, replace car for same thing but younger & take family on world tour, relation-hopping.
Around 100K? As above but learn to fly aeroplane & world tour with me as pilot for some of it.

However mega-lottery win.
Plural millions? Lie like a trooper & deny it. Vehemently. Absolutely no publicity. All financial affairs handled out of a big city I'm a stranger in. Not tell friends, not tell family, in two minds whether to tell spouse!

This stuff is *toxic* in high volumes. The Irish lass who's publically dishing it out has my admiration & a deep hope she's never given cause to regret her decision - I might do something similar but in silence & misleading garb.

Oh yes, I'd love to be the conduit of "good luck" - but where it comes in cash form? It'll make a really nasty mess of my family. Buy them houses? Why? They've got places they live, that are theirs, that I'd be a an evil witch to uproot them from. The lads are too young & where do I buy the houses, anyway? Dotted around university towns? Hebridean bothies? London flats?

Simpler to set up a trust & then be employed by it, buying land & building social housing on it. There are at least three hospitals I'd like to think need never worry about recruiting nurses as there's a local accom deal watching over them.

At least one hospice - we're all going to die - if I can't in my own home, then may it be in a really lovely setting with space for family & friends to visit & places for them to stay & be looked after too.

But with anonymity as an absolute must. Our home, our family - it's relatively simple, it's ours & I do not want to rock the boat. A mega-win is so much dynamite.

catkins

Buzzybee90 wrote: »

Quick question-

If you personally won the lottery, would you feel obliged to replicate what you do for your own family for that of your partners or spouse?

No. OH doesn't get on with his mum or sister and he would not want to give them anything. His mum has been really awful to me over the years so I wouldn't give her even 1p.

Elsewhere

I'd take a trip to the International Space Station. Any money left over would be spent on a private trainer to get me fit enough to survive the trip!

Gra76

Depending on the size of the win would depend on what I'd do with it.

A million would leave us comfortable but I'd not move house (we've got a nice enough house as it is) and I'd carry on working, but I'd buy a nice car and pay the mortgage off. I'd probably go for something nicer 'everyday' but not too nice, maybe a BMW M3 or M5. The missus would have a top spec'd Ford S-Max, I already know that much as I asked her what car she'd have if she could have any car in the world only a few days ago! Bless her, she just wants practicality!

If it was a seriously large win then the missus would still want an S-Max, although I'd probably have a 'weekend' car to add to the M3 or M5 (or both for that matter). Something stupidly fast. Something that looked spectacular and would turn heads. Something seriously difficult to get over speed bumps. A Pagani Zonda would fit the bill. We'd have to move too, I'd need a bigger garage.

I'd pay off all my friends mortgages and buy my sister a house. My bitter and twisted brother could go to hell though as he already thinks I'm 'posh and rich'. Which is far from the case but as he's been supported by the state for the last few years I'd imagine he see's what I've managed to get by working and assumes I'm loaded.

We'd go on holiday lots. Only during school holidays mind, don't want to upset the school! On my days off I'd wonder the streets of the local city looking for general rubbish to buy to fill my mansion with. I'd have the biggest games room in history. It'd be big enough to park an aircraft carrier in.

Other than that I'd probably buy the internet and set up an actual grammar police force. Not sure how that'd work yet but I'm sure it'd be interesting to implement!