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To think winning £110M overnight would solve a lot of problems but bring a whole set of new ones?

287 replies

SereneFinch · Yesterday 08:04

Someone in the UK won £110M last night and I was just thinking about how they’re feeling this morning.

All your money worries are gone, you can buy a nice house, quit your job etc.

But I wonder if those problems are replaced with new ones. Some people in your life might be jealous. Or expect handouts and get angry about who gets what.

And then your DC. Do you tell them they still need to do their homework? That they’ll still need to have a job/career one day?

I’m not saying it wouldn’t be great, I'm just wondering if it swaps one set of problems for another.

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the80sweregreat · Today 08:10

Red fairy
Not heard the name Andrew McCarthy for many years.
He was gorgeous in all those silly 80s films he was in.

redfairy · Today 07:59

I'd keep quiet but I'm not sure how I could explain away any degree of spending as I live a modest life on a lowish single income. I'd have to say it was a win on a smaller scale. I'd immediately retire, pay off my mortgage and start looking for a house with a rural view, my children would get homes and the grands would get an education of their parents choosing. The devil in me would hire someone to ensure both EXH's experience a bit of bad luck- manure on the drive, flat tyres, that sort of thing - just a little mischievous payback. I think perhaps the saddest thing would be that as a single person you'd probably be suspicious of any potential romantic partner. However I also take comfort that in an alternate parallel universe I have won that £110m and am married to David Morrisey or Andrew McCarthy.

Biker47 · Today 07:59

dreamingofgoodhair · Yesterday 21:17

People saying they wouldn’t tell anyone, would you move ? Would you buy new cars , travel etc ? Give up work ?
You can’t explain those things away by the odd bonus and normal investments.

I wouldn't tell anyone how much or when I won, but I would have to tell them eventually that I won something on the lottery, the only way to realistically avoid having to do that is to not spend any of the money which defeats the point. My plan has always been to hide how much I win, no-one knows what my salary is now or how much I have in savings so I don't see any reason why that should change with winnings. Even if I "only" won one million, I'd still only say to anyone the most I'd won is £500k.

EveryoneUsingOutro · Today 07:52

Timeforachange26 · Yesterday 21:42

Bjt I would have the same lifestyle. I like my life, why would I change it

Don’t play then. I can imagine a hundred ways to improve my life. I’d be very good at being very rich.

JacknDiane · Today 07:50

I think its too much

EveryoneUsingOutro · Today 07:48

CIaudiaWankleman · Yesterday 19:58

Can you imagine just existing for the rest of your days with no real purpose? I appreciate I’m lucky that I (mostly) enjoy my job but days and days of wafting around being rich sounds lovely for a week or 2 but then a bit dull.

Good grief- can you really not imagine doing anything with your spare time apart from working for an employer? 😱

I can think of soooo many things I'd do if I didnt have to work and had millions. I'd start a charity for a cause close to my heart, I'd volunteer, I'd do a degree in philosophy (which ive always wanted to do!), I'd adopt the oldest sickest dogs from shelters who nobody wanted, I'd set up scholarships for kids who couldn't afford universities, I'd travel and see the world and different cultures, I'd run a marathon, I'd spend time drawing and painting, I'd write a novel, etc etc

I find it so sad that literally the only things people can ever think to do in life is work 🙄. There is nothing wrong with enjoying your job- thats a good thing but to say you literally cannot think of anything at all to do outside of it is just...sad.

Edited

Exactly! I could “fill my days” with absolutely no problem at all and do so many fun and meaningful enriching things.
Feeling like lottery winners should have to pass a test before they get their winnings 😂 can you describe 10 great things you’ll do?!

CrookedEaredCorgi · Today 07:45

bookshelf85 · Today 07:33

Oh I know a phenomenal small charity that does amazing research that would be able to really push boundaries I would donate a big chunk to them and the rest I’d pay off mortgages and pay school fees etc for family. I’d invest the rest rather than spend. I’d family trusts for children’s education. Money would help privately treat my mum who has an advanced cancer.

I think one should be careful of donating a large amount to a small charity. They wouldn’t have the infrastructure to deal with it and it could cause a lot of problems.

CIaudiaWankleman · Today 07:41

Good Lord, only mumsnet could turn winning the lottery into a miserable, negative experience

🤯🙄

pokewomans · Today 07:36

@RikthePoet I was agreeing with you

bookshelf85 · Today 07:33

Oh I know a phenomenal small charity that does amazing research that would be able to really push boundaries I would donate a big chunk to them and the rest I’d pay off mortgages and pay school fees etc for family. I’d invest the rest rather than spend. I’d family trusts for children’s education. Money would help privately treat my mum who has an advanced cancer.

Sealedbidswoes · Today 07:18

SereneFinch · Yesterday 08:13

If I went in now and told my DD we’d won the lottery, I can guarantee she would put down her A level coursework and refuse to ever pick it up again. But I can’t work out if that would be OK or not.

I think that’s a bit sad and strange. I’ve a few friends/acquaintances with this level of wealth (although it’s been passed down to them through generations or earned rather than won) and all their children are still expected to be high achievers, go to top universities and have meaningful careers.

JMSA · Today 06:47

Can I be honest, I’d hate it. Don’t get me wrong, I’d LOVE a lottery win. All that money to help my family out and lead a better life. But that much money would freak me out. Just a few million would be great.

PoloThePolarBear · Today 06:33

Timeforachange26 · Yesterday 21:42

Bjt I would have the same lifestyle. I like my life, why would I change it

No one’s asking you to. Good for you. But most people would want to make some changes if they suddenly won £110m, and so unless they were very very careful people would realise they had money. And that creates issues with relationships, security, and how to raise children.

blubberball · Today 04:19

SereneFinch · Yesterday 08:04

Someone in the UK won £110M last night and I was just thinking about how they’re feeling this morning.

All your money worries are gone, you can buy a nice house, quit your job etc.

But I wonder if those problems are replaced with new ones. Some people in your life might be jealous. Or expect handouts and get angry about who gets what.

And then your DC. Do you tell them they still need to do their homework? That they’ll still need to have a job/career one day?

I’m not saying it wouldn’t be great, I'm just wondering if it swaps one set of problems for another.

Don't tell anyone

dreamingofgoodhair · Today 02:52

likelysuspect · Yesterday 22:33

What would be all the time? Do you talk about your source of income all the time?

No , but the PP was suggesting lying about everything eg working from home, telling people you were going on different holidays. Lying about inheritance etc.

RikthePoet · Today 00:36

pokewomans · Yesterday 17:09

Which is nonsense!!

Er, yeah. That's what I said.

RikthePoet · Today 00:35

jonnybriggswasgreat · Yesterday 16:15

You must be naive to think to that all our taxes go to improve public services.

Where do all our taxes go then, if not on public services?

Are we subsidising Andy Burnham's Britpop CD collection?

likelysuspect · Yesterday 22:33

dreamingofgoodhair · Yesterday 22:27

How crap having to lie all the time.

What would be all the time? Do you talk about your source of income all the time?

dreamingofgoodhair · Yesterday 22:27

jonnybriggswasgreat · Yesterday 21:38

Giving up work would be hard to explain. Maybe lie and say your new job that’s only WFH.

The rest can be explained by lies people have posted here - an inheritance, a pension payout, smart early investments. You can say you’re visiting friends or family to explain the travel, or just say you’re travelling somewhere cheaper than where you’re actually going to.

How crap having to lie all the time.

borborygmus1 · Yesterday 22:25

There is a famous Chinese proverb which translates to "wealth does not last past three generations." It's true. The children of this person cannot afford to be complacent or their own children will be the ones that squander the money as they do not recognise its value.

GoldenGail · Yesterday 22:23

Dexternight · Yesterday 21:28

What did you do with the winnings?

Bought and renovated my rented house. `Took my two sons and grandkids for a 5 star foreign holiday. Paid off student loans, bought a car, deposit for a house for one son. Conservatory, new windows, doors and boiler for the other. Invested 250K in a pension fund for my old age..had been self employed so had none. Bought a fancy handbag and pen . Bought a fabulous bright yellow wee 2 seater Smart Car. All things that brought joy and comfort to our lives without being luxurious. BIggest benefit was not seeing a brown envelope coming through the door and worrying that it was a big bill x

Besidemyselfwithworry · Yesterday 22:05

IAxolotlQuestions · Yesterday 08:05

But what a lovely problem to have…

I know I doubt I’d be worried about anything to be honest

Newyearawaits · Yesterday 22:04

I agree OP, just what would you do with all that money?
Yes, I would share with family to allow them to buy homes etc but ultimately, it will only be extra 0000s and a different set of problems.
And as good as it would be to indulge in whatever you want, the problems in my life that keeps me awake wouldn't be solved by any amount of money.

pokewomans · Yesterday 21:53

@jonnybriggswasgreatWell that makes little sense. How much do you think you have to save & invest to get a 100m pot at 40?! 😆😆😆

Again why does saying my lifestyle is going to change = never hearing of philanthropy?!

pokewomans · Yesterday 21:49

Timeforachange26 · Yesterday 21:46

And they can all see into your bank accounts and investment portfolio can they?

Well my parents know about my investments as they started some of them and I discuss what funds I use with friends & family. Either way my lifestyle will change if I win 100m and an investment coming good won’t explain that!