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

I’m still laughing at “110 million doesn’t go as far as you think”. What planet are you on?

I agree with whoever said better for £1m to go to 110 people, that’s still a life-changing amount for most people despite what some on here would have you believe. £500k is life changing! Nobody needs £110m.

I’ll happily have that as a problem. I’ve never understood the ‘money doesn’t buy happiness’ trope.

Yes, this is exactly what i think. Plus, I'd find it quite difficult being part of that wealthy circle, surrounded by other wealthy people because I could afford the best. I'd miss meeting and being around normal people. And you'd never know if new people really wanted your friendship or the trappings of your lifestyle. On the other hand, I'd love to be able to help existing friends out financially.

I wouldn’t tell anyone how much I had won. I am lucky enough to live a nice life and have no interest in living in a mansion. I’d buy a big house sure, but one which could be explained through selling my house and using up some investments. If I did decide to tell my kids I’d say it was, £5m or so. Whilst a lot of money, we know lots of people with that kind of level of wealth and the kids would know they were lucky but that it certainly wasn’t an option to not study or have their career.

The vast majority of the money would go into establishing a charitable trust to give grants depending on what priorities I am the trustees decided to focus on. I would invest in a London flat for each of the kids and we’d do some nice holidays

As someone above said, it’s not their money. They wouldn’t have any more money than they have today so my expectations of them wouldn’t change. A levels, university, a career.

You're right. It wouldn't make everything perfect.

For example, my kids are adults now and if I won that money, I'd be giving up work and I'd want to leave where I live, travel the world, move away from here BUT my DH has younger kids - he's not leaving them and his ex would not be allowing them to go with us...so that would cause problems for sure.

Wouldn't worry about telling the kids - it's my money, not theirs. I'd still expect them to work hard but I could help them on their way and take some of the stress away and that would be a nice thing to be able to do.

The vast majority don't fritter away the money.

I wouldn't tell anyone except my partner. I'd say I had inherited some money to explain an increase in spending. I don't think it would be healthy for the kids to know. I'd get a nicer house and car but I'm not into flash things so it wouldn't be crazy obvious.

My biggest problem would be finding the motivation to find a new purpose in life. I'd hope it wouldn't make me lazy, but with all that money it would be so tempting to just go on holidays, eat, drink and be frivolous. I'd have to do something still, volunteer, set up a new charity or something. Otherwise I could see life becoming quite dull in a way I'd never expected. When you can afford to do what you want, have any experience you choose, would you lose your sense of wonder and taking pleasure in once in a lifetime experiences? Because nothing would ever be 'once in a lifetime' if you could afford to do it every day.

I haven’t a link but I’m sure I’ve read somewhere that lottery winners of huge amounts statistically end up less happy. I reckon half a million is a perfect amount.

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.

I would be absolutely thrilled to win it. Money might not buy happiness, but it brings choices.

I’ve spent waaaaay too much time thinking about this!!
I’ve come to the conclusion that the security issue alone means that I would not tell A SOUL. I love my life as it is apart from the pressure of work and bills. That pressure would be gone. No need to start splashing the cash left right and centre to make it obvious that you are rich. If the kids need help we could help them. Same with family and friends. You could probably do this anonymously if you wanted to (sorry, I think I’d be living in a Dickens novel!).
I love my work, so I would probably keep doing it, but part time. We could do home improvements rather than buy a big fancy house. DH could take early retirement. I’d help charities (anonymously) and set up a trust fund for the kids, but they wouldn’t know about it until they are much older and able to grasp the need for absolute discretion in this matter.

Many years ago now, I was called in to type up a personally important document by my friend, who was caretaker of the mansion of a business partner of Mr Trump.

Building works were taking place and so I was let in via the rear door of the main house instead of the janitor entrance, which was my usual point of entry.

The Lady of the House, an extremely wealthy woman in her own right, had forgotten I was due to arrive and her reaction when she caught sight of me, carrying a large, dark box (my typewriter) was one of instant fear and horror.

In that first second, she perceived a threat, a bomb in my hand, and fell back against the kitchen units in plain terror. It is a memory that has remained with me all down the years.

Only later did I come to understand that her son had been the intended victim of a kidnap plot, she herself was not immune from family rivalries and jealousies and they all lived in a perpetual state of wariness and stress.

The bottom line is this - would living in a gilded cage make me happy? No, thank you. I prefer to live a relatively unassuming, ordinary sort of life with enough money that i don't have to struggle but not enough to make me anyone's target.

i just checked. It wasn’t me but if it was, I think I would have had a heart attack and died.

I never understand why people go public with a big win - first thing you’d have to do is get all your post directed somewhere else and employ a person to deal with all the begging letters. I assume the lottery people make a big deal about it and persuade winners it’s a great idea.

I’m still reeling from my win last night-£2.60. What to do with that 10p profit is taxing.

I've posted this on MN before - but if I won a daft amount of money on this scale I'd put most of it into sponsoring a British university engineering department to lead the design and build of the worlds fastest steam engine. The current record of 126mph was set in 1938. About time it was smashed. Be nice to achieve something interesting before I snuff it.
Still be plenty left for a comfortable life.

The other thing people forget is that with an £111 million lump sum - a 5% return would give you £106,000 a week in interest. Don't think you'd need to worry about pensions 😆

You don’t have to tell everyone that you have won this money or flash it around. Don’t tell your children until they have finished their studies and mature enough to keep a secret.

This is the premise of this book. Really interesting about differing views, impact etc. A great read.

www.adeleparks.com/just-my-luck

110 million doesn't stretch as far as you might think. Blimey @Catza, I know the cost of living is high but where on earth do you live????

I think it's too much to win

Far better for 10p people to win £1,000,000

Hi @Davros I know we don't know each other very well but I was wondering if you could possibly donate a small amount towards buying this https://www.amazon.co.uk/murr-Interactive-Cat-Toy-Battery-Operated/dp/B0FKTBLCQK/ref=mp_s_a_1_15?adgrpid=187827869033&dib=eyJ2IjoiMSJ9.u1hDqnl24Kv1Q5HViAzLjridbz-4M3u7OEeLOiJTQkCK0QOM4ZDVvnl5adqaBdPvhIvd0I2SzL8Xw-RNfSr04i_wF-YuP6QyJ6_HhlD0WNthY2sHYa4PcH3ugfUoEKhf2MzG4vaQuGqxO9GWMjLJVnfNGq4g1V5s76gFUhizcIzbkxY6oLnp5A83b7jvO-1y63vIGjuE5IA3lQ2R6bfQ6g.uTEYLZkcrJ-8ZkzWhh8r2nwZKW3wnkK_cZrzEGRY0Fw&dib_tag=se&gad_source=1&hvadid=793449357345&hvdev=m&hvexpln=0&hvlocphy=9046634&hvnetw=g&hvocijid=8463911221167036545--&hvqmt=e&hvrand=8463911221167036545&hvtargid=kwd-508995845&hydadcr=18413_2425705_381705&keywords=cat+laser+toy&mcid=39f18c2ec4ad3f5f8121eacb533d476e&qid=1790407667&sr=8-15 for my cat , I of course don't expect to to pay for all of it and promise I will send you funny cat videos once I have saved up enough to buy it.

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"Bad people?" 🤣

Why do people ‘go public’ with it? I remember now seeing people on the news with the big cheque, hardly ever see it anymore. Do you get more money? Presumably so.
I think 111 million is too much to land on your plate overnight at once. Different if you’ve grafted to get your business to that place having put blood sweat and tears into it. A lottery win is different in that it’s instant gratification.
I’d have to spend it all as quickly as possible (I’m sure I could manage 😂), maybe leaving a couple of million in reserves to see me through to death comfortably. Would give as much away as I could to ensure my loved ones were mortgage free.
genuinely don’t think I could handle it though! I don’t play anyway so not ever going to happen.

I know the PhD can be funded. It's the student debt at undergrad I was referring to

(If I won euro millions I would fund a bunch of PhDs and undergrad scholarships)