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

284 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.

OP posts:
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GhostEed · Yesterday 08:29

takealettermsjones · Yesterday 08:22

It would only cause problems if you told people 🤷🏻‍♀️

I'd be willing to chance it!

I just don’t know how you could realistically hide it unless you already led a very solitary life. Once people find out it would spread like wild fire. I’d want to help people financially but how do you decide how much and to whom? Then the inevitable bitching would start, oh so and so got a million more than me, how unfair etc…..

No, I’d be happier with something like half a million which would make an enormous difference but far easier to keep quiet.

Sartre · Yesterday 08:28

Crispautumnday · Yesterday 08:27

Mine wouldn't. He'd study with renewed vigour knowing he couldn't go to university and do his much longed for PhD without the burden of huge debt

You can do a funded PhD. I was paid to do my PhD.

Sartre · Yesterday 08:28

It’s an obscene amount of money. I honestly wouldn’t know what to do with it. I think I’d sit with it untouched for a while before making rash decisions. It would seriously panic me to have quite so much cash. I also think people around you change. I remember reading about a guy who genuinely wanted to carry on living his life like normal but people he thought were good friends started turning on him and actually got quite vicious.

Crispautumnday · Yesterday 08:27

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.

Mine wouldn't. He'd study with renewed vigour knowing he couldn't go to university and do his much longed for PhD without the burden of huge debt

BMW58 · Yesterday 08:26

Oliveoy · Yesterday 08:20

Of course it would be ok. If you won 110 million, your child doesn't need qualifications. They can spend their life travelling, volunteering, pursuing hobbies, setting up their own business. If they really decide in the future that they want a standard career then there's more than enough to support study.

It would take no time at all for really bad people to find out about how rich your child's parents are and kidnap him/her for ransom - and kill them anyway.

You think rich peoples children have the freedom to do those things without safeguards?

Oliveoy · Yesterday 08:25

If people's kids wouldn't notice if they'd won 110 million, would they even be capable of passing an exam?

WhatterySquash · Yesterday 08:25

I’ve pondered this and I think the only option for me would be to not tell anyone. I’d give most of it away anonymously to charities etc, and put some in savings, make sure I had a really good pension and pay off mortgage but no one would know. Then I could help any friends or family who needed it down the line and just say I had some savings or investments, but not make an announcement that would change how people saw me. It’s not that I wouldn’t want to share it but that it would change your relationships with people and make them feel beholden or resentful. Or what if you gave someone a ton of money and they became an addict or something and you’d be responsible?

Oliveoy · Yesterday 08:24

Catza · Yesterday 08:20

It wouldn't because she is not the one who won money. You did (hypothetically). So she would have to wait until she inherits it which would be a very long time. Of course, if you were prepared to subsidise her for life, that would be different. But why would you?

Because you'd just won 110 million? 🤣

takealettermsjones · Yesterday 08:22

It would only cause problems if you told people 🤷🏻‍♀️

I'd be willing to chance it!

Sherararara · Yesterday 08:22

Littlebitpsycho · Yesterday 08:15

I wouldn't tell my DD if I won the lottery, as whether or not she'd ever need to have a job, I still really value education

This. My kids are a bit younger but I wouldn’t tell them, or any family/friends. Most definelty not go public. Just me and DH. We’d likely move to a larger property and over time give up work but we can explain that away as a result of DH job & investments.
Winning the lottery isn’t the cause of issues. Telling people you've won is. Nothing good comes of it.

MrsBatshitRatshit · Yesterday 08:20

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.

Of course it wouldn't be OK, and the best course would be not to tell her.

Catza · Yesterday 08:20

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.

It wouldn't because she is not the one who won money. You did (hypothetically). So she would have to wait until she inherits it which would be a very long time. Of course, if you were prepared to subsidise her for life, that would be different. But why would you?

Oliveoy · Yesterday 08:20

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.

Of course it would be ok. If you won 110 million, your child doesn't need qualifications. They can spend their life travelling, volunteering, pursuing hobbies, setting up their own business. If they really decide in the future that they want a standard career then there's more than enough to support study.

Grumpyoldpersonwithcats · Yesterday 08:19

Sherararara · Yesterday 08:14

Having just won £110 million I can confirm I am totally fine with it.

Could you bung me a few mill then please?
I'm a very worthy cause 😂

ScottBakula · Yesterday 08:18

I can't remember who the quote is from but
'If you only have one pound you have a lot of problems, if you have one million pound you have a lot of expensive problems'

And to some extent I agree, of course it would be great to not have to worry about paying for the normal household bills, but if you buy a big house your normal bills will be higher plus you'd have the heated pool , sauna , gym, housekeeper, cook, gardeners , cars more pets/ horses and general high end lifestyle things to pay for too.

On top of that you'd of course suddenly have more "friends' and family you haven't seen for years plus begging letters from compleat strangers.

Would I like to win a large amount of money? Of course, but that much , no.

TragicMuse · Yesterday 08:18

I think I’d find a way to cope…110m ways probably!

but I wouldn’t be broadcasting it to everyone so hopefully the expectation of handouts would be contained…

dottiedodah · Yesterday 08:16

BBC Aare saying 111 million .Anyway moot point really. I Think it would give u freedom of choice. But yes you would have a lot of people expecting a share.or pleading poverty.or just not wanting to be pleased for u

Littlebitpsycho · Yesterday 08:15

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 wouldn't tell my DD if I won the lottery, as whether or not she'd ever need to have a job, I still really value education

AgnesX · Yesterday 08:15

It probably will but I think I could cope 😁

LizandDerekGoals · Yesterday 08:15

Some people in your life might be jealous. Or expect handouts and get angry about who gets what. That is their problem though, not yours.

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?
Why would they have to get a job? They'd be able to pursue their interests, travel, build their own business without fear of not being able to pay bills. Having a job limits your options and time.

GhostEed · Yesterday 08:15

Personally I wouldn’t want to win that amount and yes I would imagine it will cause all kinds of grief with friends, family and everyone you’ve ever known crawling out of the woodwork.

Sherararara · Yesterday 08:14

Having just won £110 million I can confirm I am totally fine with it.

Davros · Yesterday 08:13

I won £2.60 last night, I’m rolling in it

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.

OP posts:
Grumpyoldpersonwithcats · Yesterday 08:12

I'd have learned to live with any potential problems if it had been me who had won.
Sadly it wasn't.