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

I wouldn’t tell anyone. Not even my kids. I’d buy myself a modest little house and a reliable car. I’d pay off my friends’ mortgages, telling them I’d come into a big chunk of money that I didn’t earn so I want to share the good fortune. Then I’d carry on with life as it is more or less, with a few holidays a year. I’d probably also buy a house in Spain so I could do my hobby a lot more. I’d let my friends pay for their own flights but I’d make sure they didn’t put a hand in their pocket the whole time they were visiting. We share a lot of worries etc anyway so if any of them found themselves struggling I’d find a way of helping or quietly say look I’ve still got some cash from that windfall so let me pay for whatever would help them. When my kids were older I could then support them with what they wanted to do. So if they got a job somewhere I’d buy them a house or flat. Or if they wanted to start a business I’d give them a big cash injection to help it get off the ground etc. But ultimately I wouldn’t change anything as such. Just have a massive bank balance sitting there. Use some to help people. Use some to enjoy myself.

I’d love to have this problem. Friends and family would be mortgage free and I’d donate massive amounts to animal rescues and poverty busting charities. This would genuinely solve all my problems and not cause me any new ones.

Or maybe they’d use some of it to help some of the people and animals suffering in the world, or invest in research to help fix the damage humans have done to the planet. To me that would be a bit more of an achievement than your idea of making a British train go a bit faster than another country’s train!

I think they should cap the maximum win. It takes a hell of a lot of work to manage that sort of money. There are plenty of foundations for example working off less. A foundation with that sort of endowment will most likely have an investment team, grant teams, possibly comms and policy depending on the foundation. It is absolutely big level money and lots of individuals just couldn’t cope with that. Even at modest returns, you’d be generating £5m plus a year on the capital. That isn’t a level you could just hide easily.

That’s insane levels of spending. WTF would a whole family be spending 2 mil a year each on?

o can guarantee the vast majority who landed 110 million would definitely be able to make it last a lifetime, including making their DC lives easier. If you choose to squander, more fool you I reckon.

I would not be spending 5-10 million on a London house though. I would buy a 4/5 bed new build for up to £500k. Adult DCs would be given a similar budget to find a home and some money to invest/start their own business if they wanted to. I’m a spender not a saver but even I couldn’t burn money the way you suggest.

nobody will even know as o already have a new car, so a house move wouldn’t really spark too much suspicion.

Also, I haven’t checked my ticket yet…🤞

But you don't have to tell people that you have won that amount, so you don't have people expecting hand outs and fighting for your money. You could say for exaple that you inherited some money to justify if you move to a much nicer house or buy a butter car. People don't need to know if you have quitted your job, you could be wfh or starting a new online business...

I think telling your kids would be a mistake. I'd like my DD to still make an effort in life, study and have a career she likes. I think it would be awful to teach your kids they don't have to do anything. And of course they have to do their homework!

Well if you win it you can spend it on beer and Pringles instead. 😆

My hairdressers next door neighbour won a considerable amount on the lottery a few years ago. She ended up drinking herself to death.

Problem solved by not telling them. The more people that know the more problems there’ll be.

Don't tell her then. We have family that won a few million and the kids still don't know 5 years on. They're in the south east so it paid off their mortgage and created a nest egg that means that one of them could retire early and the other just works part time and it's given them choices to have nice holidays, afford private six form and not worry about university debt. The kids are so humble and grateful about having these opportunities but seem to think it is down to careful pension planning and still believe that the family needs to be careful with money, which I don't think is unhealthy.

Well that would be an astronomical waste of money.

One thinks that, until your friends and relations start holding out the begging bowl, and never feel that you've given them enough, and are never grateful because "she's got so much, she won't even miss it". Expectations of dinners out, cars, houses, holidays and school fees from every direction. Gradually you find all your relationships have become transactional: the ones who haven't stayed friends with you in hopes of a windfall have cut contact out of resentment or because they don't like how the money has changed you.

A couple near me won one of the highest ever Euro jackpots.

They were caught up in all the excitement and went public with it the following day.

They had to abandon their house almost straight away for their own security, the local Royal Mail depot ended up agreeing to destroy all post sent to the house as they were getting sacks worth everyday from all over the world begging for money including lots of pictures of seriously ill children from countries with limited medical provisions.

Luckily their neighbour (a friend of mine) had a key to their house and was keeping an eye on the place but even the neighbours were being hassled by journalists trying to dig up dirt on them.

Their grown up daughters SM was trawled through and to this day, certain scummy media outlets (DM) are still running stories about the daughter as she was in a planning permission battle despite it being 10+ years since they won.

They could never return home either and moved far away.

Moral of the story, don't ever go public.

I read this book based on a recommendation on a MN thread about lottery wins. I spent the whole time I was reading it going “no, no, no don’t that”

My plan is not to tell anyone, select a team of solicitors, accountants etc to help me invest the money so it grows, sort out wills, LPAs etc. Then slowly upgrade my life to nicer home etc but not a mansion, donate 10% of the income to charity and help out specific people. My big expense would be travel which I already do but it would be upgraded. Eventually I would admit a smaller lottery win e.g. £14m but not the larger amount.

For people who say £111m isn’t a lot it’s all relative. To those of us on average incomes it’s an obscene amount but to a billionaire it’s a drop in the ocean.

If anyone finds themselves with massive problems after winning £110m, I'll gladly take a few mill off their hands to help them out.

My dad always said he could habe won lottery and no one would know... just dont tell anyone!

Id happily deal with those problems over mine

I’d be very worried about security which would take the edge off a win this big - you couldn’t really announce it. I wouldn’t want to live in a big, secluded house either as I wouldn’t want live-in staff or security personnel constantly there.

I’d give all family members a million so that’d get rid of about 30 million. Then i’d treat good friends (pay off mortgages, go on all expenses holidays together). I’d give another 30 million to charity. We’d give up work and travel a lot in style and I’d get a beautiful house by the sea with a home gym and employ a part time housekeeper and chef and a personal trainer. I’d also retain a mansion flat in London with a concierge. Dc would probably enjoy doing ‘hobby’ jobs like tennis coaching or work in an art gallery part time.

Steady! Can already tell this has gone to your head! 😆

I think this sort of money would be hard to keep secret really.Its like u move into a house .Pickle Cottage(I know I know but its my favourite innit!) Kids go to a private school, and your car gets an upgrade or 3. People will talk

I wouldn’t tell my DC if I won the lottery. I would just tell my partner and we wouldn’t tell anyone else. We would have to plan very carefully about the way forward first.

I have 25 quid until invoices are paid on Wednesday. I'd love to have whatever problems suddenly winning over a 100 million brings with it.

No, sorry, I literally could not think of a single downside to getting £110m overnight. Of course I'd share with people who are currently in my life, and where we both make an effort to keep in touch.

I'd also not go public as I'm not an attention seeker.

If anyone who doesn't bother with me now found out I'd won money, and came begging, they would be told where to go.

Brooklyn beckham is only 27, harsh to say his life’s been wasted already given he’s tried his hand at a couple of things (modelling and photography) and not got into trouble.

”strong work ethic” is fine, but I think it would be really bloody depressing to dedicate 40 hours a week to some corporate bollocks when your parent has access to enough money to cover several generations. They could set up a charity, an animal sanctuary, humanitarian work, research that no one wants to fund. All badly or unpaid stuff that still has worth.

id set them up with a property and salary from a trusf fund rather than lump of cash so they can’t waste it accidentally.

I feel that I would be put out of my siblings won such a large amount and didn’t give me some . I know that sounds grabby and probably why it could bring problems with people who have gone no contact with friends and family and suddenly win life changing amounts , especially if they get to hear about it somehow or guess that they are suddenly rich. I bet the fall outs could be epic with some people! It could be a minefield unless you said ‘oh , it wasn’t that much ‘ but people can check now what the jackpot is.
Im in a syndicate , so I’d say we had to share a lot of it if anyone found out who I didn’t want to know.
Hiding things is so hard these days as you can look up things ( that new house they have was up for millions !)
You’d have to be careful.