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What would you do with a Lottery win? (various different amounts)

61 replies

Waitingonastar · 17/01/2022 13:37

With £50k, I’d do some work to the house, have a nice family holiday and put some money into savings accounts for the kids, otherwise life would go on as normal (give my parents and in laws some cash too)

I’d probably do the above, plus give up work, if we won £500,000 but DH would still need to work and again I don’t think our lifestyle would change massively except it would all be easier without me working. Also donate to a cause or causes i support too.

£150m on the euro millions - I’d work out which charities/causes i’d want to support and get involved there, give all close family good sized gifts, then we’d go off round the world to stay in five star hotels and have amazing experiences (with tutors for the kids!) Then probably continue to life in the city we live in, but in a dream home and with a number of holiday homes abroad.

I don’t actually play the lottery though! But nice to day dream

OP posts:
TheLightSideOfTheMoon · 17/01/2022 13:38

£50K would pay off our mortgage. I’d be happy enough with that.

MyQuietPlace · 17/01/2022 13:44

£50k - give £10k to each of my 2 sons, then book a lovely holiday away with my husband, buy us a new car each, treat the grandkids, save some.

£500,000 - ring my husband's boss, tell him to shove the job. My husband could retire (he's only got 2 1/2 years left anyway) and I'd give some to each son. I'd invest some for old age (not too far away)

£150m - a new house for us, houses for our 2 sons, money for grandchildren, plus cars, holidays, charities, savings.

I don't do the lottery, but my husband does

LemonViolet · 17/01/2022 13:49

£50k would be quickly swallowed with work on the house, not even everything that needs doing tbh, but things that we’re planning to do over the next 5 years or so but could do it sooner.

£500k would pay off mortgage, do all the house up, have a nice holiday and a bit in saving. No one would give up work.

£150m (just a bit of a jump there OP!) I’d pay off our siblings mortgages and buy whatever our parents asked for (probably a holiday home each in their favourite areas); set up my own charitable foundation, buy an old country house with massive gardens, and a modern penthouse near London Bridge, employ staff to run both, travel loads, and generally fart about reading, playing piano, hanging out with my dogs, going to the theatre, doing various courses, and feeling good about the work my charity funding was doing, for the rest of my life.

LemonViolet · 17/01/2022 13:50

I do play btw, but often won’t check the ticket straight away. I like the idea I might be a millionaire and not know it yet.

LemonViolet · 17/01/2022 13:53

Oh yes, both my homes would have AMAZING grand pianos in them in the third scenario Grin. And maybe yoga studios too, including an outdoor one at the country place.

TheHouseWivesFavourite · 17/01/2022 13:54

Cocaine and hookers

ButWhereDidTheWindComeFrom · 17/01/2022 14:00

£50 k I would splash liberally on holidays for my family and my parents and siblings who live abroad.

500k - I would invest 100 k, use 100k to go wild on things like holidays and doing up the house and the rest I would buy a house for the DCs as an investment.

150 million- I would pay off the mortages of my entire family plus some friends. I would start a foundation in aid of something worthy relating to animal welfare. I would then just play around with the rest but I might also buy us a peerage of some sort because I rather fancy a pointless title.

AbsolCatly · 17/01/2022 14:01

One of my favourite day dreams - the smaller amounts would be similar to pp the magical big win though ... I wander round my town and lots of little-big things I would like to do anonymously to improve the town in general, like fix an old listed wall at a church, fill in all the potholes, improvements at the play park for kids of all ages, create a secure, centrally located dog park free to use for everyone. Get a farmers market on the go, maybe buy and rent out empty shops at very affordable rates so the high street isn't so gappy

Think I would spend it all very quickly! :)

WhatHaveIFound · 17/01/2022 14:06

£50k - Money to each child towards car/future house deposit. Rest on a makeover of the garden plus adding a garage to our house.

£500k - Pay off our mortgage plus same as above.

£150m - All of the above plus pay off my SILS mortgages, big chunk of money to each DC plus my niece/nephew so that they can buy a property each.

Guacamole001 · 17/01/2022 14:07

I would keep it for retirement. Only 9 years away!

TallyHoMyLittlePeachMuffin · 17/01/2022 14:13

Build a indoor swimming pool with a top of the range music system, buy a proper BBQ (can't afford a basic one at the moment) build a summer house with heating so I enjoy it when it's snowing
Support our very local animal charity with money and my time
Oooh and build a play park that wheelchair users can enjoy

PhoboPhobia · 17/01/2022 14:28

50K - put most of it to the mortgage to get us much closer to paying off

150K - half to the mortgage to clear then a nice holiday and some home improvements and some to DCs - 23 & 17

150m - buy a nicer house, pay off siblings mortgages, lots to DCs and some to a small number of close friends.

A brand new state of the art caravan. Lots of travel (being as it's imaginary, I'm pretending there's no covid!)

Probably a couple of properties - one somewhere hot and one somewhere with beautiful scenery and quite remote.

Last thing - I've always wanted a driver so I might employ 2 so there is someone available at all times to take me wherever I want to go. They'd have a dead easy job and I'd pay them well!

SockFluffInTheBath · 17/01/2022 14:36

50k probably a bit to charity and put up the rest up towards DCs going to uni.

150k as above plus pay off the mortgage.

150m (flipping heck probably die of shock Grin ) mostly to charity- set up a trust or something. DCs to uni, get them cars, houses when they’re older etc. Nice holidays, maybe an electric car. I don’t have extravagant or flamboyant taste though, there’d be no footballer-worthy house or Ferrari. I’d love being able to really help a lot of people though.

FindingMeno · 17/01/2022 14:39

50k invest/ save
500k buy a house or two.
150mil both as above and provide for family.

Turnitupto11 · 17/01/2022 14:45

£50k I would buy a small flat as I currently rent. £150k I'd buy a house. £150m I'd buy a house, new car (only a small one) and buy houses for the kids, give a substantial amount to charity and invest the rest.

HollowTalk · 17/01/2022 14:50

But would your children want to travel around the world and have tutors? Wouldn't they rather go to their own school and have nice holidays?

JanuaryBlues84 · 17/01/2022 14:51

Oooh fun!

£50K - take a year off and re-train as a professional chef
£500k - pay off the mortgage, buy a new car, re-train as a professional chef
£150m - give my and my partner's family/siblings a share, buy lovely houses in Dorset/Alps/Tuscany, go on the Orient Express (a lifelong dream, especially in the new super-swanky carriage), buy each of my nieces and nephews a property, give a big whack to various charities and/or set up my own and no need to re-train as a chef as I would just employ Michel Roux Jr (or similar) as my personal chef.

BrocolliHamster · 17/01/2022 14:53

50k would pay off the credit card, then probably use a bit for a holiday then the rest would go towards a house deposit

500k would spend about 300k on a house, then put of the rest would give some to friends and family and have some left over to save /invest. The first thing I'd do would be hire a financial advisor to avoid bollocking it all up!

150 million - I'd buy a house and probably a car but nothing extravagant. would give up work or maybe just go part time, but do lots of voluntary work for animal shelters and homeless charities. I would stay anonymous but tell close family and gift them some money.

Slayduggee · 17/01/2022 14:54

With £50k, pay off house renovation loan and start looking for another job ideally PT asap. I wouldn’t need to earn as much money.

If if won £500,000 same as above but pay off mortgage and resign from my job. I could be a SAHM until DC2 went to school in two years time and I could afford to retrain.

£150m on the euro millions - My mind would be completely blown. Quit work immediately. Buy relatives a house. Donate loads to charity. Sit down with a financial advisor!

WhosThatBehindTheFlask · 17/01/2022 14:58

£50k - quietly stash it away for my retirement and never tell anyone
£500k - pay off my mortgage, quietly stash away the rest for my (early!) retirement and never tell anyone
£150m - ok, I'll tell friends and family and give good sums to them, buy a nice house in the middle of nowhere and retire immediately. Spend my days walking and gardening and generally doing what I like. Also think about everyone who's ever made my life even a little bit easier and try and find ways to (anonomously) help them financially.

ShowOfHands · 17/01/2022 14:59

50k would be 15k in savings for each child (2 of them) and the rest on doing a couple of jobs on the house and a 6 month career break to pursue my passion without worry about income.

150k would pay off the mortgage so with 500k, we could move to Scotland and start the life we would like to be living, with some again in savings for the DC and their futures.

Euromillions? I wouldn't know where to start. I'd go on a steam train holiday across Europe and take a notebook with me so that I could plot my next steps. It'd take a while to figure it all out. But like most people, charity and helping out friends and family are top of the list.

Grumpyoldpersonwithcats · 17/01/2022 15:04

50k nice holiday, res in bank.
500k retire and not worry about DS university fees.
150M - I'd use a 50-75M of the money to establish a project to build the world's fastest steam engine (railway). Can't help feeling the technology must have moved forward since Mallard Grin.

Rest on setting up children and their descendants for life. And seeing some friends sorted of course.

BernadetteRostankowskiWolowitz · 17/01/2022 15:05

50k - 40k off the mortgage and a holiday to Disney

500k - move house and be mortgage free (half), 100k on gifts to others, 100k each for the dc into bank accounts for future homes, 20k into a holiday fund, rest into savings

150mil - freak out. Gift most of it away. Play with the remaining 5mil

RememberToLookUp · 17/01/2022 15:21

50k - do some work to our house.

500k - move house, save/invest the rest for retirement.

Euro millions stupid money - fuck knows! I’d give up work immediately, though, and I’d buy myself a little flat o could go to write in peace.

SilenceOfThePrams · 17/01/2022 15:32

£50k would be swallowed in house stuff.

£500k, potentially a house move, but if not then mortgage repaid, nice camper van or holiday lodge somewhere, decent wodge against old age.

150million,

Definite house move. Mortgages paid all round for family members. Financial advice to set up some kind of annuity/trust for disabled family members.

And then I’d have a bit of fun giving large donations to relatively small local charities - for eg providing the last £30k for a new roof, or fulfilling the whole wish list from a local playgroup, finding all the play equipment for a new playground, that sort of thing.

Thought I’d want to set my own charity up but I think this way would be less paperwork involved and more flexibility. New boat for disability sailing group, pazinggg! Room hire paid for the next five years, fwoosh! Three freezers for the foodbank, kazoom! Ultrasonic vein finder for the children’s ward, ping! Three months loss in wages covered for parents as child recovers from hideous illness, boom! That sort of thing. Anonymously.

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