If you won millions... wwyd?

[Lwrenn]

I've just been thinking about what would I do if I won millions. Say 5 million.
I'm up feeding dd and I'm discussing it with her. She's 8 months old so her input is mostly shite 😂

Firstly I'd pay off my mortgage and put enough money for each of my 4 children to own a property each.
I'd pay off my debts, do home improvements (I love my neighbours, I'd stay for them) and I'd get my loved ones sorted. I could easily do this with 2 million with where we are.
1m in savings ideally but I'm happy to have less if I can generate a decent income.
1m with a clever accountant who could help me invest wisely. (Although I don't buy a gift without running it past mumsnet, I'd definitely ask advice on the money matters forum)
Leaves 1 million.
I'd like to use that for children in Palestine and other vulnerable children.
I'd also like to help out a few small charities that help people who are dealing with sick or dying family. I've seen many grown children of dementia sufferers and they're not given as much support as they need. I'd also love to help the actual victims of dementia to enrich their lives.
I'd love to buy a nice property somewhere when I've made a bit of money that could be used to send people living in poverty on holiday for a week. Or maybe if I bought caravans on a holiday park I could get more people away on holidays effectively. I could also sort prepaid food cards for them then also. So free holidays with food and spends sorted.
It wouldn't alter my day to day life as in I'd change my house or car. I'd probably still buy second hand clothes and shop at aldi. I'm not someone who gets a thrill from clothes, maybe however a nice bag and some saltwater sandals 😊
The luxury for me would be the opportunities I could give my children.
And the things I could do to make changes in other children's and families lives.
I'd happily have less savings to have more money going to feed children, but I'd ideally need to use money to make money. I'd be cut throat and frugal if I had the chance to make money to improve things for others on a significant scale.

Anyway I'm sure this thread has been done 1000s of times but if you'd like to share I'd love to know.

Give my friend some money towards a better housing situation.

Pay for private surgery i currently need.

Use 1.5m to buy 2 x houses in trusts for children.
Use 0.5m to pay off mortgage.
500k to help family members
Remaining 2.5m invested to provide income. Dh and i both quit our jobs.

I hope you get the surgery sorted @MariaVT65 💐

@GreatGateauxsby I'd realistically be able to buy quite decent houses where we live for 200k each, however I'd buy cheaper doer uppers for my dc I think, really get some bargains and rent them out until my dc needed them.

Although low key I'd like them to stay with me 😂

Buy my own home as this will never happen in my lifetime (43 now). Mostly so our daughter would inherit something of value.

Buy somewhere in a town by the sea for my parents who love the place. Its near enough to where they are now that friends etc are still accessible. This would come with a cleaner, gardener and driver.
Private healthcare
Pay for a friend to go on her dream holiday
Support a few charities
Go on several holidays
Buy a property....or 2....overseas/ UK?
Do another degree but in something I'm really interested in

Lovely to dream...

Probably move to a slightly bigger house.
New cars
Savings for DS for when he is 21, may be 25.
Travel
lnvest to give an income to quit work or at least go part time or volunteer.

5 million, well make DH retire immediately. But him another green house.
Sort out the housing situation for my brother and his partner.
Also help a couple of friends out with their housing situation too.
Pay for my parents ground floor extension, and a gardener for them.
Probably leaves just over 4 million.
Go on holiday a few times.

Normally I say I wouldn't retire because I love my job, but I've got that Sunday at the end of the holidays feeling so yes, I would retire, finish my degree and go abroad a bit.

Oh and secretly set the (teen) kids up, money in trust or something.

Would be amazing for them to complete education without any debt!

Put a million in trust for disabled ds. Possibly 2 million. Upgrade house or buy slightly bigger one on our lovely street so we could have a fourth bedroom and a studio for me to make sure my work from home business is fairly secure.

Buy a second/third property to have as rental income. Because of ds our future financial security is really unsure so I would need to find ways to generate passive income incase my work capacity is effected later. That would use up all but 1 million. Would put that aside to improve our lives. Private tutoring/therapy for ds, one or two nice (but not luxury) holidays a year. Add to kids savings so higher education is covered plus house deposit.

I would love to give some away but we live in an expensive part of the country and with ds being such an unknown it wouldn't be much.

I’ve thought a lot about this. If we won an obscene amount of money, like £150 million, we’d split the £100 million between us and give it away to various good causes and friends/family, then either buy my favourite house on RightMove or buy some land and have a small holding. Somewhere near the sea, with a walled vegetable garden and grounds big enough for me to fill it with loads of architectural salvage.

If we won 5 million, we wouldn’t tell a soul. We’d buy a normal house and live the life of Riley, all funded by my imaginary on line consultancy business that was simply too boring to talk about. I’m not sure whether it would be possible due to money laundering regulations, but I’d look into hiring a solicitor to tell friends and family that someone they knew had won the lottery and wanted to give them some money, but anonymously, and the condition of accepting it would be that they never tried to find out who, or told anyone other than the tax man.

I wouldn’t tell anyone apart from DH.

Buy a house that had a few acres and build an indoor swimming pool.

Encourage DH to retire now but he has a big project he wants to finish.

Money aside for a house for DS.

Anonymously assist one of my sisters.

50% would go straight to my friend, as per our agreement.

Quit my job, pay off the mortgages. I'd book fantastic holidays for all school holidays. In summer I'd take the children somewhere beautiful for a month. I'd fill my time with things I want to do, such as going to the gym and growing things at the allotment. There would be no dramatic change in what I do, just the pressure of my awful job would be removed.

After buying properties and cars for both 20-something kids, my first thought would be to buy a house over the road from a beach. Maybe like the cheapest house on Sandbanks. But then my next door neighbour here is very considerate and I really value that, so maybe I’d stay put. Plus the traffic on Sandbanks in the summer would drive me crazy. So maybe I’d just buy an apartment on Sandbanks for me to use out of season and Airbnb it in the summer.

I wouldn’t give up work as I love what I do, but I wouldn’t work 7 days a week as I currently do. I’d probably cut my hours and work on my own projects with the time that frees up.

I would outsource some of the jobs I don’t like doing, so I’d get a daily cleaner and a VA to do all my boring admin. I’d get a handyman round for every little task I’d rather not do without having to think of the cost.

So while I probably wouldn’t change much about my surroundings I’d definitely buy back some of my time.

Just to be out of my overdraft would be amazing! How lovely to not have to worry about money each month.

Id pay my debts and mortgage and then get a new kitchen and bathroom. I’d upgrade my car and put in a nice driveway. Quit work. Travel and have lovely holidays.

I’d buy a house each for my boys. I’d pay off families mortgages and give some money to friends.

Id pay for a camp for the local scout group who my boys have benefited from, so other children can have the same opportunities.

Sooooo many plans………

Get a divorce
buy a house for me and DC with a annex or something similar for my dad.
get a cleaner, but then I probably wouldn’t need one if I got a divorce!
buy houses for my DC
invest the rest and give to various charities. I don’t have any family bar my dad otherwise would help out family members.

£5m?

Split £2.5m between my parents, in laws, brother, SIL and BIL.

Keep the remaining £2.5m for ourselves. We'd buy a four bed semi in a nice part of town mortgage free, do it up nicely and rent our current property.

I'd keep my job (as I like it) but husband would give up his to work freelance on more engaging projects and look after our children when needed (school holidays etc).

We'd go on holiday a lot.

Sort out family and friends, donations to the charities and organisations that have helped me over the last 45 years. If I won enough I would also set up a housing trust/ charity for the homeless and rough sleepers in my area.

Ah hen, if I do win money I'll pm you and I'll sort your divorce out and help you out. X

Animal sanctuary.

What is bonkers to me is for where I live (Merseyside) the cost of houses I can buy in nice parts my dc and best friend a lovely wee place.
But some of you it would barely cover your mortgages!

Quit my job with immediate effect.
Pay off mortgage.
Book a massive holiday.
Share some of it out to close family.

I’d buy houses for my kids, but get legal advice as to how to prevent any spouses getting a share. I’d then buy them a brand new car.
Id buy in a good dog sitter so I can go off on cruises.
Then I’d buy a fantastic motor home.

Yup! I'm from Merseyside and could buy a much larger house at home but only a semi where I am in the South 😂

Under 5 million, pay mortgage off, buy some properties for the kids that rent out prior to them taking occupation.

Pay my ex (their father's mortgage off) also.

I would buy another property for 2 million close to us but in a better area out right and then rent our current house out which will give a steady income for bills.

I would still work but my husband would retire and I would reduce to 2 days a week.
I would buy a holiday home somewhere close and hot with 3 bedrooms and a pool.

I would give money to my friends dog charity

First thing would be pay off my brothers mortgage so I don't need to worry about them. Likely move house to something bigger but not over the top so people didn't cotton on we have loads of money. Then, by one pair of a certain very expensive shoe brand.. I am not materialistic but I always said if I won money, this is what my 'treat' would be. Then help friends and family out. I would go mad on quite a few go fund me pages and donate whatever is needed for targets. Support some charities, set a trust up for my child. X

Buy a house(will never happen otherwise). A large 4/5 bedroom(2 reception rooms, ensite master bedroom, large garden). Keep enough for my kids to get a property. Buy a few smaller places to rent out. Give a 1.5 mill to family and friends.