£202 million euromillions tonight.

[EarlofShrewsbury]

It's an obscene amount of money.

Apart from the usual house, car, holiday, helping friends and family and charity, what would you do with it?

I’m genuinely shocked at that

Can you post some links to houses in london that cost two hundred and two million? Can you not find any house around the five million pound mark that's suitable for you

How strange

I'd make sure all my extended family and close friends were mortgage free with an investment pot to cover their care fees in old age. I'd set my DC and GDC up for life with properties and investments. I'd buy a large Georgian rectory near the sea and a chunk of grouse moor in Scotland for rewilding. I'd be generous to children's charities and animal rescue centres.

At this point in my life I’d use it for something extremely important.
laser hair removal on my moustache.

It’s an obscene amount of money for one person to have…

if I actually won it… I would give some to family but it could destroy lives just as easily as it could make lives better so I’d think very long and hard about how much and how.

Invest it… and have an eye-wateringly huge income that can be reinvested or used to do some good.

I would think twice about setting up a grant-making foundation. There are already lots of foundations with expertise which are processing funding applications but turning down good charities and projects because there is not enough money in the pot. Even 200 million wouldn’t fund everyone. Maybe better to give other grantmakers something extra to boost their grant capacity. A community foundation would be an obvious choice. Or fund social enterprises working in the community.

I'd fund the new building and facilities my local hospital desperately needs and build a new community centre with youth facilities, childcare and mental health provision. Then pay off mortgages for close family, buy a few houses and travel first class around the world.

A dilemma I'd love to have! I'd definitely share it around with family and friends to make a difference to as many people as I could. Plus some generous donations to charities close to my heart. This post has just made me get a ticket! I never play so 🤞

I would give £50000 to many schools pta to decide what to help their school with

I’d buy my kids school 2 mini buses and set up a fund/give to the pta to maintain them.

then id work out if i could some how build a secondary school for asd with high academic needs in my area and a charity foundation to cover as much of the cost of running as possible.

then I’d book a holiday somewhere sunny

I would have a personal chef and someone to follow me round making sure my glasses were always crystal clear 😂...a butler maybe

There is so much good I could do for the world with this. And mostly with my friends, too - some have glorious business ambitions but can't fund their growth. I'd 100% support them.

I'd buy the house that DH and I want that's £2m 😅 and employ a gardener and housekeeper.

I'd set up a special school in my local town and put in place a charitable trust to top up fund it into the future.

I'd buy flats for my 2 (adult) nieces. I'd gift them anonymously so they wouldn't know it was me.

I'd set up a trust to provide grants for family holidays for families with the same disability as my DD. I'd also fund scholarships to young carers, for independent secondary schools and university.

I'd then put the rest into an overarching charitable trust for the local area.

“How strange” that you didn’t bother to read the comment.
I was referring to properties costing in the region of one million, which they do in many areas of London, in response to an earlier comment suggesting the prize should be one million for 202 people instead of 202 million for one person.

Oh the things I would do.

I would spend £100 million on charities.

I would set up a charity for teen mental health, and set up lots of clubs etc locally for teens (and specifically autistic teens).

I would also go onto gofundme and pay off some operations for American kids.

Buy my kids houses and set them up for life with their own businesses.

I would pay for the Wiggles to come over here and do a show locally (just because I love them 🤣)

I would also buy the houses either side of my ex husband and put absolutely awful tenants in them who are loud and disrespectful trashy.

So I guess I wouldn't use it all for good.

Oh my god imagine!
I would buy a house, and one for my mum. I'd pay off her debts and make sure she had a decent amount of money a month so she could live the rest of her life in comfort. I'd pay for her to have private health care so she can get help for various issues.
I'd put a chunk by for my neices and nephews for uni/deposits/travelling.
Invest in property but keep it low cost so families can have affordable rent and a nice place to live.
Some into trust for my LO and then I'd just breathe. Enjoy the freedom it would bring, travel, have fun, look after those I love. Live quietly and peacefully.

I would buy a house with a pool.
Give chunks to family (ours is huge!) and friends.
New car.
Create a mental health unit with therapies, accessible for all so not private.
Buy mounjaro injections.
Renovate the house we are in now and rent out to a family in need, minimal rent.
My husband would be able to retire.

I would retire, buy a house in the country with about 40 acres. Get my daughter in the private dyslexic school of my dreams so she can get a better start then she gets currently.

Go on a very long holiday with us all so we decided what we want to do with the money and who we are going to support and help.

Create trusts for the kids for when they reach 30.

I'd pay for my niece and nephew's college. I am spiteful so I'd tell DH's family we have won £200m and I'd give them £100 each😁. They need it the most but as they have treated me badly for years, I am done with their drama.

I'd buy DH's dream motorbikes and we'll buy a nice house that's not too big with a beautiful garden and a small pond for me, and a big garage/man cave for him. I'd also buy a holiday home in Hawaii.

Highland cows, that'd get the neighbours talking

I would set up a charity in my home town and surrounding area that provided every child with a decent bed, mattress and bedding, as i hate the thought of a child not having a comfortable place to sleep. I would also provide winter coats, hats, scarves, gloves and boots to those same children as i can't bear to see children without those.

It goes without saying that I’d give a wedge to charity.

I would pay off my siblings mortgages, and give them, my parents, PIL & niece a chunk to give them financial freedom.

I’d rescue a few more dogs to live with me (I have two already so maybe two/three more would be perfect 😂). I’d then set up some sort of sanctuary for rescue dogs where they can live comfortably until they are rehomed or stay forever as I’ve seen the kennels some of them end up in for months/years and it breaks my heart.

I’d sort my teeth out - Invisalign, whitening and composite bonding.

I’d get myself & my partner a classic Porsche. Get the garage extended, kitchen extended, loft extension & garden landscaped.

I’d buy several rental properties and offer them out at affordable rates.

Repair the potholes in my town as they’re truly shocking.

Beyond that it’s hard to think of what I’d want to spend it on! I’m not really into material possessions and like living below my means/simple life, so for me it would be about making those I care about more comfortable and some smaller luxuries.

Agreed, someone near us won £186m. It’s morally reprehensible (IMO!) to hold on to that money for one family. Nobody needs that amount, it needs to be redistributed to the most vulnerable.

I'd put it towards a week at Centre Parks in half-term.

It is tax free.

Slightly off topic but how do you initially manage the money? I mean, obviously you get a lot of good advice but do you have to lock a load away because squirrelling it in your current account or handy ISA while you decide how to divvy it up is probably going to cause a headache with the FCA protection? Does it just land in your account one day? And presume any interest gets taxed so you’d need to keep some cash handy in order to pay that at the end of the year.

The initial win is tax free but any interest is subject to tax and anything you give away will be subject to tax for the recipient.