What would you do if ....

[IfIonlyhadaheart]

I'm just transferring some money into premium bonds and it got me thinking, if I won the big prize of £1million.

My home life is monstrously shit, for a whole host of reasons I can't leave yet. Hence the reason for the premium bonds I'm saving like mad to escape. He's due to inherit a lot money but I don't want any of it. I just want to be free of him, plus he first has to outlive his surviving relatives which is never a given. We are married, I know I'm entitled to half, but I don't want it.

So I wouldn't tell DH, I'd quietly make my plans and go. I don't think I'd tell anyone. £1million pounds probably isn't enough to stop working, so I'd just carry on at a job I enjoy knowing I could have a lovely comfortable lifestyle and have almost anything I wanted. Oh what a dream to be free and all of the sake of money.

If I won a million then I would move to Spain. Find a nice house with little bit of land and don't job from there.
That reminds me, I need to buy some premium bonds! I've had some for thirty years and never won a penny though.

Do my job not don't job! Lol.

I think it would totally be enough to stop working!

If I won a million I'd get my kids set up in houses, then take a year out to holiday round the world (starting next year when COVID is over).

Buy three properties in less salubrious areas of London for £300k a piece. Even if you only got £1000 a month in rent each, you’d still be earning the equivalent of a decent salary.

I like my job so would keep on doing it until I didn't like it anymore. Gosh what a lovely feeling to be able to buy what you want without worrying about money.

Would you have to hand over half if he is your DH? In the event of a divorce?

Well officially yes, but obviously his financial position is a damn sight better than mine even if I won £1million so its unlikely to apply - and I'm very unlikely to win!!

It would be lovely wouldn't it!

I'd give my parents enough to renovate their house in France, then plan a lovely holiday for the whole family.

Probably invest the rest and but more premium bonds

Buy a house outright. I wouldn’t give up work but not having to pay mortgage/rent would mean I had more freedom to work less hours/do a job I enjoy without worry.
That wouldn’t be the entire £1m of course. I’d give some to family and charity too and book a few lovely holidays. Not sure about the rest, would probably consult a financial advisor.

My sister and I had premium bonds bought for us when we were born. My sister won £50 maybe 5 years ago. I've never seen a penny. :)

If I won a million... I'd buy a nice house, in a nice part of town, and probably a new car. That would probably take me to around £400k. Then I'd have a couple of lovely holidays and put the rest in savings.

I'd carry on working, but only because I generally like my job, and feel like I'd quickly get bored otherwise! Plus a million isn't as much as you'd think... I think you'd have to be pretty smart and money-wise to live on it comfortably for the rest of your days.