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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

What would you do if you won the lottery?

82 replies

Lottofever · 06/06/2021 20:49

Moneys always been a struggle for me. I despised school due to bullying and because of this I bunked off quite a lot. I didn't sit any of my GCSE's. Work wise there hasn't been many opportunities because I had no qualifications leaving school. I currently work full time earning just above minimum wage in an entry level job. It's ok, it pays the bills but that's about it. I have no disposable income once my rent and bills have been paid every month (like many people).
It's a constant slog. I live in a lovely flat in a nice enough area but I absolutely hate renting, I feel like I might as well throw money down the toilet once a month. I'm desperate to get on the property ladder but it's just so difficult trying to save whilst paying rent/bills at the same time. It will take me years to save up a half decent deposit. Jesus, they don't make it easy for people do they?

Anyway, this wasn't suppose to be a sympathy post. If I won the lottery, I'd definitely buy myself a house, nothing extravagant. I'd love to live in a cottage with a wood burner. I would give my family money, especially my mum so she could retire (only 3 years left bless her). My auntie as well because she's a single mum and also struggles. I currently work in a nursery and have worked in a few different settings over the years which (in my opinion) have been terrible. I'd love to open up my own child care setting because of this. A few holiday destinations might even be on the cards too, New York being one of them.

Would love to hear what other people would spend their winnings on? (If you're lucky enough to win Wink). Light hearted post! Money isn't everything.

OP posts:
ghostyslovesheets · 06/06/2021 20:52

education doesn;t stop when you leave school - why not look at options at college?

If I won I'd pay of my mortgage and if I had enough I'd buy a pad in London and Liverpool - I'd help my family and I'd start buying property to do up and rent - I'd look for a charity such as Women's Aid to find tenants and make the rents affordable and the tenancies long term.

whiteroseredrose · 06/06/2021 20:53

Buy land for rewilding. And retire obviously.

RagzReturnsRebooted · 06/06/2021 20:54

Buy a house. Not likely to happen otherwise. Depending on how much I won, I'd buy my sisters somewhere to live. Like you, I grew up really poor and have only just got off benefits, having trained as a nurse in my 30s.
I would still work, I love my job. DH is self employed so he could work from an outbuilding and be able to take time off when his MH is bad without feeling like he has to work through it.

GrandTheftWalrus · 06/06/2021 20:54

I'd move out of the shithole I live in. Buy a big house with loads of rooms.

Give money to my parents.

Clear off all my debts that my ex husband left me with

waltzingparrot · 06/06/2021 20:55

I'd do a silversmith/jewellery course and set myself up in a little craft unit in a beautiful waterside setting somewhere to sell my wares. If you've won the lottery big time it wouldn't really matter if your business was profitable or not. I'd close up for lunch and eat my sandwiches by the water, probably close on Thursdays and Fridays as well, Monday's occasionally too. Grin Actually, I might just be an online business.

PinkSparklyPussyCat · 06/06/2021 20:55

Hand in my notice at work and move away with DH.

Sunnyday321 · 06/06/2021 20:57

I wouldn't buy a mansion that's for sure. The idea of living in one gives me the creeps .

katscamel · 06/06/2021 20:57

Buy my parents a bungalow/land to have one built, buy myself an apartment by the sea in my favourite place, give up current job but do something similar part time/voluntary (depending on how much I actually won ).

thefirstmrsrochester · 06/06/2021 20:58

Get my house sorted out, pay off the mortgage, buy a house on the coast to retire to, donate to charity, and get me some horses. And more rescue cats.

FutureDays · 06/06/2021 21:03

There is some land in my town that the national trust were left in a will to stop it being developed on, the national trust are trying to sell it to developers so I'd buy that to keep it as a green space as they have suddenly given the town a deadline of 30 days to buy it for 300k but it isn't enough time to raise the money.

I'd buy the house along the road from us that my parents would love but is out of their budget.

I'd replace my car for something that didn't have bits falling off it and also a campervan.

I've got a lot of plans for my non-existent money...

DulseSeaweed · 06/06/2021 21:07

Invest enough for a comfortable retirement. Invest on behalf of the kids. Pay off the mortgage. Buy loads more land around where I live and rewild it (can't believe another poster already said the same thing). We are doing a small amount on our 5 acre plot but would love to do more. And donate an absolute shitload to charity. Not sure if I'd actually quit my job, maybe I'd go and study something interesting at uni instead.

TheatricalGiraffe · 06/06/2021 21:07

If we're talking around 10 million i'd
-Set my friends and family up for life
-Buy my first home
-Start trying for our first child
-Book every West End show i've not been able to watch in the last 15 months
-Pay off my car

But i'd still keep my job, i like what I do and the perks that come with it :)

Pottedpalm · 06/06/2021 21:08

Pay off a few small debts, new card for DH and me, ours are ancient. Money for DTs to invest in property. I would set money aside to educate any grandchildren, give a chunk to my sister and DHs brother and have a trip to Australia.

DulseSeaweed · 06/06/2021 21:09

@FutureDays where is that? That's terrible but I suppose they can only take on property that is financially sustainable?

dillydallydollydaydream7 · 06/06/2021 21:10

Pay off debts and give a chunk to my parents, they're in their 60s and struggled financially when I was growing up but they made sure I never went without, so I'd like to treat them

Dacquoise · 06/06/2021 21:13

My DP was telling me today about Rolls Royce making five limited edition cars that have a nautical theme ie boat shaped where a table and cars plus sun canopy pop out of the boot. Only £20 million a piece. I was gobsmacked that this has been commissioned by a seriously wealthy couple. It made me wonder how utterly bored and stupidly rich you would have to be to buy something like this. We then got onto what to do with a lottery win!

Here's mine: depending on level of wealth I would give my daughter a big deposit for first property in a trust fund so that it would be protected from anyone looking for an easy ride. I would put some money in a trust for her but nothing stupid and not accessible until she had established a good career of her own.

Buy a house with my DP somewhere lovely in a market town or by the seaside. Not huge or flash but perfect location and convenience for us to grow old together.

Sort out houses for his sister, niece and nephew plus lifetime annuities for each of them to make life a bit easier.

Give lifetime annuities to my closest friends. I would want the money to be enjoyed by them bit not open them up to being asked for lumps of money by anyone else.

Gradually disperse the rest of it to charitable causes of my fancy. Wouldn't it be lovely to sponsor kids to go to uni if it was out of their reach? Or pay for someone's operation? All anonymously.

And if it was a mega win buy £20million of vaccine to donate to a country that is struggling to buy it. Sod the car.

Not tell anyone but my partner about the win and not tell anyone benefitting from it the extent of the win. I always have the uncomfortable feeling that it could be ruinous if you have too much money.

donaldbump · 06/06/2021 21:17

I’d
Sort my parents out with a better suited home for them and give them a wedge as they have to be careful right now
Pay off close family and friends mortgage
Buy a flat in Hampstead and a bolthole in Suffolk. Oh go on maybe a beach hut in Thailand.
Go back to uni and study photography.
I’d carry on working though. I like my job.
I’d also love to have land to rewild and have horses too.
Either give lots to charity or set up my own charity around either climate change or children in poverty.
Save some for travel when we can. Though what I’d actually love is more time to do a mega trip without using a plane.

Chicchicchicchiclana · 06/06/2021 21:24

Buy a 4 bed 2 bathroom house nearby. That would be £1.5 million.

Get current house fixed up (maybe £20 to £30 grand) and keep it as a rental.

Give loads away.

Make sure we have enough left to help our dc onto the property ladder and for me and dh to live comfortably until we die.

FutureDays · 06/06/2021 21:39

[quote DulseSeaweed]@FutureDays where is that? That's terrible but I suppose they can only take on property that is financially sustainable?[/quote]
It's in Devon, its a green space so no property to maintain just land that is home to a lot of wildlife.
people have been trying to talk with them for a few years to see if it can be bought and they haven't engaged, until they announced this sudden deadline 2 weeks ago.

A load of the info is on the below or their facebook page

www.crowdfunder.co.uk/save-bonds-meadow

LauraAshleySofa · 06/06/2021 21:55

Winning the lottery would be a disaster for me. DH and I have a strong relationship due to our commitment to our common goals, financial, career and also education for our DC. If money were no object all that would go out of the window and we'd have no common purpose. We are frugal as a mindset so wouldn't just go out spending every day and I expect our DC would go off the rails if they had nothing to aim for in life.

In terms of giving it all away, we have seen the true colours of many of our family members, not one of them helping us through our most difficult years (not financially, we needed support in other ways but it wasn't forthcoming) no doubt they would ask for money but I wouldn't want to give it now.

So I don't even know why I buy tickets.

Yet still I do.

luckily I never win.

Ihaveaskedyouthrice · 06/06/2021 22:00

Depends on the amount. If we're talking a few million on the normal lottery I'd buy a new house, new cars, just basically live a more comfortable version of my current life.
If it was tens of millions I'd do the above but also buy a hotel and turn it into a respite centre for families of children with special needs. My 8 year old son has quite demanding special needs and it makes it very difficult for us to get away for a break or go for days out with him and our two smaller children. I envisage somewhere that families like us could go that would have tons of activities for all ages and all abilities as well as babysitters on tap so parents can go for a nice meal in the evening or to the spa or whatever.

FindingMeno · 06/06/2021 22:05

I would buy a small property outright for housing security.
I would travel a lot.
I would give up paid work in favour of voluntary work.

Kissthepastrychef · 06/06/2021 22:06

Rather depends on how much I've won

Mummadeze · 06/06/2021 22:06

I think I would try being a fashion designer. And I would try to go to drama school as a mature student. I would take private singing lessons and play tennis everyday. I would go to Florida with my daughter and stay in pricy accommodation at the actual parks. I would also take her to Tokyo which is on both our bucket lists. I used to say I wouldn’t quit my job but I am starting to feel like I would now I am older. I would hire a PT and a chef as well and try to lose weight.

Feelingbad2 · 06/06/2021 22:07

I’d buy a house too, nothing crazy but I’d like a 4 bed detached with a lovely garden. We also rent and I hate it.

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