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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:
TailFeatherz · 07/06/2021 07:10

If I won say £10M I've always thought I'd like to not only give to family and friends but also ppl at work who've always been a good friend

I work with a guy's who's nearly fifty, he has a partner but they rent and I know he'd love to have his own house. I often think how you could give say £100,000 and change somebody's life and you'd barely notice it if you won £10M

I'd leave my job and like to do something helping animals, probably rent our house out and move to a nicer area

DaisyFeather · 07/06/2021 07:15

Pay off the mortgage
Start a family trust for DD, nieces and nephews
Invest more into my business
But a three storey property (or similar) that could be a shop (ground floor) office (middle) creative retreat flat (top)
Make sure my siblings had homes

bigbaggyeyes · 07/06/2021 07:18

I'd buy a house with land, I'd keep chickens, goats, a horse and a few alpacas.

I love my job but there's no way I'd keep on working.

I'd also love to buy a VW Camper and go away all the time - I'd also have to employ someone to look after the animals

MyCatEatsPrawnCrackers · 07/06/2021 07:24

I am in my 50s and just handed in my notice at work. I just couldn't do my job (teaching) a moment longer. I can't claim my teachers pension until next Spring. I have some money saved to live on until then but it will be a squeeze. I actually feel like I've won the lottery right now!

PhilCornwall1 · 07/06/2021 07:26

Jack in my job, pack up and bugger off to the Yorkshire Dales in a good sized property and give the boys plenty to sort their futures.

Change my email address, phone number, so the inevitable "invest in my business" and begging letters could not be received.

burritofan · 07/06/2021 07:33

Double-fronted house in Brighton with a big south-facing garden. Pay off all my friends’ mortgages. Invest for retirement and my kids. Have a thousand more babies. Quit my “pays the bills” day job but keep plugging away at my “hard graft for no financial reward” creative evening job.

Go absolutely hog wild at the garden centre. Get some chickens. Have a vision of myself wafting around in a tea dress and wellies for the next 50 years, pottering in and out of the greenhouse and drinking cups of tea and being really, really content.

SmokeyDevil · 07/06/2021 07:35

@LauraAshleySofa

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.

You say you are frugal, yet waste money on lottery tickets you are unlikely to win from, and claim that you'd hate having the money even if you did win?

That's not frugal, and it also doesn't make any sense.

Linguaphile · 07/06/2021 07:37
  • Give away 10% to charity
  • Pay off mortgage
  • Replace car
  • Set aside a chunk for some bucket list holidays
  • Buy a pied-a-terre in central London and a large ski chalet in the alps (places we could rent out for side income when we’re not using them)
  • invest/save the rest
CassandraTrotter · 07/06/2021 07:40

Quit work and invest more time and money into our side hustle.
Pay off mortgage.
Buy a holiday home with long term plan to retire to.
Buy more suitable property for my parents. They need to be in a bungalow but can not face the process of selling, buying and the move.
Buy children property for when they leave home.
Upgrade car.
Travel, when permitted.

sandgrown · 07/06/2021 07:43

@FutureDays can you get this campaign into the national press . This changes my view of the National Trust . How can they go against the terms of a will ? Is it legal .

BeagleMomma · 07/06/2021 07:49

I would buy up a piece of land in Wales and open a proper dog friendly campsite Grin

The pitches would be large and completely securely fenced with a gate so that dogs could be free within the pitch and not have to be tied out.

There'd be a couple of secure play fields and nice local walks. I'd even hire animal care students to do doggy daycare if people wanted to pop out for the day or go out for a meal in a restraint that wasn't dog friendly.

You can tell I've planned this Confused

DavidTheDog · 07/06/2021 07:51

I like @bluechameleon's plans :)

And I love this, Sit on it for a few weeks. Just to settle things in my head. And mist importantly, NOT TELL ANYONE.

DinosaurDiana · 07/06/2021 07:53

I’d buy a large field on the edge of a village. I’d build a 7 foot wall all the way around and have electric gates fitted.

toffeebutterpopcorn · 07/06/2021 07:57

I’d give a load to our siblings and nephews and nieces, and to charity. Buy a property for DS in where he ends up at uni. Leave work and retrain and spend my days making beautiful things. And get a dog or two.

Ughmaybenot · 07/06/2021 08:02

After setting aside a bit for my siblings, I’d buy a farm (our family farm was split and sold off a few years back now), a new pickup (mine is edging towards ‘could do with replacing), build some stables for my horses, quit my part time job and focus the rest of our money on our existing main business. And I’d live out my days stressing about tractors and the weather and all the things I do now, just not about money. It sounds blissful Grin

AvonCallingBarksdale · 07/06/2021 08:13

I’d move to somewhere where everything I could see was ours (ie no neighbours) but not a million miles from where we are now. I’d put money aside for a hefty property deposit for DC. Sizeable chunks to various charities. I’d probably stay at work, DH would probably quit Smile

Wond3rment · 07/06/2021 08:24

My plans are ready to go:

  1. Donate to my chosen charities and the monthly donations to help individuals pay for education, health, etc
  2. Pay mortgage
  3. Pay off car
  4. Redecorate the living room, dining room and bathroom
  5. Garden landscaping
  6. Get my teeth done
  7. Splurge on a diamond ring
  8. Buy my Mother a new car
  9. Invest in property
10. A bucket list Holiday to mark a milestone birthday next year
PollyDarton1 · 07/06/2021 08:37

Oh wow the idea!

Pay off mortgage. Pay off the mortgage of my DSS mum as she's ace and would give DSS security too.

Buy a house for my mum who lives in a council flat. Nice garden, couple of bedrooms, near us. Pay off my DB and SIL mortgage.

Give up work - retrain and finish my degree and find something more suited.

DH would probably work regardless because he's that type of person but could go part time.

Buy myself a nice car.

Take the kids away to Disneyland and Marioland in Japan.

Put a lump sum in a trust fund for both DSS and DS.

Just enjoy a sedate but hobby filled life!

Stillfunny · 07/06/2021 08:42

I would be able to divorce DH and have a clean break.
Build a house based around a courtyard
Travel in style
Set up family and friends financially
Give to specific causes and needs
Have a personal chef and trainer

Moriarosesbebe · 07/06/2021 09:14

If it was a small amount I'd just invest in my house, help out friends and family and get a new car. Be generous amongst my friends and family and give some to charity
If it was mega money I'd still live in my house as it took a lot of hard graft to get here and I'd love to finish it. If it was possible to do it anonymously I'd pay off all friends and family mortgages/give them money to buy a house and give them yearly lump sums to enjoy. I wouldn't like them to know its me as it would change our relationships. I don't want people thinking they would be in my debt or have to be my friend forever. I want them to be able to call me out if I'm annoying them!
I'd give to charity but having worked in them I've seen the utter waste on stupid but necessary things. I'd like to anonymously donate vouchers for local hair salons, clothing and toy shops to womens refuge centres, randomly pay for everyone's bill in a restaurant or everyone's shopping in the supermarket. I love the idea of being able to change a lot of people's life's in little ways. I don't know if it's possible with privacy laws and stuff but I'd love to pay off the bills of people in arrears in my local bank/utilities company/doctors office (€60 to see a doctor adds up and I hate that people are avoiding going because they can't afford it-me included right now).
I'd also obviously look fabulous as I'd have enough money to get my hair and skin sorted out and have decent clothes that fit. I'd pay to have all the fat sucked out of my thighs and stomach and insert it back into my boobs!
I'm buying a ticket tonight!

wigglerose · 07/06/2021 09:27

Buy a big house. Put money in trust managed by independent trustees (NOT me) for family members. Buy my friend a flat in London.

LindaEllen · 07/06/2021 09:52

I'd finish doing up our house, including two extensions. Not sure if we would even move as a big house isn't on my agenda really. I'd get a nice car, pay off my parents' houses and do them up in any way they chose, probably buy my brother a house, give everyone a lump sum .. and then I'd just be comfortable.

I'd live in pretty much the same way I did now, but I wouldn't count the pennies at the supermarket, if we fancied a day out we could just go, if we wanted to go on holiday we could just book it instead of saving for years.

I'm one of those annoying people who would carry on working as a lottery winner - I'm a freelance writer/editor - BUT the difference is I could be much pickier about what I took on! That would be amazing as I do genuinely love editing novels. In fact I could do it for free!

AlfonsoTheMango · 07/06/2021 10:09

Pay off my mortgage.
Have work done on the house.
Give money to my family and favourite charities.
Take a long holiday.

DavidTheDog · 07/06/2021 10:49

I’d buy a large field on the edge of a village. I’d build a 7 foot wall all the way around and have electric gates fitted.

This is an unusual one.

Anotherlovelybitofsquirrel · 07/06/2021 10:55

Pay off the mortgage and all DCs mortgages. Quit work even though I love my job. Volunteer.

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