Winning the Lotto

I wouldn’t tell a soul, not even the husband, how much I had won. I’d admit instead to a much, much smaller amount and quietly distribute it as I felt fit.

I wouldn't want to win that amount. Couldn't cope.

I think these huge Lottery prizes are obscene amounts for the ordinary person to win. I often wonder what they do with it and do they really enjoy it, does it bring them happiness, or does it become an overwhelming burden. Do they ever wish they hadn't won?

But if I ever did win a silly amount of money like that I'd ensure that DH and I had sufficient funds to see out the rest of our lives in comfort, dignity and well cared for. Then I'd share a big chunk of it between our AC, GC and siblings. I might buy a new (electric) car. And I'd make a number of anonymous donations to favourite charities. The remainder would be invested in a high interest account (if any still exist) to be divided between our children after our deaths.

But none of that is ever likely to happen because we don't do the Lottery!

Ok, this is from someone who has only done the lottery twice hahaha. I would give large sums to my children and set up trust funds for my grandchildren. I would definitely find out who was struggling, who needed a leg up ( Friends ) I wouldn't let it be known publicly but I would treat people left, right and centre, by that I mean an instant act of kindness to Jo Public, I would love to do that.... like pay for someones shopping in the supermarket, buy someones a new car, help others, help others, help others. Now THAT would bring me sooooo much joy.

After such a big win, I would always wonder how to avoid scammers, kidnappers ... Would people like you for yourself or your money... Too much hassle.

Nicolenet

After such a big win, I would always wonder how to avoid scammers, kidnappers ... Would people like you for yourself or your money... Too much hassle.

Blimey, never thought about kidnappers!!

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In the early 1960s my now father in law won £6000 approx on radio Luxembourg postal bingo! It was enormous amount for him and ma in law! Approx £140,000 now. Their life changed in many ways. Each of their children, 3 , including my now husband, had the same amount, about £150 each. they bought all new furniture, a new car (didn’t have one previously) and a residential caravan! Various relatives had small handouts, but no mention of gifts to charities. They had a couple of nice holidays, including 2 trips to Australia! and then invested in a couple more caravans which they continued to rent out for about 15 years. This money made a big change to their lives. IThey both continued working until retirement but FIL died in his early 70s and MIL in her mid 90s.
They had no financial advice, but certainly enjoyed this windfall!

IMO The jackpot should be limited to say £20million, it's way more than enough for any same person to cope with and enough to do good for families and charitable giving too. It's insane to have such obscene amounts dumped on one winner! All the good causes could so so much better if income was channelled to them first with winners being secondary consideration .