So, someone (or group) in the UK has won about £161 million.
If you couldn't be bothered to even try, and got say 5% interest on that, that's over 20 thousand quid a DAY interest.
So - what the heck would you do with all that money? Give 99.5% of it away? Buy one yacht?
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I will just live off the interest and keep the rest for a rainy day.
Might even buy Everton two or three new players.
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Take you lot to a party. Hobgoblin HELL for all the Lager drinkers.
Seriously though, it is too much. 2m would do me thanks!!
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My first priority would be to offer my ex the money she needed to pay off her mortgage and also buy her a safe small car ( she drives a rattly Seicento, ie not safe at all for my son ).
After that, id buy members of my immediate family things they needed, my dad his longed for Jaguar, my mum being able to give up work however much that costs, my in-laws buy them the bungalow they want, my sister buy her the house she wants in OZ, make sure my aunt who isnt well has what she needs. Might buy my parents a house near mine with top-notch facilities for my nan and any extra carers she needs.
When id done all that, id buy something reasonable for my wife and I, a sprawling bungalow with nice open plan spaces and a holiday home in the South West somewhere.
Id certainly give up work given my health which seems on a never-ending downward spiral, my wife may want to continue on her own terms most likely.
I dont think id go mad though, ive spent too long without much to go spending it all at once.
Cars, well that would be a hobby :-)
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Reckon that gets rid of about three mil. You've got 159 to go...
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>> You've got 159 to go...<<
Nah, id bank the rest although I may invest in worthy local firms to try and create more job opportunities in the local town. I dont think you can be gifted that sort of money and not try and use a portion of it for the good of others.
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>> Its a pathetic sum, wont even buy you a house.
>>
>> www.overseaspropertymall.com/property-type/billionaire-homes/1-billion-antilia-mumbai-the-worlds-most-expensive-house-completed/
>>
That's one ugly looking house. Wonder if he watched Only fools and horses and was dreaming of peckham?!
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Give lots of it away. Loads of projects need money and don't get funded. Think I'd spend some on science and medical ones. That's after I'd bought a few cars, a bigger house and dumped a lot of it on friends and family. Would have lots left over.
And there'd be millions spare to collapse Murdoch and his empire.
Think you'd be lucky to get even 5% interest. Checked out the wealthy git accounts and they're paying less than 3% even on large cash deposits. Current accounts still paying next to nothing even for the well off.
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The worst thing you could do was tell a soul outside of your nearest and dearest, it would cause you more grief and resentment than you'd imagine, especially from family.
Five or ten million would see me and Mrs RR out in comfort, the rest could go to charity as it would be more trouble than it was worth.
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I'd keep it a secret for starters.
I'd tell people a white lie and say i'd come up trumps on the Premium Bonds...to account for some new accoutrements...buy some things that for now would be more than nice, but for a multi millionaire would be a tad modest ..sort out your nearest and dearest for no mortgage and new car etc
...and then keep everyone in the dark.
Because. With that amount of money I wouldn't want my kids kidnapped and/or having to worry about having security...and even trutsed family or friends would blab to someone....and the cat would be out of the bag...and eventually scumsville would get to hear about it.
Last edited by: Westpig on Wed 13 Jul 11 at 20:25
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I'd buy a Qashqai and tell people it was a company car so I could remain incognito. Well that's what I did when I won the lottery anyway...Oh blast...
:-)
Last edited by: Humph D'Bout on Wed 13 Jul 11 at 20:31
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Live a life not much different to the present one, apart from the hard graft part.
Basically be even more reclusive in a warmer more remote location.
Nice to see one's hard working (only) loved ones and close friends get a chance of putting their feet up too.
Another Hilux probably for transport....need it mind, as where i'd like to live wouldn't really be passable for much else.
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Go to Las Vegas, live the high life, win another $25 on the tables, drink a little.. etc///
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I'd want to sit tight for six months to come to terms with it; carry on working etc But not sure I'd be so good at keeping the boss sweet if I knew I could walk at will. Or if I could tolerate a commute like tonight's (suicide at Apsley) if I had the option of calling a limo or a chopper!!!
That done I'd look for a reasonable base either round here or in the West Riding with a retreat round Breanish on Lewis or maybe South Harris. Live on a bit more than £50k and put the rest to work in good causes.
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>> I'd want to sit tight for six months to come to terms with it; carry
>> on working etc But not sure I'd be so good at keeping the boss sweet
>> if I knew I could walk at will.
Buy the company and make yourself your current boss's boss.
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>> Buy the company and make yourself your current boss's boss.
>>
As a civil servant that might be difficult but, under Dave's latest madcap scheme perhaps not beyond the bounds. A charitable foundation to further the objectives of the soon to be abolished outfit I'm currently working in would be a reasonable objective.
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As mentioned above, it's an awkward amount of money - too much for safety.
You'd have a lot of hassle from the banks/money men and the taxman, and HMG doesn't like you giving it away.
And eventually comes the fallout - some of you may remember Viv Nicholson - "Spend, Spend, spend" and that was probably less than £10m in today's money.
tinyurl.com/6kqpr5s
I wouldn't want that much, in fact I'd argue I'm happy as I am....
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Something monumentally cool like hitching a ride with the ruskys into space. Mark Shuttleworth spent his pennies pretty well.
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If I come by £161,000,000, I'd give £150,000,000 to the Palestinians in Gaza, and keep the rest.
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...I'd give £150,000,000 to the Palestinians in Gaza, and keep the rest...
Don't forget 10p for your mate Espada.
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>>Don't forget 10p for your mate Espada.<<
If truth be known, I'm sure comrade Espada would lob a few Shekels over the wall.
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People have odd attitudes to wealth. Make your fortune in business, which probably involves trampling on a few people and you are admired and respected.
Make it through crime, which definately involves trampling on a lot of people and you are admired and feared.
Lead a sedate life then win it and everyone hates your guts.
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I'd see a few local charities right...Local childrens hospice, Animals in Distress, etc. £100K each would make a hell of a difference.
Set the three kids up for ever. But it's really too much.
£250k would do me...£80K to eack of the kids and their families and the £10K left for a few modest holidays. We have all we need and a good income so no point in being greedy.
I'd keep the begging letters going out , though !
Ted
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Prefer these silly amounts to be split into lesser amounts to a greater number of winners. 1 million more than enough for a decent house, with land to ensure a modicum of peace, and a bit of comfort. I'd consider giving quite a lot to direct family. But then, I'm not sure they'd be able to deal with a really large windfall. So, probably nothing too substantial. A suitable charity/charities for 150 million and make do with the ample remainder? Corporate governance issues? Meetings with solicitors, drooling at the prospect of a killing? Best not to be in that position I think.
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>> Prefer these silly amounts to be split into lesser amounts to a greater number of
>> winners. 1 million more than enough for a decent house, with land to ensure a
>> modicum of peace, and a bit of comfort.
Not round here its not. It was up for 78 million at one time, but yours for a very modest 48 million.
www.updowncourt.com/
Last edited by: Zero on Wed 13 Jul 11 at 22:09
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More round "here"
tinyurl.com/5r448j6
Last edited by: Zero on Wed 13 Jul 11 at 22:11
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1. Pay off overdraft.
2. Spend the change on beer.
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269 properties for sale £500K - £1M within n a one mile radius.
tinyurl.com/6duaqkx
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>>..and HMG doesn't like you giving it away.>>
None of their business as far as I'm aware as it's not earned income and could be distributed as you wished. You wouldn't even have to declare having won £161m, but would then pay tax on the interest.
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I would take me and my 161 million to switzerland
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Learn to fly. Buy a Spitfire. Enjoy it a lot.
Count the rest
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What were the numbers so i'll check?
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>> What were the numbers so i'll check?
www.national-lottery.co.uk/player/p/results/euromillions.ftl
17, 19, 38, 42, 45 - 09 - 10
I'd go on a good, long holiday to let it sink in. Then I'd see all my family and close friends alright - give them each enough to let them and their children have a worry-free future. Cancel the bankruptcy and pay it all off, which would take only a tiny percentage of the millions. Set my children up for a comfortable life. Look back through my past (work colleagues, long-lost friends, you lot) and pleasantly surprise all those who've been good to me both in the past and more recently. Check out a few of the inevitable begging letters and help them out too if they're in genuine need.
Then I think I'd settle down into the sort of lifestyle someone like Chris Evans has now - VIP boxes at Silverstone and Goodwood, maybe buy a few cars to race there, big estate in the country, put my feet up a bit.
Having seen what can happen to those unaccustomed to wealth (Viv Nicholson, Michael Carroll) I'd make certain I didn't go down that road.
If that little lot sounds comprehensive, well I'm a lorry driver, I hear about it on the radio every day and I've got enough time to dream about it in detail :)
Last edited by: Dave_TDCi on Wed 13 Jul 11 at 23:20
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I wouldn't tell a soul, not even you lot.
Damn, given it away. ;>)
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161 million pounds,what would I do.Problaby lift myself off the floor after the shock.
So many people to help and support.All familie and friends.Dove house one of my favorites.Isn't that what miljonairs do?
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Right -
1. £50m to the local hospice that nursed both my mum and Mrs B's last husband in their final years.
2. £50m to Cancer Research.
3. £30m to the childrens' hospice that I used to live near.
4. Pay my dad's and brother's rents for the next 30 years.
5. Put enough into a pension fund (or similar) to provide for a very comfortable retirement.
6. Buy several modest houses near to Alder Hey Childrens' Hospital and make them available for families who have very sick children to use so that they can be near.
7. Ensure that Leyland Commercial Vehicle Museum is financially secure.
8. Do whatever is needed to Badwolf Towers - new kitchen, bathroom etc.
9. Make sure that all four kids are sorted for life.
10. New Jaguar XJ for me to play with.
11. Party, party, party!
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I would buy a small farm in North Yorkshire which would enable me to get on the electoral roll and increase William Hague's already enormous majority.
A proper farmyard with buildings would give me plenty of room to store and look after the inevitable Lotto garage.
Not that I would have very many cars, but I would want a Bentley convertible - just to see what it's like.
Being able to afford the right vehicle for the job would mean a Range Rover for the winter, and a large saloon to take out family and friends.
That would probably be an Alan Sugar-type Roller.
I might find both the Bentley and Roller too cumbersome, but I would want to find that out for myself.
I wouldn't be surprised if I sold both after a year or two and bought a Jaguar.
The farm would enable me to chug around on a tractor, and other big boys farming toys.
I would enjoy having enough money to maintain the land and buildings to a high standard, while at the same time offering employment/accommodation to a couple of families.
All the above would barely take up my first year's investment income - estimated by Coutts at £3m+ - which demonstrates £161m is a truly ridiculous sum for any individual.
Even adding extravagant gifts to family and friends would barely make a dent.
I think it was Bill Gates who commented he eats the same hamburger as anyone else.
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Well I certainly wouldn't bank it with Coutts.
>> estimated by
>> Coutts at £3m+ -
that's a ridiculous return on 161 million, I would expect 8 million per annum as a minimum.
Last edited by: Zero on Thu 14 Jul 11 at 08:15
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The capital sum is tax free, but any investment income from it is not.
I suspect the Coutts estimate was a conservative one and also after tax.
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Tax?
Nooo You dont pay tax when you have 161 million. See my Switzerland tip.
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...Nooo You dont pay tax when you have 161 million. See my Switzerland tip...
Really?
Personal experience talking?
Moving to a foreign country just to avoid a bit of tax which you can reasonably afford to pay is sad, and not something I would do.
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Rupert Murdoch pays NO personal taxation.
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...Rupert Murdoch pays NO personal taxation...
He doesn't live here, does he?
His tax position is a matter for him and the authorities where he is domiciled.
One thing's for sure, he's hardly low-profile, so can't be accused of hiding from anyone.
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>> ...Rupert Murdoch pays NO personal taxation...
>>
>> He doesn't live here, does he?
>>
>> His tax position is a matter for him and the authorities where he is domiciled.
Thats how he does it, he is domiciled nowhere. Anyway still doesn't excuse Coutts very poor idea of a decent return taxed or not.
Last edited by: Zero on Thu 14 Jul 11 at 08:51
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>>Thats how he does it, he is domiciled nowhere<<
Fiscal Nomad.
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...Anyway still doesn't excuse Coutts very poor idea of a decent return taxed or not...
I'm sure you know better than a bank which specialises in looking after high nett worth individuals.
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Its a branch of the Royal Bank of Scotland, and there are many more banks with many more High Net worth individuals, clearly because Coutts does not service its clients very well.
And as far as banking goes its not hard to know more than you clearly.
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...And as far as banking goes its not hard to know more than you clearly...
I am not relying on my knowledge, I'm relying on those who know.
You have no knowledge of how Coutts do their business.
Come to that, you have no reliable knowledge of Rupert Murdoch's tax position.
As usual, you are making bold statements purporting to be facts, but based on nothing.
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And you as usual are showing your lack of knowledge, you chose your current profession well.
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...And you as usual are showing your lack of knowledge, you chose your current profession well...
And as usual you are resorting to cheap, snidey, personal insults.
My profession teaches me to look for information from reliable sources.
So when it comes to banking, and a toss-up between you and Coutts, I know which source I prefer.
It may come as a surprise, but if it came to computing and the same two sources, I'd rely on you in preference to some bloke from a posh bank.
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The Epitaph of this thread should read:
And there lies above in the 12 posts made between 7.45 and 9.30 the reason why no-one else will bother posting on it.
If I were anywhere within distance I would bang the pair of your heads together.
I shall go and seek some adult company now.
Pat
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>> I shall go and seek some adult company now.
>>
>> Pat
You missed out "working class" in front of that adult company comment.
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Thankfully my 'working class' colleagues can maintain a discussion without resorting to insults and willy waving.
The first time it's funny....
On a daily basis it's simply tiresome.
Pat
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Tell you what iffy, put your daily mail down and so some educational research.
Find out if you could earn more than a return of 2.1% tax paid (which is what Coutts are claiming) in the UK.
Then come back and tell me Coutts are a reliable resource.
Last edited by: Zero on Thu 14 Jul 11 at 09:53
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With that sort of money you'd have to employ a business manager. I wouldn't trust any Bank with more than 85k of my money for obvious reasons - especially or even Coutts.
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>I'm sure you know better than a bank which specialises in looking after high nett worth individuals
>And as usual you are resorting to cheap, snidey, personal insults.
Iffy, you started it.
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Fixed rate bonds for 1 year give 3.5% which is £5.6 million.
I would of course buy a Ferrari 250GTO - £5 million gone.
A yacht (small) £20million.
Two mistresses and houses will account for the rest..
Last edited by: madf on Thu 14 Jul 11 at 08:40
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>> 5. Put enough into a pension fund (or similar) to provide for a very comfortable
>> retirement.
Nice one, Badwolf :-)
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>> None of their business as far as I'm aware as it's not earned income
>> and could be distributed as you wished.
If you die within 7 years of making your gift(s), they make it their business: IHT.
www.hmrc.gov.uk/inheritancetax/paying-iht/record-keeping.htm
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I have more or less everything I need now. Add cars and bikes that I have always wanted. Pay off my families life debts (mortgages and stundenty stuff) - settle them in whatever sort of gaff they want/need, employ the guy who used to work for me as a problem solver/driver/handyman etc. and send him on a plumbing course...(also his wife as cook and housekeeper, not sexist as this is her current profession). Gaffs as and where required, London, Tuscany etc. Pay for a few one off gigs from various musicians...and pay for a luxury weekend for C4P members.
Last edited by: R.P. on Thu 14 Jul 11 at 09:50
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£50m on a property portfolio to provide a rental income / relatively secure nest egg.
£25m in low risk / low return investments
£20m in high risk / high return investments
£50m to friends and family
£16m having the absolute time of my life. :-)
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Tell nobody, not even the cat. Wander in to my local private bank with the ticket. Tell them to appoint a firm of solicitors to redeem it. And make very small incremental changes to my lifestyle over a long period of time so that nobody would notice. And some donations to some favourite causes.
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>>>Tell nobody, not even the cat.
Yep best way.
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Why do people play lottery in the first place? If people have slight knowledge of probability theory, they will know it almost* impossible to win a substantial sum (let along jackpot) so in theory all contestants are spending the money to make someone multi-millionaire.
* = statistically it is never 0 because someone will win
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...because someone will win...
That's the point, the likelihood of you or I winning is tiny, but somebody wins every week.
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But that someone is not you or I! That's where the probability theory comes!
Last edited by: movilogo on Thu 14 Jul 11 at 12:17
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But it is the woman in our small rural town who won over £1 million!
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>> >>>Tell nobody, not even the cat.
>>
>> Yep best way.
>>
and avoid ....
tinyurl.com/6bxhcm5
tinyurl.com/6kqo75h
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I would keep quiet and then maybe claim that I had wine two or three million in one of the subsequent draws. Clear debts of relatives, friends etc.
Now this bit may surprise some, but I would not give a huge huge wad of cash to a charity like a Hospice. Part of what makes these places what they are is the feeling of rallying around and the effort need to raise the monies. I think it would rip the heart out of them if you came along and said theres twenty million for youre next 4 years running costs.
I would probably set up a pound matching scheme, every pound you raise, I will give two so that the drive is still there. Unless if course it was for a one off capital project, then that may be different.
There would be a fleet of new cars, would take the missus holiday after holiday, visit relatives in Oz and States etc.
I liked Daves idea of tracing folk from your past to give them a thank you but you would lose any anonymity soon.
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I can see why you'd not just want to give a load of money to a charity like a Hospice. Depending on how much it costs to run it and how generous you were, there would be a problem when the money run out.
Not to mention the charity shops would be redundant for a bit in many ways so jobs could be lost there.
I like the matching donations idea though and I guess that could be done anonymously too.
I would probably use most of the money to help good causes in the world (not just the UK). £161m is a serious amount of money.
I'd not buy a big house here (I like the one I have) and I've not buy a supercar or anything like that. Maybe something like an Abarth 500 and an Audi S5 Sportback. I would buy property in Greece and Tuscany though.
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I'd buy/build a heritage railway line and appoint myself Fat Controller.
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I would certainly give money to a hospice, but for a one-off project such as a major extension to provide more accommodation, rather than funding its day-to-day running costs.
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>> I would probably set up a pound matching scheme, every pound you raise, I will>> give two so that the drive is still there.
I like that idea, Bobby. Hadn't thought about the whole 'giving it to them on a plate' thing.
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www.bbc.co.uk/news/uk-14161661
£161m Euromillions winners are couple from Falkirk
They can afford to move somewhere nice now, down south say.
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Turns out they are actually from Largs.
Curious to find out why they went public. Wonder what The Camelot advice is? Go public and it's maybe more within your control?
Wonder if their phones have been hacked yet?
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I can't understand anybody going public with that huge amount, but perhaps they'll enjoy their celebrity status.
Good luck to them, I say.
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Perhaps the ones that keep it secret have more attempted kidnaps and hassle than the ones that have a more positive attitude?
It seems quite sad really that due to fear of scumbags people are not allowed to share news of good fortune. Also seems to be said a lot that people don't buy the car they want because they're afraid of it being stolen or damaged by jealous people. It's rather depressing that the country we live in seems to encourage people to hate any sign of luck or success that happens and wishes to deprive others of it unless it is within certain narrow parameters. You can be too successful or too lucky.
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Nice place Largs, always stayed there when I was working at a certain place nearby,
Always raining tho.
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Zero, did you partake in a fish supper or two from Nardinis cafe when you were there??
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I did partake in a fish supper down there, cant remember the name tho - it was on the main Greenock road.
Also consumed a good curry in Gourock.
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Crikey, Z, I think we're former colleagues* - although in ten years I never actually went to that Certain Place Near Largs. Stayed in Largs a few times, though - preferable to Irvine when I was visiting a customer there.
*I'll fall back on the "There are ten thousand of us, you know" defence I used at parties when pressed with the "Ah, you work at ***, so you must know Steve" line.
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>> Crikey, Z, I think we're former colleagues* -
In the valley?
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Well, not actually in it in my case, but I worked with the software that ran on the things they made there. None of yer Windows nonsense in them days.
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>> >>>Tell nobody, not even the cat.
>>
>> Yep best way.
Ive changed my mind as my luck changed today.
I had a letter from China but posted in the UK by the authors friend.
My namesake has tragically died intestate and I could share $25M + etc etc.
So what motors should I plan to buy ????
I cannot eat the letter so should I shread it ?
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Henry, why are you wasting time asking us? You need to get to the post office before closing time to send off your cheque to secure your share of the pot. Or have you gone for the low-risk option and emailed back your account details?
What's that? Nah, don't be silly - happy to help. Oh well, if you insist, mine's a pint.
}:---) D--|
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What would you do with 161 million? - Stuartli
