Euromillions

When does it become, someone must win?

They used to do it at about £160million but i think they now just leave it at £160mill and the additional money goes into the next jackpot, so when this one is won. You could have another 100mill the next week!
 
Pretty sure you'll be paying capital gains tax on that so:

275,000 x 0.72 = £198k

It wouldn't be Capital Gains (Cash is exempt from CGT for a start), it would just be taxed as income (savings)

So at that amount it would be the new 45% rate (no personal allowance either...oh noes!) so it would be:

Tax = 275,000 x 0.45 = £123,750
NI = calculation = £5,768

Total deductions : £129,518

Leaving only £145,482 / month to live on!!

So totally not worth it now :p
 
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