Is it too much? UK EuroMillions ticket-holder wins £111.7m

Well I don't care about the lottery anymore. After years of dutifully doing the same one line of numbers, two draws per week, and winning very little, I've binned the lottery and now sticking the £20 odd per month into my investment pot. It feels good.

I was early teens when the lottery came out in the UK and I swear the odds have steadily got worse over the years.

There was the introduction of winning a lucky dip, basically winning nothing.

Then they added an extra ball to the lotto draw.

Anyone remember the advert where the organiser (I think it was Camelot) basically implied: "More numbers, more chance of winning" which is obviously the opposite effect of introducing another ball?

Anyway good on John Travolta for winning the Euromillions draw, and good riddance to the lottery.
 
EvilRob said:
If historical trends continue you should be able to do way better than that. E.g. S&P 500 average return over last 50 years adjusted for inflation is 7%.
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Remember that you need to account for inflation and fees and the income you are taking.

Maccy said:
I’d stick the whole £185m in a 3% savings account and watch GD have a meltdown
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Currently inflation is 3.5% so you’d be losing money.
 
Hook, line and sinker.

But honestly, with that much money....if you are not buying yachts left right and centre, who cares about losing the difference, even if the difference is life changing money for some people. Think of it as charity money in the form of taxes. Live an comfortable ordinary life, anywhere you want, it will be more than enough for 10 lifetimes.
 
well I won £2.60 ( errrr yay) so it's rolled over again 199m next Tue so muggins here will obviously buy another ticket probs keep the same numbers
 
Maccy said:
I’d stick the whole £185m in a 3% savings account and watch GD have a meltdown
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Thats a lot of money to lose if only £85k is guaranteed.

But on a serious note. When I win nearly £200 Million on Tuesday. Apart from the obvious trip to Amari and the estate agents. A big portion of it would get spent pretty quick on high dividend returns stocks & Commercial property, Nobody needs to have that much liquidity.
I would also do some charity stuff, I wouldn't just give blindly to charities but would either set something up myself.
Oh an purchase Southport Pier and fix it...
 
My wife made a silly agreement if we won big. £1m or something of that sort each, whoever turns it into the most in a set time frame wins.

All I need to do is build a working time machine and invest in nVidia or Apple 20 years ago. Easy.
 
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For some, yes.

I genuinely believe that although I'd enjoy the money,
I would also do a lot of good with it, too. I'm looking forward to it. :D
 
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It would be nice to win that, Think about all the good causes that I would enjoy.
Id probably buy a few computers and give them to some of you guys.
 
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Well I bought another ticket out of my £2.60 winnings, set it to play the same numbers but it didn't, so ended up buying another ticket with the last numbers I couldn't bear the pain if they came up , ah well
 
moon man said:
Well I bought another ticket out of my £2.60 winnings, set it to play the same numbers but it didn't, so ended up buying another ticket with the last numbers I couldn't bear the pain if they came up , ah well
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That's how they get you, making people feel that you can't risk your usual numbers coming up and missing out.
 
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