Euromillions

Even if you bought a million pound house surely you'd also buy other property which you'd rent out so you'd be able to manage any upkeep from the made from the other property.

Yes, it does involve doing some legwork and keeping on top of your investments but nobody said winning is all about sitting back in a deck chair for the rest of your life :p That would be incredibly boring!

That's one example anyway.
 
a million £ house? dude, now these days you can get 2012 new houses 5 bed for the price of £600k,
 
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mrk said:
Even if you bought a million pound house surely you'd also buy other property which you'd rent out so you'd be able to manage any upkeep from the made from the other property.
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I personally wouldn't, I'd just live off the interest from a high interest account. A million in a 4% account for example would net you £40k a year (minus taxes of course) which I could easily live off considering you'd have no mortgage or rent to pay as well.

What's better is that interest compounds too, so if I only spent 20k in the first year, I'd earn an even higher base amount next year. far less risky and more consistent than the property market IMO where you can have long periods of non-occupancy where nothing is coming in, houses prices (and therefore rents) falling as they are now for example etc etc.
 
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Starting up a company would be the most rewarding thing, could be a benevolent dictator (with all profits after expansion/investments being shared equally - even to the cleaners) - my own little social experiment :D.
 
Top fuel drag car

That's a good point, with that much money I could get into America, but would I need to go, 100m+ would buy a lot of land in England.
 
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simulatorman said:
I'd keep a luxury apartment in town but would be moving somewhere warmer.
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I think I would do the opposite. Main residence somewhere leafy in London. Maybe even in Belgravia on one of the quieter roads. Probably Regents Park, St Johns Wood or somewhere like that.

Not sure if I would want to buy property overseas as I would like to think I would travel a lot, so luxury hotels make more sense.

I would like a nice Chalet in Val D'Isere to call my own though. Just let your mates use it as they wish.
 
Spenty said:
The question is why would you be living in England if you had a decent win lol :p
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Because of friends/family but mainly culture and TV I can understand. I lived for a bit in a beautiful part of Sweden, lots of fields, wild deer roaming about etc but after a while you miss things like English TV and I started to find myself more and more on the internet looking up events from back home.

England is a beautiful country, you only have to get in a plane and look down to see that, you just need to live in the right area.

And I'm not a big lover of hot countries anyway, great for holidays and I'd probably buy a villa in one so I could go over a few times a year but I couldn't live in hot weather all year round.

For me there is a difference between beautiful weather and just hot weather. Spain in mid-July is beautiful weather, Dubai in August is just hot.
 
Moses said:
I'd have my main house in the UK, I think. It's really not as bad as people make out!

Then I'd holiday everywhere else, or perhaps look at buying in a couple of places. Having more than two or three places for personal use would just be a horrendous waste of money, though (unless they were let out when not in use).
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I'm not saying the UK is bad, I love my country but after living here 21 years I'd like to experience living in Ibiza or something and going crazy for a few years, then settle down in southern france or something.
 
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