Soldato
So, let's say tomorrow you win the lotto rollover (£42mil), yea sure, you pay off debts, buy a nice car, nice house. If you're tight like me, hand out a mil to both parents and half a mil to my sister (if I'm feeling generous).
So, let's say I'm left with £30 mil after having my initial splash out as do you. What would you do with said £30 mil?
Where would one invest such an amount? How would you even go about investing in? So many areas to put it into, and let's say you get a very low but realistic 1.5% growth on it per year. That's still £450,000. Does tax play a part in this? It's not earn't money, it's simply investment. So you could give your self an insane £37,500 a month! Which obviously is stupid, considering you initially paid off all debts, bought a car and bought a house outright at the start. I'd still work as I would not want to go insane. So I'd only take £10,000 a month personally which is more than enough to live comfortably in my opinion.
I don't have children by the way, so lets assume you don't either.
Just baffles me how those who win the lottery run out of money... Oh, I'm no finance guy, so my 1.5% is probably way off, as is my assumption of tax. Who knows!
So, let's say I'm left with £30 mil after having my initial splash out as do you. What would you do with said £30 mil?
Where would one invest such an amount? How would you even go about investing in? So many areas to put it into, and let's say you get a very low but realistic 1.5% growth on it per year. That's still £450,000. Does tax play a part in this? It's not earn't money, it's simply investment. So you could give your self an insane £37,500 a month! Which obviously is stupid, considering you initially paid off all debts, bought a car and bought a house outright at the start. I'd still work as I would not want to go insane. So I'd only take £10,000 a month personally which is more than enough to live comfortably in my opinion.
I don't have children by the way, so lets assume you don't either.
Just baffles me how those who win the lottery run out of money... Oh, I'm no finance guy, so my 1.5% is probably way off, as is my assumption of tax. Who knows!