I’d give most of it away. I might buy a bigger house. I’d just like to retire, travel and live a normal life.
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My list
Nice country house with garage space for 8 cars
8 rare / fun / luxury / old cars for fill above garage ( I have one already, my VW splitty ), daily normal cars can be parked outside
House down the coast, either cornwall or devon very close ( walking if poss ) to a surf beach
Nice place in Orlando / Walt disney world, google golden oaks disney for what i am after
pay off 2 mates mortgages
Setup a ex MOD homeless charity, with the idea to buy unused buildings and convert them to community homes for them with space to work
thats it folks
I’d give most of it away. I might buy a bigger house. I’d just like to retire, travel and live a normal life.
If you give immediate family say £1mio each and then say £100k each to 20 close friends you’ll probably only spent around 8 to 10mio of your new found fortune but would people be happy for you and grateful for your generosity or jealous andthink you’re tight because you could give them more
They say once you become super wealthy you can only socialise with other super wealthy people. Still it’s not something any of us really need to worry about
I work with and around a lot of super-wealthy people. They're weird. They have weird priorities. Their houses/apartments are weird (as if no one really lives there) And they do weird stuff. They're rude and entitled. I don't want to be like them. I'd 100% continue to socialize as I do now. I'd do the same things that I do now. I'd just pick up the tab. And entertain with top-shelf food and beverages and ubers all-round.
I'd buy Cardiff City and play myself every week..
Thing is, 20 years ago it would have been a legitimate option. Back then, £3m bought you the club/settled its debts and another £3-5m would have got it promoted. So even if you won £17m, there may have been some sense in buying the club. If you won £170m today, it wouldn't be enough to bump the club up to the next level. The problem with football inflation is that fewer and fewer people can afford to get involved now. Look at the Championship: I think there are at least 6 billionaires; at least another 10 whos owners have more than half a billion... are there any that have less than £170m? The guy who owns Brentford maybe; Luton; Swansea (?)... and that's it isn't it? You would be a small player in the championship even with that sort of cash. In the premier league they are all billionaires except Norwich, Watford, Burnley and Bournemouth.
Football clubs are really a plaything for the world's billionaires now. Sad.
EDIT: Add the Blades to the list of EPL clubs that aren't owned by a billionaire. And Brighton. Not sure that a poker player can really have £1bn, and even if he does it is presumably a tool of his trade rather than banked cash!
Its too much really.
I would not tell anyone tell my friends im in financial difficulty and ask.if can borrow some money. Thoss that help will get plenty back.
Id buy a big plot of.land and put about 20 houses in there family close friends etc. All basically rent free properties so i can turf them out.
Get myself in best physical condition and see how much it costs to get a couple of apperances for City just to get the experience. Only non important games etc the odd sub apperance.
Id be on penalties.
It would be easy to spend all or any amount of £170m. There's several London properties on Rightmove going for £60m each. Thousands of acres of prime land are available all over for vast sums. They're miles better safeguards than the funds sitting in bank accounts because if and when the next 2008-like crisis happens it won't be governments bailing out banks but their own shareholders and depositors who will be bailed-in. And as already mentioned, hyperinflation could reduce the purchasing power of £170m all the way down to its intrinsic value, which is nil. The same applies to all currencies.
I read that you normally don't get a lump sum of the winnings. You can either take a lump sum of about half, or take a regular 'salary' of the full amount over many years.
Quite smart as with inflation it makes it cheaper for them to pay you as time goes on. Sorry to mess with everyone's fantasies.
It’s paid in full
As soon as the winning ticket is verified and the ID of the winner confirmed, the Lottery can pay the winner their money on that very day. However, once the money is paid into an elected bank account, it takes two days for the money to process before it can be withdrawn. This means that the longest you have to wait before getting the money is around three days between discovering you’ve won the lottery and actually being able to spend the cash.
Read more: https://metro.co.uk/2019/10/01/what-...0/?ito=cbshare