If you won £1,000,000 Friday

[Trommel]

WorAl said:

Think about it, £20k per year without a mortgage, loans or basically any outgoings, well very few, how far would that money go? I think you'd pretty much class yourself as retired. NICE.

You must be mental if you think that would provide anything remotely approaching a decent living, even for a single, dependent-free hermit.

[sleep envy]

Trommel said:

WorAl said:

Think about it, £20k per year without a mortgage, loans or basically any outgoings, well very few, how far would that money go? I think you'd pretty much class yourself as retired. NICE.

You must be mental if you think that would provide anything remotely approaching a decent living, even for a single, dependent-free hermit.

He does live up north. The cost of caves are in free fall.

[KingNothing]

I'd be taking a pay cut to have to live on £20k a year, living on less than I currently do (even without debt) after a lottery win isn't the life for me personally.

[Beefmeister]

£600k - House
£50k - 2nd hand Range Rover TDV8
£60k - 997 GT3
£15k - Mint 70's Jaguar XJ-C
£100k - family

Rest - invest wisely

[WorAl]

Trommel said:

You must be mental if you think that would provide anything remotely approaching a decent living, even for a single, dependent-free hermit.

I live an ok life now with less than that to take home every month AND I have car/loans/other payments every month to attend to. I know that with around £1700 a month spare cash to spend, I'd be pretty happy.

Take into account that you're quite easily get 3% return PA on your money you could quite easily add anothe £1k a month to that.

If you can't live happy on £2000+ per month to blow how you like there's something wrong or you're greedy.

Edited by WorAl on Thursday 17th May 15:28

[Trommel]

WorAl said:

If you can't live happy on £2000+ per month to blow how you like there's something wrong or you're greedy

Household and other bills, food, insurance and running the cars alone is going to make a hefty hole in that without even thinking about how much you'll "blow how you like" to occupy your days. And that's assuming you're single and childless.

[KingNothing]

It'll be £3k alone each year just for council tax on the house.

[Justayellowbadge]

Gonna keep those couple of cars forever?

Or you'll need to factor in a years money every 3 or 4 years to cover the cost of upgrading.

[LC926]

Trommel said:

WorAl said:

If you can't live happy on £2000+ per month to blow how you like there's something wrong or you're greedy

Household and other bills, food, insurance and running the cars alone is going to make a hefty hole in that without even thinking about how much you'll "blow how you like" to occupy your days. And that's assuming you're single and childless.

I agree with WorAl
After Mortgage £2000 is plenty and i am no hermit, Married with 2 teenage boys and live in a nice area with a reasonable lifestyle.

[housen]

plssssss i want to win!!!!!!

cant be arsed with work anymore !

need some sun

[Stedman]

Being mortgage free would set me up for life to be honest, but that's only because i'm quite young.

I'd be astute with it, and look at putting chunks towards deposits on properties etc etc. I'd still keep the Lolvo though

[Don Veloci]

Being bored over a lunch time and inspired by this thread I had a nosy at the properties websites and if I was doing the keeping the job thing I'd easily be accounting for £250K for the right place.
Idea being much closer to work for zero commuting costs.
I guess I could pay off the flat and set it up for rental income pocket money.

Plenty family members to help out too before I'd consider what would be left to play with.

[Pork]

LC926 said:

Trommel said:

WorAl said:

If you can't live happy on £2000+ per month to blow how you like there's something wrong or you're greedy

Household and other bills, food, insurance and running the cars alone is going to make a hefty hole in that without even thinking about how much you'll "blow how you like" to occupy your days. And that's assuming you're single and childless.

I agree with WorAl
After Mortgage £2000 is plenty and i am no hermit, Married with 2 teenage boys and live in a nice area with a reasonable lifestyle.

I remember talking about this with my brother and he related a story of a mate of a mate who won the Lotto (millions, but not tens of millions) and he'd apparently said how remarkable it was just how little money you need each month when your house and cars are all paid for.

[illmonkey]

Pork said:

LC926 said:

Trommel said:

WorAl said:

If you can't live happy on £2000+ per month to blow how you like there's something wrong or you're greedy

Household and other bills, food, insurance and running the cars alone is going to make a hefty hole in that without even thinking about how much you'll "blow how you like" to occupy your days. And that's assuming you're single and childless.

I agree with WorAl
After Mortgage £2000 is plenty and i am no hermit, Married with 2 teenage boys and live in a nice area with a reasonable lifestyle.

I remember talking about this with my brother and he related a story of a mate of a mate who won the Lotto (millions, but not tens of millions) and he'd apparently said how remarkable it was just how little money you need each month when your house and cars are all paid for.

Won millions? Sounds like he wasn't trying hard enough.

[anonymous-user]

well its friday..... when do the cheques arrive?

[PaperCut]

How many people are contributing to this thread? Because presumably we'll all be buying tickets? Would someone like to work out the chances of us winning as a collective group and if someone wins we all share the winnings?


I'll even share it with you lot if i win...no really, i will. Honest...

[illmonkey]

£12 into my online account.

2 euro millions bought.
Monopoly gold instant win played (I was the car, obviously). Won £2
2 more euro millions with £2 winnings.
Snakes and ladders. Won £2 again
£250,000 purple. bugger no win.
Monopoly (car again...). No win.

Well, £12 gone!

[Pork]

PaperCut said:

How many people are contributing to this thread? Because presumably we'll all be buying tickets? Would someone like to work out the chances of us winning as a collective group and if someone wins we all share the winnings?


I'll even share it with you lot if i win...no really, i will. Honest...

Wll, the odd of winning are not bad....but the odds of winning the jackpot are comedically high....c 116m-to-1

If everone on this thread (lets say there's 20 people) bought 2 tickets, that 40 tickets. 116,000,000:40.

So, 40 chances of winning, 115,999,960 of not winnning.

Still....you never know...

[CraigMST]

£350K house

£25k Audi RS4 in Sprint Blue.
http://pistonheads.co.uk/sales/3729641.htm

£50k Ferrari 360 obviously in Rosso Corsa.

£100k to my parents.
£10k to my fiancee's parents.
£10k each to my two younger brothers.
£20k on a holiday for a couple of months.
£200k to invest and then live off the ~£300k plus interest.

£1,000,000 isn't a hugeeeee life changer but it would definitely improve life without a shadow of a doubt.

[Burrow01]

CraigMST said:

£350K house

£25k Audi RS4 in Sprint Blue.
http://pistonheads.co.uk/sales/3729641.htm

£50k Ferrari 360 obviously in Rosso Corsa.

£100k to my parents.
£10k to my fiancee's parents.
£10k each to my two younger brothers.
£20k on a holiday for a couple of months.
£200k to invest and then live off the ~£300k plus interest.

£1,000,000 isn't a hugeeeee life changer but it would definitely improve life without a shadow of a doubt.

I think you left out the 50k wedding now that she is marrying a millionaire....