If you won £1,000,000 Friday

[Tuvra]

A guy near to me won the Euro Millions "raffle" before Xmas and scouped a cool £1m, he went running to the press bragging how he was going to buy a Gallardo, turn it in to £10m etc. Hes a shady character and has since been nicked for beating up his OH and carrying canabis etc.

Friday there will be 18 further millionaires made so I was chatting with SWMBO about it, shes asked "what would be the very first thing you would buy if you won £1m?" my instant response was "A £70k GTR, £30k X5 & £50k Audi RS6 and then a house for £625k, I would bank the rest and carry on as I was".


This stunned her, she couldn't get her head around the fact that I would spunk 15% of my win on cars and a further 62.5% on a house almost instantly, I went on to explain that I would have everything I wanted without any monthly repayments and my business would keep the remaining £225k ticking over (and hopefully growing) for the rest of our lives (we are 25 & 23). She explained that she thought I was a reckless show off?

Obviously it depends where you live in the country (£1m may not buy a house as above in some parts of the country), your lifestyle , family, time of life, savings, job, earnings, career etc. So if you did win "just" £1m, what would you do with it?

[Tuvra]

A lex said:

The main difference for me (and I imagine many others) would be the mortgage free lifestyle.

To be honest, the house above would be my choice of house right the way up to the point where I won £10m+, its only the car values that would rise if the win was larger

[Tuvra]

grumpy52 said:

As a customer was advised use £100k to put down as deposits on as many buy to let properties as poss .come time to retire whats the £100k going to be worth after 20-25 years 2-3 million ?

Unless you become accidentally dead...