'At the end of the day I'm still Steve'

[rfisher]

Quote from the soon to realise how very, very, very wrong he is about that, latest £105mill lottery winner.

Has anyone done any actual studies of how these people do when compared with an equivalent group of lottery winners who kept the win quiet?

I know there was a thread recently on what all the PBD of PH would do, but I think Steve has been badly advised so far.

If you're reading this Steve, I suggest that you take a look at the PH thread.

Some of the contributors to that thread have direct experience of living with wealth, but probably not in the 100mill range.

[Baby Shark doo doo doo doo]

Not everyone changes as a result of a big win. Friend won a couple of million when the lottery first started and she was sensible with it. Bought a slightly nicer house, changed the car, had nicer holidays, started a home business she enjoyed that gave her a bit of income rather than slaving away for a pittance in a pub. I think the important thing she did was staying fairly quiet about it.

[rxe]

The first rule of lottery club is that no one talks about lottery club.

Take the money, stick it in the bank, and do nothing until you’ve absorbed the enormity of it.

And don’t tell anyone.

[greygoose]

rxe said:

The first rule of lottery club is that no one talks about lottery club.

Take the money, stick it in the bank, and do nothing until you’ve absorbed the enormity of it.

And don’t tell anyone.

Yes madness to go public about it.

[Big-Bo-Beep]

A contender for November's most presumptious and condescending thread.

Surely the only person that knows Steve better than anyone............ is Steve.

A neck is in dire need of winding in.

[Turn7]

I get the impression big winners are very pressured to public, with the moon on a stick promised as assistance.....

[pequod]

It was interesting to listen to his interview where he repeatedly referred to the big win as 'his'!

The missus is also named on the cheque so I would suggest there may be trouble ahead.

[menousername]

Big-Bo-Beep said:

A contender for November's most presumptious and condescending thread.

Surely the only person that knows Steve better than anyone............ is Steve.

A neck is in dire need of winding in.

I read the OP as meaning how he will have changed in the eyes of those around him, rather than how he will change as a person

And yes going public is a terrible idea

[Gecko1978]

I believe more than 70% spend it all within 10 years IIRC even very large sums. But anyone who does win I wish them well. It's very much like inherited wealth tends to be burned through rather than grown.

But again wish him all the best

[BoRED S2upid]

greygoose said:

rxe said:

The first rule of lottery club is that no one talks about lottery club.

Take the money, stick it in the bank, and do nothing until you’ve absorbed the enormity of it.

And don’t tell anyone.

Yes madness to go public about it.

This very very much this.

This guy is going to have to employ a team of administrators to answer the begging letters and security to move the homeless away from his front door. Or move to Monaco and blend in.

[gregs656]

Mad to go public. Not far from my home town.

I was just reading the other day about that guy who had a terrible reputation (ASBO Millionaire) or what ever who spent the lot over 10 years and now works in Scotland at a coal yard or something. Doesn't regret it and has his life back.

Not the first person I have read who says they have their life back after spending the lot.

I'd like to think it would be different if I won, not that I play often, but perhaps not.

[rfisher]

menousername said:

Big-Bo-Beep said:

A contender for November's most presumptious and condescending thread.

Surely the only person that knows Steve better than anyone............ is Steve.

A neck is in dire need of winding in.

I read the OP as meaning how he will have changed in the eyes of those around him, rather than how he will change as a person

And yes going public is a terrible idea

Just to clarify - I think that anyone would find suddenly having £105mill in the bank hard to handle.

I'm sure that Steve and his wife are lovely people, but I'm equally sure that they would find dealing with this life event much easier if they had refused the pressure to go public with it.

I actually think that real harm is likely to be done in many cases by going public, and the Lottery organisers should be forced to fund research into this aspect of their business.

My suggestion that Steve should have a read of the Euromillions thread was serious btw.