Lottery - colleague just won big

Lottery - colleague just won big

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crofty1984

15,970 posts

206 months

Wednesday 24th December 2014
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geeks said:
vescaegg said:
Name begins with N?

I really hope he is happy. He was a top bloke. Fixed the rusted cills on my MX5 a couple of weeks before he won!
Yup that is most definitely him! He is still the same guy he has always been, had him looking over my E36 the other day looking at some arch work that needs doing. Still a top bloke, still happy to chat to his mates etc.
Not that I know him, but that's really nice to hear.

Rich_W

12,548 posts

214 months

Wednesday 24th December 2014
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re: Sorting out mates.

Few years ago I chose in my head 5 people (not related to me) that I'd hypothetically give at least £1M to in the event of a large win. Say £20M upwards.

Range from 8 to 18 years in terms of how long I've known them.

It's funny how things change. Despite not falling out with them (AFAIK!). I've only seen 1 of them face to face in the last 6 months. Spoken to 1 other in the last 6 months and one of the others wished me a Happy Birthday via Facebook this year. Other 2 have been conspicuous by their absence

Would have been pissed if I'd given them the money now laugh

J4CKO

41,853 posts

202 months

Wednesday 24th December 2014
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Number 5 said:
J4CKO said:
Number 5 said:
J4CKO said:
I would be very wary of going public, I won a car when I was 18 and mainly it was a very positive thing but I did get a bit of resentment of a couple of guys I worked with, nothing to overt, just overheard stuff and got the cold shoulder off one guy, that was just a car, so with several million you could never be sure of some peoples reactions or motives, apart from the people very close to you.
That's interesting, what car did you win?
Was 1988, MK2 Golf GTI 8 valve in black.

Was a Daily Mirror competition, Car a Day, ring up and name a car related song, had started a new job so was in charge of the post and the franking machine so I thought I may as well, forgot about it and then one day my dad comes in and throws me two letters, first was from the Driving Test people, I sent a cheque in for £15 for my test but it had gone up to £16.50 and they wanted the difference, second one was telling me I had won Day 1 of the Mirror Groups car a day competition, my prize being a Golf GTI with a full tank of fuel, took a few months for us to get it, picked it up from Smith Knight Fay in Stockport one day, my mum, dad brother and me, and my granddad, my grandma had just died so it was a bit of a fun distraction.

Anyway, my dad bought it off me and gave me his old (1969) Capri which I used when I passed my test a few months later, so I had eight grand in my pocket, enabled me to jack in my st job and go back to college to do Computer qualifications, I bought a Commodore Amiga and loads of bits for it, a £200 leather jacket, clothes, went on holiday and had a great time.

We weren't rich by any stretch so having a brand new Golf GTI was fantastic, my dad loved it, he had been saving for ages to buy a Capri 2.8 so this changed his plans.

I would say it changed the course of my life, came at the right time, not a huge amount but it enabled me to get into IT which means I earnt more than I otherwise would.

Anyway, my dad got his moneys worth and had the car for 14 years, then one day he gave it back to me, still very tidy apart from a bit of rust under the arch covers which I sorted, I ran it for a couple of years and sold it to a chap off Edition 32 (Dubbers site) and he did some modifications but it died due to rust a couple of years later, to be fair it lived until at least 2006, so it lasted a good 18 years.




The leather jacket was recycled by my wife into an Indiana Jones costume (inc bag) for my eldest when he was about 8, the bag is still around.


So, the point of the waffle, basically if you get a leg up, even a small one, make the most of it, enjoy it, don't waste it, make an investment in your future, you don't need mega millions to make a lot of difference, that eight grand, when I was on 32 quid a week as a YTS was like winning a million and to be honest at that age, several million may have done more harm than good, 8 grand was enough that I am still talking about it twenty odd years later.
Great story, I love things like that, I do however have a sense of deja vu now because I think I've asked you that question before. (apologies for that)

I know someone that won a Ford Focus by finding a blue envelope in a Walkers crisp packet circa 2002, I believe she is still running the car
No worries, I like telling it ! Derek (J4CKOS Mate on here) will be along to yawn at it, he has lived with it since 1988 !

I did buy a MK1 GTI a couple of years later, so we had black MK1 and MK2 Golf GTI's for a few years, Mk2 is the better by a mile but still love the MK1.

Fastpedeller

3,915 posts

148 months

Wednesday 24th December 2014
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northwest monkey said:
J4CKO said:
I would be very wary of going public, I won a car when I was 18 and mainly it was a very positive thing but I did get a bit of resentment of a couple of guys I worked with, nothing to overt, just overheard stuff and got the cold shoulder off one guy, that was just a car, so with several million you could never be sure of some peoples reactions or motives, apart from the people very close to you.
I can well believe that. I used to work for a big company and we had a 6-month long competition where if you hit certain sales targets for a particular day then you won a raffle ticket. At the Christmas party, the raffle was pulled & prizes were given out. Top prize was a Ford Focus & my mate won it. I was made up for her as most people were, but fk me there were some bhy and nasty comments made about her.

For those who'd like to know, she didn't actually keep the Focus but did a deal with the Ford garage for them to keep "her" car and give her a year old Puma instead.
Strange how people react like that - would they expect others to react that way if the boot was on the other foot? (as the expression goes). A pal of mine said 'you're lucky like that'(not in a bad way though) when I won a prize from one of the Classic Car mags last Christmas. I asked him if he ever entered competitions and he said "No, 'cos I never win" rofl Oh, BTW my prize was...... A folding bucket!

Buster73

5,088 posts

155 months

Wednesday 24th December 2014
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My wife got four numbers a few months back and ended up getting less than those with three numbers , £15 instead of £25 iirc.

I knew a bloke that won about £300k about ten years ago then a few months later he won about £200k which was a first I believe at the time.

Also a relatively wealthy bloke round here won £4.5m , the local upmarket car dealer must have loved him the amount of cars he bought , but interestingly enough I was told later by one of his employees that he'd lost over £150 k in trade in values in a few years on the cars he bought then pxed.

His money , his choice.

Matt UK

17,807 posts

202 months

Wednesday 24th December 2014
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If I won big nobody would ever know.

Nobody would ever find out either and just assume / be told "business is brisk". It helps that friends/family don't really understand what I do now and are aware I've had good and not so good spells.

It wouldn't change things in a significant way, just allow us to make some choices regarding how we spent our time.

My only nagging concern would be some snitch in the banking system who had visibility as part of their job. I think I'd have to ask the national lottery to work with me on supplying smaller amounts, possibly over time so that no one party ever saw a significant amount.
It would all be hived off into many pots in many places under many guises so none would look particularly 'news-worthy' in isolation.

I'm not sure if they would help with that on not? I'm not banking on it happening, so I guess I'll sleep easy not knowing the finer details of my plan..

RobinBanks

17,540 posts

181 months

Wednesday 24th December 2014
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Matt UK said:
If I won big nobody would ever know.

Nobody would ever find out either and just assume / be told "business is brisk". It helps that friends/family don't really understand what I do now and are aware I've had good and not so good spells.

It wouldn't change things in a significant way, just allow us to make some choices regarding how we spent our time.

My only nagging concern would be some snitch in the banking system who had visibility as part of their job. I think I'd have to ask the national lottery to work with me on supplying smaller amounts, possibly over time so that no one party ever saw a significant amount.
It would all be hived off into many pots in many places under many guises so none would look particularly 'news-worthy' in isolation.

I'm not sure if they would help with that on not? I'm not banking on it happening, so I guess I'll sleep easy not knowing the finer details of my plan..
I'm pretty sure that they offer it in allowance form and they also offer financial advice and investment advice. I was told that anyway.

TwigtheWonderkid

43,824 posts

152 months

Wednesday 24th December 2014
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Matt UK said:
If I won big nobody would ever know.


My only nagging concern would be some snitch in the banking system who had visibility as part of their job.
I wouldn't worry. Camelot work with banks like Coutts and for the staff handling your win, amounts of £100m or less would barely raise an eyebrow. No one at the bank would be remotely fussed about your measley £10m.

onyx39

11,148 posts

152 months

Wednesday 24th December 2014
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vescaegg said:
geeks said:
I think we know the same person, I might know him better from the sounds of things, he is pretty happy as it goes, rumors are interesting things.. I think some people just hope he isn't happy..
Name begins with N?

I really hope he is happy. He was a top bloke. Fixed the rusted cills on my MX5 a couple of weeks before he won!
If his dad owns an F type, he was discussed on here when he won it, with the question as to whether he was Ph'er

DeuxCentCinq

14,180 posts

184 months

Wednesday 24th December 2014
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I'm fairly confident I could "hide" even a significant win from most people. I'd change my job to run a small rental property business, extend this house nicely, then in a few years when the kids are old enough for boarding school, move to a country pile and claim it's all on the proceeds of the rentals.

My car choices wouldn't be too hard to justify either - I'd just multiply the number of old French sheds around here. The only pricey stuff I'd be interested in would be some of the Group B homologation cars from the 80s. I think I could keep an RS200, 205 T16 and Metro 6R4 in storage somewhere for occasional weekends.

I guess what would be harder to conceal would be the generosity. I'd want to pay off my parents' mortgage so my Dad could retire, put an Aston and a Jag on his drive and generally let him and my mum live the life of luxury he's worked so hard to earn all these years. I'd pay off my siblings mortgages as well, helping them to move to somewhere nicer if they wanted, and a car of their choice of course. I guess someone would work it out from all that though, and you'd get family you've not heard of for years asking for a slice.

Moonhawk

10,730 posts

221 months

Thursday 25th December 2014
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TwigtheWonderkid said:
Buy 4 in 1 week and whilst the first ticket is covering 14m possibilities, the 2nd is only covering 13,999,999 possibilities because you've already covered 1, the 3rd 13,999,998 because 2 are already covered and the 4th 13,999,997 as 3 are already covered.
Your overall chances of winning if you buy 4 tickets for the same draw are 14m/4 or ~1 in 3,500,000.

Silent1

19,761 posts

237 months

Thursday 25th December 2014
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Moonhawk said:
TwigtheWonderkid said:
Buy 4 in 1 week and whilst the first ticket is covering 14m possibilities, the 2nd is only covering 13,999,999 possibilities because you've already covered 1, the 3rd 13,999,998 because 2 are already covered and the 4th 13,999,997 as 3 are already covered.
Your overall chances of winning if you buy 4 tickets for the same draw are 14m/4 or ~1 in 3,500,000.
no, here's why:
http://www.british-gazette.co.uk/what-are-the-chan...

DeuxCentCinq

14,180 posts

184 months

Thursday 25th December 2014
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Silent1 said:
The comments on that article are hilarious.

trashbat

6,007 posts

155 months

Thursday 25th December 2014
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DeuxCentCinq said:
Silent1 said:
The comments on that article are hilarious.
The article is wrong - the comments by Derek are correct.

Captainawesome

1,817 posts

165 months

Thursday 25th December 2014
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I won a million 2 years ago today and am as mniserable as sin. My wife (who I recently separated from) says winning it was tghe worst thing that ever happened to us and she wishes it had never happened.

It's not all it's cracked up to be and it's true, money can't buy happiness.

mikerons88

239 posts

115 months

Thursday 25th December 2014
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Captainawesome said:
I won a million 2 years ago today and am as mniserable as sin. My wife (who I recently separated from) says winning it was tghe worst thing that ever happened to us and she wishes it had never happened.

It's not all it's cracked up to be and it's true, money can't buy happiness.
Sorry to hear that...couple of important factors though:
Current relationship strength
How you use the money/your time after the win.

rambo19

2,753 posts

139 months

Thursday 25th December 2014
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Captainawesome said:
I won a million 2 years ago today and am as mniserable as sin. My wife (who I recently separated from) says winning it was tghe worst thing that ever happened to us and she wishes it had never happened.

It's not all it's cracked up to be and it's true, money can't buy happiness.
Don't take this the wrong way, but your marriage was on it's way out before the win.


onyx39

11,148 posts

152 months

Thursday 25th December 2014
quotequote all
Captainawesome said:
I won a million 2 years ago today and am as mniserable as sin. My wife (who I recently separated from) says winning it was tghe worst thing that ever happened to us and she wishes it had never happened.

It's not all it's cracked up to be and it's true, money can't buy happiness.
What's your postal address please, I'm just off to write a begging letter..
smile

Moonhawk

10,730 posts

221 months

Thursday 25th December 2014
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Silent1 said:
That article is wrong.

The stats that article is describing is more like a raffle.

If you hold 2 tickets and the raffle is drawn - the first time it is drawn you have a 1 in 14m chance of winning. If your ticket doesn't come up - the raffle is drawn again - but since the first ticket drawn has now been eliminated - you now have a 1 in 14m-1 chance to win. For each ticket you hold - the odds are reduced by 1 every time the raffle is drawn.

Since the lottery is only drawn once and you hold multiple tickets for that particular draw - the best analogy for it is the simple roll of a dice.

Look at it like this. You have a six sided dice and get to choose one number (say 4). You roll the dice. The odds of your number coming up are 1 in 6.

Now if you are allowed to choose two numbers from the dice (say 4 and 5) - the chances of one of your numbers coming up are now 2 in 6. You have doubled the chance that when the dice is thrown - one of the numbers you have chosen will come up.

The way that article describes this scenario - your odds would be 1 in 6 for the first number then 1 in 5 for the second. That is patently incorrect.

The lottery is essentially a 14m sided dice - with each side displaying a combination of 6 numbers. If you chose one set of 6 numbers - your chances are 1 in 14m. If you choose two sets of 6 numbers your chances of winning is 2 in 14m or 1 in 7m.

This scales up - so for example if you bought 7m lottery tickets - your chances of winning are 7m in 14m or 1 in 2 (50%).

The maths behind this is described in detail here:

http://mathforum.org/dr.math/faq/faq.prob.world.ht...

Edited by Moonhawk on Thursday 25th December 10:24


Edited by Moonhawk on Thursday 25th December 10:25

MissChief

7,163 posts

170 months

Thursday 25th December 2014
quotequote all
Moonhawk said:
That article is wrong.

The stats that article is describing is more like a raffle.

If you hold 2 tickets and the raffle is drawn - the first time it is drawn you have a 1 in 14m chance of winning. If your ticket doesn't come up - the raffle is drawn again - but since the first ticket drawn has now been eliminated - you now have a 1 in 14m-1 chance to win. For each ticket you hold - the odds are reduced by 1 every time the raffle is drawn.

Since the lottery is only drawn once and you hold multiple tickets for that particular draw - the best analogy for it is the simple roll of a dice.

Look at it like this. You have a six sided dice and get to choose one number (say 4). You roll the dice. The odds of your number coming up are 1 in 6.

Now if you are allowed to choose two numbers from the dice (say 4 and 5) - the chances of one of your numbers coming up are now 2 in 6. You have doubled the chance that when the dice is thrown - one of the numbers you have chosen will come up.

The way that article describes this scenario - your odds would be 1 in 6 for the first number then 1 in 5 for the second. That is patently incorrect.

The lottery is essentially a 14m sided dice - with each side displaying a combination of 6 numbers. If you chose one set of 6 numbers - your chances are 1 in 14m. If you choose two sets of 6 numbers your chances of winning is 2 in 14m or 1 in 7m.

This scales up - so for example if you bought 7m lottery tickets - your chances of winning are 7m in 14m or 1 in 2 (50%).

The maths behind this is described in detail here:

http://mathforum.org/dr.math/faq/faq.prob.world.ht...

Edited by Moonhawk on Thursday 25th December 10:24


Edited by Moonhawk on Thursday 25th December 10:25
So if you were to buy £7m worth of tickets, if you didn't win the jackpot but did win a lot of other prizes, what chance if breaking even?