So you've just won £168million. What do you do?

[CustardOnChips]

I know this is PH so will be pocket money for most. Coke, hookers, waste the rest etc.

But, what if you are a normal middle class person? Kidds happy in decent schools. Good friends from a range of backgrounds that you play 5 aside with and go for a beer once a week.

This sort of money is clearly ife changing and would have a serious effect on you one way or another.

Does the Lottery provide financial advice. I can't imagine going public would be sensible. Could you pay the winings into a trust to avoid it being in your name?

I'd like to think I'd play the long game and make it look like I had started a business that over a loner period of time has become successfull.

But then I'd like to think I'd help family and friends out in some way. Maybe buy up some of the local land that developers are trying to build on. Build new sports facilities in my village. But I wouldn't want it to be public knowladge it was me.

[vixen1700]

Place in Southern France, garage full of cool old cars, sort friends and family out.

Enjoy each day with no stress and give to worthy causes.

Not difficult really.

[Jinx]

Just the usual things:

Island lair, huge death ray, minions, plans for world domination.....

That sort of thing.

[louiebaby]

Go out for a ride on my bike to clear my head.

[Dibble]

vixen1700 said:

Place in Southern France, garage full of cool old cars, sort friends and family out.

Enjoy each day with no stress and give to worthy causes.

Not difficult really.

Pretty much this, although I’d head to Scandinavia. Northern Sweden, probably. But with that kind of dosh, you could easily have several “main” places, and/or rather comfortable pieds à terre, wherever you wanted.

I’d also get my pilot’s licence, both fixed and rotary wing. Would I bother buying a smallish jet? I’m not sure. I think for anything long distance, I’d just spend the money on first class commercial flights.

In fact, while I’m thinking about it, I’d have places in rural Sweden, Stockholm, Copenhagen, Toronto, Vancouver, Colorado, New England, New Zealand, Melbourne, France, Germany and Spain. I think that’d do for starters.

[alorotom]

Camelot do provide a degree of sensible, formal legal and financial advice. A friend used to do this role for them for the north of England (it’s subcontracted to a large financial and legal house)

I would want to try and sit on it for a few months and let it sink in. Poss do a 6mth cruise to allow this and then try and figure out where we want to live and how it’ll work with our daughter and school/tutors (she is 5).

I wouldn’t want to buy anything major (I.e. over about £200k) but as an exception would settle the mortgage etc...

[LeighW]

vixen1700 said:

Place in Southern France, garage full of cool old cars, sort friends and family out.

Enjoy each day with no stress and give to worthy causes.

Not difficult really.

Agree with this. Except for the France bit.

[dibblecorse]

louiebaby said:

Go out for a ride on my bike to clear my head.

Sounds dangerous now you are worth 168m quid !!!!

In seriousness what I mean by that is I really enjoy trackdays on the motorbike and I've also daydreamed about a big lottery win and I do sometimes wonder if being that wealthy makes simple things like trackdays harder to enjoy because should the worst happen you have wasted an opportunity to live a very privileged life, or does not doing those risker things mean you may be reacher but enjoy life less, its areal conundrum for me.

I have however agreed with my wife who loves to travel that we would sponsor a Moto2 or 3 team and follow the MotoGP circus around the world for a whole season enjoying full hospitality and paddock passes everywhere

[anonymous-user]

Be nice to start a charity, maybe invest a start ups as well. Always wanted a resturant. Not too fussed on big houses and cars, would probably travel for a few years.

Would give most of it away i think.

[GAjon]

Become suspicious of everyone you ever meet again in your entire life.

Also , become extremely attractive and interesting overnight.

[TartanPaint]

There was a famous post on Reddit about this a while back... I found it interesting reading.

https://www.reddit.com/r/AskReddit/comments/24vo34...

[Tuna]

I think that sort of money would be quite hard to reconcile with your 'normal' life. I'd mitigate it with:

• Some serious philanthropy - run through a company, with a manager/advisor to handle it. That way 'good works' can be done without it being seen as coming from you.
• A business or social enterprise, so you still have goals and challenges, and some structure to your life
• Trusts for family members, but no big payouts to avoid those going off the rail moments - pay for their education, housing, but not lump sums
• Property investment. Both as a long term way to maintain your funds, but also as 'safe spaces' away from your normal life where you can enjoy your wealth. I'd have a city apartment, sunshine villa and ski chalet at the drop of a hat, at a quality destination with a decent garage at each.
• A personal assistant to manage all this stuff, and take away the normal distractions so you can spend time on the things that matter to you
• Angel investment - I'm a natural builder, so I'd love to help more businesses get off the ground and create something good

The indulgent stuff would be a decent local restaurant (they struggle around here) and possibly invest in a health/spa business.

Then it comes down to being able to enjoy it. I'd want to keep myself fit and healthy, and would go on courses for stuff like photography - things that I find hard to fit into a busy 'paying the bills' lifestyle.

Edited by Tuna on Friday 20th September 14:13

[MKnight702]

LeighW said:

vixen1700 said:

Place in Southern France, garage full of cool old cars, sort friends and family out.

Enjoy each day with no stress and give to worthy causes.

Not difficult really.

Agree with this. Except for the France bit.

You haven't given it much thought. You have a bunch of good friends at home, presumably close to where you live and you think that the first thing you should do is move 100s of miles away, to a country where you know nobody and probably won't speak the language fluently (in some cases if at all). Then you plan to sit by your pool and gaze at the wonderful view. What about the second day, what are you going to do then? Boredom will set in very quickly, you will have nobody that you can contact and arrange a quick blat round the countryside for the afternoon, yes you may have a fleet of Pagani's finest but not having friends on hand to share the experience will get old very quickly. Also, making new friends in the new country when they know you have won big, how do you think that will go? Plus, going on holiday to somewhere nice is completely different to living there.

Me, I think keep it quiet, build a nice house near to where I live now so I keep the same friends, have a nice place in France near an airfield for nice weekends away, maybe take some friends with me. Give up working full time and start looking for a part time job doing something that I will enjoy but have zero stress, I think that most people are geared up mentally to work, take that away from them and it can all go horribly wrong (look at the cases of people who retire and die within weeks). Sort out the kids with a reasonable level of income (inflation linked) that means that they can work doing whatever interests them and don't have to worry that it won't pay the bills but that won't enable them to have too good a standard of living without working. Travel more and enjoy my hobbies more, learn new things etc.

[Pothole]

Pay off mortgages for family and friends. Larger house in a pleasant area with onsite vehicle storage (like Harry's Garage). I had this idea for a shower truck for homeless people. Big tanks and heaters to provide hot showers for people living on the street. Facilities for us to wash their clothes/bedding etc while they get clean, get haircuts, mani/.pedi etc. could make it national/ global...

[vtecyo]

Mansion and a Zonda within a week.

Then whatever.

[bunchofkeys]

Probably put £20 on the lottery, instead of £10 going forwards.

[Freakuk]

dibblecorse said:

Sounds dangerous now you are worth 168m quid !!!!

In seriousness what I mean by that is I really enjoy trackdays on the motorbike and I've also daydreamed about a big lottery win and I do sometimes wonder if being that wealthy makes simple things like trackdays harder to enjoy because should the worst happen you have wasted an opportunity to live a very privileged life, or does not doing those risker things mean you may be reacher but enjoy life less, its areal conundrum for me.

I have however agreed with my wife who loves to travel that we would sponsor a Moto2 or 3 team and follow the MotoGP circus around the world for a whole season enjoying full hospitality and paddock passes everywhere

And your mates to come along also

[CrunkleFloop]

I would sort out any family money concerns, buy a nice house with a large barn for a carefully chosen collection of cars/bikes, put £10m into a family investment trust and and with the remaining £140m+ setup a non-profit research facility dedicated to finding cures for parkinson's, cancer, Alzheimers, MS etc.

[anonymous-user]

Property investment there are student flat rentals, that are new builds , 10-20 million with a few to choose from seems a good investment package.

One thing I've learnt from films, is take at least 5 million, cash convert to gold maybe even BTC, and hide it in the woods or a safe deposit box, so when you lose the rest you have something left.

[funkyrobot]

I'd take a car out on PCP. Just to see what all the fuss is about.