[Finance] EuroMillions £105m won by Sussex couple

Weststander · Nov 25, 2019

What would you do with an obscene sum such as that?

I like to think that I’d set my family and some relatives up for life, paying off their mortgages. Would definitely travel more, seeing more of North America and Europe.

Leaving the bulk to be fed to charities over a long period of time. My choices - Shelter, cancer, wildlife, children, and the environment.

Not particularly bothered about flash cars at all.

vegster · Nov 25, 2019

Weststander said:
View attachment 117542

What would you do with an obscene sum such as that?

I like to think that I’d set my family and some relatives up for life, paying off their mortgages. Would definitely travel more, seeing more of North America and Europe.

Leaving the bulk to be fed to charities over a long period of time. My choices - Shelter, cancer, wildlife, children, and the environment.

Not particularly bothered about flash cars at all.

Use about 4 % immediately to get a nice place/pay off bills/set kids/family up and invest rest in one of them high interest accounts offshore and all the cash raised above inflation give to charities .

Weststander · Nov 25, 2019

vegster said:
Use about 4 % immediately to get a nice place/pay off bills/set kids/family up and invest rest in one of them high interest accounts offshore and all the cash raised above inflation give to charities .

Any particular charities or charitable areas that ‘appeal’ to you?

Nottseagull · Nov 25, 2019

Weststander said:
and some relatives

That sounds like a great way to alienate the rest and sow resentment throughout the family.

Weststander · Nov 25, 2019

Nottseagull said:
That sounds like a great way to alienate the rest and sow resentment throughout the family.

Families can be complicated - no contact with some at all, whilst some others will refuse the dosh being well off already.

dejavuatbtn · Nov 25, 2019

Spend it before labour get in.

Bry Nylon · Nov 25, 2019

Chichester?

It's going to be [MENTION=1721]Mr Putdown[/MENTION] isn't it? It just is, I know it.

:facepalm:

zefarelly · Nov 25, 2019

I'd buy Shoreham FC, Pay off my mortgage, maybe a guitar or two, and plot/finance the downfall of Tim Laughton, for the benefit of my fellow townsfolk.

vegster · Nov 25, 2019

Weststander said:
Any particular charities or charitable areas that ‘appeal’ to you?

I already give to Cancer Research and Practical Action, an overseas aid charity and have just set up another DD for The Trussell Trust chain of foodbanks. If I had more to give I would try to spread across a similar sort of range of aid and research.

Sorrel · Nov 25, 2019

vegster said:
I already give to Cancer Research and Practical Action, an overseas aid charity and have just set up another DD for The Trussell Trust chain of foodbanks. If I had more to give I would try to spread across a similar sort of range of aid and research.

Would you want oversight that the money was being spent wisely?

AmexRuislip · Nov 25, 2019

Bry Nylon said:
Chichester?

It's going to be [MENTION=1721]Mr Putdown[/MENTION] isn't it? It just is, I know it.

Doesn't he live in Christchurch

BN9 BHA · Nov 25, 2019

Congratulations to this couple from Chi :smile:

Bry Nylon · Nov 25, 2019

AmexRuislip said:
Doesn't he live in Christchurch

Oh yeah

Weststander · Nov 25, 2019

vegster said:
I already give to Cancer Research and Practical Action, an overseas aid charity and have just set up another DD for The Trussell Trust chain of foodbanks. If I had more to give I would try to spread across a similar sort of range of aid and research.

I support a fairly long list of charities, with some DD’s going back 30 years. I deal directly with the charities, to prevent middlemen taking a cut, even if that’s just for the first couple of years.

AmexRuislip · Nov 25, 2019

Bry Nylon said:
Oh yeah

I was chatting to him last year on NSC, when we took Mrs AR folks on holiday in Christchurch.
Telling us all about the area :lolol:

vegster · Nov 25, 2019

Sorrel said:
Would you want oversight that the money was being spent wisely?

I think the three charities I donate to are reasonably sound, if I was pushing them £100,000 a year each I would take a very careful look at their books. However, as we all know plenty goes on infrastructure etc.

BensGrandad · Nov 25, 2019

I dont know if it is true but I was once told that winners are told the biggest problem is their families security as they immediately become the targets of possible kidnappers for their children /grandchildren etc. If you had that amount of money and somebody took your grandson and held him for £1m ransom you would be tempted to just pay up.

vegster · Nov 25, 2019

Weststander said:
I support a fairly long list of charities, with some DD’s going back 30 years. I deal directly with the charities, to prevent middlemen taking a cut, even if that’s just for the first couple of years.

That's effectively what I do .

Is it PotG? · Nov 25, 2019

vegster said:
Use about 4 % immediately to get a nice place/pay off bills/set kids/family up and invest rest in one of them high interest accounts offshore and all the cash raised above inflation give to charities .

How about invest in Govt. Bonds etc helping the UK economy rather than moving it offshore in a tax avoidance scheme?

Weststander · Nov 25, 2019

BensGrandad said:
I dont know if it is true but I was once told that winners are told the biggest problem is their families security as they immediately become the targets of possible kidnappers for their children /grandchildren etc. If you had that amount of money and somebody took your grandson and held him for £1m ransom you would be tempted to just pay up.

Begging communications too, a lot of pressure applied from people in need, but also opportunists.

I’d opt for privacy, but can that really be maintained in ‘one’s’ locality?

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