Euromillions

[DaveyR]

Tonight's Euromillions lottery multiple rollover jackpot of £113 million has been won by one person.

Do you think that winning that amount of money would ruin your life? I used to think not but P and I were discussing this earlier and he asked me if I would still make friends and trust people as easily as I currently do. I had to say that the honest answer would be no. I would be very cautious of people's motives for befriending me. I'm totally happy and comfortable with who I am so in essence a win on that scale would spoil my life.

What are your opinions on this?

I understand in the US lottery wins are paid annually in instalments. Is my understanding correct? Is this an effort to make the win have a positive effect and reduce the impact of a huge win?

 

[Incocknito]

What's the numbers? Not checked my tickets yet :tongue:

I didn't even have one number.

I don't think a big win would affect me as I would keep the same circle of friends.

Some people in the UK squander their millions in a few years, that's probably why the US pays in installments.

 

[lucky8]

I'd probably trust people more...with that much money you don't really have much to worry about unless you're a complete idiot. I mean, that kind of money would last a lifetime. But I'm also the kind of person that thinks money is everything. Not because I'm greedy, but because money literally is everything: it's food, clothes, shelter, education, a first date, etc...without money life would and does suck...really bad. That being said, would looove to win the lottery...but I don't play so that will never happen.

In the US we have the option of yearly payments or all at once. But if you take it all at once, we're docked a heavy portion of our winnings. The reason for this is because the lottery is based off of projections about how many lotto tickets will be purchased. In other words they don't have it all so they would rather pay you for the rest of your life than in one lump sum.

 

[dandelion]

no, but maybe you already have a more affluent lifestyle than me? I would think the US pay in installments to effectively cut the actual amount you get. (or boost the headline figure, whichever way you like to look at it)

Though I think 1 million would be quite enough to provide the good effects of a big win. Money is a tool and like other tools you need to know how to use it well.

 

[Bbucko]

Tonight's Euromillions lottery multiple rollover jackpot of £113 million has been won by one person.

Do you think that winning that amount of money would ruin your life? I used to think not but P and I were discussing this earlier and he asked me if I would still make friends and trust people as easily as I currently do. I had to say that the honest answer would be no. I would be very cautious of people's motives for befriending me. I'm totally happy and comfortable with who I am so in essence a win on that scale would spoil my life.

What are your opinions on this?

I understand in the US lottery wins are paid annually in instalments. Is my understanding correct? Is this an effort to make the win have a positive effect and reduce the impact of a huge win?

I don't play the lottery in any fashion, but my ex did all the time. For him, it was the feeling of hope he got every time he played, though he spent a lot of money hoping :redface:

Payouts vary from game to game. Though there's no national lottery, most states have their own versions and there are several, large stakes multi-state games around. Some offer a choice of either one enormous payout or yearly installments. It's my understanding that the latter has certain tax advantages, though I don't know for sure.

Since my health isn't always so robust, I'd go with the lump-sum and live as largely as possible. If I honestly believed that I'd have another terrific thirty years then I'd probably choose otherwise, but I don't believe that I do.

 

[alx]

Winning that kinda money would be great, however the major things I really value in life are trust, and love.

Would I be able to trust new people that I meet, will I find a lover who loves me and not the lifestyle/money.

I think whilst I'm young I would go mental, pay for me and mates to live life to the max and have anything we want.

After 10 odd years id give me and them all a million or two to settle down with, live comfortably and enjoy life, start a family etc... The rest would go to charities.

 

[D_Gunther Snotpole]

Tonight's Euromillions lottery multiple rollover jackpot of £113 million has been won by one person.

Do you think that winning that amount of money would ruin your life?

At the moment, I'd certainly be willing to risk it.
I think it would really add to your life if you used it to do a lot of good.
You could help so many people without risking your own lifestyle at all.
(Depending of course on how large you decided to live; I wouldn't be living all that large, I don't think. But I would travel, would buy a condo instead of living in a small apartment, would use the free time I'd have to develop a number of skills, etc.)
I realize these are famous last words ... but I'd make it work.

 

[luka82]

If any of you fuckers win that lottery I want you to buy me a phone and a hooker!
I want an Android phone and I don`t want any little dicks!
I don`t open my mouth for anything under 8 inches! :flirt:

PS Ruin life, hell no! I`d own life with that money!

 

[flame boy]

I think that it's too much money for one person to win, honestly. If you work hard or have a job where money like that accumulates then it's easier to com to terms with. Imagine waking up today and knowing that yesterday your bank account had £276.43 in it and in a few days (or however long it takes to process the funds) you would have over one hundred million. I think that would totally change who you are.

Would I like to win the lottery? Hell yes. Would I want that much money? Hell no. I know if I won anything near that amount I would donate a lot of it to charity or give it to others. I think that people would come out of the woodwork if you won that sort of money, as long as you were wary that some people may not have good intentions I think you could get by. It would be tough to know who is legitimate but I don't know if my circle of friends would change that much due to money being won.

Oh I dunno, this makes my head hurt!

 

[luka82]

I believe people who were you friends would probably still be your friends. No need to change that, right? I`d give them money without asking them first!
I think I would be wary to new people in my life and probably douchey just to let people know I ain` t their "sugar mamma"

 

[superbot]

How hypocritical people become when some other lucky bugger wins and not them.Let whoever won it enjoy it in peace and stop all the pontificating.

 

[DaveyR]

How hypocritical people become when some other lucky bugger wins and not them.Let whoever won it enjoy it in peace and stop all the pontificating.

We're discussing whether or not a win that size would ruin your life. I don't think I have seen one post in this thread even mention the person who may have won it. I think you need to get a grip and lighten the fuck up.

 

[superbot]

We're discussing whether or not a win that size would ruin your life. I don't think I have seen one post in this thread even mention the person who may have won it. I think you need to get a grip and lighten the fuck up.

Really,who made you the headmaster foulmouth?!

 

[DaveyR]

Really,who made you the headmaster foulmouth?!

Very clever. You came into a thread and made some comments against posters and observations which were wrong.

 

[Xcuze]

I don't know if it would change me but Im willing to put it to the test.

Totally comes down to what your personality is. Some are wise with money some are not. Im a saver so Ive always had money in the bank as a safety net. But my sisters are complete opposite and spend soon as they get money. Always skint and borrowing.

I'd be worried if they won millions but it would be safe in my hands. I'd buy an amazing house to live in and also as an investment. Then live off the interest. I would be obsessed with the amount not shrinking I think. Very boring but just me.

 

[accemb]

It would be a double-edged sword, to use a cliche. Of course, the winner would have financial security for life... and the first phone call should be to his/her financial planner. However, CS makes a valid point with regards to making new friends and trusting people... "do they only like me for my money?".

Bottom line... it would be life changing for anyone winning such a large amount.