Everybody wants to win the lottery. We all like to dream. But once the dream is realized, what then? Just what are we going to spend all that money on? Well, if you are looking for ideas on how to spend your lottery millions then read on…
1. Throw a party!
Probably the first thing on everybody’s to-do list. I mean what’s the point of having all that lottery money if you don’t tell everybody about it right? The trick is to throw a party as soon after the lottery money is in the bank as possible. The reason for this is that you want to be able to reward all your extended family and friends before jealousy sets in.
It is also a good idea to get everybody you know all together in one place in one day so you are able to deal with all the loan requests and business propositions that are inevitably going to come your way. You may want to stay sober for this by the way!
2. Invest in Property
When deciding how to spend your lottery millions one of the first things in most people’s minds would be to invest in property.
David Beckham paid £27 million for his and Victoria’s house in Hertfordshire. Of course, you may want to pay a little less but it is likely that you’ll still want an upgrade from your two up two down in Bromley.
3. Buy yourself a luxury yacht
OK, so a house is nice and all, but nothing shows off your newfound wealth and power more than a spanking great boat. It has to be big, and it has to be Italian, and it certainly has to get you from Yarmouth to the south of France a couple of times a year.
4. Go on a world cruise
If buying yourself a yacht seems a tad excessive why not take yourself off on a world cruise? See everywhere worth seeing in 45 days. Cruises are a great way of eating too much, drinking too much, and over-indulging in every type of activity you can think of, and if the worst comes to the worst there are always plenty of doctors on board!
5. Journey to outer space
The great thing about having so much lottery money is that you get to indulge your fantasies. One fantasy that has gripped many a young boy, probably since time began is the thought of going into space.
Richard Branson, who knows a thing or two about indulging in fantasies, set up Virgin Galactic in 1999 to do just that, now, 17 years later his dreams are becoming close to reality. Whilst Virgin Galactic can’t promise you’ll come across space pirates or aliens or even Sigourney Weaver when she was really fit, they will one day soon (hopefully) be able to help you achieve the ultimate ambition for any human and take part in a sub-orbital space flight.
6. Give some lottery cash to a charity
Do you really need to give any of your lottery money to charity? The UK National Lottery gives 28p for every £1 to charity so why do you need to bother?
7. Set up a trust fund for your kids
When it comes to wealth management for lottery millionaires setting up a trust fund for your family’s future with your lottery millions is a great idea. Helping future generations to have a good start in life for such things as school fees, university costs, etc, and generally making sure they are taken care of when they are older (if they’re not already,) it’s the wise thing to do.
8. Invest in start-ups (become a dragon)
Set up your own dragons den and invest your lottery money in start-up companies (technology companies tend to do best). By helping other people achieve their dreams you will gain an enormous amount of satisfaction and when they float you will see tremendous dividends. Investing in people is a great way how to spend your lottery winnings.
9. Get a divorce!
Man to wife: “Start packing your bags, I’ve just won the lottery!”
Wife to man: “Oh wow! Where are we going!”
Man to wife: “Anywhere you like you’re leaving!”
Of all the things you could spend your lottery money on divorce will almost certainly end up being the most costly. It may not be the best way to spend your lottery winnings and to be honest if you really want to do all the other things on the list then this may not even be worth your while. However, with a million pounds in your bank account (or even half a million!) you are sure to get plenty of attention from the opposite sex so you probably need to consider it.
10. Buy a lottery ticket!
Sure, why not! You did it once you can do it again. If you went for option 9 you may have to!
The contents of this site including all blog articles and static pages are designed to be both fun and informative. Nothing in this blog is intended to show that taking part in any lottery will significantly change your life for the better nor should this be inferred.
