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£4 million is the new £1 million
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My first wife was worth $5million American dollars, it didn't change my life much as we lived within our means and ignored what she was worth in assets.It's far too much money for one person and it would bring its own set of problems, you're wide open for blackmail, extortion and it would be hard to gauge what anyone's motives are.
Why not make 50 millionaires or give 100 people £500k? That's a life changing amount for pretty much everyone and is a far more manageable.
Well that’s blown a hole in my planHow could they do that in a randomly drawn lottery though ?
Are you saying £500k isn’t a life changing amount? It would pay off a mortgage for an awful lot of people, with plenty left over.My first wife was worth $5million American dollars, it didn't change my life much as we lived within our means and ignored what she was worth in assets.
We divorced in 1997 so I suppose today that would be about $15-$20 million.
No, I was agreeing with what you said, it wouldn't change everyones lives and gave you an example.Well that’s blown a hole in my plan
I’m sure they could find a way of doing it, might be harder to sell tickets though without the big prize
Are you saying £500k isn’t a life changing amount? It would pay off a mortgage for an awful lot of people, with plenty left over.
How could they do that in a randomly drawn lottery though ?
Read a while back that the 'thrillionaire' is a new thing, which is that someone with £3M can now life comfortably enough without working. Less than that and it's back to the office on Monday.£4 million is the new £1 million
31,000 years, I'm English. The American definition of 1 million is 1,000,000,000 (1 thousand million) the correct English definition is 1,000,000,000,000 (I million million).
alter the way the prize money is divided up across the dividends as the jackpots mount up.
They’ve already done that and it still results in the odd few winners getting over £5m. in the UK lottery and clearly much more in the Euro lottery.
If the prize was 50million, I’d be pretty miffed if my winning ticket was actually a shared syndicate. So my slice of the pie gets sliced again.It's far too much money for one person and it would bring its own set of problems, you're wide open for blackmail, extortion and it would be hard to gauge what anyone's motives are.
Why not make 50 millionaires or give 100 people £500k? That's a life changing amount for pretty much everyone and is a far more manageable.
A million seconds is 12 days.
A billion seconds is 31 years.
Bonkers. it should be harder to make your 2nd million, not easier.
£4 million is the new £1 million
There would be a whole new level of expectation from you with a lot of people and there’s potential for it to ruin relationships.That would probably the scariest factor for me...loved for your material wealth is no love at all
If you’d feel like that, why be part of a syndicate? Wouldn’t you just be thankful that you’d won something?If the prize was 50million, I’d be pretty miffed if my winning ticket was actually a shared syndicate. So my slice of the pie gets sliced again.
Sounds about right. 500k for a house. 2.5 mill invested could get you 125k a year. Most of us could easily live on half of that and re-invest the rest to protect capital and against inflation.Read a while back that the 'thrillionaire' is a new thing, which is that someone with £3M can now life comfortably enough without working. Less than that and it's back to the office on Monday.
Just make the odds a bit better on winning, I haven’t done it since they added the extra balls. It used to be 14m/1 before they added the extra 10 balls, god knows what it is nowHow could they do that in a randomly drawn lottery though ?
It becomes like a drug.Ok we all want to better ourselves and have enough money to live comfortably.
Have enough to leave to our children or loved ones etc. To make their lives a bit easier as they grow up.
Why do a very minority have millions and BILLIONS?
What do they actually want?
Imagine winning £50 million and giving away £49 million to good causes. You'd become the most succesfull and probably most content Lottery winner of all time. There's kudos and there's kudos if you get my drift.Sounds about right. 500k for a house. 2.5 mill invested could get you 125k a year. Most of us could easily live on half of that and re-invest the rest to protect capital and against inflation.
Find out what actually makes you happy and then plan on getting financial security for that as soon as you can. I always wanted to retire at 50 and did so at 49. A lot of my colleagues on similar and better packages than me are still working - and in a few cases dying whilst still working.It becomes like a drug.
The more you have ,the more you want. In many cases, not all.