Who in their right mind??

24
Posted 26th Nov
EuroMillions: Builder with three kids revealed as £105m jackpot winner news.sky.com/sto…660

Why oh why?? I just cant get my head around why someone who has just won that sort of amount want to parade himself to the world. Surely that opens up a lifetime of issues.
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Builders aren't known for their intelligence
It also turns you into a bit of a celebrity so some people want to be rich and others want to be rich and famous.
How would you hide it? You give money to your family, they tell their mates & family - who tell mates & family etc etc
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deleted1471098
They only give you support if you agree to go public
He will get the ladies
ste.chaderton26/11/2019 13:23

How would you hide it? You give money to your family, they tell their …How would you hide it? You give money to your family, they tell their mates & family - who tell mates & family etc etc


Suppose it depends how much you're going to be splashing the cash.

If I won that sort of money I'd keep £5 million, give the rest to charity and keep my mouth shut for while. A few months down the line I'd tell close family I'd won around £2-3 million which these days the media wouldn't be the remotest bit interested in.
Edited by: "spoo" 26th Nov
frakison26/11/2019 13:56

I can't imagine that's true


It is.

In return for the free publicity you're giving them by going public they give you legal, financial and media advice. If you choose not to go public but the press later find out anyway you're on your own.
spoo26/11/2019 13:59

It is.In return for the free publicity you're giving them by going public …It is.In return for the free publicity you're giving them by going public they give you legal, financial and media advice. If you choose not to go public but the press later find out anyway you're on your own.


That's disgraceful, then again, with £105m in the bank, I'm sure you can buy in specialist advice? (although Prince Anfrews millions didn't help him! )
MR112326/11/2019 13:44

He will get the ladies


He's already punching above his weight. Good luck to them, I hope they enjoy the cash. I know I would!
ipswich7826/11/2019 14:08

He's already punching above his weight.


I was thinking that myself.
Those people are plain stupid and the usual thing is, that you read sooner or later that all the money has gone.
To be honest, that much money would scare a lot of people into taking the offered professional help that might be on offer. However, I feel that they are going to develop an awful lot of 'friends' in the future.
Can you imagine the size of the begging letter mountain he'll be getting
deleted147109826/11/2019 13:41

They only give you support if you agree to go public



I think that's an "urban" myth, cmdr_elito. I have first hand experience and asked that very question. The Lottery rep said they offer assistance whether you go public or not. Even give their personal card with contact info. It's just they've found in the past that 'going public' can actually help some people come to terms with their new-found wealth and the stress it can create. They are quite happy for you not to but don't withhold help because of this choice.

Also, the amount you win dictates the level of 'assistance' you receive. Over a certain amount and you have access to their financial team who can advise you if you wish. They also like to publish where, when and how much a winner has won but it's your choice whether they print your details or just announce a 'winner' anonymously.

There are so many facets to suddenly finding wealth. Money & fame are two very different animals. Some want both, some just want one or the other. As someone else said, it can be very difficult to hide such a win so people can find it easier for it to just become public knowledge and "get it out there" so-to-speak. Everyone is different.
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deleted1471098
Phsycronix26/11/2019 15:31

I think that's an "urban" myth, cmdr_elito. I have first hand experience …I think that's an "urban" myth, cmdr_elito. I have first hand experience and asked that very question. The Lottery rep said they offer assistance whether you go public or not. Even give their personal card with contact info. It's just they've found in the past that 'going public' can actually help some people come to terms with their new-found wealth and the stress it can create. They are quite happy for you not to but don't withhold help because of this choice.Also, the amount you win dictates the level of 'assistance' you receive. Over a certain amount and you have access to their financial team who can advise you if you wish. They also like to publish where, when and how much a winner has won but it's your choice whether they print your details or just announce a 'winner' anonymously.There are so many facets to suddenly finding wealth. Money & fame are two very different animals. Some want both, some just want one or the other. As someone else said, it can be very difficult to hide such a win so people can find it easier for it to just become public knowledge and "get it out there" so-to-speak. Everyone is different.


Strange I saw this written in a recent publication from Camelot. That’s as first hand as it gets.

I personally wouldn’t tell anyone, setup a small business buying/renting houses and then just tell people it’s doing well to explain my wealth.
Edited by: "deleted1471098" 26th Nov
esar26/11/2019 15:31

Can you imagine the size of the begging letter mountain he'll be getting


I say bring on the begging letters you can use them to heat the hoose in the biomass burner
deleted147109826/11/2019 15:33

Strange I saw this written in a recent publication from Camelot. That’s as …Strange I saw this written in a recent publication from Camelot. That’s as first hand as it gets.



I'd be surprised if they actually put in print "Unless you go public - you're on your own." As I say, I can only speak from personal experience and the fact that the Camelot rep (lovely lady) said it is their responsibility to make sure you are happy and don't just hit you with a load of dosh and say "There you go - see ya!" That would be extremely irresponsible, don't you think? Especially if it were someone who clearly might not be able to handle such pressure.

Of course, it is up to you whether you EVER contact them again or not. But the winners centre team are always there to offer assistance, if required.
ste.chaderton26/11/2019 13:23

How would you hide it? You give money to your family, they tell their …How would you hide it? You give money to your family, they tell their mates & family - who tell mates & family etc etc


I wouldn’t give any away... certainly wouldn’t tell anyone... I wouldn’t even tell the wife I’d say I got a new job working away month on month off... got an excuse for the extra money and got freedom to spend with a month’s holiday every month...
deleted147109826/11/2019 15:33

Strange I saw this written in a recent publication from Camelot. That’s as …Strange I saw this written in a recent publication from Camelot. That’s as first hand as it gets.I personally wouldn’t tell anyone, setup a small business buying/renting houses and then just tell people it’s doing well to explain my wealth.



I can't "cut 'n' paste" for some reason but if you just take a look HERE it's an FAQ for one of the 'Winners' team. Take a look at the question "If the winners wanted anonymity..." This mentions their aftercare team.
deleted147109826/11/2019 15:33

Strange I saw this written in a recent publication from Camelot.


Yeah of course you did
Bargainhead26/11/2019 15:41

I wouldn’t give any away... certainly wouldn’t tell anyone... I wouldn’t ev …I wouldn’t give any away... certainly wouldn’t tell anyone... I wouldn’t even tell the wife I’d say I got a new job working away month on month off... got an excuse for the extra money and got freedom to spend with a month’s holiday every month...


Quality. nice to see people have thought it through
Ah, managed to cut it now. Don't know why I couldn't before? Anyhoo, here's the bit from the Lottery website:

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If the winners wanted anonymity instead of going public, would you still advise them?


"Absolutely yes. It’s entirely the winner’s decision if they want to share news of their win. We have an aftercare programme in place to ensure that all winners have access to legal and financial advice.

It’s often the case that when a winner decides to remain anonymous, we are the only people that know about their win so we keep in touch with them for as long as they want to. Often they like to talk to someone or just let us know what they have been up to."

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I think the main reason for going public is that keeping some wins 'secret' are just too difficult to maintain. A
moderate win is one thing but millions is a whole different kettle of fish! If it were me, I think I would either wait a while before claiming (I bet that's harder than you think!) or claim and then just disappear for enough time for it to 'blow over' and the next big winner is in the spotlight!
If I won that i'd be opting for the quiet, but would have a legal firm approach a few nice folk I like to organise writing off their mortgages over a period of years as charitable bequests via judicious accountancy write offs based on monies put aside (the 7 year rule)!? ..part of that being "buying people I help silence as part of any deal conditions keeping the bulk of the original money liquid.

For myself it'd be a nice small home with land in the alps, my existing home "greened up" & investing in low cost thermally efficient housing land aquisition & a smidgen of onshore wind turbine investment.

& get a small business design or 3 sorted, tested & patented.

My wife would obviously have some other ideas which would need reining in ..a second-hand tesla would be a bargaining chip

IE do some good having researched the returns because even charitable housing companies are doing some nasty stuff these days that is somewhat questionable in some areas.
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