12 Ways to Spend £1 Million
UK Millionaire Raffle Winnings:
Month by Month Calendar
EuroMillions UK is offering an extra special Millionaire Raffle this Friday, May 31st that will see one very lucky winner have 12 instalments of £1 Million arrive in their bank accounts throughout one life- changing year!
This got us thinking how we would spend each million, knowing we were guaranteed to have a total of £12 million to play with.
According to the UK Office of National Statistics, the average person in the UK will have earned £1.2 million before tax working up to age 65.
The winner of this Friday’s EuroMillions UK Millionaires Raffle will therefore receive 10 times the average lifetime income of their fellow UK residents at least 40 times as quickly and without paying a single penny in taxes! What would you do with a £1 million paycheque from the UK National Lottery every month for a year?
See our suggestions for how to spend your first year as a EuroMillions UK millionaire!
June – Celebration Time – Come On!
The first thing we would do is throw one gigantic P-A-R-T-Y with all our favourite things. And why not?! Yes, savings, yes, investments, yes, prudence but we know we’ve got eleven more of these massive paycheques so it’s time to treat our friends, family and in the process ourselves!
July – Better than Bond
With another million pounds sitting nicely in the bank, it’s time to get a car, and we know which one we’d choose. Launched at the Geneva Motor Show in 2009 the Aston Martin One-77 History is everything a car should be, offering 0-60 mph in 3.5 seconds, 700+ horsepower powered by a 7.3-litre V12, and let’s face it, it’s just plain sexy! Vroom… vroom…
August – Property Paradise
Now we have the car, it’s time to get the address to go with it. How about a luxury three bedroom apartment a stone’s throw from Harrods in the heart of Knightsbridge, or maybe on Abbey Road, made famous by the Beatles in the sixties? Either way, it will be a splendid summer search.
September – British Bling
Although Graff’s Lesotho Promise necklace is a little out of our price range – it’s a 26-diamond piece cut from a $12.4 million, 603 carat rough diamond – a million pounds can still get us something special from the boutique London brand. Failing that, anything by Boodles or Harry Winston would do just as well!
October – Artistic License
Banksy has created some of the most inspiring and politically poignant artworks of the 21st century. A Norfolk couple met Banksy at Glastonbury before he became famous and allowed him to graffiti their rundown mobile home trailer. At less than £1 million, this would definitely top our list of artworks to buy with this month’s EuroMillions UK instalment.
November – Dapper in Diamonds
With a fresh million to dress ourselves, we could go for a Stuart Hughes silk-cashmere-mix suit, replete with 480 single cut diamonds and we would still be left with half a million pounds to line the pockets. For a more practical purchase, we’d join Frosdick of London’s ‘Million Dollar Dandy’ club – 14 bespoke suits and pairs of shoes, 28 dress shirts and silk ties, waiting for us on Saville Row!
December – Christmas Spirit
Six months in and it’s time to give back. There are countless worthy causes in the world and to narrow down our search, we would choose from one of theLotter.com’s nominated charities; Medecins Sans Frontieres, the World Wide Fund for Nature (WWF), Habitat for Humanity or Save the Children. Added bonus – donating through theLotter would double our charitable contribution!
January – New Year’s Resolution
With a million pounds at our disposal, we know we can get the best education money can buy. Fees surpassing £30,000 a year at top public schools such as Eton and Harrow, £9,000 a year for some UK universities, and £50,000 for a London Business School MBA, bring the total bill to just under £250,000 per child – set up the trust fund now!
February – Watch in Style
The best way to watch sports is in a private box with a bunch of friends. In 2011, it cost £80,000 to watch the UEFA Champions League final from a 20-seat box at Wembley so we’d look forward to ten or so such special days we’ll never forget.
March – Gold as Standard
We’ve reached the final quarter of our amazing lottery-funded year looking sharp and living well. Looking to the future, we want to safeguard our fortune. We figure gold is a good bet and at £30 a gram we would be able to buy gold bullion weighing more than 30 kilograms and the vault to put it in!
April – Set Up in Business
UK National Lottery millionaire Mark Myatt wasn’t ready to retire when he won £1,014,308 in 2008. After treating themselves to some luxuries, Mark and his wife became property developers, giving them a life doing something they’d always dreamed of – the best way to beat boredom! How would you plan for after your big lottery win?
May – Well Deserved Break
After a busy year managing a massive win in the EuroMillions UK Millionaire Raffle, we feel we’d need a bit of rest and relaxation. We fancy seeing the world on a cruise with all the trimmings. SixStarCruises’ £1 million four month luxury package sounds perfect, with a 28 country itinerary, a menu that includes Beluga Caviar, Dhong Pao Tea and Dom Perignon Rosé, and transfers in Sikorsky helicopters and Rolls Royce Phantoms!
However you would choose to spend the money month by month, you need to be in it to win it. Buy your EuroMillions UK tickets on theLotter for your chance to win the extra special Millionaire Raffle this Friday!