If you won the lottery, would you still work?

dark crystal

I thought the whole point of doing the lottery, was hoping you would win in order to give up the daily grind and enjoy life without having to work.

Just reading about people who kept on working, even after hitting the jackpot, like this guy:

http://www.dailymail.co.uk/news/article-543549/Millionaire-lottery-winner-goes-job-McDonalds--misses-workmates.html

Luke Pittard, 25, won £1.3million on the National Lottery 18 months ago

He celebrated in the usual way, buying a new home and splashing out on a lavish wedding and holiday in the Canary Islands.
Then he realised that he really missed his job.
So he asked to go back and couldn't be happier, getting up at the crack of dawn to flip burgers for £5.85 an hour.
"They all think I'm a bit mad but I tell them there's more to life than money," he said.
"I loved working at McDonald's before I became a millionaire and I'm really enjoying being back there again."
Few customers at the restaurant in Pontprennau, Cardiff, realise that a millionaire is frying their fries or taking their money behind the counter.
Mr Pittard and his girlfriend Emma Cox, 29, were working there together when he hit the jackpot.
They hung up their uniforms and settled down to domestic-bliss in a £230,000 home with their three-year-old daughter Chloe.
But 18 months later, the novelty of early retirement wore off.
"Lots of my old McDonald's workmates came to our wedding and I had kept in touch with them all the time, so I just thought: 'Why not go back?'" said Mr Pittard.

Is it a waste to do the Lottery if you plan to return to work afterwards, or would you miss working, even if you were filthy rich?

Vodkat

It depends on how much I won! If it was the euromillions... I wouldnt lift a finger for the rest of my life!!

amacachi

LOL.

MungBean

1.3 Million wouldnt last long if you retired young. If I had a cushy job I'd stick with it.

Edit: I see it was McDonalds they worked at. Ammmmmm fúck no.

DirtyBollox

cushy job or not i wouldn't be able to stay in that life for long. if i won the Irish lotto I'd quit where i am, blow some cash and then take my time searching for another job just to keep myself busy. there'd be no hurry on it though.

D1stant

And the moral of this story is that even idiots win the lottery

The King of Moo

If I won enough to be comfortable for life I wouldn't do a tap of work.

I'd travel a lot and do some charity stuff, so I'd make sure I didn't need work to occupy my time.

dark crystal

I reckon if I won 1.5 million, I could make it stretch by investing in the right things.

I'd hate to win all that money, only to have to go back to the 9-5, working for someone else.

Jesus Wept

It must be soul destroying for his coworkers.

the culture of deference

no way.

later12

Yes, although I would take up a role for myself that I could really love, such as working with horses, which would be more of a hobby than actually doing something for the money in a traditional employment sense.

If the question is whether or not I would keep my present job, then no. I would invest in the company, maybe.

I have always found the question 'why do billionaires such as Warren Buffet get up at 7am and go to work' to be an intriguing one.

Dravokivich

yes, but not in my current job. i'd look into setting up a production company for live sound.

dark crystal

later10 wrote: »

I have always found the question 'why do billionaires such as Warren Beatty get up at 7am and go to work' to be an intriguing one.

I think because most billionaires have made their money through their own businesses, therefore, they enjoy reaping the reward of their own enterprise. Making money is their pleasure in life.

If you were handed 1.5 million tax free, why would you want to then go back and work for someone else (unless you seriously loved your job)?

D1stant

later10 wrote: »

I have always found the question 'why do billionaires such as Warren Beatty get up at 7am and go to work' to be an intriguing one.

Buffet?

darklighter

Not in my current place.

I would set up my own business though

later12

D1stant wrote: »

Buffet?

Yes. I'm tired and delicate, leave me alone!

flutterflye

I'd volunteer with a charity.
Probably with children.

Shotgun_TEXAS

I'd buy this place I'm renting, build a good shed out the back, build kennels so I could train dogs so I'd still be wealthy and working at something I love and know.

Broads.ie

Set up a business.

Glico Man

flutterflye wrote: »

I'd volunteer with a charity.
Probably with children.

...

flutterflye

aaronh007 wrote: »

...

.,.,.,.,.,

Nulty

I'd just over qualify/educate myself by spending the next 10 years in college collecting degrees and masters etc. with no pressure and persue my dream (whatever that is)

Kojak

If I won the lotto, I'd go into work the following day, take the absolute píss out of my bosses and then tell them to stick their job up in their hole.

Somehow, I don't think I would be looking for a reference from them...

shannon_tek

If i won da Euros i would by myself a company and try to become the next MOL:D

Then by another one and so on just so i could fire ppl at the end of the day because they hate their job cause im MOL

Nulty

shannon_tek wrote: »

If i won da Euros i would by myself a company and try to become the next MOL:D

Then by another one and so on just so i could fire ppl at the end of the day because they hate their job cause im MOL

You worked for Ryanair and weren't good looking enough to keep your job?

crystallove

If I won a large amount, I will travelling around the world, to my dream place
LOL

shannon_tek

Nulty wrote: »

You worked for Ryanair and weren't good looking enough to keep your job?

Me Work for Ryanair. Bahahahahahaha. Wait until the town heres about that. :pac:

shannon_tek

crystallove wrote: »

If I won a large amount, I will travelling around the world, to my dream place
LOL

A qoute from one world 6 continents €55,000

Glico Man

crystallove wrote: »

If I won a large amount, I will travelling around the world, to my dream place
LOL

Lolworth eh? Small quaint village... nice

Columbia

I would spend a few years going around the world doing all of the interesting pay-to-volunteer work I can get my hands on (not for entirely altruistic reasons, there is just a long list of stuff I'd like to say I did).

And yes, then I would return to work. A once-off payment of £1.3 million probably wouldn't provide the lifestyle or self-respect I believe my career will down the line.

entropi

flutterflye wrote: »

.,.,.,.,.,

>_>


If I won the lotto, I'd definitely continue on with college until I graduate, would then take some time to travel, and go somewhere that I could set up a business with a definite client base.

Working takes the boredom out of the day I found, I could never travel for the rest of my life, floating from place to place.

LighterGuy

I am 26. Lets think logically. I win 1 million tomorrow. I can buy a house. A brand new car. Go on holiday and treat my family aswell. But cost of living is a bi*ch. It goes to show you the times we live in where a million wont do the rest of your life :rolleyes: After the aforementioned I would be out of pocket after 5-10 years of living an average lifestyle (let alone a lavish one) . Meaning I would have to work. If I won the same million in the 80s it would be a different story.

All I can say is if I came into a large amount of money i'd buy a house (mortgage free means alot in this world) then I would start up my own business. Use the money you got to make more money. But to say it again, Its really a sad reality isnt it? if you could win a million? like A MILLION! ... it doesnt mean you're set for life anymore.

It might just be me, but that says alot about the cost of living these days.

Greentopia

It's not a waste if you love your work. I love what I do as it's more like a hobby so yeah, I'd still work.

A million would be enough to do me for the rest of my life so long as I invested some of it wisely I reckon. The only expensive thing I'd want to really buy anyway is land and then build a smallholding on to farm, so I'd have still have about 750,000 left.

I'd travel some and then settle down to a quiet life in the country.

later12

LighterGuy wrote: »

It might just be me, but that says alot about the cost of living these days.

The cost of living is not the product of some big bad monster that has nothing to do with the man in the street - it is a reflection, in part, of how well off the man in the street already is. The average annual earnings are still up around €35,000, so of course it isn't surprising that €1,000,000 is not considered a life changing amount of money: your average Joe Public would easily earn that over the course of his career!

In fact, if you were to stay on the dole and later the state pension all your life, the cost to the state between lost taxes as well as the provision of benefits including housing could easily rack up a bill of over a million euro.

The non contributory pension alone costs about €¼ of a million in cash transfers if you live until 85. Is it really any wonder that the cost of living is perceived as being so high?

pajunior

A lot of people who win the lotto end up going bankrupt a few years later.

They buy a big mansion and car and leave their job but don't realize how much it costs to run such a big house and car. They have no idea how to manage so much money.

Irish lotto: financial security, it will make retiring very very easy when that time comes.

Euromillions: Well you're a bit of an eijit if you spend all of that!

pajunior

later10 wrote: »

The cost of living is not the product of some big bad monster that has nothing to do with the man in the street - it is a reflection, in part, of how well off the man in the street already is. The average annual earnings are still up around €35,000

What? I don't want to be the jackass who asks for a link but no way is that correct.

Mountainsandh

I'd leave my job for sure and set up my own business.

later12

€674.56 x 52 = €35,077.12

pajunior

later10 wrote: »

€674.56 x 52 = €35,077.12

Ah sorry I was taking the unemployed into account, never mind

ToddyDoody

The guy who continued working lacks imagination IMO. There's so many much more interesting things to do with your time, even if you like working, if you had money. He is young tho, he might grow out of it. (working for fun)

Big Nasty

Not a fcukin' chance!

davetherave

If it was the Irish million from the Irish lotto then yeah I probably would just to have something to do with my time.
Although if it was the Euromillions and we were talking a hundred million then I agree with MCMLXXV's statement from one post above

Here it is again

Not a fcukin' chance!

Gummy Panda

Fúck no!

Why listen to corporate knobs when you don't have to?

booboo88

HELLL NOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!

gbee

Well, TBH, a measly £1.3M at his age won't see him too far.

I've estimated one would need about £30M as one could just spend £10M all tooo easilly and then it costs so much more to live and protect property investments etc.

If I won enough though I'd buy out the firm and sack all those who gave me grief all these years!

Big Nasty

Here's another question: How would you spend your time?

Obviously you could do all sorts of travelling but that would wear thin after a couple of years and of course you might have a villa in the med, mansion in the Hollywood hills, etc. but how would you actually fill your day once things had settled down somewhat?

zyxwvu

I'd guess that 1.5 million euro nowadays is worth something like £500,000 twenty years ago... would that have been enough back then to live off for life? if you didn't know about the future property boom that is..!

Fighting Irish

Skunkle wrote: »

1.3 Million wouldnt last long if you retired young. If I had a cushy job I'd stick with it.

Edit: I see it was McDonalds they worked at. Ammmmmm fúck no.

€30,000 at least per year in interest, tax free, you'd be stupid if you couldn't make that last

KeithAFC

Create a business out of it and buy some land to then sell on at a later time. That is if you are sensible.

hatrickpatrick

It depends how you define "work" I suppose. I'm not really one for massively extended periods of literally doing nothing but sleeping in and lounging around.

It would just mean I wasn't committed to doing any particular thing and most importantly, I could pursue the things which really matter to me regardless of whether or not they'd make money - political activism and music would be at the top of the list. It's still "work", but it's hard to devote yourself full time to them unless you're doing so professionally.

EDIT: It'd also be a safety net, would mean I could experiment with various things without having to worry about "if this goes wrong how the hell will I afford breakfast tomorrow morning"

ush

Would have to keep workin'. A million won't keep you in h00kers and c0ke for long.