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If you won the lottery, would you still work?

  • 03-09-2011 12:59am
    #1
    Registered Users, Registered Users 2 Posts: 10,962 ✭✭✭✭


    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?


«1

Comments

  • Registered Users, Registered Users 2 Posts: 802 ✭✭✭Vodkat


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


  • Closed Accounts Posts: 23,316 ✭✭✭✭amacachi


    LOL.


  • Closed Accounts Posts: 3,915 ✭✭✭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.


  • Registered Users, Registered Users 2 Posts: 7,674 ✭✭✭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.


  • Registered Users, Registered Users 2 Posts: 1,806 ✭✭✭D1stant


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


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  • Registered Users, Registered Users 2 Posts: 8,207 ✭✭✭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.


  • Registered Users, Registered Users 2 Posts: 10,962 ✭✭✭✭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.


  • Registered Users, Registered Users 2 Posts: 25,243 ✭✭✭✭Jesus Wept


    It must be soul destroying for his coworkers.


  • Banned (with Prison Access) Posts: 2,196 ✭✭✭the culture of deference


    no way.


  • Closed Accounts Posts: 11,299 ✭✭✭✭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.


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  • Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,360 CMod ✭✭✭✭Dravokivich


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


  • Registered Users, Registered Users 2 Posts: 10,962 ✭✭✭✭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)?


  • Registered Users, Registered Users 2 Posts: 1,806 ✭✭✭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?


  • Registered Users, Registered Users 2 Posts: 490 ✭✭darklighter


    Not in my current place.

    I would set up my own business though


  • Closed Accounts Posts: 11,299 ✭✭✭✭later12


    D1stant wrote: »
    Buffet?
    Yes. I'm tired and delicate, leave me alone!


  • Registered Users, Registered Users 2 Posts: 3,538 ✭✭✭flutterflye


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


  • Registered Users, Registered Users 2 Posts: 75 ✭✭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.


  • Registered Users, Registered Users 2 Posts: 397 ✭✭Broads.ie


    Set up a business.


  • Registered Users, Registered Users 2 Posts: 8,283 ✭✭✭Glico Man


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

    ...


  • Registered Users, Registered Users 2 Posts: 3,538 ✭✭✭flutterflye




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  • Registered Users, Registered Users 2 Posts: 7,838 ✭✭✭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)


  • Registered Users, Registered Users 2 Posts: 12,801 ✭✭✭✭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...


  • Closed Accounts Posts: 2,024 ✭✭✭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


  • Registered Users, Registered Users 2 Posts: 7,838 ✭✭✭Nulty


    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?


  • Closed Accounts Posts: 135 ✭✭crystallove


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


  • Closed Accounts Posts: 2,024 ✭✭✭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:


  • Closed Accounts Posts: 2,024 ✭✭✭shannon_tek


    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


  • Registered Users, Registered Users 2 Posts: 8,283 ✭✭✭Glico Man


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

    Lolworth eh? Small quaint village... nice


  • Registered Users, Registered Users 2 Posts: 1,494 ✭✭✭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.


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  • Registered Users, Registered Users 2 Posts: 21,730 ✭✭✭✭entropi



    >_>


    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.


  • Closed Accounts Posts: 3,243 ✭✭✭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.


  • Registered Users, Registered Users 2 Posts: 3,221 ✭✭✭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.


  • Closed Accounts Posts: 11,299 ✭✭✭✭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?


  • Registered Users, Registered Users 2 Posts: 697 ✭✭✭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!


  • Registered Users, Registered Users 2 Posts: 697 ✭✭✭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.


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  • Registered Users, Registered Users 2 Posts: 6,705 ✭✭✭Mountainsandh


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


  • Closed Accounts Posts: 11,299 ✭✭✭✭later12


    2nm3d77.png

    €674.56 x 52 = €35,077.12


  • Registered Users, Registered Users 2 Posts: 697 ✭✭✭pajunior


    later10 wrote: »
    2nm3d77.png

    €674.56 x 52 = €35,077.12

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


  • Registered Users, Registered Users 2 Posts: 4,417 ✭✭✭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)


  • Registered Users, Registered Users 2 Posts: 22,080 ✭✭✭✭Big Nasty


    Not a fcukin' chance!


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  • Registered Users, Registered Users 2 Posts: 3,480 ✭✭✭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!


  • Closed Accounts Posts: 20,919 ✭✭✭✭Gummy Panda


    Fúck no!

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


  • Closed Accounts Posts: 2,107 ✭✭✭booboo88


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


  • Closed Accounts Posts: 6,388 ✭✭✭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!


  • Registered Users, Registered Users 2 Posts: 22,080 ✭✭✭✭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?


  • Closed Accounts Posts: 96 ✭✭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..!


  • Registered Users, Registered Users 2 Posts: 7,062 ✭✭✭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


  • Closed Accounts Posts: 10,239 ✭✭✭✭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.


  • Registered Users, Registered Users 2 Posts: 17,798 ✭✭✭✭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"


  • Registered Users, Registered Users 2 Posts: 2,399 ✭✭✭ush


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


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