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Look who won the Euromillions!

FreeFallin

http://theliberal.ie/congratulations-22-very-lucky-dublin-bus-drivers-are-the-winners-of-the-euromillions-worth-e23-million/

This will prove to be a popular win, no-doubt. I'm not sure if they are 'Dublin Bus' drivers, or bus drivers from Dublin. Congrats to them either way!

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lawlolawl

December2012 wrote: »

But not enough to retire

Presume that most of these guys aren't 20. 1 million would do a lot of these guys up until they die.

I'm 33 and if i got my hands on a million quid i'd be seriously thinking about jacking work in for good.

Vic_08

Sand wrote: »

I think you're overestimating how far the money would go. Unless you live on beans and toast in a cardboard box and limit your holidays to points you can reach by public transport you'll run out of cash inside 10-20 years.

Buy €1m worth of high value letting property and you would comfortably net more than a bus driver's salary and still have the capital in the property. Other investment routes would also provide a good return.

Before interest rates tanked living off the interest was viable on €1m of lottery winnings, not so these days.

Sand

syklops wrote: »

23 Million. 22 Drivers, so just over 1 Million each. If you were careful, you could give yourself a 25k a year net "salary" for the next 40 years, not including interest. 25k net, is 2083 euros a month net. Hardly beans and toast territory.

Well, paying your mortgage is going to take half of that straight away. Then you're going to have to go and buy your own private health insurance because you wont have an employer doing it for your anymore. VHI are quoting 250 euro a month to cover a family. Now you're down to 800 Euro to support a family of say 4 for a month.

That is beans and toast territory.

Fleawuss

At least it wasn't fcuking taxi drivers. Fcukers.

lawlolawl

Sand wrote: »

Well, paying your mortgage is going to take half of that straight away. Then you're going to have to go and buy your own private health insurance because you wont have an employer doing it for your anymore. VHI are quoting 250 euro a month to cover a family. Now you're down to 800 Euro to support a family of say 4 for a month.

That is beans and toast territory.

It's adorable that you think Dublin Bus or any CIE company pays for private health insurance for their employees.

A lot of people don't bother with private health insurance in this country anyway because we don't have a particularly good private health system on top of our crap public health system.

Not all of them will have mortgages either. Only in Ireland could people think that a million quid windfall would mean you'd have to keep working.

Sand

lawlolawl wrote: »

It's adorable that you think Dublin Bus or any CIE company pays for private health insurance for their employees.

A lot of people don't bother with private health insurance in this country anyway because we don't have a particularly good private health system on top of our crap public health system.

Not all of them will have mortgages either. Only in Ireland could people think that a million quid windfall would mean you'd have to keep working.

Most winners have mortgages, have families to provide for and have bills to pay. A million euro will make their lives easier. It could wipe out the mortgage, buy a very nice car and allow for a career change or just to have some fun. But it could not allow you to stop working unless you were going to live like a college student.

Now maybe if the winner has no mortgage, no family or dependents, is never going to get sick, has no interests and wants to live like an OAP then they could quit their job on a million euros lottery win. But very few people are in that situation.

MadYaker

lawlolawl wrote: »

Presume that most of these guys aren't 20. 1 million would do a lot of these guys up until they die.

I'm 33 and if i got my hands on a million quid i'd be seriously thinking about jacking work in for good.

Move to some rural part of Spain or Greece or some other cheap country and you'd live very comfortably on 25k a year.

mrsWhippy

I love seeing syndicates win these large winnings. A much better use of the money imo - I think it's criminal to have a single individual walk away with amounts like 60 or 70 million!

I hope they all enjoy it.