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Euromillions

A Country Voice

So heres how I'll divvy up my 170 million after I win it tomorrow night.....
Parents: 5,000,000

Wifes Parents: 5,000,000

Mate who I'm in a syndicate with for the ordinary lotto but not Euromillions: 5,000,000.

Siblings (8 of em!): 3,000,000 each x 8 = 24,000,000

Wifes Siblings (only 3!) : 3,000,000 x 3 = 9,000,000

Mates who I've promised a digout if I win: 3,000,000 x 7 = 21,000,000

Local soccer club (long story): 3,000,000

Total Giveaway: 72,000,000.

Balance Remaining: 98,000,000
Pocket Money: 8,000,000, (Cars, Houses, Piss ups etc)

Invest the remaining 90,000,000 in govt savings scheme at 3% pa.
Less P.R.S.I. @ 4% and D.I.R.T. @30% on the earnings
Total Net earnings would be 1,782,000 per annum
Net per month earnings: 148,500. (with the 90,000,000 still in the bank!)

What would ye do with 170,000,000 ?

ACV

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alphabeat

i'd invest in property , they aint making any more of it

admiralofthefleet

i would make a donation to rehab and barnardos, they need the money

McChubbin

I would buy everything on this site. EVERYTHING.

Adyx

Voodoomelon wrote: »

I'd spent the next 10 years giving away €150,000,000 of it.
Disgraceful amount of money to give to one person.

I think huge jackpots like that would be better if given to lots of people. Say 1,000 people get €170,000 or (does maths on fingers) 100 people get €1.7 million. That's more than enough for any one person. Not that I'd begrudge anyone who has won similar amounts or whoever wins this, best of luck to them.

mb1725

https://www.youtube.com/watch?v=LusBcSnop6c

allibastor

Really, i would give most of it away to charity, if you could not make it in the world with a starting figure of lets say 5million then you have some issues. 170m would be wasted on any one person not used to it.

The Cool

Think of the interest that money would make! Somewhere about €10,000 every day if my very rough guesstimations are correct... The changes you could make to people's lives just by handing your daily €10k out to somebody deserving. You could give homeless people say, a month's hostel accomodation, vouchers for the likes of Dunnes to buy decent clothes for interviews and work and the like, as well as food obviously, and help them get back on their feet with a job and lodgings. You could actually set up a shelter that does that. Loads of cool stuff you could achieve with hardly any effect on your lump sum! I think the vast majority of it would get invested, there is absolutely no reason why anyone would need that much money and I wouldn't want it to make my future children lazy and unambitious - learning the value of money through working and periods of being broke etc is quite important I think.

nucker

Buy a couple of houses, go on a well needed long holiday, hell, I might even ask NASA or the Russians to take me to space and back

nucker

Though I may start up my own charity to deal with the problems or try to deal with issues close to my heart knowing that most if not all of the money will go to the issues that I've up the charity for will go to the issues and not to backhand pockets

Plazaman

€170 million, I'd make a good weekend out of it.

Firstly, head on down to the local undertaker and buy five top of the range flashy funerals (if I'm going down partying, I'm taking people with me).

Then earnestly start my research project of crossbreeding Giraffes with Crocadiles. My Crocaraffe/Girafadile will be the nearest thing to a dinosaur anyone has ever seen and the theme park will be magnificent.

And of course by a packet of Hersheys Reese Peanut Butter Cups. I love those little fúckers.

squod

Start a miss bikini project like they have in Russia. It's a bit like the X-Factor for people who aren't quears.

First stop, top floor of Arnotts for a nice big couch......

kowloon

I like how some people's first reaction is who they would like to give money to

RacoonQueen

Tell no one but my family.

Buy a house, buy a car, go on holiday, buy a few holiday homes. Give money to the parents and the siblings. Give them a laser/credit card based on whatever account I have the money in.

Enjoy life.

Probably go to college to be honest, give a horde of money to an animal welfare charity or something.

Too much money to win. I'm young and single. That sort of money would ruin my life.

Then when I meet someone and get married and make him work his arse off for a few years in his job to keep our happy bubble 'going'. Tell him then. :pac:

squod

GoIreland.com on the facebook are giving away their potential winnings if you ''like'' their picture or whatever. €170m gamble for free? Seems legit!

bluecode

You lot are just fantasists. None of you will win because I will win later tonight.

I will be treading carefully initially. I will be giving some to mine and the wife's family but there's a lot of them. Eight siblings on her side, five on mine. That's a lot of money. Plus she'll want to give some to some of teh cousins. If done properly you can avoid paying too much tax. Remember you don't have to give them millions up front.

The first thing I'll be doing is figuring out a way of avoiding anyone finding out it was me. The press will be staking out the Lottery headquarters tomorrow. But my idea is to hire a bunch of movie extras, give them a lotto ticket each and have them arrive simultaneously and pretend they're the winner. In all the confusion, I'll slip in disguised as a .........that would be telling!

After that I'll take time out to think. First thing I'll do is read the Winners brochure from the National Lottery. Here it is:

http://www.lottery.ie/Documents/pdfs/WINNERS_BOOK_Lowres3.pdf

I'll certainly be buying a few houses and some nice cars. Not really a Ferrari fan. Nothing too showy. Because I'm a pilot people think I'll buy planes but most likely I'll just rent a jet when I need one. I won't even fly it myself. Private jets are ridiculously expensive to run even when you're mega rich like I'll be tomorrow. Much better to have one on call.

Not sure about a luxury yacht either. Probably just rent one in the South of France.

Will definitely have a place in Malibu.

The downside is that my family will be a target for blackmail and kidnap. So I might have to hire protection. But I know a few ex military types I can hire.

That's all I'm saying because you lot will be sending me begging PMs tomorrow if I'm not careful. :mad:

barbiegirl

First I call mine and his siblings and parents. We all sign off on an agreement that they get so much and we get so much, we back date it and claim the prize as a family. That avoids gift tax

I'd want no one else to know and instead would announce we'd won a much smaller amount on the Irish Lottery cause otherwise people are suspicious. Then with the interest I'd pay off our mortgage, then help out our besties without them knowing who was doing it. Then once those close to us are taken care of I'd work with charities, take lots of holidays, and try to be a good person.

Mrs Garth Brooks

Why do I always think il win the lotto and im always disappointed with the results?

And what would people do with their cousins? I never see them and I have at least 30 of them. Even giving them a million each is a big drop. For people I never see.

misterdeeds

170 million mmmm let me see , first i'd give to local charaties and help alot of ppl ,prob do something for the local youth and all etc
as for myself ..... i'd turn on the gas heating and enjoy

:D:D:D:D

Plazaman

Hungrycol wrote: »

Siblings, parents, in-laws, mates, all subject to gift tax. Tax man has you by the cahonas. Nothing for it then to keep it all yourself.

Fairly hefty the tax for brothers and sisters.

In general it is the relationship between the two parties that dictates the exempt amount as follows:

Group 1 Gift or Inheritance to Son/Daughter or minor child of Deceased child Tax Free amount is €250,000 for each Son or Daughter

Group 2 Other lineal ancestor - Brother, Sister or child of deceased brother or sister €33,208

Group 3 Others €16,604

Gifts and Inheritances that exceed the Threshold Amounts are subject to Capital Acquisitions Tax at 30%

The above are lifetime limits for each threshold. In addition there is an additional €3,000 gift exemption available each year.

So €20mill to a sibling would mean they have to pay the squanderers in Leinster House €5,990,037 in tax. I think I just arrange to get a suitcase full of cash and give it to them and say come back to me when it needs refilling.

oldyouth

I'd buy a limitless, 1st class, round the world ticket and hope that the wife appreciates the thought I put in to that present for her.

Fighting Irish

Instead of giving away lump sums to family members could you not have a bank account that a proportion of the interest goes into every month and give them all bank cards and let them at it

Fighting Irish

RacoonQueen wrote: »

Tell no one but my family.

Buy a house, buy a car, go on holiday, buy a few holiday homes. Give money to the parents and the siblings. Give them a laser/credit card based on whatever account I have the money in.

Enjoy life.

Probably go to college to be honest, give a horde of money to an animal welfare charity or something.

Too much money to win. I'm young and single. That sort of money would ruin my life.

Then when I meet someone and get married and make him work his arse off for a few years in his job to keep our happy bubble 'going'. Tell him then. :pac: