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I just won Oz Lotto $15 million lottery!!!!!!

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BradK

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... ok, it's a bit premature. Draw is not until 8.30 tonight.

But, what will I do with my winnings?

Invest in a term deposit across 8 different banks - and collect about $700,000 per annum in interest and redirect $500,000 towards good quality property and live off $200,000?

I would wait until the first interest payment comes in before doing ANYTHING. I KNOW that I would preserve the capital and make it GROW rather than blow about $5 MILL upfront.

You just hamper yourself later on.

What would YOU do?

Brad
 
When people win a lotto draw like that, does the person actually get the full payout or do they get part payments over a set number of years?


cheers,
 
200 acre property in Nth Victoria, with studio

Ford GT

Purchase the Hasselblad h3 dii 50, and set off for a two year photography tour OS
 
Stan 101 said:
When people win a lotto draw like that, does the person actually get the full payout or do they get part payments over a set number of years?


cheers,
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I understand that I will get the full cheque in the morning.

However, if I lived in the United States, it is paid over a number of years at a drip feed rate - and it can't be passed on past death.

With my limited knowledge of these matters.

Disclosure: This is my FIRST ever Lotto ticket.

Brad
 
I would visit a psychologist to determine why I spend so much time and money dreaming of winning lottery.
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Wysiwyg said:
I would visit a psychologist to determine why I spend so much time and money dreaming of winning lottery.
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I have only done it today. Although I must admit I have done it ALLLLL DAY :rolleyes::confused::):eek:

You know what? You are CORRECT! Sheeessshhh

Brad
 

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BradK said:
You just hamper yourself later on.

What would YOU do?

Brad
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Don't pamper yourself later on, you could be dead tomorrow.

What amazes me is how people plan to be so stingy after they win lotto.

People that win lotto (big $) and say that nothing will change and that they will keep their same job should have the money taken from them and put back into the next weeks draw.
 
Are congratulations in order? Will you be discovering a host of new friends tomorrow when the word gets out?

Cheers,

Kenny
 
I would minutes after winning do a quick pack and immediately drive to my suite at the Quay West hotel so i could spend a few weeks thinking about what to do in the appropriate surroundings, and then most prob move indefinitely to Boracay to continue thinking about it.

The fact that most people wouldn't move or even quit there job is a sure sign that you don't actually need the money and a lotto win would just mean you retire earlier, have better holidays and drive a better car.
 
Hello,

It is with a heavy heart that I report back to the ASF community that when they say there is a one in 45 million chance of winning, they are RIGHT!

Unfortunately, my numbers did not come up. Well, one did. 3.

And they told me I could spend the rest of my life.... :banghead: I want back my nine bucks fifty-five.

Brad
 
Not to worry, BK. They are kind enough to run another lottery same time next week. Just another $9.55 for you. Mate's rates.

To be fair, a friend once got 5 numbers and called up crowing about her pending windfall. Next morning she found out her win came to $2700 and change. A pretty good score but not quite enough to pay for any of her dreams. Well, not any that she told me anyway.

Cheers,

Kenny
 
The $30 Million Lotto (Sydney 02/01/10) had 18 winners each receiving $1,666,666.67. Unfortunately I only had three numbers and 1 supplementary number on a quick pick system eight. I got 5 X $31.90 = $191.50. On learning of my huge windfall, my missus said "You can take me to dinner". Dinner to celebrate (lol) set me back $213.00.
 
I regularly have all 6 numbers come up on my lotto ticket.

Too bad they are always spread across multiple games.
 
kitehigh said:
:D Thanks for the laugh, bloody funny. :D
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I agree.

I remember seeing a TV interview a few years ago with a 50 year old guy who worked at the local dump and lived in a caravan park and won $5M.

What was he going to do after the win?

He said he was going to keep working and live in the caravan and maybe buy a new belt!!!!!

Why bother paying for a lotto ticket if that is all you are going to do with it? It would be cheaper just to buy the belt, instead of paying $10 for an entry each week.
 
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