Every week, millions of us enter various different lotteries in the hope of scoring that one big win which will set us up for life. The biggest ever recorded lottery wins feature prizes that reach into the hundreds of millions. But have you really thought about how you’d spend such an obscene amount of money?
Depending on what sort of person you are, your purchases will often flirt back and forth between the practical, the necessary and the frivolous. However, on the off chance you do end up landing a lottery jackpot, here is a quick rundown of the most popular purchases by lottery winners which may inspire you should your numbers ever come up.
Sun, Sea and Sand
When it comes to answering the question “how would a lottery winner spend their money?”, it’s important to put the amount of money up for grabs into context. Online platforms such as Lottoland feature top prizes reaching in excess of £300 million (around $369 million). However, even if a player only lands a few thousand dollars, a holiday is often one of the first things on a winner’s mind. After all, everyone needs a break, right? Those fortunate enough to land multi-million dollar jackpots can jet off when they please owing to the fact that they probably won’t have to ever work another day in their life again. And the most popular holiday destinations? The Caribbean and the United States sit atop of the list, with Dubai and the Canary Islands coming in a close third and fourth respectively.
Splashing The Cash
After a big lottery win, the temptation to spend some cash on an unnecessary and outrageous purchase must be far too tempting. From building a water park to creating a TV show featuring female wrestlers, like Jonathan Vargas did in 2008, there’s no end to the madness when it comes to frivolous lottery spending. However, we can’t promise that we wouldn’t act the same way if our numbers were to come up. After all, you only live once, and if you can’t enjoy yourself after winning millions of dollars, then when can you?
A New Motor
The fact that it’s possible to find articles relating to the best cars for lottery winners should tell you just how high a new car is on the priority list for those who scoop a big jackpot. Yet, this isn’t to say that everyone will be after the same vehicle. Although they may be rich, larger families may still need to plump for a more practical people carrier, whereas singletons can push the boat out for a Ferrari, Lamborghini or Aston Martin. Classic cars are also well in favor when it comes to those with plenty of money at their disposal but ultimately, our cars are a reflection of ourselves – and this is why many lottery winners choose to upgrade their wheels so soon after their win.
Your Wish Is Your Command
The fame and fortune that a big lottery win brings with it something that only a handful of people will experience throughout their lifetime. However, we advise you to have a bucket list ready just in case the unthinkable happens. And just remember, it’s your money, so spend it how you see fit. But be warned. You may suddenly find that you have ten times the amount of friends you used to have and numerous requests on social media. Fingers crossed.