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Reply to: Winning the lottery - Guide for gifts
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Previously on "Winning the lottery - Guide for gifts"
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Originally posted by doodab View PostI wouldn't even tell anybody. Even if it was silly money like £100 million. I'd just pretend to go to work every day, trundle off from my crappy little house to my pad in paradise and post crap on CUK all day.
Probably.Originally posted by Scrag Meister View PostSame here.
Lots of my relations think I am loaded anyway and wouldn't be surprised when I bought a brand new GTR, a new home in the country and paid of my kids mortgages.
I start by buying a gold, diamond encrusted suit like Liberace and heading off to my local Lidls with an entourage of 12 bouncers pushing people out of the way. Then down to Wetherspoons (outside of happy hour) for a few beers, again with my bodyguards saying 'no photos' & then off to Maccie D's for a Big Mac (oh yes I'll take the large I can afford it) having any kids removed and their balloons popped.
Oh yes. When I win I'm going large!
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Originally posted by doodab View PostI wouldn't even tell anybody. Even if it was silly money like £100 million. I'd just pretend to go to work every day, trundle off from my crappy little house to my pad in paradise and post crap on CUK all day.
Probably.
Lots of my relations think I am loaded anyway and wouldn't be surprised when I bought a brand new GTR, a new home in the country and paid of my kids mortgages.
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Originally posted by doodab View PostI wouldn't even tell anybody. Even if it was silly money like £100 million. I'd just pretend to go to work every day, trundle off from my crappy little house to my pad in paradise and post crap on CUK all day.
Probably.
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I wouldn't even tell anybody. Even if it was silly money like £100 million. I'd just pretend to go to work every day, trundle off from my crappy little house to my pad in paradise and post crap on CUK all day.
Probably.
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Originally posted by MarillionFan View PostWould they all have to pay tax? And if so what would be a better way to gift it?
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Originally posted by MarillionFan View PostLets say in theory you had a biggish type win on the National Lottery or Euromillions lottery & because of the size of your win you wanted to give some away to friends & family.
Let's say you won a sum over the weekend, lets call it say £4,324,174 & you wanted to give 300k to your brother, 300k to your sister and then £1m to your parents, and then some £50k for another few friends, keeping around £2.3 million for yourself (you dont want to be greedy)
Would they all have to pay tax? And if so what would be a better way to gift it?
In seriousness, you can gift anything, as long as you live for 7 years afterwards.
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Buy their houses of them, and let them live for a peppercorn rent.
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Winning the lottery - Guide for gifts
Lets say in theory you had a biggish type win on the National Lottery or Euromillions lottery & because of the size of your win you wanted to give some away to friends & family.
Let's say you won a sum over the weekend, lets call it say £4,324,174 & you wanted to give 300k to your brother, 300k to your sister and then £1m to your parents, and then some £50k for another few friends, keeping around £2.3 million for yourself (you dont want to be greedy)
Would they all have to pay tax? And if so what would be a better way to gift it?Tags: None
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