Lottery winner gives away £12 million in one week

Comment #11

hypersoniq — Sun, 25 Apr 2004 02:11:41 GMT

Talk about spreading the love! More power to her... Here in the states, you would be taxed into oblivion with such generosity...I would definitely hook up my kids, If I won tonight's P.ball, Each would get a 3Million dollar trust for their 21st birthday, So we could see them enjoy it instead of having to wait until we are gone... Until then each would get a full-ride to any college in the country. As for the rest of the family, it would be paying off all of their bills (a nice way around the gif... [ More ]

Comment #10

avore — Thu, 22 Apr 2004 21:04:19 GMT

It was her dollar, for crying out loud. Let her spend it however she likes.I only wish I could read about more generous people like her.Yes she might end up broke somewhere down the line,but something tells me she's better off today than yesterday.

Comment #9

DoctorEw220 — Wed, 21 Apr 2004 17:58:47 GMT

I think she's just being generous to her family. I don't think she plans on pissing away the rest of her winnings.

Comment #8

tg636 — Wed, 21 Apr 2004 15:04:45 GMT

>Family members quitting their jobs is a very bad sign! Even though it's true that one or two million dollars will earn interest every month but who's to say that they will just let the money sit.I agree. Saving goes against the primal impulse to treat your windfall as found/free money and indulge in all those things you could never afford, telling yourself you've worked and suffered enough and deserve everything you want...and with your days free and unstructured, you have much more time to... [ More ]

Comment #7

time2win — Wed, 21 Apr 2004 04:38:39 GMT

Family members quitting their jobs is a very bad sign! Even though it's true that one or two million dollars will earn interest every month but who's to say that they will just let the money sit.Some (not all) of them will indeed blow it and be back at her door begging for more.Trust me.

Comment #6

prob987 — Wed, 21 Apr 2004 03:04:18 GMT

This person will be broke in no time.

Comment #5

tg636 — Tue, 20 Apr 2004 18:17:23 GMT

I wouldn't have given anyone that much. My feeling is if I don't deserve the money, then other people deserve it even less - at least I bought a ticket. The problem with giving such large amounts is that I believe it encourages people to quit their jobs and go on spending sprees, and after a few years the money is gone and they are begging more off you. >These days one million dollars is not a lot of money.It's not a lot over 20-25 years, but it's a lot to have it all in once place. If you hav... [ More ]

Comment #4

keystonechas — Tue, 20 Apr 2004 17:50:25 GMT

These days one million dollars is not alot of money. Think about it. 50 plus years of working before retirement. Thats 20 thousand per year. Far from living the high life and rubbing elbows with Donald Trump.Chas

Comment #3

Todd — Tue, 20 Apr 2004 17:44:29 GMT

RJOh:The beauty of the UK Lottery (and by extension Euro Millions) is that jackpots are TAX FREE.

Comment #2

RJOh — Tue, 20 Apr 2004 16:58:58 GMT

Chas,If the relatives do the math after they all receive their 1.5M , the ex gets his house and the parents get new carpet (preferable in a new home), they'll know she only has about 2.0M left, so she won't be in much better shape than they are, that is if she didn't have to pay some taxes on those 17 millions winnings.RJOh

Comment #1

keystonechas — Tue, 20 Apr 2004 16:22:57 GMT

Sounds like a generous lady. Too generous. US $21.5 million is not alot of money to split among so many people. The Money well will run dry quickly. All the relatives quiting their jobs is a bad sign. They'll be begging her for more and more money which just isn't there. My guess is this big hearted lady will be back in the poor house within a year.Chas

Lottery winner gives away £12 million in one week

Lottery Post — Tue, 20 Apr 2004 11:25:20 GMT

Generous Marion Richardson is giving her family 12 million (US$21.5 million) of her 17 million (US$30.5 million) Euro Millions lottery jackpot - because she reckons she won too much.A week after she scooped the jackpot Marion, 57, left, is handing 1.5 million (US$2.7 million) each to her three sons, two daughters, two brothers and sister. Yesterday the former hard-up post worker returned to her 45,000 Gateshead home after staying away following her win.The jobless mother vowed to spend, spen... [ More ]