When it comes to winning the lottery, for many it’s a dream.

The whole idea of the lottery is that it will change your life for the better. For just £1.50, you could win millions and totally uproot whatever life you are currently living.

What often comes to pass though is that lottery winners are instead hit with life problems aplenty.

Old family members ringing up, confusing tax implications, or just not knowing what to use it on and misspending it, there are so many potentially negative alleys to go down.

(Loop Images via Getty Images)

This can be helped by advisors who help you spend the money after you win it, one of which recently spoke to the Daily Mail and recounted his experiences.

Andy Carter works as part of a team of National Lottery advisors who give people financial advice on how to spend their new fortunes.

Every winner is offered a sit down with a one of the advisors, and he said that 90% take them up on that.

Carter stated that, if you win the lottery it’s like Captain America’s super soldier serum, it doesn’t change you necessarily, just accentuates who you already are.

Spend unwisely already? A lottery will make that worse? Are you a canny penny-pincher? You’ll probably spend your money well and make it last.

He also revealed though the worst money mistakes he had seen from people who he had advised.

The most common mistakes he said was to be too generous.

(Bruno Vincent via Getty Images)

He said: “Winners want to help everyone out and this generosity comes from a good place. But people should work out what they need first. For example, if they have children under 30 and want to help them out with a house purchase, can they afford to do that and give up work themselves?”

He even said that he had cases where people would be hiding the win from their partners.

He described meeting a man in his kitchen who was anxiously pacing having booked the appointment when his wife went to the shops.

The man had supposedly won ‘a few hundred thousand pounds’, with Andy saying: “He told me: ‘We’re very happy but our money is separate — it’s just the way we operate’.”

The advisor said that, in general, those that cope best are the ones who speak to those close to them, namely family and friends.

Finally, when asked how under-30s operate when they win he said they would usually exhibit a more socially conscious nature, adding: “They are very financially cautious and switched on.”Featured Image Credit: PA/ Getty Stock Image

Topics: Lifestyle, Money, National Lottery

Michael Slavin

Advert

Advert

Advert

Published 22:14 17 Dec 2024 GMT

Brit who won £107.9 million on lottery after ‘predicting it’ shared surprising update on life after winning

Neil Trotter claims he told several people he would win hours before his lucky numbers came up

Olivia Burke

If you supposedly had the ability to ‘predict’ that you would win big on the lottery, you think you’d be able to foretell what the lifestyle of a a millionaire would be like too.

But Neil Trotter – who scooped nearly £108 million on the EuroMillions in March 2014 – admitted that he wasn’t prepared for just how different it would be.

Lottery winner who got £108 million explains it was difficult to adjust

Credit: TikTok/@viral_vids_worldwide

0 seconds of 3 minutes, 1 secondVolume 90%

The former car mechanic, from Coulsdon, Surrey, explained that he struggled to come to terms with the staggering number of zeroes in his bank account after his huge windfall a decade ago.

He had purchased £10 worth of Lucky Dip tickets and ended up bagging the £107.9 million jackpot after matching seven numbers.

Some people might reckon it was simply a stroke of luck that Trotter earned such a large sum of money – but according to him, it was written in the stars all along.

Speaking of his alleged mystic abilities in 2019, he said (via the Daily Star): “Being a Trotter, I knew I’d be a millionaire one day – and I somehow knew I’d win the lottery.

“I used to tell my dad I’d have a house with a lake, and he’d say, ‘In your dreams, son!'”

Del Boy and Rodney would be proud of this lad’s get-rich-quick efforts.

Trotter also claimed that he managed to predict his colossal win just hours before the EuroMillions draw took place.

Neil Trotter won nearly £108 million on the EuroMillions in 2014 (National Lottery)

Trotter continued: “I had such a strong feeling on the Friday that I’d win, I told the secretary at work.”

He also decided to tell his father’s friends that ‘this time tomorrow’ he would be rolling in it – only for his manifestations to materialise later that evening.

Following his win, Trotter says the best advice he received was from officials at Camelot Group, who advised him to not ‘do anything straight away’ – however, it didn’t take long for him to spend some of his cash.

He ditched his job as a mechanic, swapped his ‘old banger’ for a 2014 McLaren 650S Spider and purchased a mansion on a 500-acre estate which boasts ‘at least’ six lakes.

Trotter previously said he had also bought a house for his younger sister with his mammoth winnings, as well as a pony for his daughter.

Although not working another day in your life and limitless shopping sounds like heaven to most people, the millionaire said the novelty soon wore off for him.

The Brit said he found it difficult to adjust to his millionaire status (National Lottery)

In an update shared in 2022, Trotter said he found it difficult to adapt to his new lifestyle.

“Going from having to work to not having to work any more was quite a strange thing to adjust to,” he said in 2022, according to The Mirror. “I soon found out that sitting at home watching telly all day was quite boring.”

Trotter then discussed why he decided to go public with his win.

“If you want to live the dream, which is to have the house, the money and spend it, you’ve got to go public,” he went on.

But despite getting a bit bored from time to time, he’s still grateful for where those lucky numbers have led him in life.

Trotter added: “Winning allowed me to go back to my first love – racing. And I’ve the house with a lake.”Featured Image Credit: PA/Chris Ratcliffe/National Lottery/PA Wire

Topics: National Lottery, UK News, Money, Lifestyle, Euromillions

Olivia Burke

Advert

Advert

Advert

Published 19:05 19 Dec 2024 GMT

Woman forced to give entire £1 million lottery win to ex-husband after making highly priced mistake

Denise Rossi enjoyed lavish winnings, until it was stripped from her

Britt Jones

A woman had to give away her million lottery win to her ex-husband in a shock twist and the reason is diabolical.

This is a warning to everyone who could potentially win big while married.

Denise Rossi won her £1 million lottery jackpot ($1.3 million) and ultimately decided to divorce her husband of 25 years less than two weeks afterwards.

Talk about a wakeup call.

The woman, from California, USA, was happy to win her cash prize money, but decided to do something unexpected.

Denise Rossi won an immense amount of money (Fox)

She chose to keep the news of her big win from her partner.

When her ex-hubby, Thomas discovered her lotto win years after their divorce in 1996, after finding a letter from a company that gave out the payouts to lottery winners, he decided to take things further.

As he had found the letter which went on to describe information about the winnings, and shared how the company had ‘helped hundreds of lottery winners like you around the country receive a lump-sum payment for the present value of their future annual lottery payments’, he knew he had grounds to contest the money, and his right to a slice of the proverbial pie.

He took the matter to court, with proceedings revealing that Denise has actually mailed the original winnings cheque to her mum’s house, keeping it away from Thomas.

She was asked why she filed for divorce so quickly after she won the big prize, as she revealed that it was a convenient exit from the marriage, having looked for a way out for ‘several years’.

Speaking to People Magazine, Thomas revealed that he was ‘confused’ and ‘blindsided’ by the incident, saying: “She wanted me to move out of the house very fast. It wasn’t like her to act this way.”

Denise was stripped of her earnings after withholding the money from her husband (Getty Stock Images)

The judge eventually ordered Denise to pay her 65-year-old ex-husband, 20 annual payments worth $66,800 (£52,600) each, which totalled the value of her entire winnings.

Connolly Oyler, Denise’s lawyer, stated that she may have been able to keep the winnings if she was honest about them.

He explained: “I could have argued successfully that it was her separate property. Or we could have argued and we would have reached some adjustment. But the judge got mad and gave it all to him.”

This isn’t the first time lottery winnings have broken a family up, though, with a 92-year-old father choosing to take his daughter to court in Australia after accusing her of ‘coercing’ him into giving her some of his winnings.

It does seem like the lottery can bring about a number of problems, whether that be with your family, or you know, actually collecting it.

The National Lottery revealed to LADbible that a Powerball winner from last year still hasn’t collected their £500,000 prize – so it may be worth checking old tickets and looking at the official website to see if it could be you.

If it’s me – it’s been nice knowing all of you lot in my life, but I’m off to live in a sunnier climate and I can’t take you with me.Featured Image Credit: FOX / Getty Stock Image

Topics: Money, US News, National Lottery

Britt Jones

Advert

Advert

Advert

Published 10:35 4 Apr 2024 GMT+1

Lottery expert explains the big mistake winners make that waste their millions

He’s issued a stark warning to National Lottery winners

Anish Vij

A National Lottery advisor has opened up about the ‘big mistake’ jackpot winners often seem to make.

Andy Carter has witnessed over £2 billion worth of Lottery winners throughout his years as a senior financial advisor.

Over the last 18 years, the 50-year-old has helped more than 2,000 jackpot winners, who have taken home over £50k, organise their new-found wealth for the first few months.

The father-of-two introduces winners to financial experts who help with managing their money.

PA

Around 90 percent of National Lottery winners like to use the service Andy offers.

Andy says he loves helping people look after their fortune, telling This is Money: “If you can’t enter then this job is the next best thing.

“It’s a great job – you’re a part of someone’s life at a time which they’ll never forget.

“Winning the Lottery makes people happier – on the whole. It gives them more choice, but it can take a while to get there.

“One day I might be sitting in an 85-year-old lady’s house with a cup of tea and a piece of cake and she’s telling me all her old stories.

“But then I could be on a building site with brickies who want to ‘lad it up’. I have to be a chameleon.”

Throughout the years, however, Andy has witnessed the downfall of people when they become a lottery winner, from relationships breaking down to making issues at home even worse.

Getty Stock Image

But the big mistake, according to Andy, is when Lottery winners give too much away.

“Winners want to help everyone out and this generosity comes from a good place. But people should work out what they need first,” he explained.

“For example, if they have children under 30 and want to help them out with a house purchase, can they afford to do that and give up work themselves?”

Explaining how his experts help out, Andy added: “The experts look at your whole life picture and make a plan, then winners can work out how much they can afford to help others.”

Splurging the cash on a sports car or a too-lavish of a holiday is also a no no from Andy.

“Can you fit a pram in the back of a sports car? Some winners hire a sports car for a weekend and then realise it wasn’t all it’s cracked up to be,” he said.

“They want that fantastic holiday to spend time with someone, more than the holiday itself.”

Although, nowadays, Andy says ‘around 98 percent of our winners as very cautious with their new wealth’.Featured Image Credit: PA/Getty Stock Image

Topics: National Lottery, Money, UK News

Anish Vij

Advert

Advert

Advert

Updated 17:59 22 Nov 2024 GMTPublished 19:12 19 Nov 2024 GMT

Lottery winner revealed boss was ‘not happy’ as he resigned on the day he won huge fortune

Who would actually be pleased if a newcomer beat them to the grand prize?

Joshua Nair

Winning the National Lottery is a fantasy for many of those that play, but for a select few, it became a reality.

Today marks 30 years since the first ever National Lottery draw, with 7,400 millionaires being made as a result, and 30 of them have come together to celebrate the milestone.

Two of these winners are Brits Matt Myles, from Hereford, who took home £1 million back in 2014, and Jamie Heavens, from Bournemouth, who won the same amount in 2016.

Despite winning the same amount, the two went in different directions after taking home their lavish winnings.

Jamie is one of 30 winners that is sharing their stories on the National Lottery’s 30th anniversary (National Lottery)

Jamie found out about his winnings in a bizarre manner – he was on the way to his roofing job, and was having trouble finding a service station that would accept his fuelling card for his truck.

Finally, at the third service station he went to, a series of events would change his life forever.After getting in line at the store, he realised he had the wrong flavour drink, and he went back to change it.

Getting back in line, he saw that the man in front of him got a scratch card, to which he revealed that when he was 16, he bought a scratch card, though today the minimum age to buy one is 18, and won £100 after someone in front of him bought one, so it became a tradition.

Jamie bought one on this day in 2016, and won £1 million as a result.

Sharing the good news with his uncle, who he worked with, and the rest of his family, they were all sceptical until he got the official call to confirm his win.

The Bournemouth-based father went on to invest his money into a business, albeit after treating himself to a Mercedes GLA and his girlfriend to a BMW of her own. Not too shabby.

Matt was more extravagant in his spending (National Lottery)

Matt on the other hand, wasn’t even aware that he won, and had to find his scrunched-up ticket and check the numbers at 4am one morning in 2014.

On the same day, he told his family and then went into work to quit his job after just three weeks in the role.

He recalled: “People started to catch wind (of his win) a bit, I had a couple friends there that had obviously told people.

“But my shift manager at the time had actually been playing since the inception of the lottery, and he played every week as well – he’d never won, and it was only the third time I never played.

“Wow, yeah, he was not happy,” Matt recalled.

As soon as he won, he decided to go on a holiday to Bali with his friends, but as the funds hadn’t hit his account yet, he bizarrely had to take a loan from his dad to pay for the trip.

That wasn’t the end of his lavish spending though, as he revealed that he ‘walked into a Porsche dealership’ and went ‘that one’, which, like anyone else, he enjoyed, and that he threw himself a £30,000 birthday bash.

Matt also shared that he went travelling to Dubai, buying a table at one of the city’s exclusive clubs, as ‘it didn’t matter what the cost was’, as he explained: “It meant that the people that I was with at the time had the best night of their lives, and we still talk about it to this day.”

Jamie urged future lottery winners to have an eye on the future (National Lottery)

When asked about what advice they would pass on, Jamie said to enjoy yourself, saying: “It might be holidays, it might be cars, it might be buying a house – you can have your fun with it, but also, have a good chunk of it ready to set yourself up.”

Matt highlighted that ‘communication is really important’, adding: “Sometimes it feels like you’re going through this experience by yourself, because you’re the winner,

“If you don’t communicate your feelings and apprehensions, sometimes it can consume you a little bit,” he urged, explaining that speaking to family and friends ‘makes life a lot easier’.

After all of his travelling to the likes of Thailand, Brazil and Ibiza, Matt now has a car dealership business and is very much a family man, renovating his home for his children and wife.

Jamie has similarly opened his own breakdown business, with his family benefiting a lot from his win, as his son was born just nine weeks prior, and he married his wife Danielle in a £25,000 wedding.

But now, he has taken a step back from work and aims to get his football coaching badges, as he is currently working on getting his UEFA B coaching license.