grahamc Posted February 8, 2008 Share Posted February 8, 2008 thats going to be a s**t load of tax Quote Link to comment Share on other sites More sharing options...
jamesmark Posted February 8, 2008 Share Posted February 8, 2008 thats going to be a s**t load of tax We can see sense, but he is a very stongly minded person 82 and built it all, so very proud I guess., I have told him to sell it to me or Sarah for 50p but he is having none of it, plus afer 7 years iirc of being with someone civil law applies So Sarah is going to be a rich little girl, as her grandads estate is only being split 2 ways, John and his daughter. 82 year old and he is still up 30ft laders cutting a tree done. good man. Quote Link to comment Share on other sites More sharing options...
grahamc Posted February 8, 2008 Share Posted February 8, 2008 We can see sense, but he is a very stongly minded person 82 and built it all, so very proud I guess., I have told him to sell it to me or Sarah for 50p but he is having none of it, plus afer 7 years iirc of being with someone civil law applies So Sarah is going to be a rich little girl, as her grandads estate is only being split 2 ways, John and his daughter. 82 year old and he is still up 30ft laders cutting a tree done. good man. sounds an interesting person!! If I had of built a house and it was still standing, I would be proud as well!! really need to think about all these things, well in advance.... Quote Link to comment Share on other sites More sharing options...
grahamc Posted February 8, 2008 Share Posted February 8, 2008 back on topic, sort of.... what would you do if you did win £95 million, taxed or not? Quote Link to comment Share on other sites More sharing options...
jamesmark Posted February 8, 2008 Share Posted February 8, 2008 Firstly I would give my parents/sister money as I have not got a huge family., the I would buy one house but it will be a big one. Then basicly cars and holidays. I would still love to open and run a greasy spoon. Quote Link to comment Share on other sites More sharing options...
grahamc Posted February 8, 2008 Share Posted February 8, 2008 greasy spoon... I guess I would do similar, pay for my moms house. Send her on holiday.... Get my list of 10 - 15 - 20 cars and somewhere to keep them... travel Quote Link to comment Share on other sites More sharing options...
ivan Posted February 8, 2008 Share Posted February 8, 2008 You don't pay tax on lottery wins. The reason for the "normally" clause is that you could potentially get lumbered for tax if you win as part of a syndicate. In this case the win is paid to the syndicate organiser and passed onwards to the other members. If the organiser dies within 7 years the other syndicate members could be liable for inheritance tax as the "gifts" could be regarded as potentially exempt transfers. I'd not like to be the Chancellor that tried that one though... This is all "apparently" though. Quote Link to comment Share on other sites More sharing options...
Lbm Posted February 8, 2008 Share Posted February 8, 2008 And there you all were worrying about potentially paying out tax when you'd won millions Quote Link to comment Share on other sites More sharing options...
bigcol Posted February 8, 2008 Share Posted February 8, 2008 I would still love to open and run a greasy spoon. god bless you sir, there are just not enough greasy spoons left in this country:cool: Quote Link to comment Share on other sites More sharing options...
marbleapple Posted February 8, 2008 Share Posted February 8, 2008 LOL this thread is funny. Blokes getting upset about having to pay tax on thir Euromillions win (even though they only have a 76m-1 odd of winning in the first place). I have to pay tax on my winnings!!!? wtf! The answer is no. It is a one off prize and thus would not be taxed for CGT, income tax etc. The money also comes from a charity so I think that has tax implications. You might have to pay tax (or the receiver will) if youygive someone money if it is over the yearly allowance of that individual. As for inheritance tax you have to die first so who cares? I'd also like to calm you all down and suggest that if you had 95m many tax free havens would be happy to look after your money (and I'm sure many big banks could arrange this for you). Quote Link to comment Share on other sites More sharing options...
RiceRocket Posted February 8, 2008 Author Share Posted February 8, 2008 back on topic, sort of.... what would you do if you did win £95 million, taxed or not? 10 grand for every paid up member on this forum Quote Link to comment Share on other sites More sharing options...
marbleapple Posted February 8, 2008 Share Posted February 8, 2008 10 grand for every paid up member on this forum You just stated this in writing so I plan to hold you to that if you do win If I win you lot can go swing Quote Link to comment Share on other sites More sharing options...
marc_p Posted February 8, 2008 Share Posted February 8, 2008 I have something to confess......................I've bought six lines:blush: Quote Link to comment Share on other sites More sharing options...
marbleapple Posted February 8, 2008 Share Posted February 8, 2008 I have something to confess......................I've bought six lines:blush: Waste of money especially when I'm going to win. Quote Link to comment Share on other sites More sharing options...
jamesmark Posted February 8, 2008 Share Posted February 8, 2008 god bless you sir, there are just not enough greasy spoons left in this country:cool: I have to agree with you there. Quote Link to comment Share on other sites More sharing options...
Sheefa Posted February 8, 2008 Share Posted February 8, 2008 I'd give a good 80million away to charity and family and friends. Get myself a lovely place in Miami, buy a DBS9 and take a few brilliant trips abroad. I'd also learn to fly a east let. Quote Link to comment Share on other sites More sharing options...
MARTIN R Posted February 8, 2008 Share Posted February 8, 2008 ticket bought, would it change me.....You bet it would:d Quote Link to comment Share on other sites More sharing options...
Lbm Posted February 8, 2008 Share Posted February 8, 2008 What have I done?? Just gone out and bought 76 million lines. Bugger- no BPU this year if I don't win. Quote Link to comment Share on other sites More sharing options...
turbonut Posted February 8, 2008 Share Posted February 8, 2008 I'd rather spend my £1.50 on something longer lasting and more pleasureable......a bar of Green & Blacks Maya Gold Choccie Lx Quote Link to comment Share on other sites More sharing options...
DamanC Posted February 8, 2008 Share Posted February 8, 2008 You could buy 63333332 Green & Blacks Maya Gold Choccie if you won Linda Quote Link to comment Share on other sites More sharing options...
keancy Posted February 8, 2008 Share Posted February 8, 2008 I think they should let 960 people share. Plenty of happy people then. I bought three tickets. Quote Link to comment Share on other sites More sharing options...
RiceRocket Posted February 8, 2008 Author Share Posted February 8, 2008 10 grand for every paid up member on this forum Dammit. Note to self, never post messages in morning before coffee consumption I'm a man of my word, here are the winning numbers: 04 27 28 34 44 01 03 Quote Link to comment Share on other sites More sharing options...
marbleapple Posted February 8, 2008 Share Posted February 8, 2008 Dammit. Note to self, never post messages in morning before coffee consumption I'm a man of my word, here are the winning numbers: 04 27 28 34 44 01 03 will so laugh if you win tonight. Just to confirm is it £10,000 for every member at the time of winning or by the time you announce it on the board? (in which case all my family are signing up to this board 2 min after u win the lottery) Quote Link to comment Share on other sites More sharing options...
marc_p Posted February 8, 2008 Share Posted February 8, 2008 will so laugh if you win tonight. Just to confirm is it £10,000 for every member at the time of winning or by the time you announce it on the board? (in which case all my family are signing up to this board 2 min after u win the lottery) I think someones trying to get this legally binded:d Quote Link to comment Share on other sites More sharing options...
RiceRocket Posted February 8, 2008 Author Share Posted February 8, 2008 will so laugh if you win tonight. Just to confirm is it £10,000 for every member at the time of winning or by the time you announce it on the board? (in which case all my family are signing up to this board 2 min after u win the lottery) No, only present active club members, how many is this currently? Quote Link to comment Share on other sites More sharing options...
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