Expert suggests ways to handle massive win
The dilemma of what to do with a huge lottery win is the stuff of dreams for most people.
But those lucky enough to have a huge windfall should plan for the future as well as readjusting to day-to-day life on their new, turbo-charged income, according to finance experts.
Joe and Jess Thwaite, from Gloucester, were revealed on Thursday as the winners of Britain’s biggest EuroMillions lottery jackpot of £184 million.
The couple, who are aged in their 40s and have two children, scooped a record-breaking £184,262,899.
Alistair McQueen, head of savings and retirement at Aviva, said: “Average household wealth in the UK is just over £300,000, including property, savings, pensions and everything else which is owned.
“Fewer than 1% of all households hold more than £3 million of wealth and so winning millions would lift most people into a very select segment of the population.”