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How would you spend £7m?



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Published Date: 02 October 2008
Hannah Gray
FROM a yacht in the Med to our own Caribbean Island, we all dream about how we'd spend our fortune if we won the lottery. But for one lucky former King's School pupil, 18-year-old Ianthe Fullagar, winning is not a dream – she has scooped £7 million on EuroMillions.
Related:
King's School girl is £7m lottery winner, 1 October 2008.

We decided to find out what some of Peterborough's well-known faces would do with that kind of cash:

Chief executive of Peterborough Chamber of Commerce John Bridge insists that many things in his life would stay the same if he were to have a big win on the lottery.

He said: "Clearly I'd give a significant proportion of it to charity and I'd also give a considerable amount to my family, and I would keep just what I felt I needed to keep living the life I currently have.

"I enjoy the quality of life I have and I wouldn't want to spoil that by trying to do things with money that would take me away from the quality of life I do enjoy.

"People don't realise that a lot of money can be more of a burden than a benefit. The less you have the less you've got to lose."


John Peach, the leader of Peterborough City Council has some political ideas for his imaginary cash.

He said: "Well, it's very difficult really. I think I'd try and find a few good causes in Peterborough and probably spend some money getting Gordon Brown out of office because he's virtually bankrupted this country and the sooner he goes the better."

But he also has something more exotic in mind. He added: "If the technology was there and the price was reasonable, I'd love to go on a trip to the moon."



    How would you spend £7m?
    Comment below, email us: news@ peterboroughtoday.co.uk

    What you could buy with £7m:
  • 1. Eight Bugatti Verons: This super sports car will set you back around £800,000, so you could buy one for yourself and one for six of your closest friends.

  • 2. Nearly a fifth of footballer Robinho, recently bought by Manchester City from Real Madrid for a whopping £33 million. Guess it would have to be the feet . . .

  • 3. A round the world cruise with Cunard in the height of luxury for you and 32 friends. A 101 day cruise taking in, amongst other places, Portugal, China, Australia and Barbados can cost up to £215,819 per person.

  • 4. Your own island haven. Sportsmen's Island off the coast of Florida is 48 acres, and boasts four docks and a tropical forest. It is on the market for $10 million, about £5,616,719.

  • 5. Finally, a copy of The ET for every one of the 166,000 people in Peterborough – for the next 113 days!




Unsuprisingly, Natalie Martin-Loat, the regional manager of the Make-A-Wish Foundation UK, which grants magical wishes for children and young people fighting life-threatening illnesses, has some good ideas of how the money could be used.

"Gosh, what would I do with £7 million? Well, here's a few ideas but I'm sure I could think of plenty more. Firstly, I'd of course donate some of it to Make-A-Wish. On average it costs £4,000 to grant a wish, so I'd definitely be looking at sponsoring a couple of them at least.

"I'd have to buy a new car as all of the travelling I do for work has ruined mine and it's about time for a change. I can't visit the wish children with no car.

"Some would, of course, be given to family and friends and I think me and my partner would be whizzing off for Christmas abroad somewhere hot. I'd be a little sensible and put a fair bit of it in the bank for future investments

"Lastly, I'd hit the shops – a girl can never have too many shoes and handbags (think I'd have to buy a new wardrobe too).

Plus it's the Cambridgeshire Ball coming up in aid of Make-A-Wish so not only could I afford to buy a new outfit for that but I may even bid on the fabulous auction they have every year."

The full article contains 719 words and appears in Peterborough ET newspaper.
Page 1 of 3

  • Last Updated: 02 October 2008 9:44 AM
  • Source: Peterborough ET
  • Location: Peterborough
 
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Aussie In Peterborough,

02/10/2008 11:51:24
mmmm £7 million.... now who would go for option number 5...

><
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The Fool on the Hill,

Peterborough 03/10/2008 06:43:06
I note - as is the common parlance for such stories - that the lucky winner 'scooped' her prize money. I personally would be inclined to merely 'collect' it, or at the very least 'receive' it. However, it appears that all major Lottery wins have to be 'scooped' in order to become valid.

Whilst on the subject, I assume the winnings were a 'cool' £7 million? Again, the temperature of the winning total would be irrelevant to me, but Lottery rules state that all large winning have to be 'cool'.

Anyway, glad to see that she scooped a cool £7 million.
3

,

03/10/2008 11:31:30
Comment Reported Unsuitable By User
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