A MAN has claimed that he won millions of pounds on the lottery, but is refusing to give his family any cash. The anonymous lottery winner, 24, explained that every month, he and his wife, also 24, get a lottery ticket. After many ‘no results’ messages, the man revealed that they finally won - and were stunned to receive a payout of £4.
2 million. He shared that after paying off their mortgage, car payments and debts, the couple were left with £3.7 million.
They decided to invest the money wisely, but he highlighted that his family were not happy when he revealed they would not be getting a cut. Posting on Reddit, under the username @ Grand-Signature-4590 , the man opened up on his lottery win and subsequent family drama, leaving many totally stunned. He wrote: “Every month we buy a lottery ticket for fun.
Well, we won big. “After the lump sum fee and taxes, we won around $5.6 million [around £4.
2 million]. “After paying all our debt (student loans, house mortgage, car loans) we had around $5 million [around £3.7 million] left.
“In case you don’t know, 70 percent of lottery winners go broke after a few years.” As a result, the man, who works in the financial sector and didn’t want to “work a real job again”, decided to be savvy with his winnings. He continued: “What we did was invest $3 million [around £2.
2 million] in a combination of mutual funds, REITs, and preferred stock funds for a very steady hands-off extremely low-risk solid return approac.