Saturday 20 July 2019

Irish EuroMillions win: Private islands, diamond-covered watches and lots of chocolate - what you could buy for €175m

Wealth, stock photo
Wealth, stock photo
The Irish winner of a EuroMillions jackpot has come forward (PA)
Kathy Armstrong

Kathy Armstrong

A VERY lucky Irish person is €175 million richer this morning, after they hit the jackpot in the EuroMillions last night.

Speculation is rife about who won the life-changing fortune after the person with the golden ticket contacted the National Lottery this morning.

As the person who scooped the fortune gets to grips with their incredible windfall they are perhaps thinking of paying off their mortgage, helping out loved ones and donating to charities.

With interest rates declining keeping your newfound wealth in a bank may actually lose you money so now may be a good time to plan a spending spree.

Here are some ideas for what they could get for their money:

Buy your own Paradise island

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Paradise... Photo: Deposit

Owning your very own tropical island no longer needs to be a fantasy for Ireland's newest millionaire.

Pumpkin Key Island in Key Largo, Florida is up for grabs for a cool €84 million, according to Sotheby's.

The 26 acre site isle comes equipped with a ten bedroom mansion, a marina big enough to accommodate a mega-yacht and tennis courts that also double as a helipad.

If Pumpkin Key sounds like too much of a splurge, another relatively cheaper options includes Isla Guafo, Puerto Montt in Los Lagos, Chile.

On the market for €13.27m, it is called a paradise private island by Sotheby's and is renowned for it's wildlife, which includes penguins and sea lions.

Get yourself some new wheels

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A Ferrari 250 GTO (Bonhams/PA)
 

Leave behind your Leap card and forget about your old runaround because getting from A to B is a lot more glamorous for someone with €175 million in their bank account.

A 1979 Ferrari 250 GTO was the most expensive car ever sold when it fetched a record $48.4 million ( €42.7m) in 2018 as part of the Pebble Beach Concours d'Elegance.

With €175m you could get the keys to four of these and still still have over €4m in change.

Invest in a timepiece

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The Graff Diamond Hallucination watch
 

Wearing the finest watch money can buy is part of many millionaire's image.

The most expensive watch ever sold is the Graff Diamond Hallucination watch was unveiled in 2014, with a jaw-dropping $55m (€49m) price tag.

The watch features 110 carats of really rare coloured diamonds, set in a platinum bracelet.

If this isn't your style, perhaps something more low-key like a Patek Philippe Rose Gold Nautilus 5980/1R-001, a favourite of Conor McGregor, would be more low-key.

Priced at €93,000, it is one of the most luxurious watches on the market and with your winnings you could buy 1,880 of them.

Satisfy by your sweet tooth with A LOT of chocolate

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Freddos
 

Freddos remain one of Ireland's most popular chocolate bars and currently priced at 40C are often seen as an affordable option to get a chocolate ifx.

€175m would mean you could treat yourself to 437,500,000 Freddo bars - maybe just leave some money for a dentist afterwards.

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