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Tuesday 24 April 2018

Revealed: Here's how Irish Lotto winners spend their winnings

What would you do if you won?

Lotto winners have revealed their spending habits
Lotto winners have revealed their spending habits Newsdesk Newsdesk

Most people have speculated about what they would spend Lotto winnings on and now people who have been lucky enough to win have revealed their plans for the money.

A survey of Lotto winners (who nabbed prizes worth at least €100,000) has revealed some surprising results - including the fact that only 5pc said they would give up their jobs.

When asked how they planned to spend their windfall, 40pc of people said they would purchases a house as their first big spend.

For those who opted to stay in their own homes a walk-in wardrobe topped the list of luxury extras they planned to install.

Meanwhile, a hot-tub was next on the list of extravagant new features, followed by electric gates.

A luxury car is often on the wish-list for people compiling their dream spending sprees and for winners a Ferrari was the dream car purchase for 32pc of those surveryed. A Mercedes and an Audi followed as the second and third choice for winners.

This year 23 players have shared more than €108m in Lotto prizes - the biggest payout going to a Dublin work syndicate who scooped a massive 88.5m EuroMillions jackpot.

For more than half of all winners (55pc) it was the newfound financial security that was the most exciting aspect of their win.

More than 40pc of people won with a quick-pick, while more than a third had played their birthday dates.

It is hard to imagine letting a Lotto win pass without having a party to mark the occasion and 30pc of winners would hire Garth Brooks to perform ahead of U2 and Daniel O'Donnell (17.5pc of the vote each).

Garth Brooks.
Garth Brooks.

”For National Lottery players, a visit to the National Lottery Winners’ Room is a life-changing event. Everybody dreams of winning that big jackpot so when it finally does happens, they already have an idea of how they will spend their new found fortune," National Lotto chief exec Dermot Griffin said.

This weekend's jackpot is worth an estimated €7m.


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