Originally posted by Walter Mosca: With £1 million I would stick it in the bank, forget about it for a few years, and try to think of a better answer than this. In the meantime It may have risen to £1.25m or maybe even £1.5m thanks to interest!!
At current interest rates - I figured 4% - it will take more than just a "few years" to increase by 25%, never mind 50%.
About 6 years and 11 years, respectively.
And don't forget the taxes you'd have to pay on the winnings in the first place.
