Scoffers
Well-known member
If you won 88mil, the taxman would have at least a third of it away before you saw as much as 1p.
After all duties, SHOULD you decide to take the lesser-amount lump sum (as opposed to a yearly allowance of it that would amount to about 6 mil p.a.) you probably wouldn't even be left with the 50mil to put in the bank.
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Isn't it tax free !!
You'd get taxed on the interest of course, but I could handle that