Where do lottery winners put their money UK?

[kayode10]

United kingdom is one of the regions in which the tax percentage on lottery winnings is usually high. there was a time a friend told me that there is a special place to put money in UK so that the government will not have access to it to remove task.

One of the questions I want to ask you guys is that Where do lottery winners put their money UK? I'll be glad if you can give answer to this question in the comment section below.

 

[Hardexy1]

Do you mean where the lottery winner keep their money after wining the lottery ticket, there bank of course that's where they will keep the money, because it's nit advisable to keep such an huge amount of money in the house, it will be very dangerous

 

[kayode10]

Do you mean where the lottery winner keep their money after wining the lottery ticket, there bank of course that's where they will keep the money, because it's nit advisable to keep such an huge amount of money in the house, it will be very dangerous

There are some banks that give you access to IRS to take charge of the account and the winner will not be able to access their money. They might come up with a little complain and they are going to withhold their account with all the money in it.

 

[James108]

In the United Kingdom, lottery winners have a few options when it comes to where to put their money. They can choose to keep their winnings in a bank account, invest it in stocks or bonds, or use it to purchase a home or other property.

 

[Qwert135]

They have all the options they mostly put their money in banks if they are rlder or in savings accounts young people might go for stocks or cars investors will surely go for stocks and some people might launch a new business indeed .