A EuroMillions winner could be set for another massive pay out after he shrewdly invested part of his winnings, according to reports.
Steve Thomson has apparently put away a proportion of his £105million jackpot in a trust run by the Queen’s bank, Coutts & Co.
He’s invested the winnings in stocks, shares and property as he doesn’t want to squander it in the same way others have done – a move that has earned him the nickname ‘Mr Sensible’ among friends.
A trust worth £30 million could earn the former white van man £90 million in 20 years, The Sun reported.
Dad-of-three Steve won the Lottery in 2019 with wife Lenka but did not rush out to splurge the winnings.
It took him a year to upgrade from his three bedroom terraced house in Selsey, West Sussex, to a £4.5million estate in Kent.
Reports at the time said Steve’s new home came with a swimming pool, tennis court and party barn while the house itself had two kitchens, six bedrooms, five reception rooms and a games room.
But the former builder, who continued to work in his window and conservatory business after the windfall, pledged to do all the DIY in his new home himself.
He also gifted sizeable donations to local causes including a cricket club, medical surgery and sons’ school.
Massive Lottery wins have not always brought happiness to recipients.
Michael Carroll infamously blew his near £10million jackpot on alcohol, drugs, gambling and prostitutes in the early 2000s.
Coutts’ trusts are usually used by the rich and the famous to put money aside for children and grandchildren.
A friend of Steve’s told The Sun: ‘The truth is there has been massive pressure on Steve and Lenka since their amazing win.
‘Dealing with that sort of money and planning for not only your children’s future, but generations to come, is a hard task.
‘Steve is Mr Sensible and determined he doesn’t end up like Michael Carroll, skint and broken.’
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