A teen wins $5.4M lottery, but the thank-you gift he plans for his parents earns him the label of ‘selfish' – We Got This Covered
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A teen wins $5.4M lottery, but the thank-you gift he plans for his parents earns him the label of ‘selfish’

“It was all going fine until they started talking about the money.”

A United Kingdom lottery winner just took to the subreddit r/AITA to talk about some major family conflict. As he shared, he just won a £4 million prize (around $5.4 million), and noted in his post, “I’m 19M, my parents are 49M and 47F. Without going into too much detail and making this longer than necessary, I only waited around a week before I told my parents.

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“They were excited and so was I, it was all going fine until they started talking about the money as if it was theirs.” The parents immediately started making plans for retirement, boats, holidays, and world travel, all under the assumption that they were entitled to a massive portion of the winnings. When the winner asked for an exact figure, he was shocked by their response: “Stone cold face, they say half.”

This demand for £2 million caused a significant rift in the family, especially since the winner had already planned a generous gift of £750,000 for them. Reddit commenters blew up in the comments. Many of them sided with the teen, noting that the parents’ behavior is a major red flag. 

His excitement is what got him to this point

It is clear the winner had good intentions, but he now realizes that telling them so soon might have been a mistake. He explained, “And for the reason why I told them instead of keeping it a secret, I’m young and I was excited so I only saw it as a positive thing.” 

If Reddit is anything to go by, his takeaway might be valid. Many commenters on the platform agreed that keeping such news private is usually the smartest move. 

One user responded, “Not just the lotto, if you have money do not tell people. Savings, inheritance, investments, it doesn’t matter. There are way too many people that when they find out you have money, the first thing they think about is how to make your money their money.”

The financial side of this is also interesting and surprisingly mature. Instead of wasting it or making a bad decision, like investing in an illegal lab, the winner has made a financially sound decision and already moved his money into index funds to keep it safe.  

Comment
byu/Rayapt from discussion
inAmItheAsshole

According to Financial Interest, this is a “tax-efficient” form of investment. Based on the type of fund, and how the gains show up, it can be tax free. Additionally, since he is in the UK, The Accountancy notes that he does not have to worry about the complex tax issues that lottery winners often face in other countries.

He clarified this in an update to the post, stating, “To clear something up, I saw a few people talking about tax, since I live in the UK, lottery winnings are not taxed so I got the full amount.” Despite the friction, the winner is still trying to navigate the relationship with his parents. He notes on Reddit that “I was planning on giving them £750,000 as a thank you but when I mentioned that as a ‘counteroffer’, they got mad and started calling me selfish.”

Comment
byu/Rayapt from discussion
inAmItheAsshole

He shared that, “This argument has been going back and forth for some time now but a lot of the comments I read mentioned I should lower my offer instead of just letting them try to control me. I’ve thought about what I can do and they’re still my parents so I still do want to give them a portion of my winnings despite the fact they felt entitled to half.”

There is one thing the parents could do to relieve this tension. They could take a page out of the playbook of a Virginia woman and use ChatGPT to predict the lottery numbers. That way, they would have their own winnings.


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Author
Image of Jaymie Vaz
Jaymie Vaz
Jaymie Vaz is a freelance writer who likes to use words to explore all the things that fascinate her. You can usually find her doing unnecessarily deep dives into games, movies, or fantasy/Sci-fi novels. Or having rousing debates about how political and technological developments are causing cultural shifts around the world.