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Anorak | Lottery winner’s millionaire son sues parents for more money

Lottery winner’s millionaire son sues parents for more money

by | 19th, May 2017

Can love be measured in cash? Michael Dawes was given a pot load of cash by his dear old dad. But he reasoned that dad should have been more generous. The matter game before the Beak:

A man who was given nearly £1.6m by his father after he won £101m in the Euromillions has had his claim for more cash thrown out by a judge.

Best check the will.

Michael Dawes, 32, took his father, Dave, and stepmother Angie to court after they stopped giving him more money. He claimed the couple had promised to ensure he and his partner, James Beedle, 34, would never have to worry about money again.

All depends on how much they spend, right? A £1.6 million  windfall tax free because it’s a fit is not a small sum of money. Spread over his working life 18-70, say and all things being equal, the sum gives young Dawes an equivalent income of  over £30,000 a year in today’s money. In April 2016 median gross weekly earnings for full-time employees were £539. Not too shabby, then, for young Dawes. Or he could invest the sum

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Posted: 19th, May 2017 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink