Lottery winners go for cars

Lottery winners go for cars

19 February 2010

Nigel Page, recent winner of the EuroMillions lottery draw, has said that he will use some of his 56 million pound prize money to purchase a new 4x4 car, probably a BMW X6 or a Range Rover .

Nigel Page, recent winner of the EuroMillions lottery draw, has said that he will use some of his 56 million pound prize money to purchase a new 4x4 car, probably a BMW X6 or a Range Rover .

His decision is not surprising. Based on a recent study, a new BMW takes second place as the most popular car purchased by lottery winners, while a Range Rover is at sixth place.

Mercedes-Benz is the most popular car model bought by millionaires, and the C-Class as the number one choice among lottery winners.

Vauxhall, which landed at number four in the ranking, might be considered as more of a surprise item in the list.

A new vehicle is also one of the very first items acquired by a lottery winner. Thirty-six percent of lottery millionaires head for a car salesroom before looking for a new house, and even before going on a high street spending spree.

Tom Naylor from the West Midlands won a jackpot prize of 15,528,286 pounds on the Lotto Extra in 2001. He had been a lorry driver at the time. According to him, he wanted to have a car for every day of the week, and that was exactly what he did. Naylor purchased a Rolls-Royce Phantom, an Aston Martin DB9, a Hummer, a Land Rover Discovery, and three Jaguars: an XJ220, XK and XJ.

Indeed, 13 percent of lottery winners have purchased a minimum of 10 cars since the time of the winnings, and winning households have bought an average of 5.17 cars.

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