For most people, it’s hard to imagine just how much $20 million is – well, not for the 30-year-old builder from a small town near Glen Innes who won big bucks in this week’s lotto draw.
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To put that into context, it’s more than three and half times the amount Glen Innes Severn Council will get in rates over the next 12 months ($6.5m).
And it could easily cover the $5.2m council-outlined spend on roads, bridges and footpaths in its 2016/17 Operational Plan.
But after popping the champagne, what do you do with all that money?
University of New England senior lecture of finance, John Anderson, said he would diversify his income by setting up various income streams (after the hangover subsided).
"You should look at bank shares and real estate, things that allow you to live off the income rather than spending the capital," Dr Anderson said.
"That way you know how much you have to live off. You basically have a pension for life and you never need to touch the principal.
"Keep it simple, go for publicly listed stuff. Buy a truckload of three-bed houses around the country and have them professionally managed.”
It's important that lotto winners "don't start thinking like multi-millionaires" – but if they want to buy a flashy Ferrari or Lamborghini, buy it second hand.
"Personally I'd go a Bentley, but the depreciation on those cars is too high to get a brand new one," Dr Anderson said.
And his other pearl of wisdom – stay away from businesses.
"You're going to have lots of people coming up to you saying they've got a great idea and they just need some money to get started," he said.
"Unless you're an expert in that area, leave it alone. Just because you like food doesn't mean you can run a successful restaurant that's going to turn a profit."
His final piece of advice for new multi-millionaires?
"Go and get investment advice from a good investment bank."
Mystery man could buy half of Glen Innes
If New England’s latest multi-millionaire is looking for ways to spend his newfound fortune, he has plenty of options.
With $20 million, he could buy 80 houses in Glen Innes – exactly half the 160 houses listed on the town’s residential market.
Glen Innes Ray White’s sales manager Brian Orvad said the price triangle in the town ran from $100,000 to $900,000, with the average price at $250,000.
"He could buy half the residences in town, what an amazing thing," Mr Orvad said.
"There is some really nice residential real estate in town ranging from $300,000 to $700,000. There are some really quality, upper market houses in that bracket."
The mystery man could buy an architecturally-designed house on 10 hectares a short drive from town for $800,000.
"He could even buy my place, it's on the market for $665,000 - if he gives me a call I'll happily take him through it," Mr Orvad said, laughing.
If he did want to invest in the local real estate, Mr Orvad said it would give the region's housing market a "real kick along".
"Hopefully because he's a local he will want to turn some of that money back into the local area and give the locals a spark," he said.
"If it was Newcastle or Sydney it wouldn't be the same, that community spirit wouldn't be there.”
Mr Orvad said he had previous experience helping people who had come into a lot of money get into the real estate market, but never anything this big.
“We’d be quite happy to look after him in that regard, we have about 100 of those listings - totally private of course, I’m like a priest,” he said, laughing.
Auto-play ticket for the win
The New England is abuzz with speculation and excitement on who has won $20 million in Tuesday night’s lotto draw.
Mystery surrounds the identity of the builder, aged in his thirties and who lives near Glen Innes, who purchased the ticket online.
OzLotto confirmed the lucky winner used an auto-play ticket meaning he didn’t even have to choose his favourite numbers.
The massive windfall has Glen Innes in a spin, with locals scrambling to find out who the mystery winner is.
Buzz in the air in Glen Innes
Guy Schafer from Schafer’s Newsagency in Glen Innes said there was a fair bit of buzz around as news spread.
“I would have loved to have sold it though,” he said.
“The person is very lucky and they’ll be doing very well from now on I’d say.”
Tiny towns talking
The tiny communities surrounding Glen Innes are all talking too.
Melissa Walker who manages the Glencoe Post Office and cafe said it was hot gossip.
“We do a 360km round-trip three days a week and gossip gets around, so if it’s someone in Glencoe I would surely find out about it,” she told Fairfax Media.
And further down the New England Highway, locals in Deepwater hadn’t heard anything either.
“I don’t know anything about it - I’d like to know him, though,” Deepwater Post Office manager Russ Hutchinson said.
“A tiny town? Well, we’re pretty tiny, but I haven’t heard of anyone winning any money.”
Donna Davis who has the Emmaville Newsagency was shocked at the news, which has got locals talking.
“Oh my god, really?” she said.
“There has been nothing on the bush telegraph.
“And the bush telegraph around here spreads pretty fast. It used to be, when the babies were born at the hospital, the bottom pub knew what baby was born and how much it weighed, 10 minutes before it was born, that’s how good the bush telegraph is here.”
Mystery win
A builder in his thirties "from a tiny town near Glen Innes” is $20 million richer after winning Tuesday night’s OzLotto.
NSW Lotteries confirmed the win was going to someone in the New England region.
The hunt is now on to find the lucky winner and where he bought his golden ticket.
If this gigantic windfall doesn’t make you jealous enough, apparently the man didn’t even need to put in any effort for it.
The “shocked winner” played a three-game standard ticket – which had been set to autoplay.
The other Division 1 winner from last night's draw was a man from Melbourne, who also purchased his winning ticket online.