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October 22nd, 2012, 09:42 GMT · By Raluca Anghel

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Check Out How Lotto Millionaires Spend Their Winnings

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Bob Bradley, 83, gave his fortune away to children's charities, after winning £3.5m ($5,6 million) in 2006 Enlarge picture - Bob Bradley, 83, gave his fortune away to children's charities, after winning £3.5m ($5,6 million) in 2006
The National Lottery in Britain has made 3,000 men and women millionaires so far. For the occasion of reaching this milestone, a study by experts at Oxford Economics showed how the winners spend their winnings.

Since the lottery was started in 1994, £8.5 billion ($13,6 billion) have been given away in the UK. Apparently, 80 percent of the people that won over £1million ($1,6 million) gave up their jobs. Of the 3,000 millionaires recorded so far, 10 percent bought a caravan, 30 percent acquired hot tubs, while 32 percent still wouldn't stay in five-star hotels while on vacation.

According to the Independent, 7,958 homes have been bought with lotto winnings, which equates to 2.7 properties per person. On average, winners spend £900,000 ($1.44 million) on a home. A third have fitted their residences with walk-in wardrobes, and 22 percent have had game rooms built.

Most have chosen to buy new Audis and Range Rovers after hitting the jackpot. The US, the Caribbean, Dubai and the Canaries are the most popular holiday destinations for the nouveau-riche.

Some choose to invest the money they win. One in seven lottery millionaires have started their own business, currently employing 3,195 people.

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