Fancy buying a slice of paradise tomorrow? The £58m Lotto jackpot tonight is Britain's biggest ever. And we've come up with some VERY tempting ways to spend it 

  • Fingers crossed for the Lotto jackpot of £58million - Britain's biggest ever
  • But how would you even start spending that enormous amount of money?
  • Here's a helpful list of tips for things to buy, in case you need a few ideas 

So how would you spend £57.8 million? With tonight’s Lotto jackpot standing at an all-time high, SARAH RAINEY has some very alluring suggestions to fuel your millionaire fantasies, from a Grand National winner to diamond-encrusted high heels...

A CARIBBEAN HIDEAWAY

X Factor judge Simon Cowell owns a £22 million villa next door to the prestigious Sandy Lane resort in Barbados, so with this kind of money, you could buy the two adjoining properties and have money left over to snap up his £10 million townhouse in West London, with £3.8 million left to redecorate.

If you’d prefer somewhere closer to home, why not pick up a couple of £27 million estates in the Cotswolds? The Beckhams have just paid that much for a Grade II-listed ten-bedroom mansion in Stow-on-the-Wold. Or there’s Formula One heiress Petra Ecclestone’s £58.26 million Hollywood home, which boasts its own nightclub and cinema. Although slightly out of your price range, as a cash buyer you could surely negotiate a £460,000 discount.

Treat yourself: Apo Island in the Philippines will set you back £46.6 million — leaving you £11.2 million to build a hotel on it — although there’s no electricity or water, and it’s covered in shrubs

Treat yourself: Apo Island in the Philippines will set you back £46.6 million — leaving you £11.2 million to build a hotel on it — although there’s no electricity or water, and it’s covered in shrubs

YOUR VERY OWN ISLAND 

You'll struggle to fit in among your new friends unless you have a private atoll to your name.

Apo Island in the Philippines will set you back £46.6 million — leaving you £11.2 million to build a hotel on it — although there’s no electricity or water, and it’s covered in shrubs. Chris Krolow, of Private Islands Inc, says he has helped lottery winners buy islands in the past. ‘People are generally seeking privacy, luxury and relaxation,’ he adds.

As for getting there, you’ll need a private jet — and although after buying the island the Gulfstream G280 is out of your reach at £14.74 million (at businessair.com), you can console yourself with an Airbus H15 helicopter (£6.82 million).

A SUPER-DUPER YACHT 

You’ll need a yacht — or two — though sadly the likes of football boss Roman Abramovich’s £1.5 billion superyacht are out of your league.

More in your bracket is the 208ft Polar Star, brokered by London yacht firm Camper and Nicholsons, on the market for £41 million. It comes with a gym, sauna, spa and cinema, and sleeps 12.

Caroline White, of Boat International magazine, also suggests the 236ft superyacht Axioma, yours for £50 million. ‘You’d have change for a few new jet skis,’ she adds — or eight Dragon submarines (£975,000 each). ‘Or you could simply charter her for £384,483 a week — as model Kendall Jenner did last year.’ Paying that, you could keep sailing non-stop for two years, 46 weeks and three days.

Plain sailing: ou’ll need a yacht — or two — though sadly the likes of football boss Roman Abramovich’s £1.5 billion superyacht are out of your league

Plain sailing: ou’ll need a yacht — or two — though sadly the likes of football boss Roman Abramovich’s £1.5 billion superyacht are out of your league

THE HOTTEST WHEELS 

If you’re a petrolhead, your first choice is likely to be a Bugatti Veyron, the ultimate status symbol with a £1.38 million price tag. Join the likes of Tom Cruise and Cristiano Ronaldo behind the wheel — with this kind of cash, you could buy 41.

Park your new wheels in Britain’s most expensive parking space, a snip at £494,000, where your prized possession will be kept under 24-hour surveillance in an underground complex in Kensington, West London. There’s even £726,000 left for petrol.

Hot wheels: Park your new wheels in Britain’s most expensive parking space, a snip at £494,000, where your prized possession will be kept under 24-hour surveillance in an underground complex in Kensington, West London. Pictured, the Bentley Bentayga

Hot wheels: Park your new wheels in Britain’s most expensive parking space, a snip at £494,000, where your prized possession will be kept under 24-hour surveillance in an underground complex in Kensington, West London. Pictured, the Bentley Bentayga

A STELLAR STEED

Traditionalists may prefer to spend their well-won cash on something with four legs, not wheels. Monbeg Dude, the horse part-owned by Zara Phillips’s husband Mike Tindall, which won last year’s Grand National, is worth around £200,000. You could even stretch to 289 thoroughbreds — upping your chances of bringing home another trophy.

LIVE IN A RITZY HOTEL 

Escape from humdrum January to the world’s most luxurious hotel room — the Royal Penthouse Suite at the Hotel President Wilson in Geneva, Switzerland. With panoramic views of the Alps, 12 bedrooms and the biggest TV screen in the world, it will set you back £44,590 a night. In fact, you could stay there every night for three years, 201 days.

If that’s not A-list enough, there’s always Richard Branson’s Necker Island — favourite holiday spot of Kates Winslet and Moss — which you can rent for £39,000 a night, or just over four blissful years.

HOST A ROYAL WEDDING

The most ostentatious way to splash your cash: a lavish get-together for your nearest and dearest. The grand opening of the Atlantis Hotel in Dubai in 2011 cost £30.8 million, while Topshop tycoon Sir Philip Green spent £6.5 million on a four-day 60th birthday party in Mexico in 2012 — you could do this eight times over.

Or you could have bankrolled the Royal Wedding, said to have cost around £47.9 million, leaving £9.9 million for a party for Prince Harry.

Splash the cash: There are a lot of enticing ways to spend £58million, but a private jet is always useful

Splash the cash: There are a lot of enticing ways to spend £58million, but a private jet is always useful

Luxury living: Where better to store all your other purchases than a spectacular country mansion and gardens

Luxury living: Where better to store all your other purchases than a spectacular country mansion and gardens

DAZZLING JEWELS

Diamonds are a multi-millionaire’s best friend — and only the biggest will do. The Chopard ‘Blue’ is the largest flawless blue diamond in the world, auctioned at Christie’s for £14.5 million in 2014. If more existed like it, you’d be £200,000 short of being able to buy four.

There’s also the Graff ‘Pink’, sold for a staggering £31.5 million in 2010.

Men may prefer a luxury timepiece, specifically the Patek Philippe Caliber 89, made from 1,728 components and worth £3.5 million. You could buy 16, leaving £1.8 million for 63 £28,250 Rolex Daytonas.

TRACEY EMIN'S BED 

You could only buy half the infamous reclining nude painting by Amadeo Modigliani, recently sold to a Chinese billionaire for £113 million.

But modern art fans could buy Tracey Emin’s controversial work My Bed (sold for £2.2 million in 2014) 26 times over — and still have £600,000 left for a cleaner.

Artistic: Modern art fans could buy Tracey Emin’s controversial work My Bed (sold for £2.2 million in 2014) 26 times over — and still have £600,000 left for a cleaner

Artistic: Modern art fans could buy Tracey Emin’s controversial work My Bed (sold for £2.2 million in 2014) 26 times over — and still have £600,000 left for a cleaner

MAKE MOVIES! 

Film buffs could take their winnings to Hollywood, using it to bankroll a blockbuster. The £57.8 million winnings are roughly equivalent to the production cost of the 2015 film Minions, but less than half of those for the new Star Wars film (£137.2 million), so you’d have to cut back on special effects.

POSH CLOTHES 

Victoria Beckham’s brand has been valued at £60 million, so you could buy the lion’s share and fill your wardrobe with Posh’s dresses.

Or buy 267 pairs of the world’s most expensive shoes — £216,000 diamond-encrusted heels by Birmingham-based House of Borgezie (with £128,000 left for foot rubs).

GET A TOP KITCHEN

Forget Tom Daley’s £59.99 magic multi-functional frying pan (though you could get 963,494 of those); with this kind of money you could replace that ageing Aga with a La Cornue Grand Palais Stove, the crown jewel of luxury appliances, which starts at £32,385, or the Meneghini Arredamenti refrigerator — a brass-handled, glass-shelved fridge costing £28,072 — and have enough left to do up your other 19 houses, too.

Cooking up a storm: Forget Tom Daley’s (pictured) £59.99 magic multi-functional frying pan (though you could get 963,494 of those); with this kind of money you could replace that ageing Aga with a La Cornue Grand Palais Stove, the crown jewel of luxury appliances

Cooking up a storm: Forget Tom Daley’s (pictured) £59.99 magic multi-functional frying pan (though you could get 963,494 of those); with this kind of money you could replace that ageing Aga with a La Cornue Grand Palais Stove, the crown jewel of luxury appliances

FEAST ON FOOD

Your expensive tastes are likely to extend to the dinner table.

The ‘Glamburger’, invented last year at the Honky Tonk restaurant in London, contains Canadian lobster, Kobe beef and black truffle brie and comes in a golden bun — yours for £1,100. You could eat it every day for 14 years, share the pleasure with nine friends and still have £1.59 million for chips.

If it’s just that morning caffeine hit you’re after, £57.8 million would buy 23.6 million medium cappuccinos from Costa (£2.45 each), or enough for 64,635 years.

INVEST IN APPLE 

Your winnings won’t buy you a tech giant, but you could snap up a small share — 0.01 per cent of Apple (valued at £480 billion) or 0.1 per cent of Facebook (£58 billion).

GIVE IT ALL AWAY

Philanthropic types could pay off a third of the national debt of Equatorial Guinea (£197.7 million) or 4 per cent of the national debt of Estonia (£1.49 billion). Closer to home, £57.8 million amounts to 6 per cent of the NHS deficit in England from April to June 2015, or nearly 10 per cent of the cost of building a new hospital.

...AND IF NOT 

Why not buy another 28.9 million lottery tickets — and try your luck all over again?

Additional reporting: William Turvill 

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