What would be top of the wish list if you won the lottery – a sportscar? An exotic holiday? Or perhaps something a little more practical like paying off your mortgage? Surprisingly, one of the most popular purchases for those lucky enough to pocket the jackpot is a caravan!

In a study of 3,000 National Lottery millionaires conducted by Oxford Economics, one in 10 confirmed that they purchased a new leisure vehicle with their winnings.

They might not have as much time as you think to enjoy their caravan though, as more than 40 per cent decided not to give up work following their unexpected windfall or turned their hand to volunteer charity work.

Other popular things that lottery winners have splashed out on include hot tubs, foreign breaks and new cars. 

It seems many winners wanted to retain their creature comforts however, as one in five chose not to upgrade their main residence and 70 per cent still do their own cleaning!

Whether you’re a lottery winner or you’ve simply saved up to buy a caravan, you can protect your purchase with Coast’s specialist touring caravan insurance. For an instant quotation call Freephone 0800 614 849 or you can buy caravan insurance online.

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