Depending on your age, you may have seen the 80’s film Brewster’s Millions in which Richard Prior is issued the challenge of spending $30 million in 30 days… so he can inherit $300 million.

That doesn’t sound like too much of a challenge nowadays. And so, for a bit of fun in these hard times, we’ve updated the model and taken a look at 12 ways to outlandishly burn through a billion pounds.

We’ve got some truly fun and original ideas such as creating your own country (£200m) or offering Putin and Trump £50 million to wrestle each other. We also suggest getting Tarantino to direct a biopic of your life played by Morgan Freeman. Or if you fancy blowing all the money in 1 go, why not rebuild you local pub on the moon.

For a bit of added extra fun we’ve also invited readers to enter into our competition to show the most original 10 ways they would burn through £1billion.