Luke Littler might earn £13million windfall ‘with no need to throw a dart once more’
Darts sensation Luke Littler could earn a whopping £13million without ever needing to throw another arrow if he invests his current career earnings well
Darts sensation Luke Littler could pocket £13million without ever needing throw another arrow again in his career.
The 17-year-old has made more than £1million in prize earnings across his career so far, which exploded last year when he made it all the way to the final of the PDC World Darts Championship where he lost to Luke Humphries.
In 2024 alone, Littler, who beat Ian ‘Diamond’ White on Saturday to reach the last 16 of this year’s World Championships at the Alexandra Palace, has made a whopping £811,000, meaning he has also shelled out £369,384 to the taxman too. Including his winnings from 2023, that means in total, the teenage superstar has paid £452,772 to HMRC.
Littler, who is set to play Ryan Joyce in the last 16, has plenty of partnerships with the likes of Target Darts and BoohooMAN. And, according to investment firm Saxo, Littler could earn £13million without never having to throw another dart in his career if he invests his money well.
“Luke Littler’s whirlwind of a year has seen his earnings skyrocket, tipping him over the £1million mark before his 18th birthday,” said Dan Squires, Chief Commercial Officer at Saxo.
“Under 18s have a tax-free ISA allowance of £9,000, which means he wouldn’t pay tax on any interest, dividends or profits made from investments made through an ISA account. From his 18th birthday, this allowance shoots up to £20,000, so he should be maximising his ISA allowance.
“Turning 18 next month, he’s now in a position to think about a variety of financial options, including investing and saving for his future. If he invested half of his career earnings today, or £500,000, into an index fund returning 7% annually, he would earn £36,145.04 in interest in the first year alone, around the same amount Brits earn on average each year working a full time job.
“If he leaves that £500k into the same fund for his retirement, at age 65, he would have £13,293,751.87 without ever throwing another dart again.”