Canadian Grandmother Thrilled to Win $40K in Lottery - But It's $40 Million

SloMotion · 04-12-2013, 05:39 AM

Originally Posted by Crusader

Good for her! Hope she can manage to stay smart with the money and not go spend everything like some lottery winners do.

........ doesn't sound like it, she's already making plans on how to spend it ... but then again, $40mil is a lot to blow through ... and they don't pay taxes on lotto winnings in Canada ... what a country!

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"The first thing I'm going to do is look for a nice big new house. And then I'm going to pamper myself - buy new clothes for myself and my husband and buy things for my kids that I couldn't buy before," she said. "Now it's time to relax together with my husband. We never had a honeymoon, 30 years ago, so now it's time. We're going to Hawaii."

Crusader · 04-13-2013, 02:15 AM

Originally Posted by SloMotion

........ doesn't sound like it, she's already making plans on how to spend it ... but then again, $40mil is a lot to blow through ... and they don't pay taxes on lotto winnings in Canada ... what a country! .

Yeah I know but if she is kinda sane the things she is talking about is doable for $1-2mil leaving her with 38 left. If I received that much money I'd spend some but put say 75% in a locked account with good interest where I can't withdraw it until after a certain amount of time. That gives you a little time to thing on what you want to do with it.

SloMotion · 04-13-2013, 05:01 AM

Originally Posted by Crusader

Yeah I know but if she is kinda sane the things she is talking about is doable for $1-2mil leaving her with 38 left. If I received that much money I'd spend some but put say 75% in a locked account with good interest where I can't withdraw it until after a certain amount of time. That gives you a little time to thing on what you want to do with it.

I think I'd invest in grapefruit/avocado plantation, eh?

04-12-2013, 05:39 AM	#1
SloMotion 5000 POSTS! + Join Date: Jan 2012 Posts: 6,776 Blog Entries: 15	Re: Canadian Grandmother Thrilled to Win $40K in Lottery - But It's $40 Million Originally Posted by Crusader Good for her! Hope she can manage to stay smart with the money and not go spend everything like some lottery winners do. ........ doesn't sound like it, she's already making plans on how to spend it ... but then again, $40mil is a lot to blow through ... and they don't pay taxes on lotto winnings in Canada ... what a country! . "The first thing I'm going to do is look for a nice big new house. And then I'm going to pamper myself - buy new clothes for myself and my husband and buy things for my kids that I couldn't buy before," she said. "Now it's time to relax together with my husband. We never had a honeymoon, 30 years ago, so now it's time. We're going to Hawaii."

04-13-2013, 02:15 AM	#2
Crusader Resident Swede Join Date: Sep 2005 Location: Märsta, Sweden Posts: 8,051	Re: Canadian Grandmother Thrilled to Win $40K in Lottery - But It's $40 Million Originally Posted by SloMotion ........ doesn't sound like it, she's already making plans on how to spend it ... but then again, $40mil is a lot to blow through ... and they don't pay taxes on lotto winnings in Canada ... what a country! . Yeah I know but if she is kinda sane the things she is talking about is doable for $1-2mil leaving her with 38 left. If I received that much money I'd spend some but put say 75% in a locked account with good interest where I can't withdraw it until after a certain amount of time. That gives you a little time to thing on what you want to do with it.

04-13-2013, 05:01 AM	#3
SloMotion 5000 POSTS! + Join Date: Jan 2012 Posts: 6,776 Blog Entries: 15	Re: Canadian Grandmother Thrilled to Win $40K in Lottery - But It's $40 Million Originally Posted by Crusader Yeah I know but if she is kinda sane the things she is talking about is doable for $1-2mil leaving her with 38 left. If I received that much money I'd spend some but put say 75% in a locked account with good interest where I can't withdraw it until after a certain amount of time. That gives you a little time to thing on what you want to do with it. I think I'd invest in grapefruit/avocado plantation, eh? Crusader likes this.