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

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?

04-13-2013, 02:15 AM	#1
Crusader Resident Swede Join Date: Sep 2005 Location: Märsta, Sweden Posts: 8,049	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	#2
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.