>>62247392In canada that gets taxed on top of your regular income. If you have an old boomer job chances are you're already making $150k and will get taxed at 50%.This is why I don't work overtime and why canada is failing. Unlike europe those taxes don't go towards social spending and infrastructure improvements.. or maybe they do idk. like 50% of the population works for the government in some form so they don't even add product to the system.
This is bait
There is 0 taxes on gambling in Canada
Feel good
>>62247392think of the tax gains you get though, compared to the lump sum. 1000/wk for trhe rest of your life is a sweet fucking deal
>>62247392>Woman dumb enough to play the lottery sucks at making optimal financial decisions Shock of shocks
The average normie has zero impulse control and would immediately blow all the money on stupid shit like McMansions and Lambos. If she realizes it would all be gone in a few months then good for her I guess
Taking the long term payout over the instant lump sum is retarded. If you invested the lump sum smartly you could make 10x your investment by the time you get all your payments.But other anon is right, many lottery winners are complete retards and just blow everything. There is the recent lottery winner in the USA who won millions and within days for arrested in Vegas for assaulting a cop. He was likely high out of his mind. Apparently he has gotten arrested since then too. The lottery ruined his life because he has no impulse control.I remember watching a documentary about lottery winners like 20 years ago and they showed a guy who bought every color of Plymouth Prowler (pic related). It is one of the dumbest cars ever. They wanted it to look like a classic hot rod, but being Plymouth the gave it a weak V6 and it is automatic transmission only. One of the most retarded cars of all time and the lottery winner thought he needed like 8 of them...
It might be the better choice for her bcause that 1 million would probably go to a checking account lmao
>>62247765Jesus Christ...its like a pt cruiser on meth