People are upset she didn't take the $1 million lump sum. What do you think anons? Are you taking $1m upfront or $1000/week for life?
>>535307749Buying a (((lottery))) ticket is financially illiterate
>>535307749How long is she expecting to live
>>535307749Does Canada take a huge chunk out of the lump sum like America?What about the instalments do they take a chunk out of that?
>>535307749
>>535307749if you win/took 1M then sudenly all your distant and close family would appear with begging and "i wont survive without that small startup money of 100k"now she can pretend that all she have is some "spending money" that she didnt keep
>>535307830She's 58. She needs 19 years of weekly payments to equal $1m. That doesn't take inflation into account.
>>535307749She's a gambler, if you gave her a million bucks up front she'd probably lose it all by next week. >>535307830Sure as shit not 1000 weeks lmao
>>535307832It's tax free, the loto itself is a tax on retard.
>>535307749Lol what a retard
Tax situation?
>>535307749Depends if she expects to live longer. 4k a month is a good deal of money.For the average person who doesn't care to invest it it's not a bad gig to just not have to work.
>>535307958In America, when a retard wins the retard tax, we tax them again just because they're retarded so they hardly know any better anyway.
>>535307749Didn't we have this post already?It doesn't matter.
1 mil x 5% annual interest gives you 50kThat’s almost 1000 per week (as year has 52 weeks)She’s a fucking idiotCould’ve had her 1000 per week and leave 1mil to family as inheritance
>>535307749She should have taken the million and invested it and she could have made $52k a year in dividends and still had the million.
If you can transfer the payment once after you die the 1k a week is the best option of you jave kids
>>535308016Is the lottery run by the government in America?
>>535307749The 1M would have been better, she's 58, but she also knows her life and herself better than any one. A thousand a week is peaceful retirement money, that means no family, friends, neighbors, are going to ask her for money. No one is going to try try to kidnap her, or seduce, marry, and then kill her to get the money. She's living on a budget, no splurging on expensive bottles of her favorite wine, no trips to Jamaica where she's a sugar mamma for some muscly black man with dreads. She's got a good 30 or more years of absolute peace and relaxation to look forward to.
>>535307964There is no tax on lottery winnings in Quebec. The Canada Revenue Agency (CRA) and Revenu Québec consider lottery prizes to be windfalls, meaning they are completely tax-free and do not need to be reported as income.
>>535307922you're an idiot. this anon explains why: >>535308034
>>535308048Of course you cannot.
>>535307832All lotteries in Canada are tax free / exempt, whether as alimony sum or instalment. So are casual sports betting winnings (if you’re a professional gambler .. like pro poker player .. where a significant portion of your income is betting, then it’s considered taxable employment income). Also the “cash for life” isn’t actually for life .. it’s $1k a day for min 20 years, or $7m lump sum. (If you die before the 20 years are up, the estate gets whatever remains as a payout).
>>53530774910k a week and live like a king in SEA
>>535307814This.I worked in a shop that sold lottery and scratch off tickets, always the usual crowds that bought into it.-effectively nobody below the age of 45 engaged in it-bunch of barely functioning old fucks who seemingly do it only out of pure habit-old fucks who've convinced themselves in the magic of choosing certain numbers or tickets-mouth-breathing blue collar workers that think it's the smart way to free money-whole lot of south-east asians for some reason-addicts who spend like 20-30$ a day on this nonsense(immediatly putting any small winnings back into the game)-etc.Never have I seen a well dressed adult with a seemingly good job buy into this.Also, I'm completely bamboozled by the guys who come in one day smugly bragging about their 300$ win after spending 500$ the very same month.Literally idiot tax.
>>535308246nvm I'm retard it's 1k1M then
>>535307749>Woman>Can't into basic economics More at 11. Dumb bitch lol
>>535308304>whole lot of south-east asians for some reasonOmg the Filipinos and the lottery. They're obsessed. They even gamble at church.
If I was going to have my name and face publicly published, I would go for the $1000 tax free a week as well
>>535308048Eventually minimum wage people will be making 1000/hr you dumb fucking retard.
>>535308304I worked in a family run convenience store in the middle of nowhere. This is exactly what everyone is. Though, I did have a regular who told me she created a separate bank account and would track her winnings/losses. I thought that was pretty high IQ for a gambling addict. Kek
>choose one million upfront>get murdered in your sleep or have "relatives" show up asking for moneyShe made the right choice.
>>535307749A guaranteed check and zero risk, better than internet coins and paper promises.
1,000 weeks = 19.2 years. Using Canada's average inflation rate of roughly 3% annually, in the nineteenth year $1,000 is worth about $560. The lump sum $1M invested in a boring index fund at 7% average annual return over 19 years becomes approximately $3,600,000.
>>535308463An interesting point. What about taking the million and creating an annuity that only pays out the invest gains? You could probably make $70k a year on average without touching the million.
>>53530774920 years to get 1m, she’s not going to last that long, she fucked up. This bitch has at best 10 good years in her. I hope her kids are angry.
>>535307749>and some people have some strong opinionsI fucking hate the neoliberal west.
>>535308503You have risk of inflation in the future/opportunity cost.
>>535308680thats a very mid opinion
>>535307749Why so many people act as if she’d be receiving 1m if she had chosen the 1m option? Wouldn’t the CRA end up with almost half of it?
take the 1,000, buy lottery tickets one week scratch offs. then next week ,pay your rent. its freaking awesome
>>535307749At any moment lottery can just change its name and stop paying her anything.
>>535307749>illiteratemaybe she thought this would encourage her to live healthier?20 more years is not daft
>>535308703That's true if you're a young guy who has 50-70 left.
>>535308034>1 mil x 5% annual interest gives you 50kWhich bank on Earth gives that atm, retard?
>>535308179You sound vaxxed.This anon explains using an example how much more the total worth generated by 1mil really is>>535308566
vax status?
>>535308757We do not tax lottery winnings
>>535307749Taking the $1 million and investing even half of it into the S&P 500 will generate $50k a year assuming a 10% return plus she has the other $500k to do whatever she wants, she's an idiot. Of course that isn't factoring taxes which would be higher with the lump sum but you get the idea.
>>535308825I checked on Reddit to see where this OP is getting info and now I'm seeing conflicting info.
>>535308791Anon our rent is $3000/month
>>535308706It's the way people write nowadays, it really gets to me.
>>535308990the decision is even easier than you think becuase canada has no tax on the winnings even lump sum. there is literally zero reason to take the payout in 20 year weekly installments in canada. at least in the usa you could argue that 40% gets stolen in taxes if you take the lump sum but shit is fucking stupid to not take the lump sum in cucknada
>>535309056yeahi see your point. she cant even buy a new car. she cant get repairs on her house. she c ant do much of anything , she has to wait for it. a few months but still.
>>535307749in 20 years 1000 dollars wont even buy you a popsickle.
>>535308997Different girl but I'd still take the lump sum at 20.
>>535308566>invested in a boring index fund at 7%Pointless at her age. Dividends would make more sense than trying to maximize her payout when she's 77.
>>535308997I'm noticing a pattern. I'M NOOOTICING
>>535308428>separate bank account and would track her winnings/lossesKind of pointless for addicts. No matter how far in the red they are, it's all just fictitiously compensated by that "big win" that will surely happen before they strike rock bottom.
>>535309262What's the difference
Boomers don't do stocks. They put all their money behind a couch and only take it out to go on cruises.
>>535308391Filipinos, Chinese, and Greeks are another level
>>535307749She could've taken the million and bought a nice Bentley. $1000 a week is chump change.
>>535308034You don't get 1 million, the govt takes like half. So it takes 10 years and she is 58 which means in 20 she will have doubled it plus her tax bracket is lower the entire time. She comes away with more money in the long run with smaller payments over time.
>>535309304Maximizing income vs. overall wealth.The old hag clearly wants to be selfish and have more money each months to splurge, instead of being rich when she's about to croak.
>>535309491Can't you just sell your index fund gains?
tl:drIt's always financial illiterates win these games, because only financial illiterates play them.
$52k/year is a livable working class salary. Less than most boomer's retirement.
>>535309485$4,000/month is good money, or it was.. I make $900/week after taxes and I work 50 hours a week.
>>535308127>A thousand a week is peaceful retirement moneyAlso because she's a gambler (lotto is gambling), she can't really be tempted to lose it all in trip to Vegas with the 1K choice. It may not be as financially sound as collecting the compounding interest off of 1M lump sum, but it's guaranteed retirement that is rest assured. Honestly I can't say that I blame her.
>>535309485The govt does not take any of it here in Canada.
>>535309544She's have to pay capital gains tax in Canada, no?If she makes at least 4k each month (the equivalent of her chosen option), she'd pay 30% of 2k, effectively getting less if the 1k per week payout is untaxed.
>>535308127>A thousand a week is peaceful retirement moneyYep... Maybe she's been burned by bad investments or she knows she's not particularly money smart. So she doesn't want to juggle an investment account. No one will bother her about it either. Plus the full 1m payout is inheritable too so her family get it even if she dies in a few years.USA lotto has the a lump VS 20 year issue to it also at around the 5m-6m or lower range. The lump is based off price of a 20 year bond for full amount. You pay fed but not state taxes in most states. So huge 20m plus you take lump. 5m? Ehhh might better off with 20 year due to tax issues. Being 5m lump is more or less $3.2m after fed taxes. Sure you could invest and let's say 5% and get $160k+ a year. Except now you're paying state and federal on it. Where as 5m over 20y is $250 a year minus only federal or around the same $165k. Dodging the 12% or so state tax hit.
>>535308428There was a woman that bought a gas station as a retirement income platform. One day she got it in her head to scratch off every single lottery ticket in the wheel, thinking that it would at the very least pay for itself. Nope. The wheel was 300 thousand and the winnings was 100 something thousand, and she was S.O.L. over night when the lotto commission demanded the full payment for all the used tickets.
>>535309752Ok but the principle is untouched.
90% of gamblers quit just before winning big
>>535308052Yes it pays for education
Would
>>535307749>take the lump sum>invest into Equity Index Annuity >only draw profitsOr better yet>continue standard of life>money keeps doubling every 7 years
>>535309846Amoranth?
>>535307749Kind of all depends on whether her shitty $1000 dollars a week, Fiat currency, has any value in 20 years, or even five years? That's the risk here, once a gambler always a gambler.
>>535307981She can't gamble it away either, but all of it immediately.She can gamble 1000/wk for the rest of her life.Maybe she'll put 100/wk on roulette 00 until it hitsMaybe she just won't work anymore.>chances are she'll finance it away and je broke
>>535308304>>535308391>>535309398lmfao i knew filipinos would be involved. those little niggers love gambling/lotto/sweepstakes/POGO
>>535308866Treasure bonds. I least in my country rates go from 6 to 7% currently on your monthly, quarterly, semi-annual and annual, no profit tax payments either.
>>535309072>usa you could argue that 40% gets stolen in taxesUSA lump sum amounts are also getting lower as bond rates go up. Being it's based off a 20 year bond. That why the current 277m mega millions is a $120m lump. Fed tax knock that down to amount 80m. First world problem of course but yeaaah $277m!.....and here is you 81m.I mean you still take the lump but there is some level of marketing BS to lotto wins in the USA being it's not $277m in your pocket. Then you have the $13m or so life time gift exception. Where you can give money tax free but past that you pay the tax on the gift. Not you should be giving it away but you can just win 300m and throw 10m each on say your two bothers and parents. As you would pay fed tax on 17m of the 30m gift
>>535308566Even beyond that she would make more with $1M in investments.With that money she could create a tax structure have a tax shelter ( IE make a corporation that as the single share holder pays her in dividends ) that would save her more than the $1K a week = $52K a year.
>>535310223Your country could collapse any day. So could mine.
>>535309933At 5% ROI, she gets some roughly 960 Canadian geese for the million. If you add taxes, she would clearly lose money compared to the 1k a week option.You'd have to find a really good investment for the mil to offset the capital gains tax.
I'd buy a carwash and drive my classic car there every day and hangout with my car buddies.
>>535310457Anon you're not touching the principal. I'm trying to tell you that.
>>535308304>Never have I seen a well dressed adult with a seemingly good job buy into this.My brother who has a very good paying job buys one euromillions ticket every week, he knows he will never win but he buys it because "the world is an awful place and the ticket is something to have some hope for even if its false hope", he always plays the same numbers because he just shows the same sheet every week to the clerk, that way he doesnt waste time ticking random boxes every week.
>>535310403In reality what she should do is set aside 650k by maxing out all her tax advantage accounts. The tax advantage accounts go to broad index. The remainder goes into a tax investment vehicle acc that splits it up between more broad index and then higher growth.While she continues to work and do what she wants. And then also blow through and spend the 350k remaining on whatever the fuck she wants because we all die in the end.
>>535308957but you do tax interest and capital gains and there is a risk of loss with any investment that returns over 5%. obviously she can get more money by taking the lump sum and investing it but theres also something to be said for not having to deal with any bullshit and just get a free 1k everyweek.
>>535309563what do you do anon
>>535310615Are you accepting new clients?
>>535310453Like any other day.
>>535307749>realize you are financially irresponsible and would immediately throw away 1 million on trash>take the option that makes you set for life regardless of irresponsible spendingAnd this makes idiots on the internet seethe that she take the lump sum and invest it into the stock market instead. Not everyone has the willpower to invest properly.
>>535310453what would happen to the quebec lottery in that case?
>>535310403setting that up is not free nor is it without risk. start on the wrong day and she could lose $200k overnight
>>535308034You're an idiot. She's a gambler. She knows if she got one million she would spend it in a year. Periodical smaller payments means that will never happen to her.
i didn’t win the lottery but I came into a lot of money very quickly and all of a sudden there were lots of people who wanted their cut. My dad had a regiment of wagies looking after various things so i made a very simple list of who did what and how much it all cost, then i got rid of them allThey were all exceptionally upset and every single one of them insisted how important they were to various ends and I saved an absolute fortune every year by not having this gaggle of freaks suck up to me. My dad liked it because he made his money in the 80s and back then you had to do things like wear a suit and shake hands and have a Filofax and a V12 Jaguar but cigars aren’t cool anymore and neither is paying some scumbag thousands of pounds a year to “look after” some investment It’s all nonsense
>>535309485Canadian lottery wins are not taxed
makes sense.it's probably a better deal tax wise.and after 20 years it's pure profit.
>>535307749If the 4k/month are adjusted to inflation every year I'm taking it over the million.Simple as.
>>535307749This woman is either going to die at 60 or live to be 110. I hope it's the latter just to fuck (((them))) over.
>>5353077491m, invested into really just about any "extremely safe" investment scheme would give you more than 1k a week purely on interest/growth/dividends.
>>535307749>>535307830>>535307832>>535307832The actual reason why is (hopefully) that she recognizes she'll do something super retarded, like most people, if given a fortune right away.You give the average person a million, they'll blow it on dumb shit. You give the average retard here a million, they'll "invest" it in a scam or their shitbox portfolio and lose most of it.Better to just make enough a week to never have to work again.
>>5353077491000 a week for lifeuse it for ads and day trading
>>535310842Also this. This is probably the first reasonable decision she ever made in her life. She was never in a million years going to put it into something that worked. It was going to go on holidays (poor people love holidays and it’s the main reason they’re poor along with car leases), then it would get spunked on some crossover and extending her house that she still has decades left on the mortgage withThis is why paying off your mortgage and getting rid of any debt is the move for 99.99 percent of people. You aren’t Gordon Gekko. You’re not going to “invest”, you don’t have the stomach or the patience or the connections for it. If you come into money use it to make your life as comfortable as possible and that means paying off your mountains of debt>heh but if you put that money into a tracker for 24 years you’d have eleventy billion dollars more than what you would have if you’d paid your mortgage and credit cards offThese “people” can’t think more than 24 HOURS ahead. Why the fuck would they suddenly start thinking decades ahead when they literally never have, and now they’re “rich”?
>>535307749most lotteries tax the initial $1 miillion higher than the $1k per week. 1 million is int he 45% tax bracket.. where as 52k is in the 15% bracket.
>>535311038>trusting banks and the economy and shitGame is rigged, unless you're nobility or grossly rich (they) will find a way to fuck you over and wipe your account clean. It's better to live with less and not worry about their schemes, waking you in the dead of the night having nightmares about the money grabbers. Big fortunes are for babies fuckers in cahoot with demons.
>>535307749If you have no self control, the stipend is the better option.It keeps you from binge spending and making stupid impulse buys (like more lotto tickets). Perhaps she knows herself better than random internet yappers. Extra 4k a month is comfy , safe, and easy to manage. Also you dont have some huge lump sum to draw scavengers and mooches and scammers.
>>535307749She's getting just as much money as every single mutt nigger that fell off the back of a truck 20 years ago and hurt their ankle which allowed them to get 100% VA coverage.
>>535307749That her decision, but I don’t think she’ll survive the 20 years needed to collect all of it. Also the closing house processing it might go out of business.
>>535311038No it won’t because:>these people are chaotic with money>they will not stop thinking about that money because they have literally never had more than a few hundred in an account during their entire adult life>it will get cut down in weeks for “essentials” like a cruise, the new Toyota RAV4, trips to see some relative they haven’t seen since 1993 and other banal shitWhat you are doing is like saying “not doing heroin is a better idea than doing it”. Of course it is. You aren’t some genius for stating that. But to a heroin addict you’re completely wrong
>>535311052this, 4k a month on top of what I make at work? alot of my little financial problems would cease to be a problem at all and my nest egg would begin to explode12k every 3 months without busting my ass for it?im ordering wagyu beef nachos at the Ritz Carlton
honestly i think this is a high level normie move, poor impulse control and low iq would literally just waste 1 million, taking it in installments provides a slow and adaptable increase to your quality of life
>>535310604There are some lottery systems where it sometimes is cost-effective to play. Fixed chance type ones where each ticket has the same price and the same possibility of winning, but the prize pool keeps growing and growing until someone wins it. There becomes a point which the cost per ticket > win probability * payout. There's also math related to their payout pattern... but it ends up, for powerball, to be something like > 500m it ends up being profitable to buy tickets. This has only happened a few times, two of which in the same year in 2022. They also keep adjusting the win probabilities, so that 500m number probably has changed since.
>>535311052You're describing your own financial illiteracy and projecting it outwards
>>535307749>People are upset she didn't take the $1 million lump sumbecause people as a whole are pieces of shit and they know it's hard to milk her this way.intuitively they know it's not lucrative, people doing this. much better if someone takes the lump sum and you start working them in the hopes of getting it. that's where it comes from, people angry they cannot theoretically steal her shit, so they manifest this way. it's a self-snitching thing, they see it as a wasted opportunity
>>535311334you're irish, you'd drink gamble and whore that million away in a couple years
>>535310604Buying lotto tickets here and there is fun for dream plans that come with it. The issue is the compulsive gamblers. Like I've seen guys buy $20 tickets, only scratch off the one inch barcode area and have the clerk check if it won. I've also picked up $$$ stacks of degenerate gambler tickets at a local store and entered them into the 2nd chance drawing with my phone. Never won of course. Who buys $100+ in tickets just to play in the store? Degen gamblers. I'm not a fan of gov limits but gambling in the USA is way to easy and pervasive now. Sports betting. Indian casinos. Fancy LCD touch screen lotto ticket dispensers. It's too much.
>>535311378Lot of projecting in this thread
>>535307749How is this political?
>>535311334>boomer woman with lottery ticket addiction that finally came good is going to be fiscally responsible and wiseanother classic from the people’s republic of Reddit
>>535311334>You're describing your own financial illiteracyMost people are just incompetent with their finances. That's why people rush to submit their taxes day of, but also, the only people winning the lotto are gamblers.You're just exposing yourself as a big fucking drunk retard that isn't white.
>>535309485>You don't get 1 million, the govt takes like half. So it takes 10 yearsin that case wont it take half of the 1000 so that it is 500 a week and we are back to 20 years?
>>535311334you are irish, you would literally drink yourself to death in a week of having a million dollars, you would be found face down in a pile of cocaine with empty whiskey bottles strewn about the floor and two dead hookers with needles in their arm on the sofa
>>535307749If you take 1 million you get taxed up the ass and you'll lose most of your money and you will have poors begging you for money, unable to comprehend how much 1 million is so they think you are loaded.1K a week is good. Even with inflation, even if it takes years to get 1 million, you live comfortably.
>>535310951>woman is either going to die at 60 or live to be 110There is a 2nd one too, Brenda Aubin-Vega, but she's 20 and kind of hot.. So the internet went all rabble rabble again..
>>535311243>>535311318I'm relatively sure you could figure something out with some "financial advisor" so that it would be legally impossible for you to take more than 1k/week out of it for the next 20 years.... but it's still under your ownership and gaining you capital.There's some BS that my parents and aunts and uncles are involved in with my grandparent's inheritance. If any of them want to take chunks out from it each year, they all have to agree on how much. Otherwise it just sits in a low-risk investment portfolio accruing interest. Seems kinda like a similar sort of concept.
>>535311468if you take it in installments you get all of itif you go for one big payout the irs jumps
>In Quebec, lottery winnings are generally not subject to income tax, meaning you receive the full amount without any mandatory taxes. However, any income generated from investing those winnings, such as interest or dividends, is taxable.
>>535311392>I've also picked up $$$ stacks of degenerate gambler tickets at a local store and entered them into the 2nd chance drawing with my phone. Never won of course. Who buys $100+ in tickets just to play in the store? Degen gamblers.You should keep them. Gambling losses (including scratch tickets) can be taken off of taxes if you itemize. Might be worthwhile to have a few grand worth of "useless wasted scratchers" laying around for each year...
>>535311543>financial advisorconsultants cost money retard.you only hire those types when you inherit a few hundred million, a giant estate, and your uncles Castle in the Andes and dont know what to dofinancial consultants make more than mortgage bankers, they are not cheap
>>535311499In 10 years (halfway) the purchasing power of the nominal 1000 will be cut in half or worse.
>>535311517>>535310951does "for life" come with caveats?>is there a max number of weeks?>inflation>currency changes>lottery goes bankrupt or shuts down>she says something dumb online and gets cancelled>other ways to technically fulfill the agreement but without being in the spirit of it at all
>>535311658There's really no boilerplate sort of thing for this now? You'd assume that with inheritances, lotto winnings, lawsuit payouts, etc, this sort of thing would be kinda commonplace and pretty much routine for the most basic of accountant lawyers.
>>535311645thanks for the tip, I will start collecting discarded lotto tickets now
>>535311732you could just go to warrior forum and learn like I did, or ask a financial attorney if they give consultations.you do not want one full time unless you are very, very busy and cant be bothered to Scrooge grind your own books and have plenty of money to throw at the lawyers to take care of it for you.
>>535307749How exactly is this a political topic?
I'd take the lump sum and accept the tax hit these days because I don't have much confidence in the system remaining stable long enough to pay everything out. If it was 20 years ago I'd take reoccurring payouts but now it seems better to take the cash and reinvest in assets like property. I don't play the lottery though beyond as a lark maybe once every year or two with my family all spending 20 bucks when the jackpot is obscenely high.
>>535311152So the million would be 550,000 after 45% tax.Taking in weekly payments with 15% tax, would make the total prize sum 850k.So she receives 1000 - 15% per week, that's 850/per week550,000 / 850 = ~647 weeks to catch up with the lump sumThat's about 12.5 yearsThen she'll receives 300,000 on top of that (850k vs 550k), which would take about 19 years in total.Mind you that the option is 1000/week, which would be 4500/month. 54k a year. As an hourly pay rate, ~$26/h (assuming 40 hour work week) doing nothing.But it's all Canadian Dollar1 CAD = 0.73 USD = 0.63 EUR = 0.54 GBP
>>535311319Yes I believe that is a subject in math called "Game Theory". It's optimizing your resources the same as they do in games.
>>535312222You neglected to consider inflation eating away at the purchasing power of the 1000 dollars.
>>535308149Wow. Land of the free!
>>535313190
>>535308304This pic suggests that lottery players have a spare penny.The reality is that they all use a fingernail.
>>535307749>What do you think anons?She's retarded not taking the million upfront.
>>535307749You should always take the money since the lotto could go bankrupt.
>>535308866>Thinking in terms of savings accountsngmi
I buy a few crossword scratchers every now and then because I like to carefully uncover the words with fine-tipped woodworking tools, and I more or less break even. My grandparents won a half mil Powerball 20 years ago and not one bit of it was used wisely except to pay off existing debt.
>>535307749>>535307749Taxation on 1m vs taxation on 1k every week thats 4k a month.
>>535311052smart for her, perhaps. if she's 58, she should have achieved whatever was written for her in the stars. she can relax and stop working, live healthy and long modestly. a million isn't that much these days. younger people would want to use it for some kind of own business. or several. i'd probably buy a place where family, friends and business could be based. plus a bit of land around for the horses. kinda have that already though and don't play ze lotto. used to be a thing one did to support a cause, not really in hopes of winning.
>>535308997$1M CAD put in a bank at current rate would generate $47.5k per year in interest. It would take just less than 20 years for the $1000 a week to equate to $1M. In a term deposit the $1M upfront would be worth just shy of $2M by the 20 year mark.If you used the $1M to buy a property, you win the mortgage game, and win at life. That house goes up 5-20% per year and you never pay rent or mortgage again.
>>535313443yeah, id take the whole amount. turn it into something that isn't losing value every moment.
>>535307749Women should be banned from winning the lottery. It should go to their male relatives
That $1000 is going to be worth practically nothing by a decade from now. She should have taken the lump and then invested it or something.
>>535313614>>535313759even at 30% tax rate, just slapping that 700k CAD into the US Stock market, in the safest SPY/VOO ETF will regularly net you ~15-20%/yr1k$/wk is retarded
>>535314048>~15-20%/yrLmao, sar. You are a ceo? Jeet means winning.
>>535307749Smart. Good for her. Most lottery winners end up wasting their money. 1k per week is more than enough to cover expenses.
>>535309946They say that but it isn't true. The government contracts the operation to "legitimate italian businessmen" as contractors. I know I was in class on how to run one of the state issued and the guy holding class was clearly connected. At in NYS that money is nowhere to be seen and ever increasing property taxes are to account 99% of the various school districts operating funds along with federal grants and I guess some of the state grants are partially funded by the state gambling but again these school are real shit.
>retardate canuk doesn't understand INFLATION>about-to-go-extinct barren foid doesn't know that the CanIndian dollar is the most over-inflated currency in existenceWomen should be barred from possessing money.
>>535314088for the last 10 years, yes it's been averaging that.
>>535314048yes, but look at her. she would have to find an 'advisor' for this, pay them and still possibly lose a lot. if it's her in the photo then she has been disappointed a few times. the bank would probably suggest investments. none of which would yield the phantasmo return you mentioned. main benefit of taking the lump is, it would enable her to buy something larger that has value and holds it. a good house if she doesn't have one. thing really is, when you suddenly gain a mill, others will ask you for money. it tends to ruin friendships and family.
>>5353078302 weeks
>>535311901>is this a political topic?It's about money, taxes, stock market systems, inheritance taxes and inflation issues. It's 1000x times more political themed then all the chasers endlessly posting trans bs or incels posting how all women are trash.
Niggers and indigenous "people" would extort, rape, and murder a 60-year-old woman whomst they discovered suddenly had $1 million in the bank. She was smart as fuck. Nobody is going to hit up somebody making $52k a year.
>take the $1m>put it all in long-dated government bonds at 5%>receive the same $1k per week in interest, but with a bonus $1m at the endStupid.
>>535307749She’s an idiot if it’s a true $1M lump sum. You can get better than 5.2% returns with a safe portfolio. Your annual income is basically the same plus you keep the $1M. If your moderately financially literate the lump sum is better. If you have no impulse control then fixed payments might be better.
>>535313075I would choose the 550k as a lump instead of 850k over 19 years.I wouldn't trust anyone else holding my money in any other situation either. There's too much that can go wrong over time. Also 550k allows investments that 1000/week doesn't.And no, I do not save any money I'm not willing to lose in my bank account.
>>535307893>begging familyObviously is you're not a low-iq retard like this chick you would (A) inform NO ONE that you won the lottery, precisely to keep beggars, thieves, whiners and bullshitters out and (B) you would have gone for the million and compound it with investing, rather than taking a thousand a week that's just gonna deteriorate because over time of jewflation. >But i can invest that thousand tooYeah, you can, but you won't because you're dumb. Also, starting your investments with a million upfront will get you on track much faster than doing a thousand bucks weekly. It will take her 20 years to get to the million based on weekly payouts by which time about half of it's purchase power is eroded due to jewflation.
>>535308034How do the taxes work though?
>Take the $1,000,000 lump sum>Put it all on black
on second thought, 1000 shekel/month might be a far better choice than 1 mio now. If you cinch a good building loan agreement you could get your hands on a very nice house without any worries and get much more out of your jewish lottery win.
>>53530886630 year treasuries are over 5%. That’s safer than a bank. I wouldn’t do that if it were me, but you could lock that rate in today if you wanted.
>>535307749I'll take the thousand a week. if you take the million the government and everyone else will tax it so hard you'll be lucky to keep 300k
>>535313885Ya for me I'd probably immediately buy out a cheap house (I don't want much). Despite what some think there are still fairly reasonable priced homes just not in places people want to be. I'm wfh so it helps me a big time. After the outright purchase I'd be somewhere around 450k remaining. So just fill all tax advantaged accounts and then probably put about a years worth of expenses into something that does generate atleast some. Whatever is left do whatever. I don't want much in life but this would all protect me.
>>535314395Buddy. You understand this only works out to your yoy percent return by buying constantly over time. If you just put the entire lump sum in at once you're not going to get your projected yoy return....
>>535314945Ya. Even in your scenario you are hurt by inflation. But you still have something to recoup anyways. If you just take the 1k a week by the end of it the 1 million is just gonzo. There is a reason these people would prefer to pay you that weekly allotment...
>>535316856Not in Canada you don't no.
>>535307749$1k a weeker here. I'm a gambler, that's why I play the lottery, but I'm self-aware enough to know that I have very poor impulse control. If you gave me a million flat, I'd blow it all in a couple years and be right back where I started. Dont care about inflation or compound interest or any of that shit - I don't think that long term anyway, obviously, if I'm blowing money on gambling to begin with.I got a $10k payout one time when a job fired me. It was gone in six months. $1M would be far worse. Nope. Give me regular small payouts so I never have to work again a day in my life, thanks.
>>535311468Progressive taxing means the more you make, the higher the tax rate. As Leafs have pointed out, she's in Canada and lottery winnings aren't taxed there, but in many countries, $50k is taxed at a much lower rate than $150k.
>>535317093Do you genuinely believe that the average person can sit on a million dollars/pounds/maple dollars/eurocoins and not spaff it on random shit?They clearly cannot. What you are doing is trying to explain to a glue sniffer why sniffing glue is bad. They don’t care, they’re going to sniff the glue. If you put a million in the bank of some wagie (or in anything else) it will be a matter of days before they plunder the lot). Much like the drink driver who is smart enough to chuck his keys behind the bar, she knows she can’t control herself and went for the infinitely better option
>>535317303A lot of people here are longterm thinkers, which is great. However, they're talking to gamblers, who by definition are not fiscally intelligent people, trying to explain how to be fiscally intelligent. It's a losing battle from the jump.They also think gamblers aren't aware that they're being stupid. Of course they're aware of it.
>>535317142>It was gone in six months$10k in six months is nothing anon why are you acting like that's significant?>>535307749Because lotto winners go bankrupt and this way she won't have any family begging for gibs.Shut the fuck up and stop being retarded. People live in the real world and a million dollars isn't enough for shit. You'd still have to work anyway, so why bother getting it all at once? This way she can work whatever job she wants and gets a stable $52k/year baselineshut the fuck up and quit criticizing lottery winners kek
>>535307749It's not that bad, obviously 50 years ago the smart play would have been to put your $1M directly into the stock market. But if you are this financially illiterate she would probably blow the money and forget about taxes. Even current 30-year bonds yields (5.123%) just about break even. any investment oppurtunity over 5.33% returns and you don't take the $1k/week. And we just reentered a high yield era.
>>535307749Smart move
>>535317303I mean, speaking as an average person I'd probably just pay off my immediate debts - student loans, medical bills, mortgage, put maybe put $100K in my retirement account, and then just dole out the rest out to my immediate family.A million dollars is still potentially life-changing, but it's not like hitting a $100M Powerball or anything. Don't forget, we're still living in a time where the average "starter" home in the West is like a quarter of a million dollars.
>>535317457>10k in six months is nothingI live in what you would call an "economically depressed" area of the country, and work menial labor. 10k is five months of income for me. I'm glad that you're better off though! Must be nice to have the freedom of spending, because I definitely don't.
>>535309846Woman moment
>>535307749Knowing your limits just mean that you have strong insight.Good for her
>>535307814Buying TWO is financially illiterate
>>535307814Nobody buys them to be financially literate fucking retard. They’re for fun when you have a little extra cash to blow. “Noo don’t have fun you must invest” fuck off schlomo
>>535307749I have never purchased a lottery ticket or scratch card in my life. No lie. I once picked a horse in the Grand National (from a newspaper) when I was 13, and my granddad placed the bet. The only people, I know, who play the national lottery are elderly relatives (boomers). My children, who are in their early 20s, do not gamble. I just hope betting/gambling dies out with the old bastards who engage with it. Such a horrible vice.
>>535311430How do you know she’s an addict? Again, projection. She very well could have walked in and bought her very first lotto ticket and won. Playing more doesn’t really mean you’re going to win the odds are so low
>>535307749>something happens>"PEEPOO HAVE STRONG OPINIONS"its all so tiresome
>>535308149Unless you get the $1000 per week then it becomes taxable income.
>>535307749so many reasons to take the lump sum instead. 1) she would have to live another 20 years and 40 weeks to arrive at $1 million in payment - and that does not account for inflation/cost of living adjustment which will devalue future weekly payments below $1000 in 2026 dollars; 2) there's no guarantee she will be alive next week let alone 20 years from now; 3) even if she has to surrender a chunk of $1 million lump sum to capital gains tax, she can still make 6-7% annually on investing the remaining amount into index funds or something. my guess is she is a childless widow with no family member to advise her properly
>>535318836Lots of poor younger folks do it too. Gambling is popular when the economy sucks - it seductively offers a way out of poverty. That it requires no effort is the seductive part about it, and also the biggest lie.What I'll never understand about it though is boomers that gamble - they've got plenty of money, they're not in poverty, they don't need more money. Then again, boomers are the most wicked generation in history; being consumed by vice is sort of their trademark.
>>535319095Perhaps she isn't interested in dealing with all the taxes, financial planning, investing, and other such burdens that come with a large lump sum.Lots of people rent, even when they could afford a house of their own, because theu can't be arsed to do all the maintenance and tax codes and regulations and such. It's very common.
>>535319962The lump sum isn't taxed but the annuity payments are.
>>535307749This is dumb. 1k twenty years from now has less value than 1k today due to inflation. Might as well out all that in a time deposit or something else. They are taking advantage of her financial illiteracy.
>>535307749>take 1 million>put in some S&P 500 account>get at least 5% on average per year>5% = 50k>50k = ~4k/monthyeah idk seems mega retarded to take 1k for life instead of 4k for life
>>535307749There is no situation where it makes sense.
>>535311267>4k a month on top of what I make at work?Here you would pay 50% tax on that 4k additional income.She is the reason why we voted in a liberal government a record 4 times, soon to be 5th time. Canadians are cattle.
>>535307749/Pol/ couldn't handle the nuance of why 1k a week is better
>>535307749takes 21 years to get to 1m.i would have taken the m upfront after doing the math.
nice house in germoney is 300k. thats some 450 sq ft house. then you have 700k left for whatever, should be enough until youre dead.when a woman enters your life though, this wont cut it.
How does the taxation work out on 1 million lump sum vs 1k a week? I wouldn't be surprised if half of the million would be taken in taxes while the 1k per week hits such a low bracket they take like 100 per week
>>535322897It's 1k per week. break even is 5.33% which is about current 30y tbills.
>>535307749it'll something like 20ish years to recoup the million dollars. That's a mighty big gamble judging by that photo and the current state of affairs. Trading in an opportunity to make life-changing wealth for a measly 52k/yr is not exactly a smart choice. But then again, nobody has ever accused leafs of being intelligent.
>>535324184quebec is actually tax free for lotteries.
>>535322954If you were 21 or so, 1000 weeks is only 20 years. You would be plus on the amount, financial illiteracy notwithstanding, by the time you were just over 40. That is the only time it even comes close to making sense. At her age, it's wildly stupid and explains Canada. Maybe she thinks Alberta is paying it.
>>535307749Probably some tax bullshit, like if you take the lump sum, they immediately take 60% off you
>>535324271oh? then I guess I can't read and it's much better than I thought. The flexibility of the million is still higher but I guess if you don't want to pay attention it's whatever then.
>>535324358However if I win lottery from foreing game I have to pay 32% tax from that sum to my country....if I hide it and get caught I get 2 years in prison and tax is double.
>>535311052This. People are seething but it's a fucking boomer grandma. She would have lost it to an indian within a few months max.Being a boomer she doesn't need to buy a house anymore. The only reason to invest the money would be for dividends to supplement a pension, basically. That's exactly what the $1k/week gives, but guaranteed, with no investment risk, no portfolio management, and no risk of getting jeeted out of it because your boomer ass got a call from microsoft tech support.The only argument in favour of the lump sum would've been as an investment pot for her kids and grandkids. Which is noble, but I frankly expect less than 0.1% of boomers to still have the mental capacity to manage something like this successfully, not fuck it up, and actually succeed in passing down a nest egg to their grandkids intact. I don't blame her for not taking the plunge.
>>535307749The more interesting question is how many weekly payments will she need to break even on what she's spent on lottery tickets?
>>535307749>taking little bites VS Government taking 50% of the 1M in taxesBased.
>>535307749she will get wrecked by hiperinflation of collapsing US empire
>>535324508>>535325378Why do you niggers never read the thread. It's been explained countless times it's not taxed
>>535308304yep.the worst for me were old women buying 40 scratchcards at once for $150 and winning $30. come in the same day next week to collect the $30 and drop another $100+. wordless and emotionlees beyond choosing their next purchases. goodbye, money!
>>535325739She will be a target by kidnapers and scammers. See the stories of all those bragging about having cripto
>>535308034>Could’ve had her 1000 per week and leave 1mil to family as inheritanceWhich gets taxed AGAIN? Are leftists that retarded as to suggest large sums should be taxed twice?
>>535307749The way taxes are applied would be very important information, but generally speaking, an investor can double his money every 5-7 years. So if she got the million and was able to sit on it, then she could be very well off in a few years as she gradually stops reinvesting dividends and starts taking it as a residual income
>>535307749She probably thought she'd become a target for kidnappers or family who would ask for money.She's betting she will live over 77, so I guess that's a gamble. If she makes it past 77 she gets more than a million.She still gets 4k per month, not bad at all. But if it happens that she dies earlier, nobody gets shit. So I guess that's kinda based, why should they inherit that.
If I stumble upon a ticket (as I'd never buy any, ever) and it happens to have 1k a month for the rest of my life or a million. I'd also choose 1k a month.I can make 1k last a month so in essence I can retire and start living life instead of slavery!
>>535328555It's 4k a month.
>>535307749She is retarded: has to live 20 years to even claim the full amount, by then it gets inflated to oblivion, compared to getting the full sum now and investing it into relatively safe assets.Only real usecase for this is crackheads who would blow the full sum on stupid shit in a week, even then all it does it makes it a weekly routine until their organs give up eventually.
>>535307814trvke
>>535307749Clearly financially suboptimal.I can imagine if you don't trust yourself with the money or you don't want moochers fucking with you it could still be wise.
i make a thousand a week in dividends
>>535307951>Sure as shit not 1000 weeks lmaoThat's 20 years.
>>535307749Aslong as she lives for the next 21 years she would have made more then taking the lumpsum And even with that extra 48k a year I would have worked still and just used that to pay all my bills and invest the money from my job and cap out my 40k1 and roth every year
>>535326438when petrodollar collapses it will be worth nothing, she could put half mil into gold and spend the rest
>>535307749If you've ever gone from broke to millionaire to broke again then you'll fully appreciate that her decision wasn't so bad.
>>535326438>She probably thought she'd become a target for kidnappers or family who would ask for money.Why would your family even have to know? Anyone who is claiming the ticket in their own name is a retard. Hire a lawyer, incorporate, have your corporation claim the ticket with no connectio to your name. But double-retarded is getting $52,000, instead of $1 million up front which (in interest alone) would earn about $50,000 a year. She is simply too nigger-brained to live.
>>535315377Lottery winners are published in Canada. Its part of the deal when you claim your money. >>535316381
>>535309485Canadian lottery winnings are not taxed like American winnings.
>>535332935>Lottery winners are published in Canada.Yes, and they're welcome to publish that "Lottery Winning Corporation of Canada, Inc." won the lottery. If they need a face to go with it, a lawyer can be hired as an employee and officer of the corporation and take the picture with the oversized check. This is stupid. You are stupid.
lotteries are rigged. have you ever noticed how no based person, never even one time, has won the lottery? no avowed racists, no one whose going to use that money wisely to dig themselves and their race out of the hole theyre in. they take their photo, and theyre never to be seen again. theyre not buying up newspapers or some website youve heard of. theyre not starting a business. theyre just ghosts.>"Newly resurfaced reporting shows that a trust linked to Jeffrey Epstein hit an $85 million Powerball jackpot in 2008, shortly after Epstein was jailed in Florida on prostitution-related charges.>According to reporting by Reuters, the winning lottery ticket was connected to Epstein’s Zorro Trust, one of the opaque financial entities tied to his wealth.>At the time, Epstein had already pleaded guilty in Florida to prostitution-related offenses involving a minor and had begun serving his controversial jail sentence. Yet during that same period, a trust associated with him was receiving a massive lottery payout.>The revelation has reignited scrutiny over Epstein’s finances and the complex web of trusts and shell entities used to hold and move his money.>For years, questions have surrounded how Epstein was able to maintain and grow his wealth even as his criminal exposure increased. The Zorro Trust has previously surfaced in litigation and investigative reporting as part of the structure controlling Epstein’s assets.>While the existence of the lottery win does not, on its own, prove wrongdoing in how the ticket was obtained, the timing and secrecy surrounding Epstein’s financial vehicles continue to raise serious concerns.>Epstein died in federal custody in 2019 while awaiting trial on sex trafficking charges. His estate remains the subject of ongoing legal battles by victims seeking compensation.>Follow for more updates. Comment if you want deeper dives into Epstein’s money trail and trust network." as if you needed any more evidence
>>535325739Reading is for cucked niggers, Pratesh
>>535334655It's always fellow freemasons.
>>535307893>>535315377exactly.you need money to make moneymy dad retired and took his 401k and pension or whatever as a lump sum and just invested all of it. he pays himself 90k or so a year out of it and does whatever he wants now. pretty nice. house is paid off and him and my mom are retired. I think he just bought a new used car for the first time in like 20 years, so that, utilities, property taxes are his bills.
Isn't every American in a similar situation with social security? We could earn so much more investing that money ourselves but no, we have to take care of spendthrift boomers.
>>535311694>does "for life" come with caveats?yes, every one i've seen has a maximum number of payments
a 58 year old isn't going to invest 100% in stonks, even in the form of index funds. if you haven't considered this, then I don't want to hear your math. For what it's worth, an immediate monthly annuity on $1m is probably slightly higher than $1k/week. If she were to manage things on her own, she could save on those fees, so an annuity isn't really the most efficient option, and she chose an inefficient version of such a vehicle. But the gap isn't as drastic as people want to make it out at her age. That lump sum is probably like 700k after tax, that reasonably grows to $1.2m over the next decade if she doesn't retire, then she would distribute something like $975/week at that point if you follow the 4% Rule
>>535307814eh if you're playing a ton of scratchers then it's an issue. if you spend a few dozen dollars a year it literally doesn't matter and is nowhere near the top of the pile for self-sabotaging financial behaviors that are common
>>535308034>5% annual interestAt what fucking bank?
>>5353077491k a week for life
>>535308034you don’t get the full amount with lump sum. it would be like 500k
>>535337973An investment bank. Retard. You arent putting a million in a savings account.
>>535307749The moment you win the lottery, every family member expects you to give them money like they earned it by association. Like this, she at least won't be bothered by leeches.
>>535338206you should look up the definition of investment bank before calling people retards. FWIW high-interest savings accounts are around 4% right now, and corporate AAA yields are like 5-5.5% (both of those income streams would be taxable in the US, I don't know about Canada). Dividend yields are much lower.
You could easily bank the million and live off the interest
>>535307749Reminds me of those indians (like the ones with the hot squaws and not jeets) that have a casino on their reservation and every tribesmember that turns 18 gets a payout of like 1 mio dollars and they all get addicted to cocaine and some stds
>>535338439people can easily live off $40k that loses buying power every year? Guess it depends what you're into and where you live.
>>535334655Checked, based, /thread
>>535307749Come to think of it thats 52k a year, if this was your salary youd say>pretty alrightAlso arent lottery winnings taxed like crazy and crazier the more you win?She probably has more take home this way anyways huh?Financially literate, like bringing a gun into a bank where niggers are allowed inside
>>535324144>sq ftKys Einheitenverräter
>>535307749For a simple-minded person 1k a week is definitely better. You can never lose that by betting it all on crypto and 50k a year is still a nice sum...in USD. if it's in CAD than it's more like 30k, which is fine as supplementary income but still not as impressiveAlso this entire conversation is pointless unless someone explains how taxes in Canada apply for both options.
>>535308304my family buys each other lotto tickets on christmas
>>535317014>yoy returnMore like goy return
>>535308034What's the tax rate on the 1 million versus the tax on 52k a year.
>>535339034One time they did a >spanish christmas lotteryType shut in goymany and i bought everyone a ticket and only one of them won as much as it cost and the process to get the money was so complicated i couldnt be arsed.But hey at least this obscure charity that>wants that children will be read to out loud moreIs doing good things (tax evasion) with my money
>>535308866>yuros can't comprehend investment vehicles beyond the most goymaxxed shit of savings accountskek
>>535338788One million managed by a financial advisor will put out 50k walking around money every year and the million will slowly grow as well.
>>535317303No i do think most would probably use it incorrectly. But in the modern day. The avenues in which the people offering you this choice (choosing between 1k a week vs full, hint they want you to choose the 1k a week) are more available now than they ever have been.The people giving you this offer want to have that 1 million because they are going to do things today with it that the average person have access to. Its just most don't care to look into it all.
>>535339464...until your (((advisor))) loses it all in one day and tells you "no refunds, goy"
>>535339731Sorry I don't think most people would use it correctly***
I think what most people, normies understand about "wealthy" people. Wealthy in this sense I mean asset rich....Wealthy people own a lot of assets so when normies see massive dollars come their way they immediately dive into acquiring as much assets as possible (think like hard assets not financial but even those...)When you hold more assets you have a significant amount of carrying costs in order to continue to have those assets. But the wealthy people who do actually hold those assets and not just been acquired through something random like lottery. Did so by building massive revenue streams that allow for them to carry those assets. Thats the biggest problem I think most normal people don't realize.
>>535308034First no bank is paying 5% interest and 2nd that interest payment is 100% taxable
>>535340115Did you know that canada savings bonds hit a high of like 20%??? Crazy..
>>535339826That is a possibility.
>>535317014That's even remotely how it works, retard. If the stock goes up 20% in a year, it went up 20% whether you bought it a day or a decade ago.
Eastern euro/slavic opinions in this thread:>family will mooch you into poverty>someone will murder you>Lottery will pack up like gypsies and disappear instead of paying out>Stock manager will pack up like gypsies and disappear instead of paying outWestern euro/American opinions in this thread:>will be taxed into poverty>will be inflated into poverty
>>535307749$1000 a week would bring you to $1,000,000 after about 20 years. But if you got $1,000,000 you could invest it and earn about $50,000 a year in dividends and interest which comes out to pretty close to $1,000 a week for the rest of your life if you don’t act like an idiot and touch your ball of money BUT income earned on dividends and interest is taxed at half the rate of income tax, and I would think that $1000 a week from a lottery might be given a luxury or gaming tax, sooooo.. idk.. I probably would take the lump sum.
>>535308866Bitcoin
>>535340824*Slavic
>>535307749She would need to live another 19 years to recieve a million dollars at 1000 a week. She looks rather old. She should have just taken the million.
>>535340841Lottery in Canada is not taxed at all.
>>535307749You would make more in a year by investing the million.
>>535307749>some people [who?]
>>535307749>Take million dollar lump sum>Invest some of it low risk >Set up another bank account that gets 1000 a week deposited >Access to the million dollars, it subtly grows from low risk investments, 1000 dollars a week for spending needs on other account
>>535338404Don't you know, anon, all of these poor fucks here are smarter and will have higher returns than warren buffet.How they will cash that money out and use it they have no clue
>>535307814Value is subjective. Hoarding cash, investing in crypto, investing in convoluted portfolios is exactly as economically rational as buying lottery tickets.
>>535340189IN ORDER FOR YOU TO GET YOUR 10% YOY RETURNIT MEANS HAVING TO BUY IN THE UP YEARS AND DOWN YEARS HOLY FUCKING SHIT
>>535307749Why are the winners always jewish?
blue button moment>sit in the cage for 20 years for 0 dollars (1,000 a week)>don't sit in the cage and get 1 million dollars today
>>535308127I'd take the 1000 a week too.
>>535307830Ahhh the various factors all we really get is the current day innit? Nobody promised tomorrow and at her age it should have been a lump sum imo. But regardless we have no info about that situation maybe she rich and is having that signed into a will for family. I mean to possibly is endless so its hard to really judge.
>>535346436Then you’re retarded.
>>535347061Ummm you're supposed to just agree that she's a retarded boomer so we can all partake in the fantasy that we aren't also dumb nigger cattle with no agency other than what is afforded to us by the elites.
>>535307959why after 25 year she will get 1.3 mil outand if you have a normal incom job that get you 2500 a month + that 4000 you can still invest or have a good life i made only 2400k after tax per month so 4k extra would be more then i even need and i know with 1 mil i would spend like 40-70k in the first month for stupid shit i dont need
>>535307951>if you gave her a million bucks up front she'd probably lose it all by next week.this is the big deal. by the time most retards have blown through that 1 mil she'll still have a stable enough income to live on pretty comfortably without working. I know sure as shit my boomer mom would be broke and dead instantly from partying if she got 1 mil in one go.
>>535308016I bet the jackpot winners feel really retarded.
>>535307830in 10 years 1000 a week will equate to 500 a week anyway
I think it's important for WHITE MEN to decide FOR US what's right with OUR RIGHTS to decide for OURSELVES what WE DO with our money and OUR TAXES because WE VOTE for what IS IMPORTANT to the UNITED STATES because I WAS born here etc I OPINION etc I AM A TEENAGER WHO HAS NEVER BEEN IN A FIGHT and i get validation from anonymous strangers on the internet
