Forget the fantasy of $10million. Why???What are the first 3 things you would do if you won the Lotto ($10M)?
Rumour has it that a group ticket from YVR Baggage Handlers won it. Twenty people 3 $M each. Now that’s the way to do it! Having $60M brings all sorts of unsavoury types while $3M you can fly under the radar a lot easier.Forget the fantasy of $10million. Why???
Here's some reality, single winning LottoMax ticket in Richmond of ...wait for it $60million. Now try to wrap your head around on spending that.
Still not claimed yet, any you bastards sitting on that, please standup!?!
A $150,000 a year lost in taxes is precisely why I would take the money out of the country.$10,000,000 invested at a modest return of 4% = $400,000 per annum gross - after tax ~$250,000. Assume $100k living expenses. $150k / 300 per hour = 500 sessions per year. More than once a day some days. Probably would be the death of me.
You win $10 Million in a lottery that is tax exempt, have the potential to earn over $500,000 a year in interest, getting free money on your free money and are concerned about contributing a meager $150,000 a year in taxes? I would gladly pay that to the government every year and would personally deliver it in loonies and toonies.A $150,000 a year lost in taxes is precisely why I would take the money out of the country.
SR
Well I guess all I can only think you are not very bright.On the National scale each and every Canadian Citizen owes about $40,000 for the National Debt which is about 600 BILLION and the current Federal Government just made it bigger.You would happily give that same wastefull Bureaucracy THRICE the amount on a YEARLY basis.You win $10 Million in a lottery that is tax exempt, have the potential to earn over $500,000 a year in interest, getting free money on your free money and are concerned about contributing a meager $150,000 a year in taxes? I would gladly pay that to the government every year and would personally deliver it in loonies and toonies.
Another example of totally fake news!Via Hellmann’s Canada, “there are over 51,000 apples thrown out every hour in Canadian households”. Assume 50 cents per apple = $223,380,000 per year. ~2,690 similar examples would pay off the $600 billion debt in one year. But that would take national discipline.
Yep, I am absolutely happy giving the government that money every year.Well I guess all I can only think you are not very bright.On the National scale each and every Canadian Citizen owes about $40,000 for the National Debt which is about 600 BILLION and the current Federal Government just made it bigger.You would happily give that same wastefull Bureaucracy THRICE the amount on a YEARLY basis.
SR





