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Originally Posted by Conan O'Brien Sex Video
for me, winning the lottery is like peace of mind. i don't have to worry about losing my job and what would happen. i could go to work if i wanted to, or not go to work.
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I actually really like my job and my boss... I'd probably buy a stake in the company and then stay on just to go on the more interesting/challenging jobs
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if i won the lottery, i'd give some to family and friends. to family i'd give a big lump sum.
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Not a good idea. For a lottery winner, the payout is not taxable in Canada. Anything you gift to family or friends, however, is.
What you want to do in this case is get a "group play" form from BCLC, and anyone you want to give money to, you list as part winners on that ticket, along with a percentage that you want them to have. This is the same form you'd use for, say, a work ticket that's to be split between multiple people - there's nothing that says the split has to be even between everyone.
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just because you have more money doesn't mean you have to spend it all. it's a concept i find not many understand.
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Think about it: even a very basic savings account gives you, what, 1.2%, 1.3% per year? You put $40M in there, that's gonna be close to $500k/year after compounding. You could leave the principle alone and live VERY comfortably off the interest alone, even after taxes.