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Thread: Anyone play the Daily Grand lotto?

  1. #25
    Quote Originally Posted by acer View Post
    I do my own numbers. Keep in mind I won $500 the first time I played. For the $190 I think I spent $48 but I used the same bonus# on all tickets (GN) & I got that correct that's how I was able
    win $190. One of the tickets had 3/5+GN = $100. Same for the $144 I spent $48 and several of the tickets had the correct GN # so I had several lines with $20 prizes.
    Nice. You gots to be creative and develop strategies.

    Some may just spend the minimum and win but it seems those who spend a bit more have better odds.

    Many are motivated by a small prize in that they have multiplied their investment, and this does seem to have a bit more than the games where everyone is focused on the jackpots.
    Life is supposed to be like a penis ---simple, relaxed and hanging freely.

    Itís the women who make it hard.

  2. #26
    This Daily Grand prize structure is a brilliant money maker for the lottery corporation compared to 6/49 and Lotto Max.
    Think about this. If 6/49 and Lotto Max are not won on any given draw, they bump up the prize money for the following draw. And this continues until it's won. Some of the prizes get huge.
    For the Daily Grand, if there's no grand prize winner, the grand prize stays the same. The grand prize never gets bigger. Think about how much extra money they get to keep in their coffers because of this approach.
    Granted it's still relatively new and not as popular as the well established games, so the participation isn't as high yet, but if it takes off for them, what a cash cow it will be.

  3. #27
    ITALIAN BELLA KADIE
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    Daily grand every week for me!

    I play daily grand EVERY Monday & Thursday Draw!
    I have heard many mixed reviews about this game.
    What do you guys think? Is it worth it?
    Any amount of money won would be amazing!
    I'm not greedy :P



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  4. #28
    http://winbig.ca/the-daily-grand-can...-a-day-option/

    Apparently have to pay taxes on annuities despite being a lottery win?...

  5. #29
    ITALIAN BELLA KADIE
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    Quote Originally Posted by ExoticCharmer View Post
    http://winbig.ca/the-daily-grand-can...-a-day-option/

    Apparently have to pay taxes on annuities despite being a lottery win?...

    I've been told that there's no taxes but not sure. Just what I heard.
    You can also get 1,000 a day or one huge lump sum!!

    I've kinda given up on daily grand and more into 649 and lottomax now!



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  6. #30
    Theres no taxes on lottery wins, but once the winnings start making money (interest) then the interest is taxed.

  7. #31
    Not sure about daily grand but cash for life had a lump sum option where the calculate 1000/week for 40 years. not sure if that has changed.

  8. #32
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    cash for life is $1000 a week for life with no end
    quote by Steph from Vixens

    I'm a western woman. Here is what i've learned, both in my own life and from what my girlfriends tell me.
    Women want a man that is worthy of their RESPECT. Period. It doesn't matter to most of us if you drive a fancy car, or if you're 6 feet tall or if you make a gazillion dollars. We want to respect you. As MEN.


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  9. #33
    I believe the Daily Grand's lump-sum amount is roughly $7,000,000.

    Bye the way, I won $50 from Wednesday night's Ontario 49 lottery.

    p.s. No taxes on lottery winnings in Canada.

  10. #34
    Quote Originally Posted by GPIDEAL View Post
    I believe the Daily Grand's lump-sum amount is roughly $7,000,000.

    Bye the way, I won $50 from Wednesday night's Ontario 49 lottery.

    p.s. No taxes on lottery winnings in Canada.
    So life is considered about 20 years? Rip off

  11. #35
    Quote Originally Posted by frankcastle View Post
    So life is considered about 20 years? Rip off
    http://www.olg.ca/lotteries/faq_lott...ilygrand_faq#5

    5. IS THERE AN OPTION FOR A SINGLE CASH PAYMENT INSTEAD OF AN ANNUITY?
    Yes. For the top prize, instead of an annuity payment, the winner may choose a single lump sum total of $7 million. For the second prize of $25,000 a year for life, the winner may choose a single lump sum total of $500,000.


    Frank, it depends how old you are, whether you're a thrill-seeker he he, and how healthy. Would I take my chances? Not if I was middle-aged. You can get sick or get run over.

  12. #36
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    Quote Originally Posted by frankcastle View Post
    So life is considered about 20 years? Rip off
    Not rip off, just math. the 7 mill is the present value of the total annuity payment with time = infinity. It is therefore the same amount.
    7 mill is still enough either way.
    Things you need to consider. 1) if the OLG ever discontinues/goes bankrupt. 2) in the future if the federal government decides it needs additional revenue and decides to tax lottery winnings. Taking a lump sum payment may be wise. But if you have a trusted younger family member or friend, you could give the ticket to them, and work out some sort of payment with them on the down-low.
    "There's an old saying in Tennessee. I know it's in Texas, probably in Tennessee, that says, fool me once .... shame on .... shame on you. Fool me, you can't get fooled again." - G. W. Bush
    http://www.youtube.com/watch?v=iLSwKG_y9ng

  13. #37
    Quote Originally Posted by 1HandInMyPocket View Post
    Not rip off, just math. the 7 mill is the present value of the total annuity payment with time = infinity. It is therefore the same amount.
    7 mill is still enough either way.
    Things you need to consider. 1) if the OLG ever discontinues/goes bankrupt. 2) in the future if the federal government decides it needs additional revenue and decides to tax lottery winnings. Taking a lump sum payment may be wise. But if you have a trusted younger family member or friend, you could give the ticket to them, and work out some sort of payment with them on the down-low.
    I didn't think of the investment potential. Good point.

  14. #38
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    18. HOW LONG DO THE ANNUITY PAYMENTS LAST ON THE TOP TWO PRIZE CATEGORIES?
    The annuity prizes on DAILY GRAND are intended as true “for life” prizes, lasting for the entire life of the winner. There is no set maximum on the length of the payments.
    quote by Steph from Vixens

    I'm a western woman. Here is what i've learned, both in my own life and from what my girlfriends tell me.
    Women want a man that is worthy of their RESPECT. Period. It doesn't matter to most of us if you drive a fancy car, or if you're 6 feet tall or if you make a gazillion dollars. We want to respect you. As MEN.


    http://canadaman.ratedxblogs.com/
    http://private.kinky-blogging.com/

  15. #39
    ITALIAN BELLA KADIE
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    Quote Originally Posted by canada-man View Post
    18. HOW LONG DO THE ANNUITY PAYMENTS LAST ON THE TOP TWO PRIZE CATEGORIES?
    The annuity prizes on DAILY GRAND are intended as true “for life” prizes, lasting for the entire life of the winner. There is no set maximum on the length of the payments.
    Got my daily grand ticket for yesterday!! Always get 3-4 lines with encore, of course. If you win will you take me away on an exotic vacay?!

  16. #40
    I am trying so I have more money available for this hobby

  17. #41
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    Quote Originally Posted by Kadielux View Post
    Got my daily grand ticket for yesterday!! Always get 3-4 lines with encore, of course. If you win will you take me away on an exotic vacay?!
    may be
    quote by Steph from Vixens

    I'm a western woman. Here is what i've learned, both in my own life and from what my girlfriends tell me.
    Women want a man that is worthy of their RESPECT. Period. It doesn't matter to most of us if you drive a fancy car, or if you're 6 feet tall or if you make a gazillion dollars. We want to respect you. As MEN.


    http://canadaman.ratedxblogs.com/
    http://private.kinky-blogging.com/

  18. #42
    ITALIAN BELLA KADIE
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    Smile WON 100$ on poker!

    Quote Originally Posted by canada-man View Post
    cash for life is $1000 a week for life with no end
    UGH BUT I never win on Cash for Life tickets!
    Won $100 today on POKER of course!
    Only thing I ever win on ffs.

    Goodluck on tonights 649 draw. Got my tickets ready!
    Have you guys picked up a ticket for tonights draw?!



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  19. #43
    ITALIAN BELLA KADIE
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    Smile

    Quote Originally Posted by GPIDEAL View Post
    http://www.olg.ca/lotteries/faq_lott...ilygrand_faq#5

    5. IS THERE AN OPTION FOR A SINGLE CASH PAYMENT INSTEAD OF AN ANNUITY?
    Yes. For the top prize, instead of an annuity payment, the winner may choose a single lump sum total of $7 million. For the second prize of $25,000 a year for life, the winner may choose a single lump sum total of $500,000.


    Frank, it depends how old you are, whether you're a thrill-seeker he he, and how healthy. Would I take my chances? Not if I was middle-aged. You can get sick or get run over.
    VERRRRY NICE sexy man!
    If you win you better promise me you'll take us away on a nice 3 week vacay!
    Caribbean or Europe please!

    Anywhere with you would be a BLAST



    Kadie Lux Thick Beautiful Well Reviewed
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    Hour & Multi hour encounters

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