I like this lotery bettter than 649. Payout for lower-tier prizes is better eg 3/5 =$20.00 whereas 3/6 on 649=$10They are from the Prairies. It was pretty fast though and sales for this are low(around 2,5 million per draw compared to 16 million for 6/49) so you can win. They don't sell much tickets and someone still won.
I like this lotery bettter than 649. Payout for lower-tier prizes is better eg 3/5 =$20.00 whereas 3/6 on 649=$10
So far since this lottery started I have won : $500, $190, & $144
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 ableDamn. I won $1000. This is a lot of wins for the low # if tickets bought.
How many lines do you buy per draw?
Nice. You gots to be creative and develop strategies.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.
http://winbig.ca/the-daily-grand-ca...-you-win-big-and-take-the-grand-a-day-option/
Apparently have to pay taxes on annuities despite being a lottery win?...
So life is considered about 20 years? Rip offI 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. :high5:
p.s. No taxes on lottery winnings in Canada.
http://www.olg.ca/lotteries/faq_lotteries_information.jsp?game=dailygrand_faq#5So 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.So life is considered about 20 years? Rip off
I didn't think of the investment potential. Good point.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.
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?!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.