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-   -   LottoMax jackpot! what will you do? (https://www.revscene.net/forums/618513-lottomax-jackpot-what-will-you-do.html)

JoshuaWong 06-29-2010 01:14 PM

Penthhouse in Richmond/Downtown
LP570-4 (me)
LP560-4 (bro)
LP550-2 (dad)
R8 V10 (mom)
X5M Family Car
M5 Family Car
Build a decent track somewhere near here

Rest go into whatever :D loll dream onn

TOPEC 06-29-2010 01:59 PM

Quote:

Originally Posted by JoshuaWong (Post 7009891)
Penthhouse in Richmond/Downtown
LP570-4 (me)
LP560-4 (bro)
LP550-2 (dad)
R8 V10 (mom)
X5M Family Car
M5 Family Car
Build a decent track somewhere near here

Rest go into whatever :D loll dream onn

ur definitely the kind of lotto winner that will blow ur winnings within 2 years.

achiam 06-29-2010 02:01 PM

I'd take Revscene out for Pho.

Jayboogz 06-29-2010 02:15 PM

I'd buy the biggest land/house in east van then ima buy a penthouse in dt. ima buy myself an m6 and a range rover. Prob invest into a tim hortons of sumfin.
Posted via RS Mobile

raygunpk 06-29-2010 02:16 PM

all on black.

wyuzz 06-29-2010 03:18 PM

1) First thing first, I'll donate 5mill to various of charities
2) Help pay off parents mortgage and give them each 10mill so they can retire
3) Invest 20mill in properties/bonds/saving so that I can just live off interest
4) new house with the following cars in the garage: r8, range rover, 5 series
5) travel around the world with friends and party it up

Big.Xero 06-29-2010 03:24 PM


buyin with that money.

ch1ck3nb0i 06-29-2010 04:02 PM

Yes, you will get taxed in Canada if you win a lotto aprox 45% will go straight to the government.

1.) ill pay off parents mortgage.
2.) Buy myself a house.
3.) Buy Investments 45% of the after taxed $$.
4.) S5 for my dad, Q7 for my mom, M5 for myself. =D
5.) donate or build schools in Africa.

FerrariEnzo 06-29-2010 04:11 PM

Quote:

Originally Posted by buddy (Post 7009803)
first thing first, ditch the wifey ... lol ...

you do know that SHE can take half of your winnings!

Quote:

Originally Posted by ch1ck3nb0i (Post 7010057)
Yes, you will get taxed in Canada if you win a lotto aprox 45% will go straight to the government.

wow 45%.. only leaves you with like what.. 28.5mil? i dont get taxes on my winings, but if only won around $100 once.. haha
are you sure?

Big.Xero 06-29-2010 04:19 PM

You don't get taxed in canada for lotto wins. Doesn't count as earnings so no taxation. Only in USA its 45%.
Posted via RS Mobile

FerrariEnzo 06-29-2010 04:21 PM

Quote:

Originally Posted by Playyground (Post 7010075)
You don't get taxed in canada for lotto wins. Doesn't count as earnings so no taxation. Only in USA its 45%.
Posted via RS Mobile

thats what i thought... it would sux even more..
who knows now, maybe theres a new law/scam or something the government gona do to get more of our money!

hotjoint 06-30-2010 07:39 AM

I won a free play :lol

Soundy 06-30-2010 09:47 AM

Don't spend it all in one place!

Oh, wait.... :troll:

Mugen EvOlutioN 06-30-2010 09:51 AM

Quote:

Originally Posted by hotjoint (Post 7010835)
I won a free play :lol

its a start
:rofl:

neggo 07-02-2010 08:01 PM

YES I WON....

free plays...

2nd week in a row, damnit. I want the big prize!

Hondaracer 07-02-2010 08:11 PM

Lamborghini of Vancouver

quasi 07-02-2010 09:36 PM

Quote:

Originally Posted by ch1ck3nb0i (Post 7010057)
Yes, you will get taxed in Canada if you win a lotto aprox 45% will go straight to the government.

No you don't, whoever told you that is an idiot.

Soundy 07-03-2010 05:37 AM

Quote:

Originally Posted by quasi (Post 7014262)
No you don't, whoever told you that is an idiot.

http://www.financialpost.com/story.html?id=2220353

TOPEC 07-03-2010 11:48 AM

Quote:

# Do I have to pay tax on lottery, casino or bingo prizes?
At this time, lottery, casino and bingo winnings are tax-free in Canada.
http://bclc.com/app/Footer/FAQ.asp?category=Lotteries

it's under prizes

hal0g0dv2 07-03-2010 12:01 PM

buy a veryon and drive it into a lake

murd0c 07-03-2010 01:21 PM

You only pay tax on the interest of what you win.

Drow 07-03-2010 02:18 PM

would you guys choose to receive a lump sum payment, but significantly lower than the advertised winnings, or receive small payments for about the rest of ur life but it would sum up to the advertised winnings?

lump sum here

murd0c 07-03-2010 02:23 PM

Quote:

Originally Posted by oniyou (Post 7014874)
would you guys choose to receive a lump sum payment, but significantly lower than the advertised winnings, or receive small payments for about the rest of ur life but it would sum up to the advertised winnings?

lump sum here

in Canada there is no lump sum payment, you get the full amount. Thats only in the states or with the Set for life.

FerrariEnzo 07-03-2010 04:28 PM

i much rather get a lump sum.. as least you can buy a house or townhouse with Set For Life..

MDMA 07-03-2010 04:37 PM

Place in swiss bank acount and live off the interest
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