Andrew: Hey guys, Andrew here. Today I wanna to talk to you about a funny story I read in the news. Actually my friend sent it to me this morning. It was about an 18-year-old from Quebec, Canada who just won the lottery on her 18th birthday. OK, she bought a ticket to celebrate turning 18, the legal age to buy a lottery ticket in Quebec and she won. How amazing is that?
Now, she has two prize options, she could choose a one million dollar payout, or one thousand dollar a week until she dies for the rest of her life. Now, if she chooses the one million dollar prize, she gets taxed at a fairly high rate and if she chooses the thousand dollar payout, she doesn’t get taxed. So as you can assume, probably, she decided to choose the one thousand dollar a week payout.
Now, I was thinking to myself, wow, how amazing is this? This woman now is set for life, essentially. I mean, this is not a huge income, she won’t be able to have luxurious lifestyle with mansions and limousines and private jets. But she will be able to live very comfortably for the rest of her life.
So, I was happy to read the story, happy for this 18-year-old. And it also got me thinking about what I would do and I think I would also choose the weekly one thousand dollar payout. To have the security to be able to do what you want? I mean, you’d still be able to work, but you wouldn’t have to work too hard. Maybe a part time job and this would give you time to pursue your hobbies and travel and all of these great things. I mean, this would be fantastic. So I don’t play the lottery but if I did, and I won like this girl, I’d be super happy. That’s it for now, talk to you next time.