Teen buys first lottery ticket on her 18th birthday and wins $1,000 a week for life

Comment #36

benjibanks — Sun, 01 Apr 2018 23:22:33 GMT

She made the right choice. Most people don't know how to run a business, invest in real estate or the stock market.

Comment #35

Artist77 — Sat, 31 Mar 2018 23:52:57 GMT

Comment #34

music* — Sat, 31 Mar 2018 22:36:34 GMT

Thank You Artist77 for your clear and concise facts.

When I win amounts from $25 million to $100 million I will use CDARS/ICS to place it in a bank and protect and maintain it. Higher amounts will go for real estate and stocks. I might open bank accounts online all over the Country.

Comment #33

music* — Sat, 31 Mar 2018 22:31:45 GMT

Cali or California does not tax lottery winnings. Just like Texas and Washington. Maybe FL too.

Comment #32

Artist77 — Sat, 31 Mar 2018 14:48:46 GMT

She made a brilliant decision and is wise beyond her years. Subway shops have been closing all over. Do you know the startup costs and franchise fees and employee costs and building costs for a chain like subway? Half her money would have been used in the first year. How many winners have we seen investing in businesses which they know zero about and losing their fortunes? Don't be greedy with your winnings. Aim to maintain it.

Comment #31

TemplarLoyalty — Sat, 31 Mar 2018 12:35:23 GMT

No. In the US, you have to be 18. I ve lived in 31 states and it has been 18 in every single one of them.

Jackpots over $451k are taxed at 37% which is the highest tax bracket and lots of states do not even tax lottery winnings. That being said, never buy tickets if you live in Cali. Currently I m in Texas so I wouldn t have a state tax to worry about.

1/1000? Wrong again. Your math is terrible, bro.

I joined this site just to write this bc you were so off base, I had to speak up.

Comment #30

Bleudog101 — Sat, 31 Mar 2018 11:05:30 GMT

Quite familiar with VAT having been stationed in Deutschland (Ich liebe Deutschland). As service members we would go to an office in Fuerth and get an exemption for paying it. I will say countries with VAT IMO have more services available for their residents. We enjoyed the Ubahn (subway), Strassenbahn (Streetcars) and of course der Autobahn. There was another -bahn for intercity trains, name slips.

Comment #29

KY Floyd — Fri, 30 Mar 2018 17:48:18 GMT

They were probably referring to Value Added Tax, which is definitely what HaveABall is referring to. Most countries have a VAT. with the US being the exception among developed countries. The closest the US comes is the excise tax that applies to a few things, such as tires and gas/diesel fuel.

VAT applies to anyone who purchases the goods, so certainly isn't a back door for taxing lottery winnings.

Comment #28

HaveABall — Fri, 30 Mar 2018 15:36:57 GMT

Bluedog, I looked up the Canadian various sales taxes on Wikipedia, and it appears that between 5% to 15% is charged for purchases at cash registers. Additionally, if a resident later earns interest or dividends from their lottery winnings they also owe capital gains taxes. Hope that answers your taxing questions. Cheers

Comment #27

Bleudog101 — Fri, 30 Mar 2018 15:32:14 GMT

In Massachusetts the age of purchase is 18 as well.

Comment #26

Bleudog101 — Fri, 30 Mar 2018 14:20:45 GMT

Thank you. They probably don't even play for all I know...lol

Comment #25

winoneday — Fri, 30 Mar 2018 14:16:46 GMT

Comment #24

music* — Fri, 30 Mar 2018 10:50:28 GMT

VenomV12, 70% of lottery winners lose all their winnings within five years. Now she has a guaranteed income for life. If she is College material than she can go further than owning a Subway, rentals, apartments. I hope she gets an advanced degree and has a wonderful life.

Comment #23

Bleudog101 — Fri, 30 Mar 2018 09:00:44 GMT

The age here in KY is 18.

Clarify one thing for me winoneday since you are Canadian. I ran into a couple in Las Vegas from Canada. I asked about their lottery and taxes. They said when you spend the money, then taxes are levied against your winnings. Is this true

Comment #22

VenomV12 — Fri, 30 Mar 2018 06:14:07 GMT

Wow, that was a horrible financial decision she made. With $773,000 USD she could have taken $100,000 and put half down on a business like a Subway or something and made $80,000 a year just from that, invest the rest in stocks or whatnot and make another $60,000 or so a year, even put the entire $773,000 into rentals or apartments and make about $70,000 a year or so with a management company running things. Even if she didn't trust herself at this age she could have taken a little of the money o... [ More ]

Comment #21

winoneday — Fri, 30 Mar 2018 05:49:10 GMT

Here is another difference. Most people in Canada get an education.

Comment #20

eddessaknight — Fri, 30 Mar 2018 04:32:48 GMT

Thanks Coin

Sounds like a virgin player (first time), doesn't ?

Yes indeed congratulations to the young smart lady by investing in her future

Player has to be willing to be lucky!

Pro-Player FairGame Advocate

Eddessa_Knight

Comment #19

Coin Toss — Fri, 30 Mar 2018 04:23:15 GMT

I'm sure a few here are dying to know.........

Perhaps Steve Player has one.

I actually have gotten lottery system flyers in the mail promising info. on how to beat the scratchers.

Comment #18

wizeguy — Fri, 30 Mar 2018 02:10:09 GMT

Here in Ohio the back of the playslips say you must be 18 to play.

Comment #17

rcbbuckeye — Fri, 30 Mar 2018 02:08:02 GMT

Hey CT,

what kind of scratcher system did she use

Comment #16

ohiopick3 — Fri, 30 Mar 2018 01:48:37 GMT

Very Nice! Enjoy

Comment #15

ckrakowski — Fri, 30 Mar 2018 00:34:52 GMT

Here is the difference between canada and us lotteries.

In canada you can be 18 and play.

In the us you have to be 21.

In canada they will not tax the winnings.

In the us they will tax it on both the federal level and state level right when you win which means you have already lost 2/3 of the prize and then they will tax it for the rest of the time you are receiving the winnings.

So by the end of the payouts you have received 1/1000 of what you won.

Comment #14

Coin Toss — Fri, 30 Mar 2018 00:17:58 GMT

Good for her.

Pure blind luck anyone doubt that?

And I'm waiting for someone to ask what kind of 'scratcher system' she used.

Comment #13

s5thomps — Thu, 29 Mar 2018 23:43:52 GMT

Hopefully she's wise with the money. At 18 its a good choice to take the annuity. If she lives to the 70 that's over 50 years of annual lottery payments which would equal over 2.7 million dollars. Just have to watch out for the snakes now. If there is a boyfriend (or ex) she may get pestered. If neither applies she may get unwanted advances from male figures. She just needs to be careful. Looks like that she has a good head on her shoulders.

Comment #12

noise-gate — Thu, 29 Mar 2018 23:38:24 GMT

Read an article about this win, and investors were saying that she made the correct choice! Apparently, Canadians are living well into their 80's. Given that she is still only 18, Charlie will collect well over 3 million dollars in her lifetime. With a name like Charlie, it has to be good.

Comment #11

music* — Thu, 29 Mar 2018 22:36:12 GMT

Apology accepted. I love your signature. Don't believe everything you read on the Internet Abraham Lincoln

A bit anachronistic.

Comment #10

Artist77 — Thu, 29 Mar 2018 22:08:53 GMT

One of my favorite winner stories!!! She values an education and has goals. And I learned there is a store in Canada called go to bed late...i.e. night owl??? Lol

Comment #9

Sarge0202 — Thu, 29 Mar 2018 21:42:42 GMT

It's in Canada, it's tax free. So it's $1,000CD a week. Also please show your math, here the feds withhold 25%, but a single person with 52K$ a year is no where near that tax rate, She would have got a big tax refund.

Oops, I had read another article on the subject and did not see the translated Canadian Dollars to US$ in this article. Wow, that is a big dollar difference, I thought it was closer to 10%, sorry

Comment #8

Sarge0202 — Thu, 29 Mar 2018 20:40:23 GMT

Comment #7

zephbe — Thu, 29 Mar 2018 20:09:33 GMT

Lucky and smart--congratulations to her.

Comment #6

wizeguy — Thu, 29 Mar 2018 20:06:00 GMT

Way to go, Charlie! May all your dreams come true! You're off to a great start

Comment #5

ecnirP — Thu, 29 Mar 2018 19:40:36 GMT

I never liked the idea of trusting the government to fulfill its obligations in these matters (re: Illinois), but someone winning a weekly award for life at the age of 18 sounds smart for doing so. Congratulations

Comment #4

Soledad — Thu, 29 Mar 2018 19:14:22 GMT

The first time you play is probably the luckiest and the best time there is to play. Beats my $20 by a mile! Lol

Comment #3

SOLO1 — Thu, 29 Mar 2018 18:44:38 GMT

Nice Congratulations!!! Charlie

Comment #2

music* — Thu, 29 Mar 2018 16:34:15 GMT

Congratulations to Charlie Lagarde! She waited to claim her prize. She consulted a financial adviser who gave the correct answers to her questions.

Can you imagine receiving (US$773.80) once a week for the rest of your life?

And she has dreams for her future.

Comment #1

Ann*95 — Thu, 29 Mar 2018 15:12:15 GMT

congrats

Teen buys first lottery ticket on her 18th birthday and wins $1,000 a week for life

Lottery Post — Thu, 29 Mar 2018 14:45:19 GMT

Charlie Lagarde was celebrating her ascent into adulthood.

On her 18th birthday earlier this month, the Canadian teenager bought a bottle of sparkling wine and a $4 scratch lottery ticket at a nearby convenience store in Quebec and, just like that, her future was off to a very nice start.

Loto-Qu bec officials said in a statement that after buying her first lottery ticket, Lagarde won the grand prize March 14 in the Gagnant vie (Winner for life) game.

Her first major decision as an adul... [ More ]