A Chatham couple has opted for a lump sum payment of $500,000 after winning the second prize of $25,000 a year for life on a Daily Grand lottery ticket.
Has anyone won the grand lotto daily?
A Wainfleet steelworker says his dream has come true after winning $100 a day for life. Craig Melowsky matched five numbers plus the Grand Number to win the top prize of $1,000 a day for life with DAILY GRAND in the January 28, 2021 draw. He opted for the lump sum prize of $7 million.
How often does someone win the Daily Grand?
“I’m at a loss for words.” Daily Grand is a $3 ticket to match five numbers plus the grand number to win $1,000 a day for life. The odds of winning the grand prize are 1 in 13.34 million.
Is Daily Grand really for life?
ALL ABOUT DAILY GRAND. Play DAILY GRAND for a chance to win $1,000 a day for life! Each $3 play consists of 5 Main Numbers from 1 to 49 and 1 GRAND NUMBER from 1 to 7. Draws are held every Monday and Thursday.
What are the chances of winning Daily Grand?
prize payout chart for daily grand main draw
|Match||Win||Odds of Winning*|
|5/5 + 1/1||$1,000 a Day for Life**||1 in 13,348,188|
|5/5 + 0/1||$25,000 a Year for Life**||1 in 2,224,698|
|4/5 + 1/1||$1000||1 in 60,674|
|4/5 + 0/1||$500||1 in 10,112|
Has anyone ever won cash for life in Canada?
Ginette Chaumont and Robert Lapensee of Vankleek Hill after winning $1,000 a week for life with INSTANT CASH FOR LIFE (Game #1176). The pair opted for the lump sum payment of $675,000.
Is daily grand tax free?
The $1,000 a day prize is designed to help you dream and get you to buy a $3 ticket, but comes with tax complications as annuities are taxable. … The $7 Million (shared by winning tickets) lump-sum payout is all TAX FREE. Put it in the bank; you have to pay tax on the interest made on the $7 Million.
Has anyone ever won $1000 a day for life?
A Detroit business owner is looking forward to an early retirement after winning $1,000 a day for life playing the Michigan Lottery’s Lucky For Life game. Roderick Slaughter, of Detroit, matched the five white balls and the Lucky ball – 07-09-15-31-39 LB: 01 – in the Feb. 11 drawing to win the big prize.
How much is the lump sum for Daily Grand?
The top Daily Grand prize is $1,000 a day for rest of your life, or a lump sum cash payment of $7,000,000. The secondary prize is $25,000 a year for rest of your life, or a lump sum cash payment of $500,000 The top Extra prize is $500,000.
What are the odds of winning the 649?
PRIZE PAYOUT CHART FOR LOTTO 6/49 MAIN DRAW
|Match||Win||Odds of Winning*|
|6/6||79.5% of the Pools Fund**||1 in 13,983,816|
|5/6 + Bonus||6.0% of the Pools Fund**||1 in 2,330,636|
|5/6||5.0% of the Pools Fund**||1 in 55,492|
|4/6||9.5% of the Pools Fund**||1 in 1,033|
How can I make 1000 dollars a day for life?
Choose 5 numbers from 1–60 and 1 Cash Ball number from 1–4. You can Quick Pick or choose your own lucky numbers. Match all 5 numbers and the Cash Ball to win the grand prize of $1,000 a day for life. Second prize is $1,000 a week for life.
Is 1000 a day for life really for life?
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. I live in Canada. It wasn’t at a gas station, I purchased my ticket at a convenience store actually.
Do you get taxed on set for life?
Is the top prize tax-free? Yes – in most cases, the top prize is paid tax-free as it is dealt with at source. … All top prize winners are offered a meeting with a Financial Advisor during which any questions relating to tax can be discussed.