6 years ago
2
An 18-year-old buys her first lottery ticket and wins $1,000 a week -- for life
On her 18th birthday, Charlie Lagarde bought a celebratory bottle of sparkling wine and her first-ever lottery ticket at a Quebec convenience store. When she got home, the newly-minted adult discovered she was also a newly-minted millionaire. It turns out the Gagnant à vie scratch-off she bought was worth a million dollars. Instead of the lump sum, she chose the annuity option and will receive $1,000 every week for the rest of her life.
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I would have taken the lump sum.
A long term diversified investment would have netted the teen a better yearly return, but you know... teens!