I hope you were among the lucky 4 winner, who won the largest jackpot in Canadian history over $50 Million.

Over the weekend I asked what you would do if you wont the lottery and promised to post results from the OGL survey.


Ontario Gaming League does a survey of winners who have won over $1million and asks what they did with money, many are very conservative with the winnings here is a quick result from a past survey:

  • 90% banked the money
  • 65% purchased a new car
  • 60% paid off debt
  • 56% went on vacation
  • 48% shared winnings by donating
  • 38% became mortgage free
  • 36% purchased a house
  • 31% paid for education for themselves or their family.
  • 14% changed their overall lifestyle.
  • 7% bought a boat.

How does that compare to what you would do?



Ray is an ex-financial adviser and the founder of Financial Highway. Currently working in the financial industry and working towards completing his Chartered Financial Analyst, CFA, designation.