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?