haha someone finally won it during the ticats-argos game
the prize money will be awarded in annual installments of $50,000 spread out over the next 20 years.
takes 20 years to get it all
save on foods probably goes out of business tomorrow lol
haha someone finally won it during the ticats-argos game
the prize money will be awarded in annual installments of $50,000 spread out over the next 20 years.
takes 20 years to get it all
save on foods probably goes out of business tomorrow lol
Glad to hear someone won it. The winning return sent us home early.
I wonder if the viewer had a delayed reaction waiting to see if a flag was coming first lol.
Such prizes are almost always secured by a pre-arranged annuity … likely a requirement of provincial laws for such contests.
But not for the 6/49 or the Super Lottery
I’m just waiting to find out that Roy is in his 80’s and only has to live to at least 100 to collect the entire prize .
Those LOTTERIES sell tickets, a percentage of which fund the prize … Touchdown to win is a pretty standard format for such contests.
my guess is there are some requirements for promotion and endorsing, and it’s essentially a crappy 50 k per year marketing rep gig for the CFL and save on foods. probably have to be that ridiculous ref in the grocery ads lol.
Crappy and a tax free 50k per year do not belong in the same sentence. I would be overjoyed. You must be in a much, much higher tax bracket than me😃.
In 1993, someone made a 3/4 court shot at a Bulls game for $1M…and they tried to not pay him.
These prizes are usually insured, like a $1,000,000 hole in one at a golf tournament. The charity hosting the tournament sure doesn’t have the million.
And since it’s insurance the first response will always be “sorry ma’am/sir, you don’t qualify due to this loophole we have…”
And 50k a year sounds good. But with time value of money in ten years that’s like 25k. Think of what you can buy today for 10 bucks. An egg McMuffin, small fries and a coffee. Ten years ago you could get that for 5 bucks. A small fries is $2.49!!! And the 50k literally represents the annual interest on a million. So while it would be awesome to win it, Save On and the insurance company aren’t out anything But advertising money.