A Canadian teenager is set financially for the rest of her life after winning big with the first lottery ticket she ever bought.
Charlie Lagarde of Quebec simply wanted to celebrate her 18th birthday by buying a bottle of champagne and a $4 scratch-off lottery ticket, two things she was finally able to do upon turning 18. But in a shockingly pleasant twist, the lottery ticket turned out to be a big winner.
The ticket gave Lagarde the choice between a lump sum of $1 million or $1,000 a week for the rest of her life. After thinking it over for a few weeks and consulting with a financial advisor, she decided to pass on becoming an instant millionaire and take $1,000 a week for life.
If you do the math, the 18-year old Lagarde would only need to live for another 20 years until the $1,000 she gets every week to surpass $1 million. Her $1,000 check every week is also tax-free, which also makes the option far more appealing.
“It’s without taxes so it’s equivalent to a salary of more than $100,000 a year, so it’s a great start in life for that young lady,” says lottery corporation spokesperson Patrice Lavoie. “That was her first lottery ticket ever and she fell upon a winning ticket.”
If Lagarde reaches the Canadian life expectancy of 81 years, she’ll have made over $4 million from her lottery win. That’d be more than six decades of her life spent on Easy Street.
However, while Lagarde has some plans to use the money to travel, she’s not going to let her newfound fortune change her life plans entirely. She will use the money to help her continue her education.
“I want to study photography,” she says. “One of my dreams would be to work for National Geographic.”
[Images via Twitter]