PG Woman Wins $500K
Monday, January 16, 2017 @ 1:59 PM
Photo courtesy BCLC
Prince George, B.C. – Prince George resident Laura Bower had a little ‘Extra’ money to spend over the holiday season.
This after she won $500,000 playing the Extra in the Lotto 6/49 draw on Christmas Eve.
“I’m going to be smart with the money,” said Bower. “But not before I splurge on myself and buy a new wardrobe!”
She said the money will also allow her to pursue her passions.
“I want to live more comfortably,” said Bower. “I have the opportunity to pursue my dreams!”
According to the BC Lottery Corporation she purchased the ticket at the London Drugs in town.
Comments
Excellent, see a reputable financial adviser. Invest 80% of it, enjoy the rest. In ten years, the investment will take care of you.
Sorry 500k, is just not enough to retire on for someone in there ….. mid thirties. oooh that may be a mistake.
More bad advise from the local knuckleheads. Why pay an MER to some suit wearing, Wold of Wall Street clone, when you can just self direct that RRSP? See an accountant, they know much more about the inner workings of financial instruments, than anyone in the fund market. They are paid salespeople, churning out their own mutual funds.
Oh, and 500k is enough to retire if you do it right, and you have no mortgage. I love the crowd suggesting it isn’t enough, when 90% of the people have less than 200k in their rrsp awaiting their retirement, and they something think that is going to grow by leaving it up to the ‘pros’ lol.
isthisreallife, before you suggest that advise is being given by the local knuckleheads, you might want to review your own comment.
It looks like you might be suggesting that this lottery winner can just self direct her RRSP, however I suggest that she might not have enough room in her RRSP to accommodate her winnings and depending on her income, an RRSP might not be beneficial or necessary at all. She might be better off using a combination of strategies including an RRSP, a TFSA, some non-registered investments and a plan to reduce or eliminate non-deductible debt!
The best advise that my financial advisor ever gave me was to eliminate my non-deductible debt. It sure makes it a lot easier to live comfortably!
But, it’s her money, not ours and I hope that she enjoys it and does with it what she wants, and not what we all think she should do, haha!
For sure, don,t retire !
Good for you Laura B. Enjoy your win fall.
Excellent.. have fun..but be smart as well :)
Nice to see someone out west win.. I know it’s all odds but since ont and que do buy the most tickets….
As much as this is a good story, and I congratulate the winner, I really wish the BCLC did not have the right to post the winners names!
I know someone who won 500k and they couldn’t believe the nutjobs that came out of the wood work, they had to change their number and get it unlisted. They even had to get the RCMP involved in one instance when their well being was threatened. And this over only 500k, imagine the people who win big lotteries.
Hi Laura Bower, I suggest you do get some financial advice.
There are those who think they know it all and criticize financial advisors. But there are many really good people in PG who will analyze your personal situation and advise you accordingly. If you have no experience in accumulating $500,000, I suggest you probably have no experience in managing $500,000. You do need some help. DYI people don’t know what they don’t know. Be cautious. Ask around who you might talk to.
Don’t get hung up on MER’s. People who focus on cost rarely see the value in anything. You do get what you pay for.
More classic advice. Don’t get hung up on the MER? Do some simple math, and look at how much your ‘professional advice’ is costing someone with 250k in an RRSP and a 2.5-3.5% MER. You sound like an old Mr RRSP Commercial.
Awesome, I love a good story close to home. :-)
Do what the rich do….put it in an offshore account so you don’t have to pay tax on it.
You don’t have to go offshore to not pay tax! There are plenty of tax efficient investments in Canada if one chooses to do a little research !
Wow. Congrats. 😊😊 Ignore everyone and do what you want!
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