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Young Lottery Winner Chooses Lifetime $1,000 Weekly Annuity Over $1 Million Lump Sum

Investing & Retirement, News, Personal Finance

By Emma Clarke Dec 11, 2025

A 20-year-old Canadian lottery winner declined a $1 million lump-sum payout in favor of a guaranteed $1,000 weekly lifetime annuity, a choice financial experts say offers long-term stability and protection from impulse spending.