Canadian couple gives away entire $11.2M lottery jackpot

Nov 4, 2010, 8:15 am (49 comments)

Canada 6/49

LOWER TRURO, N.S. — A Nova Scotia couple won $11.2 million from a lottery ticket in July and now every penny is gone.

But Allen and Violet Large of Lower Truro didn't spend any of it on themselves.

They say they decided to take care of family, organizations and institutions instead.

"What you've never had, you never miss," said Violet, 78.

Married since 1974, the couple does not live large. They don't travel, they don't gamble (beyond playing the lottery) and they don't buy what they don't need.

"We have an old house, but we're comfortable and we're happy in it," Violet said.

They spent 30 years in Ontario where Allen was a steel welder and Violet worked for cosmetics and chocolate companies. They retired in 1983 and returned to Nova Scotia.

"We were pretty well set, not millionaires, but comfortable," said Allen, 75.

So when they hit it big in Lotto 6-49's July 14 draw, they decided to give it all away.

All that money "was a big headache," Allen said.

Violet said she was concerned about "crooked people" who might try to take advantage of them.

But the big win came at a difficult time in their lives: Violet was undergoing treatment for cancer that doctors discovered in the spring.

"That money that we won was nothing," said Allen, choking back tears. "We have each other."

Violet has been through surgery and finished her last chemotherapy treatment a week ago.

After the win, the couple took about a week to work out the details before embarking on their $11,255,272 spending spree.

They took care of family first and then began delivering donations to the two pages' worth of groups they had decided on, including the local fire department, churches, cemeteries, the Red Cross, the Salvation Army, hospitals in Truro and Halifax, where Violet underwent her cancer treatment, and organizations that fight cancer, Alzheimer's and diabetes.

The list goes on and on.

The couple won't say how much they gave each group, but they've received plenty of phone calls, letters and plaques of gratitude. While they're thankful for each one, they didn't do it for the recognition.

"It made us feel good," said Violet. "And there's so much good being done with that money."

She and her husband said they feel privileged to be able to give back to the community, to help the firefighters, the doctors and nurses and the volunteers who have helped them.

"We're the lucky ones," Violet said. "I have no complaints."

News story photo(Click to display full-size in gallery)

Toronto Star, Lottery Post Staff

Comments

gocart1's avatargocart1

That is just so sweet ....they have each other...brings a tear to this bronx boy..only wish them the bestPartyUS FlagParty

dpoly1's avatardpoly1

Allen and Violet ......................

Livin' their dream .......................

How sweet it is ! Dance

pumpi76

If people in the, USA or other countries you see them all the time giving away money to charity and stuff, what you think would be the same with Canada...

pumpi76

they could had with: $11 Million buy 22 rental apartments of 8-12 stories with 4 apartments on each floor around the world or in Canada...Each costing: $600,000 to $700,000 construction cost...

and make the Earnings be donated to Canadians Institutions...They would had donated: between: $6 Million to $7.6 Million dollars per year...

And help out in this rising cost of Real Estate....They could had helped out in Sweeden i think it is which is the most expensive city in the world....

$600 a month people will had pay in their apartments...

Their families would had taken: $1 Million each year from the apartments and the rest is/would have been donated...

PERDUE

I am so happy for them. I hope they set aside enough to cover the medical bill that might roll in after the cancer treatment. Not sure about the Canadian medical system. I wish Ms Violet nothing but a 10,000% recovery from the cancer she had to deal with.

HaveABall's avatarHaveABall

Kudos, LotteryPost, it is interesting to read how each double-digit, net multi-millionaire lottery jackpot winner "spends" their win monies.  I enjoyed reading that they included family members in the distributions. 

Since this couple could be alive for another 20 years, I hope that they at least kept $2.5 million for themselves though, regardless of telling the media they gave it all away within 3 months. 

Perhaps now the Larges could enjoy a long, fun Alaskan and Hawaiian cruise together each year ... could enjoy living LARGE!Cheers

CAL-LottoPlayer

pumpi76 said:  "they could had with: $11 Million buy 22 rental apartments of 8-12 stories with 4 apartments on each floor around the world or in Canada...Each costing: $600,000 to $700,000 construction cost..."

It's a common misconception that Lotto winners collect the entire amount of the stated jackpot. Actually, the amount Lotto winners collect, after receiving the cash payout and deducting taxes, is about a third. The amount they actually collected was about $11.2/3 or $3.73 million.

I do see your point about purchasing apartment buildings and then renting them out. However, you're forgetting that apartment buildings have taxes, upkeep costs, repair costs, and labor costs involved. If a landlord is lucky, he can use one apartment to give for free to a maintenance man. However, the landlord would still need to pay at least a partial salary. In addition, the landlord would need to pay for any materials costs for any repairs.

Finally, and most importantly, you have the biggest problem especially in this economy. Occasionally you will have a renter who cannot or will not pay his rent. Then you have to legally evict the offending renter. Some will go willingly, some you will need to hire an attorney to institute removal procedures. Attorney fees can run as high as $350/hour! In some legal districts, especially in urban areas, tenant eviction can be a lengthy and expensive process, taking many months! Meanwhile, while the landlord is waiting to evict the offending tenant, the tenant is still in your apartment sitting there angry at you. He can do whatever he pleases to your apartment, punching holes in the drywall, smashing the fixtures, ripping out electric wiring, etc... Then, one day, the tenant can simply disappear and you're left with a smashed up apartment you will need to repair and the security deposit only covers a fifth of the repairs.

getmoney007

Quote: Originally posted by CAL-LottoPlayer on Nov 4, 2010

pumpi76 said:  "they could had with: $11 Million buy 22 rental apartments of 8-12 stories with 4 apartments on each floor around the world or in Canada...Each costing: $600,000 to $700,000 construction cost..."

It's a common misconception that Lotto winners collect the entire amount of the stated jackpot. Actually, the amount Lotto winners collect, after receiving the cash payout and deducting taxes, is about a third. The amount they actually collected was about $11.2/3 or $3.73 million.

I do see your point about purchasing apartment buildings and then renting them out. However, you're forgetting that apartment buildings have taxes, upkeep costs, repair costs, and labor costs involved. If a landlord is lucky, he can use one apartment to give for free to a maintenance man. However, the landlord would still need to pay at least a partial salary. In addition, the landlord would need to pay for any materials costs for any repairs.

Finally, and most importantly, you have the biggest problem especially in this economy. Occasionally you will have a renter who cannot or will not pay his rent. Then you have to legally evict the offending renter. Some will go willingly, some you will need to hire an attorney to institute removal procedures. Attorney fees can run as high as $350/hour! In some legal districts, especially in urban areas, tenant eviction can be a lengthy and expensive process, taking many months! Meanwhile, while the landlord is waiting to evict the offending tenant, the tenant is still in your apartment sitting there angry at you. He can do whatever he pleases to your apartment, punching holes in the drywall, smashing the fixtures, ripping out electric wiring, etc... Then, one day, the tenant can simply disappear and you're left with a smashed up apartment you will need to repair and the security deposit only covers a fifth of the repairs.

In My opinion these people are content with their lives and giving away the money gave them the ultimate pleasure....It was a fantastic thing they did. I strongly believe their age and life experiences had allot to do with their decision. We all walk different roads, Let's just pray that at that age we all will be in a position to do for others and help others the same as they did. God bless their kind Souls.

savagegoose's avatarsavagegoose

what can i say, sure they could have done a myriad of things but they did what they wanted, and as far as altruism , ive never seena more generous act in my life.  now if a 30 yo couple did it i might think even more of them.

 

big round of applause.

Cheers

brownberry's avatarbrownberry

they will always be blessed. they did a good thing.

rdgrnr's avatarrdgrnr

You don't see people as selfless as these very often.

God bless em.

dphillips's avatardphillips

Wow, what a noble, unselfish gesture -- that's a hard act to follow! Not every lottery winner can be that generous to the extend they are left with nothing left. The couple seem content and they're definitely not materialistic. Eleven million tax free dollars can be used to help others. However, to be honest with you, I wouldn't be that generous -- maybe some to my favorite charity -- but not all of it. I definitely have to think about my financial future, too, and that's not being selfish.

joker17

Quote: Originally posted by dphillips on Nov 4, 2010

Wow, what a noble, unselfish gesture -- that's a hard act to follow! Not every lottery winner can be that generous to the extend they are left with nothing left. The couple seem content and they're definitely not materialistic. Eleven million tax free dollars can be used to help others. However, to be honest with you, I wouldn't be that generous -- maybe some to my favorite charity -- but not all of it. I definitely have to think about my financial future, too, and that's not being selfish.

They did that because they are nearing the end of their lives, so they wanted to do something noble before leaving this Earth. I doubt a couple who were in their 20s would do the same.

jeffrey's avatarjeffrey

I would be happy to give some to the local animal shelters, habitat for humanity, leukemia/lymphoba society, etc. These people make a difference in the world.

s1sboo

I should of given them my address..lol..since i am unemployes and could of used a few $$Bills

RJOh's avatarRJOh

I think if I won that kind of money and strangers started showing up expecting a handout I would just tell them too late I have given it all away to family and charities that I support even if it wasn't true.  That way they wouldn't waste my time expecting me to listen to their explanation of why I should give them my money.

ttech10's avatarttech10

Quote: Originally posted by CAL-LottoPlayer on Nov 4, 2010

pumpi76 said:  "they could had with: $11 Million buy 22 rental apartments of 8-12 stories with 4 apartments on each floor around the world or in Canada...Each costing: $600,000 to $700,000 construction cost..."

It's a common misconception that Lotto winners collect the entire amount of the stated jackpot. Actually, the amount Lotto winners collect, after receiving the cash payout and deducting taxes, is about a third. The amount they actually collected was about $11.2/3 or $3.73 million.

I do see your point about purchasing apartment buildings and then renting them out. However, you're forgetting that apartment buildings have taxes, upkeep costs, repair costs, and labor costs involved. If a landlord is lucky, he can use one apartment to give for free to a maintenance man. However, the landlord would still need to pay at least a partial salary. In addition, the landlord would need to pay for any materials costs for any repairs.

Finally, and most importantly, you have the biggest problem especially in this economy. Occasionally you will have a renter who cannot or will not pay his rent. Then you have to legally evict the offending renter. Some will go willingly, some you will need to hire an attorney to institute removal procedures. Attorney fees can run as high as $350/hour! In some legal districts, especially in urban areas, tenant eviction can be a lengthy and expensive process, taking many months! Meanwhile, while the landlord is waiting to evict the offending tenant, the tenant is still in your apartment sitting there angry at you. He can do whatever he pleases to your apartment, punching holes in the drywall, smashing the fixtures, ripping out electric wiring, etc... Then, one day, the tenant can simply disappear and you're left with a smashed up apartment you will need to repair and the security deposit only covers a fifth of the repairs.

This wasn't US though, so that's the amount they got. It didn't go half because of advertised annuity and then half again for taxes (I know it's not actually half here but you get what I'm saying).

 

In the Washington Post it actually said they won $10.9 million and they gave $10.6 million away (98%).

http://www.washingtonpost.com/wp-dyn/content/article/2010/11/04/AR2010110404948.html

 

 

This is a good story to here, though. My first thought was "well if you didn't want the money then why did you play" but after I thought that they figured if they won they would be able to help a lot of people compared to just the one person benefiting if someone else won.

Todd's avatarTodd

Quote: Originally posted by ttech10 on Nov 4, 2010

This wasn't US though, so that's the amount they got. It didn't go half because of advertised annuity and then half again for taxes (I know it's not actually half here but you get what I'm saying).

 

In the Washington Post it actually said they won $10.9 million and they gave $10.6 million away (98%).

http://www.washingtonpost.com/wp-dyn/content/article/2010/11/04/AR2010110404948.html

 

 

This is a good story to here, though. My first thought was "well if you didn't want the money then why did you play" but after I thought that they figured if they won they would be able to help a lot of people compared to just the one person benefiting if someone else won.

I'm sure the Washington Post is simply giving the US Dollar equivalent of the Canadian jackpot. 

$10.9 million is the US Dollar equivalent Lottery Post has recorded on the Canada Lotto 6/49 Jackpot History page for Jul 14, 2010.  (The Lottery Post database records the value of jackpots and their US Dollar equivalents on the specific dates in question, so that Lottery Post premium members have access to the actual value as it was on that date.)

seanoairborne

In Canada there is no tax on lottery winnings....you get the whole thing!Congrats to these great people...may they live to be a hundred or more and stay in good health!!

Hammer1

You can fix a broken leg and you can fix a broken arm, but you can't fix STUPID.

thegrrrr8est

I'm not sure I understand why they played the lottery to start with. I get giving it away to help causes you really care about, but the tone I got from the article was that the money was just a big pain in the ass. They didn't anticipate that they'd actually have to do something with the money?

rdgrnr's avatarrdgrnr

Quote: Originally posted by thegrrrr8est on Nov 4, 2010

I'm not sure I understand why they played the lottery to start with. I get giving it away to help causes you really care about, but the tone I got from the article was that the money was just a big pain in the ass. They didn't anticipate that they'd actually have to do something with the money?

They probably didn't fully realize how important their simple life and peace and quiet was to them and wanted to put all the commotion behind them once and for all.

These people know their priorities.

Kv0nT

Am I the only one who thinks it's odd that these people retired 27 years ago at 48 from menial jobs that really don't pay much and yet are living comfortably?  I know it's a nice touching story, yadda yadda and all that jazz, but let's be honest.  This dude is probably living off of a pension, and he's probably withdrawn way more than he ever put into it.  That's pretty messed up.  These people should at least use some of their winnings and stop spending money they couldn't have possibly earned by the age of 48!

rdgrnr's avatarrdgrnr

Quote: Originally posted by Kv0nT on Nov 4, 2010

Am I the only one who thinks it's odd that these people retired 27 years ago at 48 from menial jobs that really don't pay much and yet are living comfortably?  I know it's a nice touching story, yadda yadda and all that jazz, but let's be honest.  This dude is probably living off of a pension, and he's probably withdrawn way more than he ever put into it.  That's pretty messed up.  These people should at least use some of their winnings and stop spending money they couldn't have possibly earned by the age of 48!

They sound like criminals the way you talk about them. Wow. Bad mood today?

Kv0nT

Well it's just extremely ironic, that this act of altruism is rooted in the immorality of unearned entitlement subsistence.

sully16's avatarsully16

They seem like well grounded folks, they know what is truly important to them.

rdgrnr's avatarrdgrnr

Quote: Originally posted by Kv0nT on Nov 4, 2010

Well it's just extremely ironic, that this act of altruism is rooted in the immorality of unearned entitlement subsistence.

So you're saying their income was earned surreptitiously in some manner? They violated the terms of a contract somehow? I don't get it.

JWBlue

If these people were younger, there is zero percent chance they would have given away all that money.

 

What are these people going to do with all that money?  Buy fancy cars, travel,?  No and no.  Too old for those things.

 

It is commendable, but let's look at reality.

rdgrnr's avatarrdgrnr

Quote: Originally posted by JWBlue on Nov 4, 2010

If these people were younger, there is zero percent chance they would have given away all that money.

 

What are these people going to do with all that money?  Buy fancy cars, travel,?  No and no.  Too old for those things.

 

It is commendable, but let's look at reality.

Holy Moly, I can't believe all the ill will expressed towards these nice people.

Maybe we should throw them in jail to make everybody happy.

RJOh's avatarRJOh

Quote: Originally posted by rdgrnr on Nov 4, 2010

Holy Moly, I can't believe all the ill will expressed towards these nice people.

Maybe we should throw them in jail to make everybody happy.

The only people that might be happy are those who expressed ill will toward them and they don't deserve to be happy at their expense.  After all they probably weren't trying to make people happy that they didn't know.

Coin Toss's avatarCoin Toss

What they did is incredible.

I just hope the adage "no good deed goes unpunished" doesn't prove itself out in their case.

Since Canada doesn't tax winnings and the U.S. does, I wonder what would hapen to a U.S. winner that did this. I know, they are taxed beore receiving the check, but don't they usually have some more taxes at the end of that tax year?

Taxman

"Well, now I sure hope they left some out for me.  Now, what was that Nova Scotia address....."    The Taxman

SnappyDan

I hope they paid their taxes on the winnings, otherwise Department of Revenue ( I'm not shure what you call the Internal Revenue Service in Canada) will come after them donations to charity or not.  The IRS here in the states would!

vaughnmichael

Just "FYI".............Canadian Lotto winnings are NOT taxed either by the Federal or Provincial government.

SnappyDan

Quote: Originally posted by vaughnmichael on Nov 5, 2010

Just "FYI".............Canadian Lotto winnings are NOT taxed either by the Federal or Provincial government.

WOW!  That really suprises me!  Here in the states it's taxed as ordinary income and transfers to family members or other individuals are tax free if the are under $13000.00/yr after that there is a transfer tax.

Daveyl

They're obviously good folks who, despite their problems, donated their winnings to worthy causes. God Bless 'em!

computerhead723's avatarcomputerhead723

now  thats  what  I  call  a  true  christian  and had  a  lot  of   guts  most  people  don't  have ....

The  Love  for  the  other  is  all  they  needed I Agree! ApproveBlue Angel

TheGameGrl's avatarTheGameGrl

Shiver me timbers, but I'm gonna do it! Yup..I am agreeing 100% with RDGRNR's comments and the article ! The CANADIAN NON TAXED WINNERS are remarkable and deserving of acknowledgment for a good deed.

rdgrnr's avatarrdgrnr

Quote: Originally posted by TheGameGrl on Nov 6, 2010

Shiver me timbers, but I'm gonna do it! Yup..I am agreeing 100% with RDGRNR's comments and the article ! The CANADIAN NON TAXED WINNERS are remarkable and deserving of acknowledgment for a good deed.

I always knew there was something about you I liked.

You're smart!

crystaltips's avatarcrystaltips

Best lotto winning couple like, ever.

 

All the best to these wonderful people!Cheers  xx

crystaltips's avatarcrystaltips

Here in the UK we get the estimated amount to be won and maybe more depending on ticket sales. We get all the winnings. None of the 'clawing back' nonsense :)

HaveABall's avatarHaveABall

Quote: Originally posted by crystaltips on Nov 6, 2010

Here in the UK we get the estimated amount to be won and maybe more depending on ticket sales. We get all the winnings. None of the 'clawing back' nonsense :)

I Agree!  It is always wonderful when a country has zero taxes for lottery winners to pay!!! How exciting!!!

The downside is that most of those countries charge their income generators closer to 50%+ of their income; that is a lot more than the U.S.A. has charged in decades (may the U.S.A. never charge income receivers more than they currently do, since it's just increased).

So there you have it, income is rarely as it appears at first glance; rather it is a complex mix. Smash

savagegoose's avatarsavagegoose

yeah if these people where more like me they wouldnt have given 1 red cent away

rdgrnr's avatarrdgrnr

Quote: Originally posted by savagegoose on Nov 7, 2010

yeah if these people where more like me they wouldnt have given 1 red cent away

Sounds like you don't believe in Karma and yin and yang and what goes around comes around and all that stuff.

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