Daily Grand
$1,000 a day vs lump sum
Compare Daily Grand's $1,000 a day for life with the $7 million lump sum. Adjust years and interest rate to see when each option comes out ahead.
Within 40 years the invested lump sum stays ahead.
| Year | $1,000/day total | Lump sum invested |
|---|---|---|
| 1 | $365,000 | $7,210,000 |
| 5 | $1,825,000 | $8,114,919 |
| 10 | $3,650,000 | $9,407,415 |
| 15 | $5,475,000 | $10,905,772 |
| 20 | $7,300,000 | $12,642,779 |
| 25 | $9,125,000 | $14,656,446 |
| 30 | $10,950,000 | $16,990,837 |
| 35 | $12,775,000 | $19,697,037 |
| 40 | $14,600,000 | $22,834,265 |
Simplified: ignores inflation and taxes on investment income (Canadian lottery prizes themselves are tax-free). Confirm current prize options with your provincial lottery before deciding.