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Comedian Yakov Smirnoff Expecting Baby No. 3 at 74, Jokes He'll Get a 'Senior Discount' on Diapers

Stand-up comedian Yakov Smirnoff, 74, is expecting his third baby with his wife Olivia, announcing the exciting news exclusively with PEOPLE.

The actor and writer recalls the special moment when he and his wife heard the baby's heartbeat for the first time, sharing the different reasons they both started crying. I was crying because this kid is going to college one day, and with my genes, there’s no chance of an athletic or academic scholarship — unless making people laugh counts as extra credit," jokes Smirnoff. Now, she’s planning to push out something the size of Epcot Center, and suddenly she’s a pioneer woman," he says, jokingly picturing the moment his wife denies an epidural.

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