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I'll take the 50/50
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This isn't a reasonable question and imo anyone who takes the million is a fool. 10 million would be a better question. 1 million is not a lot of money although it seems like it. If the money gets taxed you're looking at what 650k? Once I pay off my immediate families school loans and the family house and whatever other expenses are plaguing us we'd be lucky to have 100k left in the bank. It's just not enough money to really change your life and get ahead of the curve.
Green button for sure. Wouldn't have to work again.
I'm assuming the money isn't tax free so the 1 mill is really 500K and I would immediately pay off my loans and have a little less than 400K left. A very large sum to receive at one time of course but not a long term life changer - still would continue working in my chosen field
tax free money or not
guaranteed money>>>chance to WIN money.
So let's change it to guaranteed 100K vs a 50% chance to win $10 billion.
Would you still take the guaranteed money? Purposely using a ridiculous comparison.
People are in different situations so the amount of money means doesn't mean the same to everyone.
I'm not rich but I'm fortunate enough to be in a situation where $1 million wouldn't drastically change my life. $100 mill would and I'll take that 50%.
$100k is nothing though, id def jump at the chance to win $10 billion i mean who wouldnt?
$1 mill is 10x the amount of $100k, theres a difference.
but if you were presented with this example you would have the $1M, guaranteed. It's whether or not you accept it.im gonna have to agree with zyzz
if you dont have neither to begin with...............
So is it safe to say, the "wealthy" will take the 50/50 and the "not so wealthy" will take the guaranteed money?
That million could sit in the bank make 50000k a year.
Real talk, I would go back to school and live off that.
I'm hitting the red button.
ExactlyI think it's more like the " non-hustler" takes the chance and the "hustler" takes the instant milli knowing he can turn it into 100 milli.
nah. $0 is nothing. A mill in the bank is making anybody's situation better. yall can take the coin flip. im taking guaranteed million easy.mill is nothing , still gotta work ....... 100 mill? ...i can be a part owner of a sports franchise....yahts,mansion bugatti's etc
Green... .a million really isn't that much