Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?
Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?
What? $66K in the USA is more than most. It can be a really great life. How the fuck can $66K be a pittance?
Editing to add: Real median household income was $70,784 in 2021
That’s like one ambulance trip
Also, 66k with no rent or car payments.
Who ever said you wouldn’t have rent or car payments?
If you started with $100M, you definitely could buy yourself a house and car before donating the rest. Hell, you could buy it out of the $2M and still be better off than most folks.
They clearly said what they were going to do with their money. That was not in the list. If you want to start going outside of the list then that’s fine, but don’t pretend that that’s what OP said.
Omg this is the most redditor argument I’ve seen off reddit. No one likes a pedant.
Also, they do state they would pay off their mortgage, so not only are you a pedant but also a wrong one at that.
Would you be happy making that until you died? With no ability to increase that amount, even as inflation continues up? No, I would bet not.