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[–] Dantalian ago  (edited ago)

I'd take the "small loan" of 1 mil and turn it into a billion dollars with smart-like business stuff.

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[–] Gardmeria ago 

instant. All I need is a million to solve LOTS of problems and live happily while continuing to do my usual thing

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[–] HitlerIsBlack ago 

I'd take the coin flip, a million is enough for me to live comfortably for the rest of my life, but the 100 mil is enough for my whole extended family, i'd do it for them.

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[–] Doomking_Grimlock ago 

Depends on what I have to do for it. I don't need 100mil, heck, I don't even really 1 mill. A hundred grand could put me in a better situation than I've ever been in in my whole life. If they're just giving me 1 million or giving me some task with a fifty fifty shot of paying off 100mil, I'll take the 1mil, and use it so that ten years down the road, I'll have more than that.

First, I'd pay off my debts. Second, I'd hire a good financial advisor who could help me make my money grow. Third, I'd get a decent used car with low miles and high MPG, fourth I'd get set up with a local college and get the degrees I need to have a decent career. Finally, when I have my degrees, I'd take what money I have that hasn't been invested, buy a nice piece of land somewhere quiet, buy a house, and live comfortably for the rest of my life.

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[–] chryseos-geckota ago 

1 million would definitely do for me. It'd be incredibly tempting to "flip the coin," but I think I'd take the million. Probably 20 years work for most of that to earn that much, after taxes.

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[–] 5169520? ago 

A million bucks is enough to live comfortably for the rest of your life. I'd happily take it, as long as it was tax-free.

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[–] Fred ago 

50% chance. I take worse odds weekly when I buy lotto tickets.

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[–] rwbj ago 

The million and it's not even close.

Index funds have been hitting returns pushing towards 10% for many years now. That million is potentially worth $100k a year - indefinitely. Even if we assume we pay about 40% taxes on it, that's $60k a year and capital gains in countries like the US are taxed unreasonably low meaning we're paying a lower tax rate on that 60k per year than you'd pay if you worked for and earned $30k a year.

As a software engineer that's enough to be able to work on whatever projects I want for the rest of my life without ever having to concern myself with commercial viability.

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