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[–] SocratesOP 0 points 3 points (+3|-0) ago 

Don't know why everyone would take the milli. It really doesn't go as far as it used to. With the other option I have a 50% chance of retiring before I hit 30. If I don't win it, then life hasn't changed for me. Things aren't so bad now, so the 50% chance is a much more lucrative offer. On average, people would get 50mil from the latter option, while you can only get 1/50 of that with the first.

[–] [deleted] 0 points 4 points (+4|-0) ago 

[Deleted]

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[–] SocratesOP 0 points 2 points (+2|-0) ago 

Are you assuming 100% of people who invest their million will exceed the 100mil? If anything you've now traded a concrete 50% to bank on your ability to invest and multiply that million (which will be significantly less than a mil after taxes). I know - and I hope you know too - that many times your business ventures don't turn out "all profit" like you planned them. The investors making real money have a lot more to work with than a measly 1mil. To always come out in the green you need to be a big fish now, or have good luck. I think I'd rather take the 50% chance at an early lavish retirement.

Just my perspective.

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[–] oedipusaurus_rex ago 

I don't want to retire. I love what I do for a living. A million bucks is more money than I know what to do with, to say nothing of 100 million. It makes more sense to me to take the million than to gamble with that much money.

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[–] SocratesOP ago 

It's not gambling since you didn't put any money up against it. It is just a chance. Obviously you don't have to retire, that's just a personal plus I see out of the 100mil.

If the trade off was you are either broke or you get the 100mil then I could see how this is gambling, but not getting it would mean you keep working at the job you say you love. Doesn't sound so bad to me