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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
Either way it isn't bad. My thinking though is that there isn't much of a difference between 1 mil and 100 mil to me. Either way it's an obscene amount of money. 1 million is about 16 years worth of salary at a decent paying job. I also get that 100 mil is 1600 years salary. At that level though we're talking about an amount of money that I honestly cannot comprehend. Either way the money would be going into a nest egg since I can't think of anything that I would spend it on, so it's better for me to take the 100% chance of gaining it than a 50/50 shot of getting it.
I can see where you're coming from, but the only reason you can't see the difference is because you don't regularly deal with large sums of cash. It's the same scale as someone asking if you'd want a dollar or a 50% chance of a hundred bucks. Whatever you want to do with a mil you could do 10000% more with the 100mil.
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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
[–] oedipusaurus_rex ago
Either way it isn't bad. My thinking though is that there isn't much of a difference between 1 mil and 100 mil to me. Either way it's an obscene amount of money. 1 million is about 16 years worth of salary at a decent paying job. I also get that 100 mil is 1600 years salary. At that level though we're talking about an amount of money that I honestly cannot comprehend. Either way the money would be going into a nest egg since I can't think of anything that I would spend it on, so it's better for me to take the 100% chance of gaining it than a 50/50 shot of getting it.
[–] SocratesOP ago
I can see where you're coming from, but the only reason you can't see the difference is because you don't regularly deal with large sums of cash. It's the same scale as someone asking if you'd want a dollar or a 50% chance of a hundred bucks. Whatever you want to do with a mil you could do 10000% more with the 100mil.