$1 million cash or a chance to win $1 billion on a coin flip?

[Richmma80]

A million bucks is like 50 bucks in 2020 with today's inflation

 

[StopDucking]

Edited the OP a little bit for people living in expensive areas.

 

[milliniar]

While a million isn't much, especially in areas where that can't pay for a house. I'd take the million pay off debt, a new fully paid house, a new vehicle, and keep working this would allow me to free up income for investments and be better set for retirement. Yes it is not 1 billion but it works. Now if 1 million couldn't buy the house where I live flip for the billion!!

 

[StopDucking]

Now if 1 million couldn't buy the house where I live flip for the billion!!

Yeah, had to make that edit.

 

[Amerikuracana]

Is there a gun with a single bullet available in case I lose the coin flip?

 

[Pliny Pete]

Edited the OP a little bit for people living in expensive areas.

2 million, even better!
Two birds in the hand everytime...

 

[StopDucking]

Is there a gun with a single bullet available in case I lose the coin flip?

 

[BayAreaGuy]

Coin flip.

My life is already good (middle class, I'm not a big spender) as is, so the 50/50 flip is worth the risk instead of the free million.

 

[StopDucking]

A million bucks is like 50 bucks in 2020 with today's inflation

 

[Alphaboy]

A bird in the hand is worth more than 2 in the bush... The guaranteed million.

Can you imagine taking the coin flip, losing, and leaving with nothing?

 

[chill doggie]

I would run out of time and get $0.

 

[Amerikuracana]

Now we’re talking. The girls in my mind are getting more and more horny at the scenario.

 

[Amerikuracana]

A million bucks is like 50 bucks in 2020 with today's inflation

Oh my ass I do purchasing and the prices and cost of most items hasn’t even gone up that much.. They are just charging you more at wal mart because you’re dumb enough to keep typing stuff like you just did lol

 

[djacobox372]

Fyi: $1 million is $2,778 per month over 30 years if you wanna quit your job, which I wouldn't recommend.

It's much more than that. The average stock market return is 9.75%, so even without touching the original principal you're making nearly 7k a month, and that's AFTER uncle Sam takes his 15%

 

[LEWIS540]

Taking the million is actually giving up 499 million.

 

[Ballsaque]

If we go by math, not picking the coin flip is illogical but I would still take the cash. Funny how our brain works.

Just means youre probably poor

 

[LEWIS540]

A bird in the hand is worth more than 2 in the bush... The guaranteed million.

Can you imagine taking the coin flip, losing, and leaving with nothing?

.....but a bird in the hand is not worth a thousand birds in the bush.

 

[Alphaboy]

.....but a bird in the hand is not worth a thousand birds in the bush.

Hm...

 

[Cpt Migraine]

Depends..

Scenario one i take the million.. i like my job and my average yearly passive income is about 70% on invested capital.. in sweden that nice million dollars is a lot..

Scenario 2 i take the billion dollar coinflip and get some bettors/investors and make a way better deal than a million win or lose being willing to part with a majority of that billion.. anyone with a billion dollars would be willing to bet a tenth for the 50/50 opportunity of doubling up..

 

[dc007]

I'll take the million. I don't like to gamble.