Would you trust yourself with infinite wealth? (lemmy.zip)

submitted 2 weeks ago by atotayo@lemmy.zip to c/asklemmy@lemmy.ml

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Let's say that you have an opportunity to gain billions to fix the society from the top. Do you think that you would keep your integrity and use your money for the greater good, or that you would be corrupted by your power?

If so, would you still accept the offer knowing that you would just make the situation worse?

And if you believe in yourself, how would you try to convince an hypotetical entity to give you this wealth?

To avoid regrets let's say that if you decline the offer your memory about the deal gets erased.

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[-] anomnom@sh.itjust.works 13 points 2 weeks ago

It’s actually really hard to get a billion dollars directly from the lottery.

You pay like 60% (or more maybe?) taxes if you take it as a lump sum. And still lots of taxes if you annuitize it, and then it will take too long to be a billionaire unless you win it in your 20s maybe.

[-] CanadaPlus@lemmy.sdf.org 1 points 2 weeks ago

You also have to win a full billion in the first place, and someone else pointed out the highest winnings are actually juust short. So, technically I was wrong, although the point still stands.

[-] Bronzebeard@lemm.ee 2 points 2 weeks ago

There's been several winning jackpots over a billion now. There was one a couple weeks ago.

[-] CanadaPlus@lemmy.sdf.org 1 points 2 weeks ago* (last edited 2 weeks ago)

~~Yeah, but apparently they've all been split a few ways.~~

It's a distinction without a difference, but there you go.

[-] Bronzebeard@lemm.ee 2 points 2 weeks ago

Are you saying the jackpot, or the one time cash out value which is always less than the annuity value? Because those are different things. And there's several jackpot values that were single tickets above 1 bln

[-] CanadaPlus@lemmy.sdf.org 1 points 2 weeks ago

Ah shit, you're right. I was reading the table wrong.

Okay, so the top one is actually a two billion jackpot that came out to just below a billion due to the way the cash is awarded.

this post was submitted on 16 Jan 2025

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