Since buying and giving in permament use is not gifting, I can go with that option.
I am going to finance some movies and video games. I might even make it back.
Shiiiiiiiiiiiiiiiiiiiiit homie, I would just buy 335952 acres of west Texas desert for a cool $243 million. Done where’s my money?
Build and fund a Marxist think tank, think tank of the Proletariat
Sleep with pornstar. Excessive hush money. Boom!
I think most of us would get paid to keep things quiet. I’m not important enough for hush money.
Give it to me, I’ll invest it
no gambling
It’s only gambling if you intend to sell it off for a profit. I just want to own a piece of a cool company.
Sure on stocks, but would bonds be considered gambling?
Easy, buy up a bunch of land for conservation
Buy $20 for $100 million. If you can “buy” nft’s then Idk why you can’t buy something with less value.
The $20 bill has a unique serial number just like the nft.
It’s even better because no one else can have that same bill at the same time.
There are some recent $1 notes where the same serial was issued twice.
https://www.mycurrencycollection.com/blog/1-2013-new-york-duplicate-serial-number-mistake
Still 2 different bills.
i believe the IRS would consider this a gift.
If you can “buy” nft’s then Idk why you can’t buy something with less value.
I’ll tell you why: because there’s nothing with less value than an nft.
I just remember the day, as a software dev with a solid understanding of Blockchain, my older dev neighbor started explaining how NFTs worked
I thought he was confused or stupid or something.
“Wait, so like you have these super rare images, proof you own it on a Blockchain, and a link to the place they’re all publicly hosted?”
Him: “Yep”
“And the only use for these right now is as a profile picture?”
Him: Shrug, “yeah, people use them for discord and stuff”
“But… Couldn’t you just download the image and use it anyways?”
Him: “Yeah, it’s all publicly hosted”
And it was about then my brain locked up. I did multiple hours of research later, sure I had to be missing something
You can buy medical debt, that has lots negative of value to the indebted.
Lol That’s damn good.
In “Bewster’s Millions” he also had to have nothing of value at the end.
So yes that is a good method for this formula of the question.
Property can take a while to close — offer to title in under 30 days is on the quick side.
Of course, you could probably close very fast if you offered 100M cash on a 10M property…
If you’re buying vacant land and paying cash, you can close really quickly as there’s nothing in need of inspection, and loan processing times aren’t a factor… I have a buddy who just purchased 100+ acres of vacant land from a logging company. He paid cash and was able to close in just a few weeks.
yeah, usually closing time is just buffer time for people to get their affairs in order, move out, inspections, lawyer stuff, etc. If you offer straight up cash and pay a boatload to the lawyers to get the paperwork done up ASAP, you can close likely within a couple weeks
Sent this to my friend at AWS and he said it was already all-over their internal Memes Slack channel. At least their engineers and project managers are in on the joke. 😁
Treasury bonds here I come
Investments are probably covered under “gambling”.
No knowledge of the financial stuff, but maybe: put most of it in a variety of ETFs, hire a financial advisor and an accountant to help you navigate the system and the taxes, then cash out and donate it.
You spend it without giving it away. Then you give it away. Some countries give you a lot of it back at tax time if you donate to registered charities so you’ll even get something for it. I dunno, I’m a poor so maybe it wouldn’t work out, but it would be cool.
“Investing” is just gambling with extra steps.
Yes, and ETFs have the best odds with pretty low, but relatively stable, returns. It’s fairly low-risk because that’s how index funds work. Retail investing is not really for me, so low-risk is the most I am comfortable with.
In this scenario, I only need to keep the money in stocks for 1 month. It’s not like investing in crypto, I’d lose barely any of it in that time if I lost anything at all.
Buy a few houses? How long does that take if You have cash?
It’s taking the premise of Brewster’s Millions, which required that he not only spend the money, but that he has to have nothing left at the end, including assets. So, buying a house doesn’t work because you still own the house.
Obviously there are still plenty of ways to drop millions on stuff without having anything to show for it. Hell, it’s probably easier now than ever before. Just become a whale for a mobile game and you’re there.
Just become a whale for a mobile game and you’re there.
I’d rather literally burn all that cash
Well if taking the rules literally, that’s allowed too!
As long as you resist whatever urge you might have to throw out the ashes before you get the billion, you’re not throwing them away!
I wanna say they specifically called out property destruction as being against the rules. And overpaying as well iirc, so you can’t offer someone millions for a sandwich that you then eat.
Plus, if we’re being pedantic, burning the money isn’t spending it, which is what he is supposed to do.
The movie also has the advantage of having a contract that presumably covers any other loopholes the audience thinks of, but which they don’t explicitly address in the script. Once you take it out of a movie and start treating it like a challenge to be solved, you can no longer hide behind some unseen fine print.
they specifically called out property destruction as being against the rules
Not in this meme, which is what I’m referring to.
And overpaying as well
So that rules out spending them in the US and several other countries…
In under-regulated capitalism, prices aren’t set at what’s fair, they’re at the maximum that they can get away with without losing too many sales/clients.
That’s by definition overpaying from the perspective of the buyer/client.
Plus, if we’re being pedantic
We are indeed. Carry on, good sir/madam/cuttlefish
burning the money isn’t spending it, which is what he is supposed to do.
Damn, you got me there. Good point 😁
The movie
Again, I was referring to the meme only, not the movie that inspired the premise
also has the advantage of having a contract that presumably covers any other loopholes the audience thinks of
That’s a mountain sized presumption…
Once you take it out of a movie and start treating it like a challenge to be solved, you can no longer hide behind some unseen fine print.
Good. Genies have had it too good for too long 😛
Excuse me, but my waifu has plenty of assets!
Mobile game, uhg! Think of the services: a month’s worth of the best eats: 90 meals from the world’s 100 most famous chefs, each flown in to serve you. (Presumably 10% would decline even $1m for a single meal.) Concerts from semi-famous bands every three nights. Boom, $100m spent!
Mobile games are easier and funnier though 😉
Lol, just buy one house in the US.
Most homes in the US don’t break a million in up front cost, unless you’re buying in one of the very popular “reality warp” locations that are in absurdly high demand (SF Bay area, Redmond, Dallas, New York, etc).
True. Maybe… 3 houses instead?
The national average house price in the US is about $300k, so you’d need to buy about 320 houses to spend the $100 million
I could make that work. 🤔
I’ll become the Oprah of houses. You get a house, you get a house, everyone gets a house.
Ever heard of this game called “Star Citizen”?
from 714 millions to 814 millions in one day. nice :D
Surely that will be enough for them to finally finish the game right? COPIUM
I don’t think that money is the issue any more, time and scope would be the issue. Lets see if 4.0 actually arrives this year
I would buy so many windmill permits with that money.
Would donations count as gifting? There are so many FOSS projects that could use the cash inflow.
If it doesn’t count, well, prepare for a deluge of hentai to show up in a month.
I was thinking about not donating to charity but buying stuff directly and asking them for support to ship it. Basically that makes you buy and not gift. If you buy 1 gigaton of rice for Ethiopia (I have no clue how many people a gigaton of rice would feed and I also have no clue whether Ethiopians need any rice) from Costco, well, then you have spent the money on it. Fuck it, maybe buy a boat. A ferry to ship it all directly. Buy land and don’t gift but let workers work there. For free. For eternity. Oh you happen to pay them 50 times the average salary of their country? Well you’re probably a bad businessman but you’re not gifting. Pay the lawyers to make a bulletproof testament where you explicitly state that these poor fellas will never own the land but will for eternity be able to use it for free until the sun explodes.
And then bribe. Bribe away the heartache, bribe away the pain. Bribe the SCOTUS to retire. Bribe Putin to stop the war and fuck off. Bribe Trump to fuck off. Bribe Musk to get a vasectomy and fuck off. I mean you’re basically just lobbying at that point but we all know that that’s bribing and not gifting.
I also have no clue whether Ethiopians need any rice
The Ethiopian famine was 30 years ago. Not that they haven’t had troubles off-and-on since then.
I love that idea that you’d just go to your local Costco, say “One gigaton of rice please” and they give you a voucher to go to the front of the store where high value items are handed out after purchase.
Yes. You can buy their support though.