$10 Million Dollars USD or $1,000 USD a day for...

[czarek]

Ofc 10mln$
We dont know which relative value to goods 1000$ will have in 20-50years. Relativly 1000$ in futere can be worth 10$ now.
Investing 10mln$ now can made another 10 throug years or even more.

[Strawberry]

10 million > call lawyer > call Trust Investment Firm > profit > children profit > grandchildren might profit

typical human. Raise children, make sure they have a great life, but fuck your own life. It doesn't matter.

[Independent voter]

Didn't we already answer this question?

[yetgdhfgh]

10 mil up front for me

I aint greedy plus i doubt i will live till iam 100 so that 10 mil would set me and my family up for life.

Same with the lottery today i would always take the lump sum no matter how much its taxed.

[Thetruth1400]

$10M up front would result in about $4M in taxes, leaving you with $6M left.

On $1,000, you're taxed at about 25%, so $750 a day.

That's 8,000 days, or about 21 - 22 years to equal the same pay.

If you have a firm grasp on stocks, bonds, investments, and an iron will for self control, or are older / sickly, then the $10M is the way to go.

In any other situation, $1,000 a day is the way to go.

The average American household has $137,063 in debt. If you put every penny that wasn't paid to taxes ($750 a day) to paying that debt off, you would be debt free in 183 days, or a little over 6 months. After that point, you'd be bringing in $273K a year after taxes. That's almost 4 times the amount of the average household income. It sets you firmly in the upper class, which all but guarantees you a cushy, comfortable life, free to do almost anything you please without the bother of "will this money run out?" The answer is almost 100% no.

[Super Kami Dende]

10 million now. At least I can do a bunch of things whilst I'm still young and just live off the few million I have left in my old age.

[melodramocracy]

10 million now, as it would be far more life changing than 1k / day would be, not to mention better investment opportunities, etc.

Really though, either one would make me no longer care about working, so it's a win-win.

[Ealyssa]

1k/day.

That would nearly triple my income if I keep my job. I'm fine with 47k a month.

[Doctor Amadeus]

$10M up front would result in about $4M in taxes, leaving you with $6M left.

On $1,000, you're taxed at about 25%, so $750 a day.

That's 8,000 days, or about 21 - 22 years to equal the same pay.

If you have a firm grasp on stocks, bonds, investments, and an iron will for self control, or are older / sickly, then the $10M is the way to go.

In any other situation, $1,000 a day is the way to go.

The average American household has $137,063 in debt. If you put every penny that wasn't paid to taxes ($750 a day) to paying that debt off, you would be debt free in 183 days, or a little over 6 months. After that point, you'd be bringing in $273K a year after taxes. That's almost 4 times the amount of the average household income. It sets you firmly in the upper class, which all but guarantees you a cushy, comfortable life, free to do almost anything you please without the bother of "will this money run out?" The answer is almost 100% no.

Wow someone who knows how money works. This is the first and best response with a breakdown. Nice!

[Ripster42]

10 million does not make 1000 a day in interest. And in 20 years if you don’t touch the $1000 a day in 20 years you’d have 10 million and $1000 a day.

Honestly to me I think for the long game it depends on how much time you have to expect to collect.

10m should be making you more than $1000 a day if you're invested. A 5% return (this is on the low side for the average ROI, which, for the S&P 500 is 9.8% ROI over the last 90 years, almost double that) would be 500k a year. That's more than 1k a day.

[Doctor Amadeus]

Depends where you're going and the quality of both

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I'd take the 10 mil, what if I get hit by a bus in 5 years? Mugged off that's what

Lmfao first time I have to agree with you lol.

Although you pay for cheap hookers and cocaine in the end. Rehab and Antibiotics aren’t cheap.

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10m should be making you more than $1000 a day if you're invested. A 5% return (this is on the low side for the average ROI, which, for the S&P 500 is 9.8% ROI over the last 90 years, almost double that) would be 500k a year. That's more than 1k a day.

No! Just no. I guarantee you 10 million doesn’t make anybody 1000 a day in interest.

[Low Hanging Fruit]

1000 a day for sure. Pulling in a grand a day is 7000 a week and 28000 month for life. 10m is something you can make mistakes with. It can be taken, you can make bad choices, and when its gone its gone. 28000 a month lets me make a lot of bad choices and the doe just keeps rolling in. Topped off with me being able to still work at my job which will earn me my pension along with a fat 401k since I would dump the max into it considering the 7g a week I am getting.

[Aitch]

$1000.00/day is less than a 4% annual rate of return on a 10 million dollar principal. Better than 4% return through investment can be obtained with very minimal risk, so I would suggest a 10 million dollar principal because it is more flexible and likely just plain more money overall.

What he said.

There’s plenty of safe stocks in good companies that pay well over 3.65% in dividends alone.

[unbound]

$10 million if you understand how to handle it. Considering inflation, the $1k / day won't even reach the current value of $10 million in most people's lifetime.

Furthermore, $10 million today lets you pay off debts now and still invest the majority of it in a variety of ways which means it will generate more income over your lifetime...making this the easiest choice.

Note 1: This is why people born to the rich have a major unfair advantage. Having millions handed to them as an adult is worth many, many times more than earning a similar amount over your life.

Note 2: Understanding how to handle it is extremely important. Most poor people who win the lottery mess up because they think they have unlimited money, and end up in a worse financial situation. Rich people get and stay rich because they were taught early to be jerks and be miserly about their money.

[Erous]

typical human. Raise children, make sure they have a great life, but fuck your own life. It doesn't matter.

Think you missed by first profit in there.

[Ripster42]

No! Just no. I guarantee you 10 million doesn’t make anybody 1000 a day in interest.

I'm not talking about interest. I'm talking about investment income. If that's invested you're going to be making well over 1k a day in income. Is it that you don't know what ROI is? How percentages work? What's your malfunction?

[Doctor Amadeus]

1000 a day for sure. Pulling in a grand a day is 7000 a week and 28000 month for life. 10m is something you can make mistakes with. It can be taken, you can make bad choices, and when its gone its gone. 28000 a month lets me make a lot of bad choices and the doe just keeps rolling in. Topped off with me being able to still work at my job which will earn me my pension along with a fat 401k since I would dump the max into it considering the 7g a week I am getting.

Honestly people talking nonsense about the 10 million I’d put about a million on them all being broke inside a year.

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I'm not talking about interest. I'm talking about investment income. If that's invested you're going to be making well over 1k a day in income. Is it that you don't know what ROI is? How percentages work? What's your malfunction?

Well if you have faith in your ability to navigate and invest that’s on you. I don’t know you. Maybe you’re some kind of badass hedge fund guru.

However I was talking about interest and on average. 10 million is a nice chunk don’t get me wrong. But if you have a gift for turning that into 1000 a day. You’re probably worth a lot more than 10 million.

[Vouksh89]

I'd take the $1k/day over the $10mil easily. I value stability over quantity, and I know next to nothing about investing or stocks, so the $10mil would be wasted on me. And I'm young enough that the $1k/day would build up and I'd eventually be able to ease my way into investing. And $1k/day a day would be income you could claim for when you go to buy a car or house, and which would allow you to raise your credit score. Buying something expensive like that out-right doesn't really help you in the long term vs financing and proving your credit-worthiness. And if you had something catastrophic happen, such as cancer or an accident, you wouldn't have to worry about burning through all of your money to stay afloat, as you'd still have that steady income, regardless of your physical state and ability to work.

[ldev]

lmao, 10 mil invested to safe shit will give you at least 3k of interest daily.

[Biggles Worth]

10 million up front easy. I can help out many more people now than later.