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Okay...if you had to choose between $14,000 cash today, or a 1 in 2 chance for $2,000,000.00 in 4 years, which do you choose?

 
Anonymous Coward
User ID: 26604792
Canada
11/10/2012 05:02 PM
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Re: Okay...if you had to choose between $14,000 cash today, or a 1 in 2 chance for $2,000,000.00 in 4 years, which do you choose?
Anyone who goes for the 14k is jobless. There's no point whatsoever in ignoring a 50% chance to earn 2 million if you earn at least 30-40k annually. 14k is not a sum you will miss as long as you have a stable source of income.
 Quoting: Anonymous Coward 4443279


lol this!
Anonymous Coward
User ID: 1135376
United States
11/10/2012 05:42 PM
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Re: Okay...if you had to choose between $14,000 cash today, or a 1 in 2 chance for $2,000,000.00 in 4 years, which do you choose?
i think the op is "formulating" a system to win the lottery.
that is why his 2mil odds are 50%, because no matter how complex the formula the result from any up/down one/choice is always 50%
 Quoting: Anonymous Coward 1135376


Correct...But I wish the chances were as good.
 Quoting: ChvyV8Bldr


there is no way to get better odds on the lotto.

but I have investigated real numbers on scratch tickets.
here in WA, the state post the numbers of won prizes and the number of ticket still in circulation, many out there better the odds by playing the right game(usually the higher priced scratch)at the right with the right amount of un-won prizes and in the right area of the state. do they travel around the state buying up wads of certain tickets? yes they do. these is not known to many and the scratch winners never make the tv news so it is all good

my advice is to take some money and get into buying/selling or low cost flipping, but i don't mean houses. compounding even a 20% gain monthly, or even quicker, can pay off big if you dont mind actually working at it
ChvyV8Bldr (OP)
Detroit Broke City

User ID: 27097115
United States
11/12/2012 12:26 PM

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Re: Okay...if you had to choose between $14,000 cash today, or a 1 in 2 chance for $2,000,000.00 in 4 years, which do you choose?
id go with the 2 million.. i can work for 14 grand but 2 million is a lot harder to reach.
 Quoting: Anonymous Coward 26604792


When I get $2 million, I'm moving to Canada.
Will we even know we were alive when we're dead?
DanG
User ID: 22108338
United States
11/12/2012 12:28 PM
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Re: Okay...if you had to choose between $14,000 cash today, or a 1 in 2 chance for $2,000,000.00 in 4 years, which do you choose?
easy for me, I'm one step away from living in my car
14k NOW.

I ain't sure that two years from now they'll be 'money'.
ChvyV8Bldr (OP)
Detroit Broke City

User ID: 27097115
United States
11/12/2012 12:39 PM

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Re: Okay...if you had to choose between $14,000 cash today, or a 1 in 2 chance for $2,000,000.00 in 4 years, which do you choose?
easy for me, I'm one step away from living in my car
14k NOW.

I ain't sure that two years from now they'll be 'money'.
 Quoting: DanG 22108338


$2 million in 4 years.
Will we even know we were alive when we're dead?
Psych

User ID: 903456
Netherlands
11/12/2012 12:44 PM
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Re: Okay...if you had to choose between $14,000 cash today, or a 1 in 2 chance for $2,000,000.00 in 4 years, which do you choose?
Would wait. 14K is nothing.

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