Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?

  • Harrison [He/Him]@ttrpg.network
    link
    fedilink
    arrow-up
    5
    arrow-down
    5
    ·
    1 year ago

    If you have any decency, get rid of most of it, preferably to charities or political causes.

    That sort of wealth in the hands of a single person is obscene, and spending it on luxury when there are people starving and homeless in the world is the height of immorality.

    • PowerCrazy@lemmy.ml
      link
      fedilink
      arrow-up
      4
      arrow-down
      4
      ·
      1 year ago

      Charity exists so that rich people can pretend to help, but also get to be a petty tyrant. Charity is scam.

      • Chapo0114 [comrade/them, he/him]@hexbear.net
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 year ago

        My partner worked in non-profits for years. Her advice is find local organizations (homeless shelters, local LGBT orgs, neighborhood revitalization orgs, ect.) that DO NOT have a national (central) office. Get to know their staff, their mission, and then make pledges to pay $X per month for the next X years. This is how they can best do the work they are passionate about to help people in need. Don’t put strings on the money and you are moving closer to mutual aid than tyranny.