find a house for around £1000 pcm pay rent up front for the next 83 years equal to 1000 months
roof over my head and technically i own nothing
your knack for finding loopholes makes me think you have a bright future as a lawyer or an accountant
No, if he was an accountant he would know that prepaid expenses are still an Asset class and a part of the Balance Sheet. It would definitely be something that you own or else the landlords could take it away at any time and be like sorry, i’m taking back my house, thanks for the mil but you need to vacate.
Yeah but this is gonna be tied up in contrived scenario court for YEARS.
lmaoooo!
Do I get to say it? Cool.
Ahem…Username checks out.
I'm not sure the prepaid expense really would count as owning anything even if you have a right to use the asset. If I sign a lease that doesn't mean I own anything, even if I prepay the rent and create a prepaid expense asset on my balance sheet.
You clearly haven’t watched Brewster’s Millions enough times
Or a lawyer accountant.
So are we lawyers? Or accountants? You decide.
Edit: OK, this is a C:S reference. Additionally, I remember the "incident" that inspired the ad. decades ago. A California company was handing out legal advice even though they employed no lawyers. And they were advising on accounting practices even though they employed no accountants. A judge ruled that they were neither a law firm nor an accounting firm. As such, they were legally barred from doing either.
In response to this, the company started calling what they were doing "life advice". (sound familiar?) I think they were allowed to get away with it since "life advice" does not make claims to be lawyers or accountants.
Lawcountant. Or a accyer.
Better than an analrapist…
Are we humans? Or are we dancers?
Lawyer, maybe, accountant not so much. Creative accounting does not usually bode well for those who tried it. I guess tax lawyers exist, but they are more to keep your tax avoidance schemes from becoming evasion than coming up with new schemes on their own.
Al Capone lived in a hotel. And a few elderly folks have actually lived on cruise ships year round. That's actually a good one. I like your answer!
Like living on a cruise ship that cruised around the world would be cool.
I’ve strongly thought about cruise ships. It’s like $50k a year but if you are 80 years old it isn’t that bad. Sell everything you own and travel the world on a cruise ship and get the buffet table, gym, etc. Honestly, a lot of people retire with about a million, and you can spend 15 years living off of that in the cruise ship unless you are a horrible gambler
You can do a lot better than that if you're willing to repeat cruises, do interior cabins, etc. and are okay with occasionally being in a hotel for a couple days as you bounce between lines.
I've actually looked at longer duration cruises and working while on ship (have done hybrid PTO + work when on ship so I know it works with my type of work). What often gets you is the single supplement. If you can get that waived you do very very well on ship WRT price. It can be lower than a HCOL apartment even!
Pretty sure if you contact the cruise line directly, you can work it out, too. Someone saying "I want to buy a year's worth of cruises" is definitely going to get offers that the typical traveler won't
I'm not sure cruise lines want people living on their ships. People on vacation spend money; people living their day to day aren't getting the drinks package and excursions.
I dunno, you gotta figure that if you live on a ship that ship becomes your almost exclusive source of entertainment.
You can't go anywhere the ship doesn't go, can't shop anywhere but the ship, if you do want a drink the ship is the only place to get one. After a few months you'd probably crave the excursions and sign up for every one of them just because they are your chance to do something that isn't on the ship for once.
You could WFH and live on it. A lot of people do. Unfortunately I have to go into the office like a chump.
We have an older family friend who will do a 6 month cruise each year, that he’s paid to do.
Men tend to die earlier than women, so a lot of the elderly cruises are full of women, so the cruises will pay for men to go. He has some obligations, I think he has to average something like 2-3 hours a day “interacting” with them. He loves it. Been doing it for years.
Bro that’s the life. Getting to cruise the world and get paid to do it and all you gotta do is chat up some honeys? Your family member is a legend.
There is a quite popular residential cruise ship,’The World’.
It has about 150 cabins of various sizes up to from -380 sq feet to 3100 sq feet. Cabins start about $2M plus about 8% maintenance/year.
Very luxurious and there is always a waiting list for purchase. To get a spot on the waiting list costs $10k.
The only downside to cruise ships is the constant norovirus infections.
Presumably you'd "own" a lease for the next 83 years. That's an asset.
Prepaid rent, which is definitely an asset.
You actually do own a leasehold interest in a piece of property for the next 83 years. It's another type of investment.
or a posh hotel
Landlord gets enough to retire and splits not telling the new owners anything of your money up front.
Mmm, depending on what country you’re in, a lease may be considered ownership of a right to property.
You must not live in London.....that kind of money might rent you a room in a house share.
Buy a rare 1M$ stamp and use it to post a card
Someone has seen Brewster's Millions
Ha, I knew someone was gonna get the reference!
just glad to see a fellow “old” on here. Really is a great film.
Agreed. As great a standup comedian as Pryor was, he was equally talented doing physical comedy
He doesn't even understand the rules yet!
I’m so glad I didn’t have to scroll far for this.
As soon as I read the title I was like “you mean how would I Brewster’s Millions this bitch?”
“None of the above!”
I truly believe that’s one movie that they should remake.
I was going to say rent the Yankees to play my softball league team. And pay a lot of money to not run for office.
None of the above.
You've got my vote.
That was going to be my next suggestion after "watch the movie with that exact premise!"
Brewster's Millions.
Came here for Brewsters Millions Thanks.
When they remake the movie the character needs to go into a collectibles shop. They buy expensive Magic and Pokemon cards and burn them in the parking lot; or just tear them up in the store causing mass nerd rage.
I was going to write to the OP, "Just watch Brewster's Millions". One of the funniest movies!!
buy a shitload of games on steam.
technically, i don't own any of them. i just have a license for them
But....I already have a shitload of games on steam, many that have never been installed!
We're all millionaires during Summer Sale!
Sorry, but the value of all games on steam right now due to the steam sale is only half a million.
If only you had better timing, they would've been worth $1.3million.
And tbh, I don't think in 24 hours it would even be possible to buy over 101,000 games including dlc/extra making 179,000.
Hell, you probably couldn't even hire a team to buy all of the games that fast.
But maybe, just maybe, you could contact steam HQ or owner and say "I need to buy every game on steam now!" And they might just make a special bundle for you lol
Wait that’s shockingly cheap I wonder if anyone actually owns every game on steam
If you could actually get anyone to take you seriously quickly enough you might be able to talk them into selling you an account that can permanently access every game on the platform. Probably need to agree to some NDA's too.
Hit the nearest casino. 24 minutes would be enough time.
Vegas is the easiest answer to this question, you could blow a million bucks without hitting the table. Expensive restaurants, bottle service at a nightclub, penthouse room at a hotel. No problem at all.
If you had a million to blow Vegas could be a blast. Penthouse suite, and just the wildest party imaginable. Invite all your closest friends and just live the high roller life for one night.
Vegas Baby!!!
55 burgers, 55 fries, 55 tacos, 55 pies, 55 cokes, 100 tater tots, 100 pizzas, 100 tenders, 100 meatballs, 100 coffees, 55 wings, 55 shakes, 55 pancakes, 55 pastas, 55 peppers, and 155 taters!
And a bunch of cocaine
This person fucks
They just wanted to do something good before alcohol class
Gimme that!
STOP STOP STOP IM DOING SOMETHING
Local animal shelter is about to be set for life.
But thats not wasting.
No im buying all the dogs from local breeders and giving them to the shelter
While you have good intentions, most shelters are already full to the brim and could use the money expand so that they can house all the dogs from local breeders that you will have to consistently buy because you're feeding into supply/demand.
Bold of you to assume my intentions are good
Ah, carry on then
Well that escalated quickly…. but I agree.
Your favorite breed is probably a Dalmatian
I'm buying all of the local breeders and giving them to the dogs
Now the shelters are overrun
He didn't say he was a good person
So you're funding local dog breeders?
Operating costs of animal shelters are much higher than you think, but that million will definitely help!
Charity was my thought. They'd be happy to take a large check.
If you wanted to waste it, I guess call the local scientology center
Hookers and blow
He said waste $1m…
I'm impotent
But you would be pretty fucking high
I scrolled way too long to find this as the answer. We used to be a proper country.
I think 9 companions + 100k of sundries should do it
Came here for this comment!
Buy all the copies of Brewsters millions left on DVD and give them to charity.
Thanks old man. You saved my fingers the typing.
This sounds like the best advice on this whole thread.
Well damn, I just wrote the same thing word for word. It has been deleted.
Brewster-ception
I was looking for a comment that said to buy expensive paintings and use them as firewood, but this is better.
Here's a fun tidbit about that movie: the Richard Pryor version is a remake.
It's actually the 5th version of it, if I counted correctly. I think the second one had silent fil great Fatty Arbuckle in the Brewster role. The oldest was 1914. They did a gender swapped version in 1926.
Buy digital games and books... we are always being told we dont own them.
Better yet, go to 100 restaurants and bars across your city, start yourself a tab then pay $10000 on it. Any time, pretty much for the remainder of your life, you could walk into a bar with friends or go out to dinner with your partner, and no one would ever pay.
Hmm...should i get one $1 million dollar hooker-bot or one million $1 hooker-bots?
1 dollar hooker bots need love too!
squints eyes
Crack. The "not owning anything after," part will be easy
Crack is an expensive habit but it's not a million bucks a day expensive. A heavy user will spend $80k on crack in a year. A million dollars is enough crack for 12 years and you probably won't live long enough to smoke it all.
Who said I am hoarding it? Give it out at the playground.
That would need to be a really big playground. We're talking about 30 kilos of crack.
He said a crack party. With enough friends and hookers in a hotel penthouse I think it can be done.
Yeah but the hookers and there fore all the coke they consumed aren't really gone until Tuesday when the dumpster gets emptied.
If I can't own anything after I would just donate it
Why did I have to scroll so long for this?
Because the question was to waste it.
Start a Warhammer army
Couldn't own anything after, but an accurate assessment of the cost
OK, but what will you realistically do with three units?
There would be a few strip clubs with a lot of college educated girls.
Or like 4 girls. My daughter's school had a pricetag of about $70k/yr.
Which strip club does she work at?
I mean, he walked i to it, but damn.
Easy. I buy a 1M$ house for my daughter.
Me too.
You'd buy a $1million house for RudaBarons daughter?
I too choose this guy’s daughter!
RudaBarons daughter can have mine too
Not sure that qualifies as “wasting” a million 😂
Nah his daughter sucks, trust me
Can confirm. She succs.
Third this motion, she suks
Guys… she’s 10 months old you sick fucks 😅
She sucks….her mammas milkers
I just meant she’s shit, you’ve made it sick 🤣🤣
LOL....fucking lost it on that one....
Hard to complete in 24 hours
If you have a million in cash I'll bet you could do it. Call 5 realtors and tell them they have 24 hours to get her a million dollar house and I'll bet one makes it happen. Might not be the perfect house but she can sell it after.
Tough one. Assuming I can't just enrich my friends and family. Maybe expensive day in Monaco with friends and maybe some family. Most expensive yacht charter with all the super expensive foods and drinks money can buy. Short fishing trip? Maybe a chopper ride? explore a little bit by renting a super car and then probably lose most of it the casino, then donate leftovers.
That was my first thought too. Private jet for all my family and closest friends to Monaco, then all the stuff you said.
Buy 40% of a house in Vancouver Canada
Easy. Go to Vegas and play the million the same way I play $100 - the result is the same: It's all gone before I know it and I got nothing to show for it.
But at least with that kind of cash you'd be getting literally everything else comped. Ridiculous room, show tickets, food, drinks. Spend the first few morning hours blowing the first $500k, then talk to the concierge. Get hooked up. Blow the rest at a table when times nearly up.
Strippers and blow?…
Buy a townhouse on a lake or beach, hire a title company to draw up a trust. Boom, trust owns the property, but I control the trust.
Hookers and blow is the only correct answer here.
Dine out 3-4 times and tip the entire staff 10k each; find charities and hand them a stack but make sure you get witnesses; and something influenced by my own life, I go to college campuses and search for non-traditional students with children of their own and hit them with a stack. I went to Mizzou full time AFTER getting married and having 2 kids… many occasions I prayed for some miracle like that to ease the burden.
Since we're doing good things for other people here, buy and forgive medical debt
Go downtown and bet 1000 people $1,000 dollars each I can guess their birthday. Guess Feb 29th, on each one.
Or bet them I can guess their weight, and guess 20-50 pounds light. Double bonus give everybody money and good vibes.
That’s too risky, guess Feb 30th. Haha. There’s a 1/1461 chance (assuming even or random distribution of birthdays) that you might be correct by guessing Leap Day. Go 100% wrong.
Offer to guess their birthday a second time...double or nothing!
Brewsters millions good movie Richard Pryor John Candy
24 hours charity donation stream. Make a difference while wasting money.
go to the doctor
Help other people
That's not wasteful though, unless you buy them things that aren't helpful.
Lawn gnomes for the homeless!
1 million fidget spinners!!!
I think the "waste" part was metaphorical - reinforcing the part about owning nothing to show for it. Otherwise this question could never really be answered because people would just argue over whether something is actually wasteful.
Payoff the mortgages of my siblings and they, in turn, help payoff mine down the road.
People get strange about money, wouldn't expect it back.
TIL "greedy" is spelled S-T-R-A-N-G-E.
It's sad to say, but you could blow through that in about 10 mins just by going through GoFundMe and finding people that are raising money for medical bills or procedures to save/improve their lives.
Two chicks at the same time. I think if I were a millionaire I could hook that up, too, cause chicks dig dudes with money.
Buy a 1 million dollar property and put it in my mother’s name
Go watch "Brewster's Millions."
Hookers and blow!!!!
If you're asking us to pull a mini-Brewster's Millions... what are the rules? what's to stop us from gambling it away or spending it on v-bucks/Cod coins?
Cocaine, women, casino
Easy. Pay off friends' debts, donate big, throw a massive party, and rent a castle for the night
Give to someone else.
Super car demolition derby
Casino
$1 million on roulette 00
Give it to my mom
One word. Hookers and blow.
Hookers and cocaine
Donate. Donate. Donate
two chicks at the same time
Give 1 million dollars to my partner.
Make a trust so I own nothing but the trust owns everything
$1m on red
Gamble it till you lose it all, easy
Cocaine and hookers
Buy a $1m stamp from a collector and mail a postcard to someone, using it for postage,
Hookers and blow... 1mil... it's gunna be a crazy 24 hours.
casino high limit room. gone in 60 minutes
Well, if we want to get technical, I could blow it all on video games on steam since according to AAA publishers, when I spend money on video games, I don't "own" them. I am buying the right to play them and they believe they have the right to revoke my access to their game at any time. Sign the petition folks www.stopkillinggames.com
hookers and blow
Hookers and blow. Duh.
Hookers and blow
Cocaine and hookers
Follow the advice on r/ Wallstreetbets
Not owning anything after shortcuts, 101.
Then all your previous wealth would be gone too. Specifics, Bob.
Phenomenon…I get that reference.
All in on Intel. Sorry nana.
Lol OP said 24 hours to waste $1 million, not 24 minutes
It's what she would have wanted
Ok, but then what are you going to do for the other 23 hours and 50 minutes?
Wait for market open
OTM 0dte SPY puts
I’ve done it twice on calls.
First time I 30x my money. Next time I lost $40. So it’s like a 50/50 shot
On margin
That’s a good way to loose $1million and then owe another $1million