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What Do You Do With Large Amounts Of Money? (lemm.ee)

submitted 1 year ago by [email protected] to c/[email protected]

119 comments fedilink hide all child comments

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?

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[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

What? $66K in the USA is more than most. It can be a really great life. How the fuck can $66K be a pittance?

Editing to add: Real median household income was $70,784 in 2021

[–] rDrDr 2 points 1 year ago

That's like one ambulance trip