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You’re gifted $1,000,000 in cash with one catch…
- Thread starter Zombine
- Start date
"I will buy your [thing] and pay 20% over asking if you accept only pennies" Don't see many people turning that down... So this seems relatively straight forward.
OP
OP
could also just donate it by the bucket and then never feel the """"need""" to donate again.
Like, you know, these kinds of donation boxes they put up next to cash registers, or at airports.
Donate 1.000 bucks in one fell swoop and feel good about yourself for a decade.
Like, you know, these kinds of donation boxes they put up next to cash registers, or at airports.
Donate 1.000 bucks in one fell swoop and feel good about yourself for a decade.
It's free money. Even if I only ever spend 60p on a Double Decker it's still a free Double Decker!
One US penny weighs 2.5 grams. One million dollars would be one hundred million pennies, weighing 250000 kilograms.
Even if your goal was just to put them in the bank or a money exchanger, moving 250 tons of pennies sounds like a nightmare.
Now consider people in countries that don't have pennies, and how much extra work it'd be trying to get them accepted for currency exchange!
Even if your goal was just to put them in the bank or a money exchanger, moving 250 tons of pennies sounds like a nightmare.
Now consider people in countries that don't have pennies, and how much extra work it'd be trying to get them accepted for currency exchange!
Yeah fuck it, its much more of an inconvenience to me not having 1 million dollars. I'll roll those mother fuckers up and get to business
I think people are underestimating just how much SPACE this many pennies would take up. Here's a photo for your consideration:
That's just a million pennies. Now add another 99 more for your 1 million USD. I ain't got space for that shit.
That's just a million pennies. Now add another 99 more for your 1 million USD. I ain't got space for that shit.
Quick google math says a penny weighs 2.5g, so 100,000,000 pennies is 275 tons of pennies. Where am I going to put all those pennies???
Wait they have those without a fee? In the UK you're paying a large amount of money to do that.
I mean... You could buy a house to store your big boxes of pennies in?I think people are underestimating just how much SPACE this many pennies would take up. Here's a photo for your consideration:
That's just a million pennies. Now add another 99 more for your 1 million USD. I ain't got space for that shit.
What would be the point of these machines if they had a fee? Are they even used in the UK? I'm not familiar with UK(EU?) coins.
These are in the front of every grocery store I've ever been in, in Kentucky and there is no fee.
In all the ones I've seen in the UK take a small percent of each £1 and if you do a lot it adds up. It sucks.
Does Kentucky have these machines audited to ensure they're accurate? I know some states do while others don't and some machines will short change you a few percent while offering "no fees". TD Bank pulled all of their machines a few years ago because of lawsuits in the US because they were inaccurate.
TD Bank to retire coin-counting machines amid error reports in the U.S. | Globalnews.ca
TD Canada Trust customers looking to have their jars of coins sorted and counted will have to look elsewhere as the bank announced it will shut down its coin counting machines as of Friday.
globalnews.ca
I would accept it, but only on the caveat that they are in rolls and in some sort of container/containers. If they're going to unload a dumptruck of pennies in my driveway and wish me well, they can keep it.
It's not a question of needing the money versus not needing it either - the storage alone is going to be a nightmare for most people. Beyond that, any time you buy something, you're going to have to get a sack out and load your pennies up. At a kilogram for every 4 dollars, you get to a point where you simply can't carry that kind of money around to a place to use it. And that's if the place you take it to doesn't tell you to get the hell out of there lol
Best case scenario, you take what you think you will need for spending everyday (meals/food shopping, gas, incidentals etc) and spend that instead of putting it on your card(s) and just use your paycheck to pay off everything bigger like rent/mortgage, car payment, utilities etc and bank the rest. You'll save quite a bit of money that way.
It's not a question of needing the money versus not needing it either - the storage alone is going to be a nightmare for most people. Beyond that, any time you buy something, you're going to have to get a sack out and load your pennies up. At a kilogram for every 4 dollars, you get to a point where you simply can't carry that kind of money around to a place to use it. And that's if the place you take it to doesn't tell you to get the hell out of there lol
Best case scenario, you take what you think you will need for spending everyday (meals/food shopping, gas, incidentals etc) and spend that instead of putting it on your card(s) and just use your paycheck to pay off everything bigger like rent/mortgage, car payment, utilities etc and bank the rest. You'll save quite a bit of money that way.
I once went to England on a trip. I used cash so the amount of pennies I got as change was dumbfounding. It just kept adding up. What I did was collected all of the small money I had to get rid of it. I paid a milkshake in McDonald's with pennies and bullshit. No penny more, no penny less. The cashier's face was priceless. The place was crowded and busy, so I kinda get her, but money is money.
The 2 or 3 times I've used one I've not lost any money.Does Kentucky have these machines audited to ensure they're accurate? I know some states do while others don't and some machines will short change you a few percent while offering "no fees". TD Bank pulled all of their machines a few years ago because of lawsuits in the US because they were inaccurate.
TD Bank to retire coin-counting machines amid error reports in the U.S. | Globalnews.ca
TD Canada Trust customers looking to have their jars of coins sorted and counted will have to look elsewhere as the bank announced it will shut down its coin counting machines as of Friday.
I would accept a million USD in any denomination. Even if it's in a form I can't reasonably do anything with, I'd still be better off trying to figure out a way to get something out of it. Unless it gets dropped out of a plane the moment I accept and I get suddenly crushed by millions of coins
There could potentially be a downside, but it's still a likely benefit to accept.
There could potentially be a downside, but it's still a likely benefit to accept.
So wait, I either choose to have a 1 million dollars in pennies... or choose not to have it?
Why the hell would I not take the pennies? Even if it'd be a major inconvenience, it's still better than being dumb enough than not at least try to do something with it
Why the hell would I not take the pennies? Even if it'd be a major inconvenience, it's still better than being dumb enough than not at least try to do something with it
Even if it took 25% of the total, that's £750,000 I didn't have before, and 100% less pennies.
My bank has one that doesn't charge a fee if you're depositing it into your account, but had a fee if you're just exchanging it for cash. Right into my account it goes!
I will gladly take 10k to wrap your 500k in pennies for you. :)
