How good a friend are? You borrowed 50 bucks from a friend and played the lottery and won 80 million...how much will you give your friend??

[Dannyblueyes]

Actually I said in the 11th post..


but why does or should that even matter...you are a rich person because of the money loaned to you by a FRIEND...not a business or your job. Why does how you spent the money matter? whether you paid a bill and bought a ticket with the change or you spent the whole 50 on a bunch of powerball tix at the end of the day the ONLY way you became rich is thru the generosity of your friend. Who didnt have to loan you money at all.

Also you didn't answer the question..I find everyone is avoiding answering it

No, you are not rich because a friend loaned you money. You are rich because you guessed the right answers in a game of chance.

More than likely you already had $50. It just wasn't convenient or accessible at the moment so you borrowed it from a friend.

If not for this friend you could have overdrafted your account, used a credit card, dipped it to your savings, borrowed from somebody else, etc. It's unlikely that you are so ass out that you had no other way of getting $50.

But let's change the scenario a bit. This time you buy the lottery tickets with your own money but because your wife is using the car your friend gives you a ride to the store.

Do they still deserve half the winnings?

 

[Stix-N-Stonz]

A "friend" is gonna get his $50 back. I'm not giving a "friend" millions of $$$ fuck that

 

[geechiedan]

No, you are not rich because a friend loaned you money. You are rich because you guessed the right answers in a game of chance.

More than likely you already had $50. It just wasn't convenient or accessible at the moment so you borrowed it from a friend.

If not for this friend you could have overdrafted your account, used a credit card, dipped it to your savings, borrowed from somebody else, etc. It's unlikely that you are so ass out that you had no other way of getting $50.

But let's change the scenario a bit. This time you buy the lottery tickets with your own money but because your wife is using the car your friend gives you a ride to the store.

Do they still deserve half the winnings?

Wow...why is the question so hard to answer?

It seems the answer is...

NO! I WILL NOT ENABLE MY FRIEND TO BECOME WEATHLY AT THE SAME LEVEL I'M AT.

why not???? why does splitting 80 MILLION with a FRIEND 50/50 FEEL wrong to you??

 

[scullydog]

Ok reverse it...you're friend wins and wants to split equally with you...do you think he's foolish for doing that?

To be honesty, I wouldn't take half of his money. If he decides to give me a couple of million I would be good with that. If he gave me a couple of hundred thousands I would be good with that. If he decided to give me my $50 back I would be cool with it, but I would think I would get more because we are brothers. But in the end I would be good with it. Frankly, if he asked me for $50 he probably asked someone else for some money. How do I truly know if it was my money that gave him that largesse? Hell, he could have found the money. So, what is implied here is that you still own the money that you gave. You don't own it anymore, you GAVE it away, meaning you have no more ties to that money. This is similar to an employer who over paid you for a job and said, its alright you don't owe me anymore work. You take the extra money and created a business with that extra money. Does your former employer has right to the funds created from the business you started? He or she did give you the extra money.

 

[geechiedan]

To be honesty, I wouldn't take half of his money. If he decides to give me a couple of million I would be good with that. If he gave me a couple of hundred thousands I would be good with that. If he decided to give me my $50 back I would be cool with it, but I would think I would get more because we are brothers. But in the end I would be good with it. Frankly, if he asked me for $50 he probably asked someone else for some money. How do I truly know if it was my money that gave him that largesse? Hell, he could have found the money. So, what is implied here is that you still own the money that you gave. You don't own it anymore, you GAVE it away, meaning you have no more ties to that money. This is similar to an employer who over paid you for a job and said, its alright you don't owe me anymore work. You take the extra money and created a business with that extra money. Does your former employer has right to the funds created from the business you started? He or she did give you the extra money.

It's not about rights or obligation... it's about what's you in your heart and mind how you feel about this come up.

Using your example you CAN cut your former employer in on the ground floor of your lucrative start up IF you feel his contribution helped you achieve it even if that wasn't something he/she thought about or intended to do.

You can do that of your own free will. People have done it. Thats what I'm trying to get at...

OF YOUR OWN FREE WILL...GIVEN THE OPTION WOULD YOU CUT YOUR FRIEND IN ON HALF OF 80 MILLION DOLLARS CONSIDERING HIS LOANED MONEY ENABLED YOU TO GET IT IN THE PLACE?

you're STILL very rich...and you've helped your friend achieve the level of wealth you now enjoy.

If not WHY NOT??

This is a look at greed and selfishness at its most naked.

 

[Star]

@geechiedan
Did this happen to you? Did you lend someone some money and they won the lotto? 'Cause you are beating this dead horse.


If I did want to give half, we had better have been block brothers since 5yrs old. It would mean we would both have to goto the lotto office together to sign. The taxes of doing the split afterward would be crazy. Personally, I am generous, I said a car & house (old child support) I might then move to another state, leave me alone. Do not ask for more. If you do have a need. As a friend I should be able to see it and if money can fix it. I would do so without you having to ask. Lots of celebrities hang with old friends that live modest and do not ask for money. There is a clip of Ice Cube talking about this. How many REAL friends does anyone really have. When I was really stuck and asked for help Only two sent me a few dollars to tide me over. Those are real friends that I would be there for. Luck choose me and my job will be to make sure things are straight for grandkids, not burn money on BS

You just said -obligation - My obligation is to not be asked by my grandchild 20 years from now. Grandpa you had all that money what happened ?

 

[Dannyblueyes]

Wow...why is the question so hard to answer?

It seems the answer is...

NO! I WILL NOT ENABLE MY FRIEND TO BECOME WEATHLY AT THE SAME LEVEL I'M AT.

why not???? why does splitting 80 MILLION with a FRIEND 50/50 FEEL wrong to you??

Honestly, splitting the money with my friend 50/50 FEELS like the right thing to do.

But it's not!

The moment you pose with that novelty check you become nationwide news. Within 2 weeks every relative or friend you've ever met or had will come around with an outstretched hand.

The moment they find out you gave $40 million to one of your buddies over a $50 loan they will stretch out both hands. People will no longer ask you for money, they will demand it. Compensation for some minor favor they did 10 years ago.

If they ask and you say no they'll feel disappointed, but If they demand and you say no they feel wronged. From their perspective it's not that you refused to be generous, you withheld money that was rightfully theirs.

Don't pay up and at best you lose your lifelong friends and at worst you end up in court.

If you do pay up it leads to more demands which will easily total well above the $40 million you have left.

That's why the best strategy is to immediately pay back what you legally owe and treat everything else as a gift.

 

[geechiedan]

@geechiedan
Did this happen to you? Did you lend someone some money and they won the lotto? 'Cause you are beating this dead horse.


If I did want to give half, we had better have been block brothers since 5yrs old. It would mean we would both have to goto the lotto office together to sign. The taxes of doing the split afterward would be crazy. Personally, I am generous, I said a car & house (old child support) I might then move to another state, leave me alone. Do not ask for more. If you do have a need. As a friend I should be able to see it and if money can fix it. I would do so without you having to ask. Lots of celebrities hang with old friends that live modest and do not ask for money. There is a clip of Ice Cube talking about this. How many REAL friends does anyone really have. When I was really stuck and asked for help Only two sent me a few dollars to tide me over. Those are real friends that I would be there for. Luck choose me and my job will be to make sure things are straight for grandkids, not burn money on BS

You just said -obligation - My obligation is to not be asked by my grandchild 20 years from now. Grandpa you had all that money what happened ?

No one is answering the question of why it a bad idea to split 80 million 50/50 with a friend.

And I said its NOT about obligation...dont just scan the posts...

Gifting Some of the Money to Family or Friends
A lottery winner can make a gift of some of the lottery winnings. This is legal only up to the annual exclusion limit, or else it will need gift tax liability. Making yearly gifts in this fashion is a good way to share the winnings with family members and friends while mitigating the tax implications. Gifts made to another person's education or medical care may have favorable tax treatment as well. Finally, donations to charities can have certain attractive tax advantages for the lottery winner.

 

[Coldchi]

There are plenty of millionaire athletes out there, and i seriously doubt that they are giving millions of dollars to their closest friends.
Soon as they get drafted,....the mindset is..........."nigga u wasnt with me shooting in the gym"......
Hell Kobe didnt give his mom and dad money. i guess thats why they started auctioning off his memorabilia.

I remember when Tracy McGrady made it to the NBA.....he said he gave all his family members $50k and told em thats all their gonna get.
Never gave them anything else.

 

[scullydog]

It's not about rights or obligation... it's about what's you in your heart and mind how you feel about this come up.

Using your example you CAN cut your former employer in on the ground floor of your lucrative start up IF you feel his contribution helped you achieve it even if that wasn't something he/she thought about or intended to do.

You can do that of your own free will. People have done it. Thats what I'm trying to get at...

OF YOUR OWN FREE WILL...GIVEN THE OPTION WOULD YOU CUT YOUR FRIEND IN ON HALF OF 80 MILLION DOLLARS CONSIDERING HIS LOANED MONEY ENABLED YOU TO GET IT IN THE PLACE?

you're STILL very rich...and you've helped your friend achieve the level of wealth you now enjoy.

If not WHY NOT??

This is a look at greed and selfishness at its most naked.

Okay, you are just arguing. I don't think it is greed. I think its what you been blessed with. It is your and not someone else's. If I give my brother enough money to take care of themselves or made them instantly rich, how the fuck does that make me greedy? You are being foolish.

 

[geechiedan]

Honestly, splitting the money with my friend 50/50 FEELS like the right thing to do.

But it's not!

The moment you pose with that novelty check you become nationwide news. Within 2 weeks every relative or friend you've ever met or had will come around with an outstretched hand.

The moment they find out you gave $40 million to one of your buddies over a $50 loan they will stretch out both hands. People will no longer ask you for money, they will demand it. Compensation for some minor favor they did 10 years ago.

If they ask and you say no they'll feel disappointed, but If they demand and you say no they feel wronged. From their perspective it's not that you refused to be generous, you withheld money that was rightfully theirs.

Don't pay up and at best you lose your lifelong friends and at worst you end up in court.

If you do pay up it leads to more demands which will easily total well above the $40 million you have left.

That's why the best strategy is to immediately pay back what you legally owe and treat everything else as a gift.

youre looking for reasons....

I addressed those.

I find the responses fascinating. I would still help him out of course, but I would do it my way.

Whats your way??? doling out the money in small increments? Just enough to make your conscience feel good?

A person can do whatever they want.. I'm trying to look at and examine greed and why giving half of a substantial amount of money to a friend is a bad idea. You have 80 million and give a friend half and so far MOST people responding find that a bad thing!

so far all the opposing answers are

its entitlement
no legal compelling reason
opens one up to some level of danger
no moral obligation

mind you we're talking about giving a friend AS MUCH AS YOU HAVE..no more...half of 80 MILLION.. money youve never had before. This just between you and your friend NO ONE ELSE...no family no notoriety no outside pressure.

Youre FRIEND loaned you money to help you and in doing so enabled you to become a multimillionaire with generational wealth. And you have an opportunity to in turn give youre FRIEND half the winnings enabling HIM/HER to have exactly the SAME THING you have....generational wealth. Youre STILL very rich. Literally NOTHING in your life going forward as rich person has been altered by doing this.

YET...the overwhelming response to this option is NO! I WILL NOT ENABLE MY FRIEND TO BECOME WEATHLY AT THE SAME LEVEL I'M AT.

why not???? why does splitting 80 MILLION with a FRIEND 50/50 FEEL wrong to you??

if its makes you feel any better you claimed the money anonymously under a trust

How can I anonymously claim a lottery prize if my state doesn't allow it?
As an alternative, winners might be able to form a blind trust through their attorney so that winnings can be anonymously received, State Farm advises.

Lottery winners should also keep confidential the news that they've won before they turn in a ticket, the insurance company says.

 

[geechiedan]

Okay, you are just arguing. I don't think it is greed. I think its what you been blessed with. It is your and not someone else's. If I give my brother enough money to take care of themselves or made them instantly rich, how the fuck does that make me greedy? You are being foolish.

just not as much as YOU got...even tho you are ridiculously rich. We're talking about 1 friend and an even split why is that so difficult???

 

[Dannyblueyes]

youre looking for reasons....

I addressed those.



if its makes you feel any better you claimed the money anonymously under a trust

How can I anonymously claim a lottery prize if my state doesn't allow it?
As an alternative, winners might be able to form a blind trust through their attorney so that winnings can be anonymously received, State Farm advises.

Lottery winners should also keep confidential the news that they've won before they turn in a ticket, the insurance company says.

You can't guarantee that your friend is going to keep his mouth shut though.

Even if he does, we all have folks that will hit us up for a loan the moment they see us buy a new car or even a new pair of sneakers. So how on Earth are either of you going to be able to move $40 million without anybody noticing?

Now you're back to people demanding money. It just took a little longer to get there.

 

[geechiedan]

You can't guarantee that your friend is going to keep his mouth shut though.

Even if he does, we all have folks that will hit us up for a loan the moment they see us buy a new car or even a new pair of sneakers. So how on Earth are either of you going to be able to move $40 million without anybody noticing?

Now you're back to people demanding money. It just took a little longer to get there.

you some funny people homie

 

[Dannyblueyes]

There are plenty of millionaire athletes out there, and i seriously doubt that they are giving millions of dollars to their closest friends.
Soon as they get drafted,....the mindset is..........."nigga u wasnt with me shooting in the gym"......
Hell Kobe didnt give his mom and dad money. i guess thats why they started auctioning off his memorabilia.

I remember when Tracy McGrady made it to the NBA.....he said he gave all his family members $50k and told em thats all their gonna get.
Never gave them anything else.

And that right there is exactly what you're supposed to do.

He figured out what it was going to cost to change all of his people's lives for the better. He put it in the budget, wrote the first and last round of checks, and went back to playing basketball.

Hopefully he also wrote checks to his former coaches, trainers, and anyone else who went out of their way to make him successful. That's how you pave the way for the next superstar and leave the world better than how you found it.

 

[tpotda]

Dam I'd hate to be most of yall friends, Clooney gave 12 of his friends $1mil cash each and that was before he got his Casamigos exit money

 

[geechiedan]

this is PERFECT FOR THIS THREAD!!

yall need to pay ATTENTION TO THE MESSAGE!!!!

 

[geechiedan]

@geechiedan his friend loaned him the 26 bucks to bet. The friend doesn't like gambling. How much should the friend get?

would you think he was foolish for splitting it with his friend 50/50 if he wanted to?

I would, especially because (in my made up scenario) the friend dislikes gambling, and is 'not into' that sort of thing

see this is where people are getting tripped up by the scenario and their way of looking at life. Its not about whether the guy who loaned him the money disliked gambling (and therefore in your mind disqualifies himself) its about how the winner thinks, sees and feels about things and if he chose to split the money and cut his friend in for half that's out of recognizing that all of this is possible only becuz of his friend's money and thru the KINDNESS OF HIS HEART he'll split the winnings just his friend loaning him the money was done in the same fashion.

he doesn't LOSE anything because he started out with not even HIS money. So half of the winning is STILL a come up for him.

 

[The Jamaican]

would you think he was foolish for splitting it with his friend 50/50 if he wanted to?



see this is where people are getting tripped up by the scenario and their way of looking at life. Its not about whether the guy who loaned him the money disliked gambling (and therefore in your mind disqualifies himself) its about how the winner thinks, sees and feels about things and if he chose to split the money and cut his friend in for half that's out of recognizing that all of this is possible only becuz of his friend's money and thru the KINDNESS OF HIS HEART he'll split the winnings just his friend loaning him the money was done in the same fashion.

he doesn't LOSE anything because he started out with not even HIS money. So half of the winning is STILL a come up for him.

Here's my simple take on it.

I have WAY too much family and official friends who are like family to be splitting half my new net worth with 1 person.

 

[geechiedan]

Here's my simple take on it.

I have WAY too much family and official friends who are like family to be splitting half my new net worth with 1 person.

1. you said "OFFICIAL" friends insinuating the guy who loaned you 50 bucks isn't one of them...

2. are you really saying 80 MILLION DOLLARS equally split means you can't hook up your peoples with 40 MILLION???

where have i heard that before?? oh i remember...

Smile Latrell Sprewell, you are finally free.

“I’m at risk. I have a lot of risk here. I got my family to feed.” Those were Sprewell’s infamous remarks to the Free Republic in 2004 — as he tried to explain why he turned down a 3-year, $30 million deal.

And Sprewell had never made anything close to $97 million in his career.

Newly signed Clippers forward Josh Smith has made $97 million, yet he believes taking a mid-level $6.9 million this season from his new employers will be hard for his family to deal with.

“At the end of the day, you know, I do have a family,” he said. “So it is going to be a little harder on me this year. But I’m going to push through it, you know.”

Is that the tune your really singing dude???? 40 MILLION dollar aint enough to support your family??? seriously????

 

[Dannyblueyes]

would you think he was foolish for splitting it with his friend 50/50 if he wanted to?



see this is where people are getting tripped up by the scenario and their way of looking at life. Its not about whether the guy who loaned him the money disliked gambling (and therefore in your mind disqualifies himself) its about how the winner thinks, sees and feels about things and if he chose to split the money and cut his friend in for half that's out of recognizing that all of this is possible only becuz of his friend's money and thru the KINDNESS OF HIS HEART he'll split the winnings just his friend loaning him the money was done in the same fashion.

he doesn't LOSE anything because he started out with not even HIS money. So half of the winning is STILL a come up for him.

If the ticket lost would he still have to pay his friend back? If so then he was very much using his own money.

I think the part of the trip me up the most was the difference between would you or should you.

I would definitely break off my friend same as I would for all my other friends. However, I don't think that I should have to. If that friend were expecting or demanding money because of his little $50 loan well then, as some would say, Danny's heart would grow three times colder that day.

 

[geechiedan]

If the ticket lost would he still have to pay his friend back? If so then he was very much using his own money.

I think the part of the trip me up the most was the difference between would you or should you.

I would definitely break off my friend same as I would for all my other friends. However, I don't think that I should have to. If that friend were expecting or demanding money because of his little $50 loan well then, as some would say, Danny's heart would grow three times colder that day.

Well the OP asks how good a friend are you?? my addition to that is if 50/50 is an option WHY IS IT A GOOD THING?

So far no one has really articulated by other than a bunch of presumptions and projections.... i'm assuming all the things people are afraid of like suing and resentment and being entitled are things they themselves would be and do if they were in the same situation.

in fact I've reversed it

okay flip it...YOU loan your friend 50 and they hit for 80 MIL then show up looking like scrooge mcduck in his platinum and titanium hover Tesla, to give you your 50 dollars back...

how would that make you FEEL?? BE HONEST???

 

[geechiedan]

 

[geechiedan]

Greed, I believe is a part of survival instincts. The want or need to hoard resources to support yourself, family, group etc. The problem comes in when a person/people have more resources than they could ever use and STILL desire to hoard it from others primarily in an effort to control those around them. At that point greed is no longer a part of a survival mechanism its morphed into something else.

IS GREED A MENTAL DISORDER??​

You have 35 MINUTES.
Turn to Section 2 of your answer sheet to answer the questions in this section

Look at this scenario.... you borrowed a small sum of money from a friend. With it you buy a 2 dollar lottery ticket. You win 80 million (lets say that's take home AFTER taxes).

Suddenly after this windfall of what is almost certainly generational wealth. You are now CALCULATING how much money it would take for your friend to have and live on. And that range is from a few THOUSAND dollars to a FEW million but certainly nothing approaching the level of money you now have, money you wouldn't have had had you're friend not loaned you money in the first place. In almost all of the answers posted so far it never occurred to anyone to split the money 50/50 with the friend.

You have the opportunity and ability to make your friend AS RICH AS YOU ARE by splitting it equally.

What's the thought process on LIMITING how much to share with your FRIEND especially considering you've NEVER had and never spent money on that level in the first place??

In the poll 11 people said theyd split 50/50 but 21 people said theyd split 90/10.... whats wrong with a 50/50 split... again considering:

1. 40 million is STILL alot of fucking money.

2. Up until the day before the lottery win you didn't even have 50 dollars....so how is giving away half your winnings to the person who help make it happen a bad thing??

STOP
If you finish before time is called, you may check your work on this section only. Do not turn to any other section.​

 

[geechiedan]

A BILLION dollar jackpot up for grabs on megamillons!!

Which one of you broke ass mofos gonna borrow some money to play it??

 

[World B Free]

A BILLION dollar jackpot up for grabs on megamillons!!

Which one of you broke ass mofos gonna borrow some money to play it??

Optional thread: Geechiedan gives every BGOL member a $25 gift card from Walmart to prove he is inherently not greedy.

 

[geechiedan]

Optional thread: Geechiedan gives every BGOL member a $25 gift card from Walmart to prove he is inherently not greedy.

 

[World B Free]

BGOL is waiting....

 

[geechiedan]

BGOL is waiting....

When I hit the mega millions for a billi I'll see what I can do.....











( this is not a legal promise nor can it be upheld in a court of law)

 

[World B Free]

When I hit the mega millions for a billi I'll see what I can do.....











( this is not a legal promise nor can it be upheld in a court of law)

.....lol....that fine print

 

[geechiedan]

six month later.....

 

[geechiedan]

 

[Coldchi]

i doubt if every NBA, NFL, MLB, player etc......are giving all of their friends millions of dollars.
Regardless of how nice of a friend they may have been in college or HS.....

 

[clitsational]

no cash

crib and car for life

​

 

[Last Dayz]

How much would you give him?