Asklemmy

Does the money go poof if you spend it? For example, say I buy some jewelry with half of the million dollars. Then, the time limit passes. Does just the half a million I still have on hand disappear or does the cash I spent vanish as well?

If the cash I spend vanishes, then I might be opening myself up to fraud charges after the hour is up. Going back to the jewelry situation. I buy half a million in jewelry and hand over the last of the cash just as the time limit ends. If the money in the store clerk's hands suddenly vanishes, they're going to demand their merchandise back. If I'm already walking out the door when it goes poof, they'll call the police on me.

Of course, if the money that I spend doesn't vanish after the time limit expires, then that's a different story.

I mean, if I get that money via my bank app, just gonna buy some stocks and bonds with it, wait 60 minutes and cash them all in after. I get to keep the money after taxes are deducted, and then might as well get my life in order and start travelling with my newfound financial freedom.

Stocks and bonds

If I had 1 million in hand-

I am willing to bet the dealership could get me in and out pretty quickly!

Likewise, I have a friend selling a house. I am quite certain we can make a bill of sale in an hour.

But- since those options are off-limits. Honestly- there really aren't many options.

Since, its cash-in-hand, that likely means online transactions are against the rules.

SO- the best course of action would be to visit a store with a lot of expensive goodies. In my case, walmart is the best local option. Suppose I could buy out all of the TVs, game systems, etc. At least those would have the best resale value.

If I can't think of something better, I would donate to my university's foundation and earmark it for myself, or at least my department.

Or, I would just donate it to charity.

Or, pay off all my debts and donate to charity.

I'd buy a good FPV drone, a Hurdy Gurdy and a nice office chair. My current one sucks.

Yeah, that's it.

Probably a crap load of music studio gear then donate to one or more schools in my neighborhood

8pm here. I'd buy a house using some house buying mobile app. I'd probably sell it afterwards when the time is right and add the money to my investments.

• Whelp, It's still just barely afternoon for me, so I'd gotta get to the bank as fast as possible to get my card straightened out so I can go online and order a bunch of things like art commissions from digital artists I like and then go onto other sites like Etsy or eBay to get things like a couple different knock-off pokemon plushies (looking at you, grafaiai).

• Then find DVD/Blu-ray sets for the cartoons I really like. Shows like Ahhh! Real Monsters or Code Lyoko. Whatever I could think of in the moment because I'd be too busy freaking out in excitement.

• Probably go to some place like a thrift store and buy some clothes for my stuffed rabbit and bear since I think they would look lovely in some nice clothes (even if they are baby clothes).

• After all that is purchased, I wouldn't know what to do, so probably just spend it on games on Steam or donating to groups like the people behind LibreOffice or Krita. Just giving a little towards the development of open source products I like in order to thank them for their product.

Edit:

I would only deposit a small amount into the bank so that way I would be able to use my card to buy all of these items online. I'd assume the money isn't directly deposited into my bank account, so I'd need to manually do it.

Thankfully I live close enough it'd only take less than 10 minutes to get in. Getting an appointment, might be an issue, so I might have to scrap all of the online shopping plans and just go to the game store I like and just buy a ton of old games and a pro controller for my switch and if they have it, another switch and a copy of pokemon scarlet so I can complete the pokedex on my violet save by either modding the switch or starting 2 new saves and doing LAN trading.

I'd immediately spend my actual, IRL money in my bank account on an Uber to the nearest bank machine and shove as much of the cash in there as possible.

Assuming stuff was still open, I'd go to the bank and deposit it immediately.

Afterward I would pay off every debt I have online.

After that? Pay off my sister's car and my girlfriend's college debt. Then probably rent as far in advance as possible.

I honestly wouldn't have much time after doing that so I would maybe do an online grocery order to stock up and then seriously make a random DoorDasher's day.

does donation count? There are a few nonprofits in my area that Id probably give it too. Other than that wipe my mortgage and student debt, buy a new car, and a couple of suits probably. Man being an adult is boring.

Gold, house, stonks.

The answer to this heavily depends on how the funds are supplied. If it is in an account I can buy stock with an instant transfer. if it is cash, it is essentially worthless since counting it and the transaction will take over an hour. If we are counting only the agreement to purchase then I would choose property. While this is sn interesting question, I think it is more of a question about how we define "buy". One million dollars is a large enough amount to set off lots of red flags and questions, but not so large that you commonly move that amount of money. For someone who frequently does large transactions it would be basically business as usual. For the average person it would be a logistical nightmare.

A million dollars in bitcoin, I'd walk away with a cool $100 after selling it all.

In truth, being in a central Florida town at 7 in the morning, I'd go on a shopping spree at some of the bigger box stores and stock up on electronics and building supplies, before I blew the rest on tools.

I would prepare myself to take a BIG loss.

I think I would go on Amazon or eBay and order a bunch of new or slightly-used laptops. Then I would spend the next few months selling them at bargain prices. I would never get the whole million back, but I'd make some damn good money.

Somebody smarter than me might buy something that will gain value over time instead of losing it, but hey, I only have an hour so this is the best plan I could come up with!

Well, I have an online portal in which I can make payments on my house from anywhere, at any time. I pay off my house first. I still have quite a bit of cash left after that, but I don't really like the buy and return/sell back comments. I think that's a cop out. And I'm feeling lucky, so I'm gonna head to a casino that is about 15 minutes away from my house and put it all on black.

Disappear as in physically disappear? I wouldn't spend that "money" knowing that I will be sued.

Disappear as in I don't get to spend that money? Buy my mother's phone with 1 million and let her use the phone anyway.