Here’s a fun question of the day for you

Posted by Bill @ 4:27 pm

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Inspired by this thread I ran across on MetaFilter, what would you do if someone dumped $100,000 in your lap tomorrow? Let’s say, on a lark, you entered a tournament with $100,000 1st place payout and you won. Does it go into your bankroll? Do you spend it like a drunken Al sailor? Pay some bills?

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COMMENTS / 18 COMMENTS

Buy a house in Italy. In the Marche, or Frosinone, near the airport or Sicilia. 100′00 will buy a three bedroom old farmhouse, outbuildings, 2500 square metres of land, and an olive and peach grove.

I’ve never seen a peach tree.

The Marche. Tuscan like landscape, Tuscan like food. No tourists, except me.

Abulafia added these pithy words on Jul 21 05 at 5:13 pm

I might move up from $3/6 at the casino. ;-)

Matt added these pithy words on Jul 21 05 at 5:39 pm

Put a downpayment on a house in Santa Barbara. :)

alan added these pithy words on Jul 21 05 at 6:38 pm

In So. Cal. you can make one mortgage payment :-)

Bill added these pithy words on Jul 21 05 at 6:47 pm

Personally, I think a chunk of it would go into my bankroll and the rest would be put away into savings/investments.

Bill added these pithy words on Jul 21 05 at 6:48 pm

School loans paid = Monthly payment diverted to poker. A little dollar cost averaging into the bank roll.

Chilly added these pithy words on Jul 21 05 at 8:45 pm

I’d pay off my auto loan, quit my job, and move to the CA Bay area. Been wanting to do it, but don’t have the cash to just pack up and leave without a job first.

Nick added these pithy words on Jul 21 05 at 9:02 pm

I am too responsible. At least half would go to my mortgage. A portion would go to big poker tournaments as well.

StB added these pithy words on Jul 21 05 at 9:02 pm

I would give half to my folks and then purchase my mother a car on top of that. 7*3=21 G’s to my sister’s kids college fund. Then I would make a run at Vegas with the rest…stay at a cheap motel and play 10/20

Joaquin Ochoa added these pithy words on Jul 21 05 at 9:52 pm

I’d pay off bills and student loans, splurge a little and pad the bank roll by $2K I think.

Heafy added these pithy words on Jul 21 05 at 11:34 pm

Invest!

And hire a real honest to God poker coach.

gracie added these pithy words on Jul 22 05 at 10:30 am

Well, that’s $57K after taxes here in sunny CA. My round number fetish dicates I toss $7K into AJ’s college fund. Five G’s for the poker bankroll (including some buy-ins to the Legends of Poker events coming up at The Bike. A little shopping spree for the Mrs. Hire a landscaper to plant my slope. Take a cruise with the fam. Invest the rest.

Joe Speaker added these pithy words on Jul 22 05 at 12:21 pm

Pay off the school loans first. Invest half of the remaining amount. Increase my mortgage payment and put money into an IRA monthly.

StudioGlyphic added these pithy words on Jul 22 05 at 1:59 pm

Wait, wait… this money came from a poker tournament? Set aside enough bankroll to play 30/60 and then do what I said above…

StudioGlyphic added these pithy words on Jul 22 05 at 2:00 pm

I claim BullShit on everyone above.

I would immediately move from $1/2 NL to $10/20 NL and after losing it all in 3 weeks… I’m right back where I started.

WhoooHaaa!!

Johnny FlopBoot added these pithy words on Jul 22 05 at 8:10 pm

The above comment is precisely why I can’t seem to move up in limits… or pay off any of my never-ending debt.

It’s a sad commentary on my reality…

Johnny FlopBoot added these pithy words on Jul 22 05 at 8:13 pm

Little Drizz would get a boost in his college fund, dear and patient wife could buy every god-given knick-knack for her scrapbooking.

For me, another iPod :)

Drizztdj added these pithy words on Jul 25 05 at 1:22 pm

hell i’d get into that tournoment again! haha …. but getting noble, probably set up a scholarship program for uni students.

The Engineer added these pithy words on Nov 09 05 at 11:26 pm

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