none, because i equate it with a bastardised version of the prisoner's dilemma... in the absence of any qualifying information, it's safer to take the self-serving route
[small]The rest of the post is also good and that's why I left it there.[/small]badgersprite said:This doesn't make any sense. People die of terminal illnesses all the time. What does donating to one person do? Why are they more worthy than all the other children dying of cancer or AIDs in Africa as we speak?
No, I would give the proceeds of my winfall to research that actually helps everyone in looking for a cure/vaccine to AIDs or some such that could save far more than one life.
In all honesty? From the lack of information provided? The least amount possible. Clearly not many people care enough to relate his/her situation to me, and I'd rather know who and how I'm helping rather than chuck money at someone else's issues.BiscuitTrouser said:Im doing this along with a second question ill ask at a later date once i gather feedback from this one. Im trying to determine the percieved monetary value of a person depending on the scenario.
Ill cut right to it and ask you the question. You just won 1'000'000 pounds. Lets assume you arnt that well off, you could considerably improve your life with this money. However there is a person. Lets call them X. Without money to pay for treatment they will die. You have never met person X. You have no idea if they are a hobo or a neurosurgon. You are asked to give as MUCH as possible to help them. You arnt told how much money they need, or if others will help fill in the shortfall. How much money do you give to save this persons life? You know if you give none. The person. Will. Die. What % of this money would you give to help one single life? By honest. Like really honest. Dont say "all of it" because likely hood is if this actually happened (you won the lottery) you COULD do this but wouldnt. People need money to survive.
You wouldnt give 100% of it away. How much of this would you keep to yourself and whats the maximum amount you would give to preson x. TO clarify theres no underhanded motive here. Its not a trick. You know its going to exactly what its for. You cant give too much money. Maybe they need far more than your million. You are just asked to help.
Imagine someone is literally at your door, tells you this and asks for cash because theyve seen you on tv. And for some reason you are certain they are not lying. On the spot. How much do you donate.
You aren't taxed lottery winnings. It's technically a gamble, and therefor not a part of your earnings.2xDouble said:I'd do the same thing I always do with a large windfall: give about 20% to charity, distribute about 30% to various people who deserve it (sorry, random dying person, most of that is already earmarked), invest about 30% in stocks and/or retirement funds, and either put the remaining 20% into savings and use the accrued interest as income (if there's enough left to make significant interest) or use it myself.
Of course that'd be working with about half the original amount, thanks to taxes...