How would you spend $20 million a year? (midwest.social)

submitted 1 year ago by MNByChoice@midwest.social to c/asklemmy@lemmy.ml

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Pretend the $20 million is guaranteed, and if anything will increase slightly over time.

What problems could be significantly improved for $20 million?

(I am dreaming of winning the $1.55 billion Powerball drawling. Then taking the lumpsum, posting taxes, investing, and spending 4% each and every year. I understand that the actual may be more, or less than the started amount.)

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[-] mke_geek@lemm.ee 7 points 1 year ago

Buy medical debt. You can clear someone’s $150,000 debt for like $200.

How do you do this?

[-] BeefPiano@lemmy.world 4 points 1 year ago

https://www.npr.org/sections/health-shots/2022/08/15/1093769295/this-groups-wiped-out-6-7-billion-in-medical-debt-and-its-just-getting-started

this post was submitted on 08 Oct 2023

98 points (93.0% liked)

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