Staying within the rules that the movie sets forth how would you have spent the 30 million? Or would you have taken the 1 million and ran?
I am going to raise the money up to 50 million just to account for inflation and the higher cost of services now adays.
So you’ve got 30 days to spend 50 million. If you spend every penny you will get 300 million on day 31. If you have a penny left you will not get anything.
The rules are (if I remember correctly):
You can’t tell anyone why you are spending the money
You can only give away 5% to charity and 5% to gambling.
You cannot have ANY assets at the end of the 30 days.
You can’t buy big expensive things for other people (though the movie was kind of slacking on this rule. Didn’t JC buy a solid gold catchers mit necklace?
You cannot destroy anything that is inherently valuable (ie buy a picasso and shit on it)
I am adding one rule of my own. You cannot “rent” things/people that are not normally rentable. For example you can’t pay the Bulls and the Lakers to play a private basketball game for you.
So, how would you spend it? Could you?
On a side note, did Brewster actually stay within the rules in the movie?
Oh, one more thing. You can’t name prices and pay more for something just to get rid of the money. Like he did in the hotel. The rooms were 100K a week and he told the manager he would pay 1 mil a week.
I’ve thought of this before, and I think I could do it: You simply pay for experiences rather than goods.
There are lots of experiences that cost truly obscene amounts of money. One that comes to my mind is taking flying lessons in old expensive warbird aircraft. For example, I think I could find a way to quickly lose lots of money at this place:
One trick that doesn’t seem to violate any of the rules is to buy 30 million dollars of financial options which expire before the month is over. They wouldn’t count as assets since they are worthless once they have expired.
Another possibility is to buy objects and sell them at less than you paid for. This is also not allowed presumably.
“You cannot “rent” things/people that are not normally rentable”
What about renting entire hotels for a month? Tbat would count as “normally rentable”.
I think you need tigher rules to make the game interesting.
“There are lots of experiences that cost truly obscene amounts of money.”
To get through a million dollars a day they would have to cost more 50,000 per hour. Your flying lessons are less than 2000 per hour
I don’t think that the financial options would be allowed, since that would fall either under the category of deliberately spoiling something of value, or else would be considered gambling and exceed the 5% limit.
I’m unsure just what counts as assets. You aren’t even allowed a souvenier coffee mug? If I pay 50 million to reserve viewing time on the Hubble telescope for a week, does the data it returns count as assets?
I wonder how many congressmen 50 million would buy. Perhaps enough for a special ‘personal’ tax break for fat white guys from Oregon getting exactly 300 million dollars. Some businesses do list ‘goodwill’ as an asset, but technically we have to pretend that all the money going into DC has no effect on how they vote.
I totally remember seeing this movie when I was a kid. Ooh, the years I spent just dreaming of how I would spend the money. I wonder how much it would cost to throw a huge spa party for my friends, complete with diamond scrub facials and a pool filled with Creme de la Mer.
I don’t know. I am just going off what the movie says. I do know that the only thing he was allowed to have at the end of the thirty days was the clothes he was wearing when he walked into the lawerys office, so I am guessing that the mug would cause him to lose the $300 million.
Im pretty sure that if you really follow the rules set forth in the movie that you will find that he did indeed have stuff that he bought that would have made him lose the deal but that was just a movie.
No, Monty hired JC as his personal assistant for $100K a week, remember? He just bought that necklace with his own money.
If dabbling in financial markets is removed as an option, then this gets truly difficult. Otherwise, you could probably lose that $50 mil in one day, without even trying hard.
Personally, I’d hire personal trainers, eat out at every meal in the most expensive restaurants in town, rent yachts with open bars and very expensive hookers for everyone at least three times a week, etc. And pay all the personal expenses of tons of people, who would constitute my entourage.
The stipulation says I can’t destroy that which is inherently valuable. BUT, if I don’t own what I’m destroying, it doesn’t count as an asset. So I’d rent an entire hotel floor, and probably trash most of it several times a week. (Paying the damage bills wth a smile.) I’d rent stretch limos by the mile, send them to pick up my relatives in other states, then total the cars.
Or else I’d just take the $50 million and leave for Europe, never to be seen again. I mean, why take a chance I might fail at getting the bigger sum, when I already have control of $50 million?
Really? I thought he hired that photographer guy to be his personal assistant. Been a long time since I saw it though.
Heres one. If he hired JC as his assistant for 100K a week, why not hire him for $1 million a day? Then he would be making his buddy JC filthy stinking ass rich, and after he rode out the month he would been even filthier, and stinkier, ass rich with $300 million.
I think that would break the rule that I, Stinkpalm, made up about not renting things that aren’t normally rentable and would be similar to the Lakers vs Bulls private game that I mentioned. In the movie though I guess it would have been legal.
No, he hired the photographer to be his Official Photographer. And I don’t think the $1 million a day idea would work. One of the stipulations for Monty when he took the challenge was that he “must get value for their services” from people he hired. So, he couldn’t hire people to just, say, sit at home. $100K a week for a personal assistant in Manhattan might be just barely conceivable. $1 million a day definitely isn’t.
I loved this movie when i was a kid, and must have seen it 10 times. That explains how I remember all this.
