Wyr have 1 million dollars or a penny doubled every day for a month?

would you rather have $1 million right now, get 1 penny today , 2 pennies tomorrow, 4 pennies the next and so on doubling every day for all of June coming up?

Also, my friend *spoiled* my cake and ruined my voting last November

1 million dollars of course 11
a penny doubled everyday for a month. 19
Help us keep this site organized and clean. Thanks!
[ Report Post ]
Comments ( 18 )
  • If this were a real possibility, I would've bothered to finish my math just now. But thankfully people showed the better answer in the comments- a penny doubled everyday for 1 month.

    Comment Hidden ( show )
      -
    • spoiler

      Comment Hidden ( show )
  • megadriver

    Definitely a penny doubled everyday for a month. After the 24th of June money starts to get real good... The last 6 days really kick it up to eleven.

    Man, that would be so good... All of my dreams come true and all starting from a single penny.

    Comment Hidden ( show )
      -
    • spoiler

      Comment Hidden ( show )
        -
      • megadriver

        Make it a carbon fibre one XD

        Comment Hidden ( show )
  • McBean

    2^29 = $5,368,709.12

    Comment Hidden ( show )
      -
    • spoiler

      Comment Hidden ( show )
  • raisinbran

    I'll take a clean million as a cashier's check instead of a shitload of pennies I can't get rid of.

    Comment Hidden ( show )
      -
    • Whose to say that when it doubles to $1 and above that they will chose to pay you pennies. Even if you were paid in pennies, id say 4.3 million is large price to pay for the inconvenience of having to drive to banks to cash out your rolls of pennies.

      Comment Hidden ( show )
  • dimwitted

    The movie The Happening told me the penny answer.

    Comment Hidden ( show )
      -
    • spoiler

      Comment Hidden ( show )
  • LloydAsher

    Ever read that one children's book about a peasant girl who wanted her reward for a dead was a doubling amount of rice? Within a few weeks she had the entire towns stock.

    Comment Hidden ( show )
      -
    • yes

      Comment Hidden ( show )
  • curious-bunny

    Oh yea penny easy. My dad told me this trick

    Comment Hidden ( show )
      -
    • spoiler

      Comment Hidden ( show )
  • RoseIsabella

    I would like a penny doubled everyday for a month deposited in to my family trust, so that I might remain completely anonymous, because I treasure my privacy, as well as my personal safety, and that of my immediate family.

    Comment Hidden ( show )
  • Boojum

    This is an old semi-trick question since the answer is counter-intuitive to those who don't have mathematical brains, but the internet makes it easy to find out that starting with a penny and doubling it every day results in receiving nearly $5.5million after 30 days. (And that's in addition to the roughly $5million you would have already received.)

    http://www.newtraderu.com/2013/08/19/how-much-does-a-penny-doubled-every-day-for-month-end-up-being/

    Comment Hidden ( show )
      -
    • spoiler

      Comment Hidden ( show )