If you won a $500 million lottery jackpot, would you still be premed?

[glassesvar]

If so, why or why not? What would you do instead if not?

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[bruh1214]

No chance. So many better ways to help people

 

[KLMD44]

Still would do it......and do pro bono medical work! Maybe.

 

[screwedpremed999]

Yes! All the learning and other life experiences I'd get from being a doctor would be priceless- literally no amount of money can replace them.
I'd actually take some of that $500m to pay for my med school apps lol.

 

[penpenclown]

If I had half a billion dollars I wouldn't do anything. I'd have my servants carry me from room to room, feed me, close my eyes when I need to blink, etc.

Jk. Honestly, probably not. I'd probably be a perpetual student though lol. I'd have like 10 MAs in random subjects like lingustics or Asian studies. $500,000,000 is an obscene amount of money, though. I'd probably donate like 90% of it to medical research, charities, etc. Heck, I'd probably fund a few med students on top of it and have a way bigger impact than being a doctor myself (50 med students at $300k would only be $15,000,000, plenty left over for other charitable endeavors!).

 

[lumya]

Absolutely. I would not be a good money manager/non-profit executive/financial analyst and I know I would be a better doctor than a philanthropist. I would probably put 90% of that money in a trust and hire some good people to manage it and distribute it to a variety of organizations. But what I want to do is to feel challenged and create personal connections so I would still pursue being a doctor. Although I would have a lot less stress knowing I won’t have any debt.

 

[Justapremedguy]

Ha. Nice try, adcom...


But seriously: Likely not. I am passionate and am looking forward to medicine but I feel I could do more good elsewhere with that money

 

[glassesvar]

Hmm interesting...for those of you who answered yes (would still be premed), what if I changed it from you get $500 million only if you do not go to med school...in other words med school OR $500 million, which would you choose?

 

[JimKimSlim]

Hmm interesting...for those of you who answered yes (would still be premed), what if I changed it from you get $500 million only if you do not go to med school...in other words med school OR $500 million, which would you choose?

$500 million. There are so many ways to fund existing medical research and non-profit organizations to help people. I would also go to business school and learn smart ways to invest to double that to a billion in 10 years.

 

[lumya]

Hmm interesting...for those of you who answered yes (would still be premed), what if I changed it from you get $500 million only if you do not go to med school...in other words med school OR $500 million, which would you choose?

I mean in an either or situation I would have to take the money. There’s a lot that I could do with that money, much more impact than I could do alone. I would still take a hands off approach, even though I have a business background, because there are financial planners who could help growth this money and make it last into perpetuity much better than I could hope to. I would probably still get some sort of job because I like the structure of having something to do but it might be a more “fun” career like a face painter or florist.

 

[HopeP]

Is it pre-tax or post-tax?

 

[EdgeTrimmer]

Is it pre-tax or post-tax?

Are we talking Trump tax rates or Biden tax rates?

 

[HopeP]

Are we talking Trump tax rates or Biden tax rates?

Cayman Islands!!

 

[EdgeTrimmer]

Cayman Islands!!

if you win lotto in US, you end up paying taxes on the winnings. After that you can move to Cayman Islands to save on capital gains.

 

[CyrusHabs7695]

Lol

 

[scaredcurved]

Yeah definitely, Id get the education and then fund myself to travel the world and volunteer at local clinics

 

[Med Ed]

Are we talking Trump creating-a-budget-disaster tax rates or Biden fixing-a-budget-disaster tax rates?

Ftfy.

 

[EdgeTrimmer]

Ftfy.

When did anyone fix federal budget? Both parties are spenders unfortunately.

 

[Tyrese]

Y'know, this question is a good method to check the verity in someone's choice to be a doctor...

Some y'all just in it for da $$$ (lol jk pls don't get furious XD....)

For me, if I won a $500 million lottery (won't be that much anyway due to Uncle Sam putting his hand in the pot as well), I'd still be pre-med, because it's a profession I chose for non-financial reasons.

 

[Med Ed]

When did anyone fix federal budget? Both parties are spenders unfortunately.

That's like drawing equivalence between Mr. Rogers and Dean Corll.

 

[Rogue42]

Not a premed,

But at any point in time, if I were offered / won / inherited that much money, I would 100% would not have continued to pursue medical school or finish medical school.

 

[bajGanyo]

I would donate it to a medical school and get them to change their name after me, haha!

 

[Justapremedguy]

I would donate it to a medical school and get them to change their name after me, haha!

And watch them still reject you after that lol

 

[Goro]

I would continue to teach, but establish a scholarship fund for my students ($500 million would probably allow for a free ride for at least two years of education in perpetuity) and establish an Endowed Chair for myself.

 

[EdgeTrimmer]

I would continue to teach, but establish a scholarship fund for my students ($500 million would probably allow for a free ride for at least two years of education in perpetuity) and establish an Endowed Chair for myself.

How much will you keep for yourself?

 

[dr_kateb]

If I had half a billion dollars I wouldn't do anything. I'd have my servants carry me from room to room, feed me, close my eyes when I need to blink, etc.

this but unironically

 

[Goro]

How much will you keep for yourself?

Enough to by a 32 Ford street rod, and a Fiat 124 convertible. Maybe a new SUV for the wife. Oh, and enough to redo our master bath and backyard.

 

[EdgeTrimmer]

That's like drawing equivalence between Mr. Rogers and Dean Corll.

so you think spending is not out of control?