July 7, 2025 • 7 mins
What would you do if someone walked up to you today and offered you a million dollars? Would you pay off debts, buy a house or fill up your pool with Dippin' Dots and bounce around in it screaming "I JUST WON A MILLION BUCKS AND FILLED MY POOL WITH DIPPIN' DOTS!"
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
I've got a mate who he loves listening to podcasts
when he's working, and he's a tyler, so it switches
on his headphones and tunes into a podcast. His favorite ones,
Joe Rogan.
Speaker 2 (00:12):
Run for like three hours his episode.
Speaker 3 (00:14):
Yeah long every day.
Speaker 1 (00:17):
Yeah, he and my mates really love and they go
get in the podcast. Went, mate, I don't have that
much time on my hands at all. He goes, Oh,
you could listen as you go to and from work.
I went, nah, I don't want to listen to just he's.
Speaker 3 (00:30):
Very opinion that it is.
Speaker 1 (00:31):
Yeah, he gets a lot of different people. He gets
a lot of people. I've never listened to him. I've
listened to bits and pieces he's he is very opinionated,
but it's his opinion. That's it's his podcast, so you
can have any pinion at once. But he's talking to
a guy on there called Roman what was his last name?
Roman and Yampolinsky, a Russian scientist, and they're talking about
(00:53):
AI and how it's going to take over the future
and stuff. But it got onto another subject, which was
if someone was to give you a million dollars like everybody,
and I'm thinking, all right, if I was to give
everybody a million dollars on the gold coase, how would
it change people's lives? I said, I thought it had
changed people's lives dramatically. But then they were talking about
(01:13):
would it change it in a way? Would they go
out and spend it straight away, or whether they be
smart about it and invest it into the future. Say anybody,
like I made an example before, if you I gave
everybody a million dollars who is over the age of eighteen,
do you think they'd be smart with it or would they,
you know, put it towards the future. I know people
(01:37):
at the other end of the scale, like like seventy
or eighty year olds would probably invest it for the
younger family, whereas people around the ages of twenty to thirty,
they'd go out and have a good time with it
and then think about the consequences later.
Speaker 4 (01:53):
I think over a certain age you would start thinking
about the consequences, like in your thirties.
Speaker 3 (01:56):
Yeah, that's when you'd start thinking about it. Eighteen.
Speaker 4 (01:59):
I don't think that's a great yeah, And I think
that's the reason why people when they have wills and
stuff like that, they make people only access it when
they get older. Yeah, because I mean think back to
what you were like at eighteen would you have.
Speaker 3 (02:13):
You won a million dollars?
Speaker 4 (02:14):
So this is kind of weird, Like in two thousand
and four you wont it so.
Speaker 3 (02:17):
You actually lived this.
Speaker 1 (02:19):
Yeah, but there's people like with trust funds and stuff.
I know people with grandparents they'd had trust funds. Yeah,
like there were managers at a bank, so they knew
what to do with certain amount of money, and then
their sons and daughters got money, and then the grandkids
got money as well, so they had it all planned out.
And this is just from working their bums off.
Speaker 3 (02:38):
Yeah.
Speaker 1 (02:39):
Think back to COVID though, when everyone was allowed to
get money out of their set.
Speaker 3 (02:43):
They never got any of that left.
Speaker 1 (02:44):
No, everyone has got it out and spent it and
then I spent it everything. Imagine that.
Speaker 3 (02:48):
But more than that, yeah, more zeros.
Speaker 1 (02:50):
Well maybe it's during COVID and everybody got a million dollars.
Do you think everybody would try to be smart with
it or they.
Speaker 3 (02:55):
Could even afford a property for a million dollars.
Speaker 2 (02:58):
Everything would just go up by one million dollars.
Speaker 3 (03:01):
So everything would be more expensive.
Speaker 1 (03:02):
Yeah, with every being go up again more expensive, Yeah,
nothing would drop down if you've got.
Speaker 4 (03:06):
A house now and it's a million dollars, and you
know all these people have just been given a million.
Speaker 1 (03:09):
Dollars buying everything.
Speaker 3 (03:11):
Sorry, that house is now worth five yeah, because they
can get it.
Speaker 1 (03:14):
Yes, so I mean I'll still take the million, but.
Speaker 3 (03:21):
That's fine.
Speaker 1 (03:21):
We can just buy a house in Brisbane. Well that's
what I was thinking, like, because I was talking with today.
His parents are putting his house up for sale because
they're older. They're going into home. But the houses down there,
they were like seven hundred thousand. They're selling their house,
four bedroom house in Adelaide for seven hundred thousand dollars. Mate,
(03:42):
you should see how much they're worth up here. Yeah,
I want to know. Hypothetically we give everyone a million
dollars on the gold course, do you think it would
be absolutely chaos? Would it be a curse with everybody?
Speaker 3 (03:54):
I'm happy to find out, you know, I'm really happy.
Speaker 1 (03:57):
Would you be smart with the money? Do you reckon
like in this time? Like seriously, would you go and try.
Speaker 3 (04:02):
And create all of my debts?
Speaker 1 (04:03):
Yes?
Speaker 4 (04:04):
And buy a house? Yes, or at least half most
of the house, most of the house. Okay, so that's
two million dollars because that'sall and I yeah, so yeah, yeah,
clear the debts buy a house smart, still.
Speaker 3 (04:17):
Keep better than I thirty? Oh maybe super up a bit.
Speaker 4 (04:20):
Would you you get some sub wolfers and a tire
that doesn't leak?
Speaker 1 (04:26):
A sub wolfer would probably blow those doors off.
Speaker 3 (04:29):
I'm happy to find out it'd be worth more than
the game. Yeah, actually it would be. Actually, the tires
I think are worth more than the car.
Speaker 1 (04:35):
This sub wolfer comes with the car. We want to
know what you would do, Sheriff from narrang What would
you do?
Speaker 5 (04:42):
I'm going to retire tomorrow, Yeah, finish my renovations should
still leave me house a medium to enjoy the rest
of my life.
Speaker 1 (04:52):
Well, do you think people would be smart with it, Cheryl?
Like we might as we were saying, like from maybe
ages to eighteen to what roughly, they wouldn't be responsible
with it.
Speaker 5 (05:03):
I think it depends on their upbringing as well, because
my father was always you don't spend a penny until
you've advanced, You don't put you don't borrow any money
unless it's absolutely necessary. So the any things my parents
ever borrowed for was the house and the car. Maybe
(05:25):
higher purchase in the old days with furniture, but anything
else the holidays they saved that for the credit card
was paid off every month regardless, you know. But then
there are people that are bought in, brought up and
they must have it now, seeing don't care if I've
(05:47):
got to pay it off later. So I think those
people are going to come into some trouble. They're going
to enjoy themselves well there's lots of money, and then
worry about the consequences later.
Speaker 3 (06:00):
Yeah, cool, thank you Eryl Tracy from Labrador. Everyone gets
a million dollars on the Gold Coast. What do you
think would happen?
Speaker 2 (06:06):
I think we've become the most like you know, floating city.
There is lips will be pumped, boos will be pumped,
would be pumped, would be pumped. You know, lifeguards would
be out of a job because slightly in the water
like the border strip would be like the floating the
floating balloon and pump strip the movie.
Speaker 4 (06:28):
Yeah, picking up houses and taking old people off to
the is that it's a continent.
Speaker 3 (06:34):
No, that's Sharon had.
Speaker 2 (06:36):
A bit of week done, like we hypothetically tried to
win thirty million and my husband was giving like you know,
hypothetically to our children a million dollar feech and I'm like, no, no,
they're not going to get spoon set. We'll buy them
a house and they can pay rent.
Speaker 3 (06:51):
Yeah. Nice good.
Speaker 2 (06:52):
Yeah. Yeah. But I think that generation, I think that
generation at the moment would just be siliconed.
Speaker 3 (06:59):
Yeah, it would be.
Speaker 1 (07:00):
But that's great. Thank you Tracy for the last. Yeah,
Tony from Oxenford, you had a million dollars on the
gold cast. What would you do with it?
Speaker 3 (07:07):
Mate?
Speaker 4 (07:08):
I would buy that gold Coast sign at yat Lard,
that lit up one and I'll put it in front yard.
Speaker 3 (07:13):
You've got a big buddy yard, mate, make it work.
Speaker 2 (07:18):
I would make it work. It's beautiful Christmas time. I'd
have Tinsilona and everything need to be a tourist attraction,
big trap for the driver one day Tomato
I've got a mate who he loves listening to podcasts
when he's working, and he's a tyler, so it switches
on his headphones and tunes into a podcast. His favorite ones,
Joe Rogan.
Speaker 2 (00:12):
Run for like three hours his episode.
Speaker 3 (00:14):
Yeah long every day.
Speaker 1 (00:17):
Yeah, he and my mates really love and they go
get in the podcast. Went, mate, I don't have that
much time on my hands at all. He goes, Oh,
you could listen as you go to and from work.
I went, nah, I don't want to listen to just he's.
Speaker 3 (00:30):
Very opinion that it is.
Speaker 1 (00:31):
Yeah, he gets a lot of different people. He gets
a lot of people. I've never listened to him. I've
listened to bits and pieces he's he is very opinionated,
but it's his opinion. That's it's his podcast, so you
can have any pinion at once. But he's talking to
a guy on there called Roman what was his last name?
Roman and Yampolinsky, a Russian scientist, and they're talking about
(00:53):
AI and how it's going to take over the future
and stuff. But it got onto another subject, which was
if someone was to give you a million dollars like everybody,
and I'm thinking, all right, if I was to give
everybody a million dollars on the gold coase, how would
it change people's lives? I said, I thought it had
changed people's lives dramatically. But then they were talking about
(01:13):
would it change it in a way? Would they go
out and spend it straight away, or whether they be
smart about it and invest it into the future. Say anybody,
like I made an example before, if you I gave
everybody a million dollars who is over the age of eighteen,
do you think they'd be smart with it or would they,
you know, put it towards the future. I know people
(01:37):
at the other end of the scale, like like seventy
or eighty year olds would probably invest it for the
younger family, whereas people around the ages of twenty to thirty,
they'd go out and have a good time with it
and then think about the consequences later.
Speaker 4 (01:53):
I think over a certain age you would start thinking
about the consequences, like in your thirties.
Speaker 3 (01:56):
Yeah, that's when you'd start thinking about it. Eighteen.
Speaker 4 (01:59):
I don't think that's a great yeah, And I think
that's the reason why people when they have wills and
stuff like that, they make people only access it when
they get older. Yeah, because I mean think back to
what you were like at eighteen would you have.
Speaker 3 (02:13):
You won a million dollars?
Speaker 4 (02:14):
So this is kind of weird, Like in two thousand
and four you wont it so.
Speaker 3 (02:17):
You actually lived this.
Speaker 1 (02:19):
Yeah, but there's people like with trust funds and stuff.
I know people with grandparents they'd had trust funds. Yeah,
like there were managers at a bank, so they knew
what to do with certain amount of money, and then
their sons and daughters got money, and then the grandkids
got money as well, so they had it all planned out.
And this is just from working their bums off.
Speaker 3 (02:38):
Yeah.
Speaker 1 (02:39):
Think back to COVID though, when everyone was allowed to
get money out of their set.
Speaker 3 (02:43):
They never got any of that left.
Speaker 1 (02:44):
No, everyone has got it out and spent it and
then I spent it everything. Imagine that.
Speaker 3 (02:48):
But more than that, yeah, more zeros.
Speaker 1 (02:50):
Well maybe it's during COVID and everybody got a million dollars.
Do you think everybody would try to be smart with
it or they.
Speaker 3 (02:55):
Could even afford a property for a million dollars.
Speaker 2 (02:58):
Everything would just go up by one million dollars.
Speaker 3 (03:01):
So everything would be more expensive.
Speaker 1 (03:02):
Yeah, with every being go up again more expensive, Yeah,
nothing would drop down if you've got.
Speaker 4 (03:06):
A house now and it's a million dollars, and you
know all these people have just been given a million.
Speaker 1 (03:09):
Dollars buying everything.
Speaker 3 (03:11):
Sorry, that house is now worth five yeah, because they
can get it.
Speaker 1 (03:14):
Yes, so I mean I'll still take the million, but.
Speaker 3 (03:21):
That's fine.
Speaker 1 (03:21):
We can just buy a house in Brisbane. Well that's
what I was thinking, like, because I was talking with today.
His parents are putting his house up for sale because
they're older. They're going into home. But the houses down there,
they were like seven hundred thousand. They're selling their house,
four bedroom house in Adelaide for seven hundred thousand dollars. Mate,
(03:42):
you should see how much they're worth up here. Yeah,
I want to know. Hypothetically we give everyone a million
dollars on the gold course, do you think it would
be absolutely chaos? Would it be a curse with everybody?
Speaker 3 (03:54):
I'm happy to find out, you know, I'm really happy.
Speaker 1 (03:57):
Would you be smart with the money? Do you reckon
like in this time? Like seriously, would you go and try.
Speaker 3 (04:02):
And create all of my debts?
Speaker 1 (04:03):
Yes?
Speaker 4 (04:04):
And buy a house? Yes, or at least half most
of the house, most of the house. Okay, so that's
two million dollars because that'sall and I yeah, so yeah, yeah,
clear the debts buy a house smart, still.
Speaker 3 (04:17):
Keep better than I thirty? Oh maybe super up a bit.
Speaker 4 (04:20):
Would you you get some sub wolfers and a tire
that doesn't leak?
Speaker 1 (04:26):
A sub wolfer would probably blow those doors off.
Speaker 3 (04:29):
I'm happy to find out it'd be worth more than
the game. Yeah, actually it would be. Actually, the tires
I think are worth more than the car.
Speaker 1 (04:35):
This sub wolfer comes with the car. We want to
know what you would do, Sheriff from narrang What would
you do?
Speaker 5 (04:42):
I'm going to retire tomorrow, Yeah, finish my renovations should
still leave me house a medium to enjoy the rest
of my life.
Speaker 1 (04:52):
Well, do you think people would be smart with it, Cheryl?
Like we might as we were saying, like from maybe
ages to eighteen to what roughly, they wouldn't be responsible
with it.
Speaker 5 (05:03):
I think it depends on their upbringing as well, because
my father was always you don't spend a penny until
you've advanced, You don't put you don't borrow any money
unless it's absolutely necessary. So the any things my parents
ever borrowed for was the house and the car. Maybe
(05:25):
higher purchase in the old days with furniture, but anything
else the holidays they saved that for the credit card
was paid off every month regardless, you know. But then
there are people that are bought in, brought up and
they must have it now, seeing don't care if I've
(05:47):
got to pay it off later. So I think those
people are going to come into some trouble. They're going
to enjoy themselves well there's lots of money, and then
worry about the consequences later.
Speaker 3 (06:00):
Yeah, cool, thank you Eryl Tracy from Labrador. Everyone gets
a million dollars on the Gold Coast. What do you
think would happen?
Speaker 2 (06:06):
I think we've become the most like you know, floating city.
There is lips will be pumped, boos will be pumped,
would be pumped, would be pumped. You know, lifeguards would
be out of a job because slightly in the water
like the border strip would be like the floating the
floating balloon and pump strip the movie.
Speaker 4 (06:28):
Yeah, picking up houses and taking old people off to
the is that it's a continent.
Speaker 3 (06:34):
No, that's Sharon had.
Speaker 2 (06:36):
A bit of week done, like we hypothetically tried to
win thirty million and my husband was giving like you know,
hypothetically to our children a million dollar feech and I'm like, no, no,
they're not going to get spoon set. We'll buy them
a house and they can pay rent.
Speaker 3 (06:51):
Yeah. Nice good.
Speaker 2 (06:52):
Yeah. Yeah. But I think that generation, I think that
generation at the moment would just be siliconed.
Speaker 3 (06:59):
Yeah, it would be.
Speaker 1 (07:00):
But that's great. Thank you Tracy for the last. Yeah,
Tony from Oxenford, you had a million dollars on the
gold cast. What would you do with it?
Speaker 3 (07:07):
Mate?
Speaker 4 (07:08):
I would buy that gold Coast sign at yat Lard,
that lit up one and I'll put it in front yard.
Speaker 3 (07:13):
You've got a big buddy yard, mate, make it work.
Speaker 2 (07:18):
I would make it work. It's beautiful Christmas time. I'd
have Tinsilona and everything need to be a tourist attraction,
big trap for the driver one day Tomato
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