You'd take whatever he offered. $125 M would make logical sense, but that'd be a wash as far as he's concerned.
At $100M the odds are in his favor BUT you're still making a ****ing hundred million dollars. I'd take $10M or more, and he could spare $10M like it's pocket lint. You can live off the interest of $10M in some pricy areas of the country and super-safe investments, after all.
Of course, I'd make sure it was $10M after taxes. ;)
P.S. For $1M? Please. You could easily sell your ticket to someone - a Las Vegas casino, perhaps - for way, way more than that.
I agree with all of that.
Additionally, I'd also take 9 million. 8 million. 7 million, You get the idea.
My first instinct was 20 million, simply because he's making a killing, odds-wise, and it's beyond life-changing for me. A complete win-win. However, if Buffett decided he wanted to play tough, I'd still take donw to a million.
Oh, I know ... I'd say if you offer me 30 million, I volunteer to pay maximum taxes on it! He would love that! ;)