Slumdog Millionaire: How Much is 20 Million Rupees,Anyway?

20 million rupees. That’s a lot of cash, right? Well, type of.

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Slumdog Millionaire appears to be heading for a huge Osautomobile night, so we thought we’d take a closer look at the prize at stake in the movie.

Without giving amethod also a lot, I deserve to say that the protagonist is a contestant on the Indian version of the game present “Who Wants to Be a Millionaire,” wbelow the grand prize is a whopping 20 million rupees. That’s most cash, right?

Right?

Well, let’s take a look, chai-wallah.

(Warning: Slumdog Millionaire “spoiler” to follow, as if the outcome of this movie were ever before in doubt.)

Those 20 million rupees functions out to $436,020 in 2006 US Dollars (the film was set in 2006, according to the intro title card), less than fifty percent of the Amerideserve to game show’s indistinguishable.

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But America is a much wealthier country than India. So exactly how carry out the game show grand prizes compare to the average incomes of each country? Not surprisingly, the Indian prize is worth much more to a typical Indian than the American prize is to an American:

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How does this translate right into purchasing power? Assuming a approximately 29% taxation rate for both countries, the leftover cash ($

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309,137.88) would certainly permit our previous chai-wallah to buy a fleet of 124 Tata People’s Cars at $2,500 each. The Amerideserve to after-taxes prize ($709,000) would only buy 66 low-end Hyundai Accents at $10,822 each:

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But say he determined to invest his winning in the Indian stock industry instead of blowing it all on consumer goods. How would certainly he have actually fared compared to an American stock investor?

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Due to the fact that the middle of 2006, both indexes have actually lost considerable value off of their peaks in late 2007/early on 2008, yet the Bombay Stock Exreadjust has actually fared much better than the Dow as of this creating.

It seems no matter which means you cut it, the Slumdog gets the better finish of the deal, also though his prize is smaller than the Amerideserve to identical in absolute terms. But this is all speculation. We have no way of discovering if Jamal lives a life cost-free of financial concern, or if he blows his fortune on poor stocks and also Tata cars. Unless…

Sequel, anyone?

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About Mark LeeMark Lee is the Internet"s leading authority on the Terminator movies. He"s a writer, a podcaster, a musician, and a bureaucrat. Twitter: