PayPal Credits Man With $92 Quadrillion
solareagle writes "Pennsylvania resident Chris Reynolds got quite a shock when he opened his most recent PayPal statement — it said he had a $92,233,720,368,547,800 balance in his account. 'I'm just feeling like a million bucks,' Reynolds told the [Philadelphia] Daily News yesterday. 'At first I thought that I owed quadrillions. It was quite a big surprise.' When asked what he would do with the money, he said, 'I would pay the national debt down first. Then I would buy the Phillies, if I could get a great price.' The Daily News speculates that the astronomical balance may be related to PayPal's new Galactic initiative, announced last month, to expand its business beyond Earth."
He should have quickly minted a new coin.
Otherwise he will be asked to pay tax on his income! :-)
...if any existing financial application actually has currency fields appropriately sized for that number.
When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
2^63 - 1 == 9,223,372,036,854,775,807
Assuming PayPal's currency values are stored in cents, dividing that by 100 results in $92,233,720,368,547,758.07. Looks like a 64-bit signed integer overflowed (or in this case, underflowed), resulting in integer wraparound.
As I read this I can't help myself from picturing that Austin Powers scene with doctor evil asking for 100 BILLION dollars.
I'd never really followed other similar news aggregators before, but I've been following Consumerist for a few months, and indeed, that blog tends to post interesting news a couple days before it ends up here. In fact, it just posted a followup story, that apparently when paypal heard that upon seeing the windfall, even though he the guy knew it wasn't real, he felt compelled to donate 30 dollars to a local charity, paypal offered the guy the chance to donate an unspecified but supposedly substantial amount to the charity of his choice as compensation for the mistake.
Bank Error In Your Favor means you Go Directly To Jail if you try to spend the money.
"it said he had a $92,233,720,368,547,800 balance in his account. 'I'm just feeling like a million bucks"
Someone's not so good at math, lol.
... but on this occasion the suck was in a customer's favour. He could spend all of it and still be morally superior to PayPal.
I prefer the term $92 billiard.
I know, the Long Scale is seen as very archaic these days but the short scale just seems to run out of puff too quick. Quadrillion, indeed!
Your ad here.
it was only in an email and not really on his account
No need to pay off the national debt, he would owe the IRS over 36 quadrillion dollars. Even if he only pays Google's tax rate of 2.4%, that's still 2.2 quadrillion dollars.
This is my signature. There are many like it, but this one is mine.
Let's say he actually paid the national debt. I know it's just a mistake, but wouldn't there be seemed lag time between the debt being paid and them correcting it?
If so, what affect would having our debt be at 0 for a day be? For a few hours? Minutes? Seconds?
But I wonder what accounts for the minor discrepancy
Probably whatever funds he had in the account before this happened.
If I have been able to see further than others, it is because I bought a pair of binoculars.
I am pretty sure that if you gave it back to the Native Americans (which is what I assume you mean by Indians) that they'd probably wouldn't let you stay either.
I read Slashdot for the headlines, because the headlines, unlike the articles, are usually original and never duplicated
That's awfully suspicious. They better freeze Paypal's account, ignore all e-mails, refuse to admit they did it on support phone calls, and take 3 months to resolve it.
Frankly, I'm surprised their systems were even able to handle a number that large!
'I'm just feeling like a million bucks,' the [Philadelphia] Daily News told Reynolds to say so they could get a clichéd quote from him yesterday.
FTFY
systemd is Roko's Basilisk.
Cash and run!
I have a Paypal account too.
*checks account balance*
*sees it's the same as before*
*cancels ordering giant yacht*
My sci-fi novel, Ghost Thief, is now available from Amazon.com.
... for a 10% downpayment on a Death Star.
File under 'M' for 'Manic ranting'
He could buy everyone in the world a house with that. Bank error in your favor never looked so good :)