How many Mbps for 4 college gamers?

Moving in with 3 other buds and we're debating which internet to get. Its Breezeline fiber and the 200mbps 20Mbps up package is $30 while the 500Mbps 50Mbps up package is $40 (these are monthly household totals NOT per person). We all play games, frequently together, we all have laptops and consoles and are getting at least one PC. We also stream lots of shows, movies and YT. Rates feel real cheap and we hate lag and play competitively often. We all think the 1000mbps is kinda overkill but also none of us know anything about internet in the slightest. Any recommendations would be great, thanks !!