What Can You Do With $1 billion?

Ashley Garrett

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Image taken from MegaMillions.com

 

This past Tuesday (10/23/18), a winning Mega Millions ticket was sold in South Carolina. The jackpot was $1.6 billion, larger than any previous Mega Millions jackpot in history, coming second only to a Powerball jackpot in 2016. As of now, the lucky winner has not come forth with the billion dollar ticket, and perhaps he or she never will. Before the winning ticket was sold, the press constantly covered the increasing jackpot – sending masses of Americans to their local convenience stores to load up on tickets. The events of the last week left hopeful American ticket-holders wondering, what would they do if they won this fortune? This led me to wonder, what would I do with a billion dollars? What can I even do with a billion dollars? After some extensive research, I have compiled the following list for you to refer to in the event that you win a $1 billion jackpot.

Buy a top-notch private jet for you and ten of your friends – According to bankrate.com, the most expensive private jets cost about $90 million. With $1 billion, you could buy about 11 of them. It would be like a really cool biker gang of your closest friends with $90 million private jets instead of motorcycles, and you’re traveling to other countries instead of just going to a local barbecue joint.

Buy an NFL team – If I had a billion dollars, this is something I would definitely not do. But if I wanted to, I could. According to businessinsider.com, an NFL team is worth about $1 billion.

Buy a $14 million home on every continent – Whether or not I ever win the lottery, I know that I want to travel around the world in my lifetime. With a $1 billion, I could just buy a $14 million home on every continent to avoid those crazy hotel fees. Now, I know that the real estate industry is probably not booming in Antarctica, but with $14 million, I can probably make something work.

Buy two private islands in the Caribbean – According to privateislandsonline.com, there are a lot of islands for sale in the Caribbean that fall into my billion dollar budget. In fact, if I decide to go for a cheaper island, I could afford two. I would probably buy two, just in case I get bored of one of my private Caribbean islands.

Donate $100,000,000 to ten separate charities – While having $1 billion would allow me to buy a lot of really cool things, there is really no pressing reason that would require me to need all that money. However, $1 billion could benefit millions of other people in the world who need the money much more than I do.

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What Can You Do With $1 billion?