How Much Can You Buy With the $1.6 Billion Mega Millions Jackpot? 

mega millions jackpot
Wednesday February 27, 2019 14:25 pm

The Lottery Lab Staff

On October 23, 2018, winning numbers for the Mega Millions Jackpot worth $1.6 Billion were announced. The winner hasn’t come forward yet, so all we know is that the winning ticket was sold in South Carolina, one of a handful states which allow winners to claim their winnings anonymously. The unknown winner of the jackpot is now one of the wealthiest people on the Earth as his net worth surpasses that of George Clooney, Jennifer Lopez, and Lady Gaga. Although taxes and other formalities will bite into this prize, we compiled a list of things you could buy with $1.6 billion. Here we go-

I. 8.6 billion pencils

Estimating the cost of one pencil box of one dozen pencils at $ 2.24, the winnings are enough to buy 8.6 billion pencils.  That is more than enough to give every person on the planet a pencil!!

II. 440 million boxes of cereal

boxes of cereal

440 million boxes of cereal boxes are more than enough for any breakfast lover and with the estimated $1.6 billion, you would be able to buy more boxes of cereal than anyone could ever need.

III. 1.6 million iPhone Xs

iphone

Considering that the value of the recently launched iPhone Xs (64 GB) is a measly $1,000, your winnings are more than enough to buy about 1.6 million iPhones and give them away to a city the size of Philadelphia!

IV. Unlimited nights in a luxury hotel

luxury hotel

With this kind of cash, you have enough to spend about 150 years on the 50th floor of the Four Season Hotel New York, which costs about $30,000 a night. With your jackpot money, you could live there for the rest of your life and will still have plenty of money left to live a lavish lifestyle in the city.

V. 3,830 Lamborghinis

Looking for a  new car? Well, with this kind of money you can buy Lamborghinis for your close family members and friends and still have Lamborghinis to spare. Or you could drive a new Lamborghinis every day for over 10 years! How does that sound?

VI. 118 Bugatti hypercars

Bugatti hypercar

Bugatti recently launched their Divo Hypercar for $5.8 million.  It is the hype of the market and which this kind of cash, you can buy around 118 of these. Even after that, you will have $3,234,000 left for gas and speeding tickets!

VII. Harvard fees for 2,544 students

Harvard is the most prestigious and expensive university in the US. The total cost of attending one year at Harvard is around $67,580 including tuition, room, board, and fees as well. This means you could sponsor the hefty bills of studying at Harvard for around 2,544 students.  That’s more than the entire class of 2021!

VIII. Four Boeing 747s

A jumbo jet is worth $376.8 million. But who needs a jumbo jet when one can buy four Boeing 747s with the jackpot money! Fascinating, right?

IX. The Buffalo Bills

Buffalo Bills

The winnings are roughly equal to the estimated value of the Buffalo Bills NFL team. But believe it or not, there are NFL teams that this kind of cash can’t buy.  For instance, the value of teams like Dallas Cowboys which is roughly estimated to be $4.8 billion.

These are some crazy things you can dream of purchasing when you win the jackpot. But of course, you can win only if you play. So, purchase your ticket today and be prepared to win!