How much would a billion dollars weigh in $1 bills?
One billion $1 bills would weigh around 10 tons. If you want your winnings in quarters, it will weigh 22,680 tons.
How much space does a billion dollars take up in $100 bills?
A billion dollars is 10 crates of $100 bills.
How much would you have to spend a day to spend a billion dollars?
Answer: Spending one billion dollars in a year would require spending about $2,739,726.03 per day.
How big is a stack of 1 billion dollars?
The area covered by 1,000,000,000 (one billion) one dollar bills measures 4 square miles. This would cover an area equal to the size of 2,555 acres. The area covered by 100,000,000,000 (one hundred billion) one dollar bills measures 400 square miles.
How much is a pallet of money?
Now we’ll look at a pallet. We’ll start with one layer, 7 packets wide by 16 packets deep, with each packet being $10,000. For the sake of simplicty, we’ll round this down and consider a pallet to be exactly $100,000,000 (one hundred million dollars).
Can 1 billion dollars last a lifetime?
One billion dollars would last for 597371.57 months or 49780.96 years. No investment necessary.
How high would a billion dollars stack?
67.9 miles high
A stack of one billion dollars bills would be 67.9 miles high. A trillion dollar bills would reach 67,866 miles into space. A trillion dollar bills, laid end to end, would stretch 96,906,656 miles—further than the distance of the earth to the sun.
How long would it take the average person to spend 1 billion dollars?
If someone then gave you a billion dollars and you spent $1,000 each day, you would be spending for about 2,740 years before you went broke. How many dollar bills does it take to make a stack 1 inch high? Well, we’ll give you the answer: 100 dollar bills.
What does the number 1 trillion look like?
A trillion is a number with two distinct definitions: 1,000,000,000,000, i.e. one million million, or 1012 (ten to the twelfth power), as defined on the short scale. This is now the meaning in both American and British English.
How much money would New York get if it won the lottery?
So if a resident of New York City wins and takes the lump sum, he or she will only get about $577 million. The government will withhold about $353 million, nearly 40\%.
What happens to your money if you win the lottery?
If you win the lottery, you decide how you would like to get paid: either an upfront, lump-sum cash payment or annuity payments. With the lump-sum payment, you receive the cash now in a single payment. Or, you can elect to receive annuity payments over the next 30 years.
How much does the government withhold from Powerball winners?
The government will withhold 25\% of that before the money ever gets to the winner. The rest has to be paid at tax time. Then there are local taxes. Of the 44 U.S. states that participate in Powerball, all but a handful will take an additional cut of the money, according to lottery statistics site USA Mega.
What is the lump-sum payment for Mega Millions?
With the lump-sum payment, you receive the cash now in a single payment. Or, you can elect to receive annuity payments over the next 30 years. For Mega Millions, the jackpot is the largest ever: $654 million. If you elect the upfront cash option, the payment would be approximately $372 million.