It seems like everyone is experiencing Powerball mania. Because no one won last week, it seems that the jackpot is now over a billion dollars. That's a lot of money for one winner, if that's how this ends.
Even my husband, who is usually a practical spender, is
I know someone will win, but the money spent on tickets, astonishes me.
In fact, according to multiple studies noted by CNN Money, the majority of tickets in the 44 Powerball states, are bought by those with below average income, who spend a higher percentage of their overall income on lottery tickets than those in higher income brackets.
And the media feeds the frenzy, even going to so far as to offer financial planning tips for the winner(s)...all of that media time for a 1 in 176 million chance.
Nevertheless, it is fun to consider what extreme wealth could buy.
I've thought about it, but since I don't play, here are five things I won't be buying with my winnings.
1. All family financial needs taken care of...forever.
2. Access to travel-at-will around the world.
3. Investment properties in various cities around the world.
4. A mega-donation to our favorite causes and charities.
5. A comfortable retirement for the Señor and me, with a will that later disperses the wealth to #3 and #4.
Did you buy Powerball tickets? If you're playing, in all sincerity, good luck.
What would YOU buy with your windfall?