If you win the $1 billion Mega Millions jackpot, you could be richer than Taylor Swift

Posted at 7:45 PM, Oct 19, 2018
and last updated 2018-10-19 15:46:04-04

All week, the climbing Mega Millions and Powerball jackpots have been awakening the frivolous dreamers inside of us. Come on, who can resist entertaining some “what ifs” when the money at stake is over a billion dollars?

To recap, no one’s won the big Powerball or Mega Millions payout for a long time, so now the jackpots are sinfully high. ThePowerball pot is $470 million, andthe top Mega Millions prize is a cool Dr. Evil-approved $1 billion. That makes it the second-largest drawing in US lottery history.

Granted, those numbers get pared down a LOT once cash value calculations and good old Uncle Sam get a hold of the winnings. But still, it’s an obscene amount of money.

For some context, Taylor Swift’snet worth is reportedly around $300 million. If you win the Mega Millions “billion,” you could take home $565 million and be almost twice as rich as her with absolutely none of the work. Are you familiar withthe Commonwealth of Dominica, a small island country in the West Indies? Their 2017 GDP was $562 million. You could literally be as rich as an entire country.

Even if you only won the Powerball jackpot and had to settle for the $248 million cash value payout, like a peasant, you could still be worth 0.82 Taylor Swifts and finally afford a comfortable two-bedroom in San Francisco.

The Mega Millions drawing is Friday at 11 p.m. ET. The next Powerball drawing is Saturday.

READ: These are your odds of winning Powerball or Mega Millions.

READ: What not to do when you win the lottery