As Friday’s Mega Millions draw jackpot exceeds $1 billion, the question remains: what can you buy with $1 billion?
Friday night’s Mega Millions draw is quoted at $1.02 billion, making it the third time in Mega Millions history that the jackpot has surpassed the $1 billion mark.
Jackpot winners can also choose to receive $602.5 million in cash.
Mega Millions:The Mega Millions jackpot tops $1 billion after no winner won on Tuesday. Here’s how to play
So what can you buy with a lump sum of about five times the size of the University of Akron endowment?
Many but not all.
You can’t buy the Cleveland Guardians, Cleveland Cavaliers and Cleveland Browns with $1 billion
While no small change, $1 billion is still too little to buy one of Cleveland’s major league sports teams. That number would get you closest to the Cleveland Guardians, which Forbes values at $1.3 billion. The Cavaliers come next with $1.65 billion and are followed by the Browns with $2.6 billion.
You would have better luck trying to buy the Akron RubberDucks. The 20 most valuable teams in minor league baseball were worth an average of $37.5 million in 2017.
You could buy many Goodyear airships for $1 billion
Ever wanted to take a ride in the Goodyear Airship? Well, you could own a fleet of them if you won the jackpot. The cost of the airship would be around $21 million.
You Can Buy Any Home In Summit County For $1 Billion
The sum means you could easily afford a home (or 5,000 of them) in Summit County. A typical Summit County home listed for $184,900 in June.
There’s still plenty to buy one of Summit County’s most expensive homes: LeBron James’ Bath home, which the county tax office valued at $9.53 million in 2017.
You can buy two white houses for $1 billion
But if you wanted to aim a little higher, you would only give about half the jackpot to buy the White House. Real estate listing company Zillow values the president’s home at $469.5 million.
You can buy Leonardo da Vinci’s ‘Salvator Mundi’ paintings for $1 billion
The jackpot could also bring you lots of beautiful artwork. The most expensive painting ever sold was Leonardo da Vinci’s “Salvator Mundi”, which sold for a record $450 million in 2017.
You can buy Chipotle and Swenson’s Galley Boys food every day for multiple lives
Fancy Chipotle? The jackpot is more than enough for a lifetime supply of burritos from the restaurant chain. With $1 billion, you could buy a burrito every day for over 250 years without running out of funds. No need to skimp on the guacamole or queso the next time you visit.
The same goes for a Swenson’s Galley Boy (one a day for nearly 600 years) or a tall iced vanilla latte from Starbucks (one a day for over 500 years).
And if you ever wanted to try and win the lottery again, you could buy 10 lottery tickets at $2 a day for the next 140 years.