If you weren't aware, the Powerball jackpot is up to 700 million dollars. Preston texted me earlier today saying he was tempted to buy a ticket, which led me to wonder how I would spend $700,000,000. I know it's not a productive use of my time, but it gave me something to think about while I was picking up our completely trashed house this afternoon. These are all assuming that Preston continues working and we continue to live in this area.
1. Pay off all our existing debt. It's not a small amount, but it is just a fraction of $700M.
2. Buy two new cars. Probably a truck for Preston and new minivan with all the bells and whistles for me.
3. Hire a contractor to undertake a home remodel. The first things that come to mind are extending off the back so Andrew can have a normal sized room, the girls' room and can be split in two, and we can add a shower to the bathroom up there with a separate entrance. Also, a complete kitchen remodel with an island where the table currently is and a dining area at the back. Also a remodel/enlargement of the downstairs bathroom, connecting the garage to the house, and putting in a high efficiency gas furnace and ductless air conditioning. Oh, and a radon mitigation system. Also, a deck off the back.
4. Buy a fancy grill and host a barbecue without asking anyone to bring anything.
5. Hire someone to come and clean for an hour every day.
6. Hire a landscaper to mow and do the mulch.
7. Set up college funds for each of the kids.
8. Buy a sleep number bed and a fancy pillow.
9. Hire an interior decorator to paint and add tasteful decorations that match our style (minimalist; classic).
10. I would continue to cook because I mostly enjoy it, but we would definitely eat out more and at fancier places (when eating out means Wendy's, it can only go up).
11. I guess I would need to hire a financial planner to invest most of this and plan for our future.
12. Buy every kitchen gadget I've ever wanted, including a Blendtec blender, a food processor, cookie and muffin scoops, a microplane zester, a spiralizer, and new knives. I would have plenty of storage and someone to wash them, so it wouldn't be a big deal.
13. Give you all $1,000 amazon gift cards for your birthdays.
14. Whenever one of you has a baby, I would buy all of your diapers.
15. Offer to host our next family reunion at Disneyworld.
16. Give the kids memberships to the Children's Museum, the Aquarium, the Science Museum, the Zoo for their birthdays or Christmas.
17. Travel abroad every other year.
I'm running out of ways to spend money, and I haven't even spent two of my 700 millions yet. I guess there are worse problems. What would you do with that much money?