With the Powerball lottery jackpot now at a mind-boggling $1.5 billion, it’s hard not to daydream about becoming filthy rich overnight. The drawing is just hours away and it might be wise to have a plan of action for the winnings the second your numbers are read (fingers, toes and eyes crossed).
First and foremost, you could pay off those ever-present student loans and credit card debt, hook up your family, set up a charity foundation, buy a few amazing homes and immediately book a trip to Bora Bora. Once that’s all out of the way — what’s a fashion lover to do with a billion dollars? Go on the sickest shopping spree of all time, of course.
Here’s a look at what you can spend your cash on. Once you get to the bottom of the list, find out how much money you’ll still have left over. For more shopping, obviously.
Cartier diamond stud earrings, $30,000
Gucci “Georgette” lace dress, $5,150
10 jars of La Mer “Crème de la Mer,” $310/each x 10= $3,100
Audemars Piguet “Royal Oak” diamond watch, $1,223,552
Valentino “Cosmo” cape, $8,990
A lifetime of facials from Beyoncé’s aesthetician Dr. Harold Lancer, $500/each x 12 times a year x 60 years = $360,000
The entire Chanel Rouge Coco lipstick collection, $37/each x 29 shades= $1,073
Hermés bi-color “Birkin” bag, $26,650
Stuart Hughes x Apple gold-and-diamond iPad, $7,228,975
That’s a grand total of $11,044,235 in oh-so-stylish goods. Chump change.
If you decide to take a lump-sum payout with all the major tax deductions — rather than collecting almost the full amount over a 30-year window — you’ll have approximately $524 million at your disposal. So, spending several million dollars on your first shopping spree is nothing when you’ve still got $512,955,765 laying around.