How to Spend Your Mega Millions Jackpot

money 150x150 How to Spend Your Mega Millions JackpotFor those who have bought a lottery ticket for the $640 million Mega Millions jackpot, here are just a few ideas for how to spend your potential winnings, courtesy of the Today Show.

Upon taking the $462 million lump sum after taxes, you should be set for life. After buying the obvious items like multiple homes, a private jet, or a yacht, here are some other luxuries to consider purchasing:
• A private island. These range between $50,000 to $160 million.
• Your own ranch.
• A dream sports car. The Today Show recommends the Porsche 918 Spyder due out in 2013. The good news is, it’s electric so you’ll save money on gas.
• Plan a luxury party.
• A sports team. With your winnings, you can afford the Dallas Stars hockey team.
• A medium-sized company.

Though the odds of winning the jackpot are only 1-in-176 million, it’s still fun to dream. Good luck!

To read the full article, visit http://lifeinc.today.msnbc.msn.com/_news/2012/03/30/10925891-what-to-buy-when-you-win-the-640-million-mega-millions

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About Veronica Brown

I am currently the Marketing Communications Intern for the Council of Better Business Bureaus in Arlington, VA. Originally from Seattle, I am currently a student in Washington, D.C. studying International Affairs. In my spare time, I enjoy volunteering around the city, exploring the East Coast and keeping up with politics.