The Australian Lotteries (
THE LOTT ) Powerball draw on the 27
th of October 2022 is a cool AUD $160,000,000 which is the equivalent of USD $ 101,750,000 - roughly equivalent to 5,316 bitcoins at today's going rate.
Breaking it down, I'd buy 500 bitcoins, or 400 Bitcoins and a spread of other crypto totalling 100 bitcoins. (about 10% / $USD $10M of my winnings on Powerball).
It's almost too difficult to say what I'd spend the rest on. Once you've bought a house, a car, an overseas trip, another house, another car then another round the world trip. Then, the portfolio of real estate, shares etc. At a guess you'd need to put $USD $10M cash into a 12 month term deposit and live off of the yearly interest. But then what else do you spend the money on - beer and hookers?
Or do you?Would you take the USD $100M and gamble it on one roll of the dice?
How would you spend $USD $100M - Some, all or none on gambling?