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How quickly can you spend a billion dollars?

How quickly can you spend a billion dollars?

Imagine someone gave you a million dollars and told you to spend $1,000 every day and come back when you ran out of money. You would return, with no money left, in three years. If someone then gave you a billion dollars and you spent $1,000 each day, you would be spending for about 2,740 years before you went broke.

How tall is a stack of 1 billion dollar bills?

67.9 miles high
Let’s look at a few statistics. A stack of one billion dollars bills would be 67.9 miles high. A trillion dollar bills would reach 67,866 miles into space. A trillion dollar bills, laid end to end, would stretch 96,906,656 miles—further than the distance of the earth to the sun.

How much would it cost to spend a thousand dollars a day?

$1,000 a day is just too slow. That’s $365,250 a year every 4 years, or a total of 1.46 million every 4 years. In a 120 year lifetime, 43.6 million dollars would be spent. You’d need about 2,740 years to spend a billion dollars at a thousand dollars a day.

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How many years would it take to spend one trillion dollars?

Since you’re asking for a simple one million per day that ratio is also the answer (if you wanted to know how many days for $5 million per day, you’d divide your million by 5). It would take you one million days to spend one trillion dollars, or just shy of 2,738 years. Simplify the question by dropping zeros.

Do we really need one billion dollars?

We’ve already established that no one really needs one billion dollars. Heck, people survive everyday under the poverty level. My fiancé and I agreed that it is not about the money. He even argued that no one could easily spend one billion dollars without wasting money. I disagreed, stating that I could spend one billion dollars easily.

Should you spend a million dollars in one day in Vegas?

Especially if you end up spending a million dollars in one day. That could be a bit hard to explain to your significant other. However, if you’re one of those people who like the thrill of gambling by taking a chance on doubling your money, Vegas could very well be the place for you to try your luck at a high rollers table.