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home : opinions : opinions January 25, 2015


10/31/2012 8:50:00 AM
$30.5 million is, well, a lot of money

Matt Santos
Reporter


I recently read an article about a man, well, a kid really, who won a big payout in a lottery drawing. The 22-year-old cashed in his winning Mega Millions ticket, claiming a $30.5 million prize.

Sandeep "Sunny" Singh bought five $1 tickets at a convenience store in his Hyannis, Mass., neighborhood, turning five bucks into $30.5 million.

That's like a, let's see...30 and a half million, divided by five...carry the two...that's, um...

That's like a whole lot of money for just a little money (I slept through math class a lot).

Anyway, it got me thinking, what would I do with $30.5 million?

Let me first state that I do not, nor have I ever, played the lottery.

I have no rich relatives, and my savings plan is based on finding change in my pockets on laundry day, so the chances of me ever coming into any serious money are slim to none. But that doesn't mean a guy can't dream.

According to the Mega Millions media web page, Mr. Singh, who works two jobs, says he will continue to work as a bank teller for a few months, but plans to give his two weeks notice at his big box retail job.

What would I do? I don't think I would quit my job, I would just be a whole lot less productive (yes, Ms. Dahms Foster, that is possible).

Mid-morning naptime, six-day weekends, and a combo hot tub-fax machine would be mandatory.

I don't think a luxury skybox in the Cougar gym would be out of the question either.

Exactly how much is $30.5 million? I mean, physically. Could you carry that around with you?

According to the U.S. Treasury, the largest bill in circulation today is the $100 bill. While the department did at one time print $100,000 bills in the 1930s, they are no longer around and completely useless. As a public service, if you have any laying around, feel free to drop them off at the Review offices, where we would be happy to dispose of them for you, at no cost, of course.

According to factmonster.com, and as we've pointed out before, if it's online it must be true, it takes nearly 500 bills to equal a pound. So, using $100 bills, one million dollars would be right about 20.5 pounds.

Calculator please...625.25 pounds for $30.5 million. Too much for a backpack, but pretty good for a mini van. A really, really nice mini van.

But is it worth it? What is the real price of wealth?

We all have heard stories of how people change when they come into large sums of money. They often get anxious, paranoid, develop self-destructive tendencies, and suddenly find themselves surrounded by friends and family they didn't know they had.

I already get anxious, paranoid, often self-destruct, and really don't like being around most people I know, so I'm pretty much already a millionaire, just without the cash and the cool mini van.

I guess some people are meant to be wealthy, some are meant to be content, and some are meant to be reporters.

Since I already have a recorder and note pad, why rock the boat?






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Reader Comments

Posted: Thursday, November 1, 2012
Article comment by: Chuck Finley

Great article. For me "broke" is my goal. The other day someone said "Man, I'm broke!" I said, "That's great! How'd you do it?" If only I could get to zero.



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