Lotto reaches a mouth-watering $200m: Here’s everything you could buy if you won
Luxury car? Your own island? Or ... invest? If you win $200m tonight, here’s a bunch of incredible ways to spend it.
Lifestyle
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While the odds may be slim - slim to none even - who doesn’t like to imagine themselves sitting on a private island with a pina colada in hand $200m richer?
After last week’s enormous $150m jackpot failed to draw a division one winner, Australians are bracing for Thursday’s biggest prize offered by an Australian lottery game in history.
According to the odds, there is a one in 134 million chance of picking the right numbers, but even with those odds, lotto fever is taking over.
Lines were seen outside shops on Wednesday, and thousands of South Australians are hitting lotto stores across the state in the bid to snap up last-minute entries.
The frenzy will likely see a new record for ticket sales set.
Last week, when $150m was up for grabs, more than 7500 entries were purchased Australia-wide in just one minute at 6:15pm, which organisers expect to see again given the lotto mania.
The highest amount won by an individual is $107,575,649.08, paid out in 2019.
Reportedly the inner-city Sydney nurse, who was the sole winner, continued to work despite her huge jackpot.
The Lott spokesperson James Eddy said the excitement about the draw was unprecedented.
“This Powerball roll has been one for the Australian lottery history books,” he said.
“It’s difficult to fathom a prize of this magnitude, but so exciting for Aussies to have the opportunity to change the course of their lives.”
The Powerball will be drawn tonight at 7.00pm.
Kieran Raymount, a dealer at Richmonds Automotive Group, said that the $600,000 1966 Aston Martin DB6 Coupe would be hot property if any lotto winners came into the dealership.
“It’s a beautiful car. We’ve got it right at the front of the dealership, in front of the window,” he said.
Mr Raymount said that the dealership would sell anywhere from four-to-six cars a week ranging from Porsche’s to Ford’s, but admitted that it was rare to see clients enter the dealership and immediately choose a car that same day.
“We’ve had it a few times where they come in, look around for a few hours, then drive out of there the same day,” he admitted.
“It can depend. It varies quite drastically depending on who you’re dealing with and the type of car.”
If you come for the car, Richmonds Automotive Group will ensure you leave with their very own gift pack.
“We give out a little gift bag for clients with a drink bottle, hat, umbrella, bottle of wine, box of chocolates, and an assortment of other little niceties,” Mr Raymount said.
Walking away as our country’s next multi-millionaire is, admittedly, a far-fetched dream. Still, pretending you have enough money in the bank to research luxury cars, solid gold watches, and perhaps even a first-division Lithuanian Football Club is enough fun in its own right.
Without further ado, let’s see what you could buy with $200m.
Sorry, you should really invest
Before we dive in to what you’re all here to read about, let’s chat about the smart way to use a $200m pay cheque.
Anthony Keane, The Advertiser’s personal finance writer, believes that diversifying the money across a “wide range of assets” is the first and foremost priority.
“Aussie shares, international shares, infrastructure, bonds, and cash,” he said.
“Getting professional financial and investment advice would be cruicial for any lottery winner.
“People with a lot of money can get access to a wider and more profitable range of investments that the average person does.”
Most people like to think they would use lotto winnings to immediately help friends and family, and while that is definitely true, Mr Keane insists that $200m is larger than most can spend in a whole lifetime.
“It (the money) opens up opportunities to become a generous philanthropist and do a lot of good,” he said.
“This could involve setting up a fund or structure that invests broadly and continues growing and making annual donations for decades to come.”
How about your own private island?
An entire island is going to set you back quite a bit of cash - some will take up most of your $200m - so we’ll choose one that will give you some spending money once the deal goes through.
Pumpkin Key is a 26-acre island off the Florida Keys, featuring one main home, caretaker’s cottages and a 2-boat marina. But you’ll spend a lot - it’s for sale at around $145m in Aussie dollars.
So maybe you want to go cheaper? What about Leaf Cay in the Caribbean - that’ll set you back only $30m and comes with a mini resort.
What about a $47m watch?
Meet the Patek Philippe Grandmaster Chime – at $47m, it’s the most expensive watch in the world and holds six patents within its casing. It was sold at auction and has a dual-dial feature, both adorned with blue opaline, gold numerals and 18K solid gold dial plates. It’s the most complicated watch the maker has produced.
Private jet - $8.1m
Private islands and shiny gold watches require one thing... a private jet. Travel round the world with ease thanks to the 2021 Embraer Phenom 100EV. If Taylor Swift’s allowed a monstrous carbon footprint then so are you!
Luxury home - $6.5m
Now, without assuming too much, you might want to upgrade the family home.
If that’s the case, this luxurious $6.5m Rosslyn Park house could be yours.
Inspired by the “breathtaking beauty” of historic French chateaus and landscaped English manor gardens, the two-storey house has a Penfolds-inspired wine cellar - which is convenient because it’s also located just 200m from the world famous Penfolds Magill Estate.
2024 Cruisers Yachts 60 Cantius - $5m
Have you dreamt of sailing around the world? Take your family on a vacation anywhere in the world. From the Whitsundays to Greece – the sky’s the limit! This fibreglass yacht has spacious quarters above and below deck giving you plenty of opportunity to entertain guests. A plush captain’s chair ensures comfort during every trip and the twin glass screens mean nobody misses out on the view.
Lithuanian 1st-Division Football Club - $1.5m
Owning a professional football *soccer* club for just $1.5m seems like incredible value.
What’s even crazier is that champions of the A Lyga secure the right to play in UEFA Champions League qualification, while the runner up and 3rd-place secure the right to play in UEFA Europa Conference League qualification. Grab a mate and channel your inner Ryan Reynolds and Rob McElhenney!
Golf Simulator - $38k
Slightly cheaper than the aforementioned luxuries, but just as essential to everyday life.
For every golfer out there, an at-home golf simulator is the pinnacle of one’s amateur career.
Using patented optically enhanced radar tracking (OERT) technology to deliver world-leading accuracy, the Trackman 4 will surely be able to fix your slice in an instant.
But, we hear you say, what about food?
We’ve found a bottle of wine that will set you back about $900,000 - if the collector wants to sell it. The Domaine de la Romanée-Conti Grand Cru, from 1945 was sold in 2018 to a wine collector. Maybe it’s still OK to drink?
Maybe it can go with a $7600 burger and chips from Fleur in Las Vegas - followed up by a $53,000 chocolate pudding at Lindeth Howe Country House in London.
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