Mega Millions jackpot 2018: How much could you buy with $1.6 billion?

Tuesday, October 23, 2018
Mega Millions jackpot 2018: How much could you buy with $1.6 billion?
ABC News takes a look at some of the ways you could spend that $1.6 billion jackpot.

With the current Mega Millions jackpot reaching an all-time high in U.S. lottery history, many people may be wondering just how much $1.6 billion is worth.



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For starters, if there's one winner, they would become one of the wealthiest people on the planet. Their net worth would surpass Lady Gaga, Jennifer Lopez and George Clooney.



Although the winner (or winners) of the jackpot won't wind up with the full amount, we decided to have some fun seeing all the things one could buy with $1.6 billion.



The Buffalo Bills - Believe it or not, even that kind of cash couldn't buy you most NFL teams, according to Forbes. The winnings, however, are exactly equal to the estimated value of the Buffalo Bills.


Four Boeing 747s - Who needs one jumbo jet, when they could have four? At a price of $376.8 million, the jackpot is equal to the price of four of these with a little left over.



3,830 Lamborghinis - Want to get a brand new Lamborghini for all of your closest friends? With that much money, you could do that and still have Lamborghinis to spare.



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1.6 million iPhone Xs - As a new iPhone (64 GB) costs just shy of $1,000, the winnings are enough to go to a city about the size of Philadelphia and pass out an iPhone to everyone.



440 million boxes of cereal - The true breakfast lover will be able to buy more boxes of cereal than anyone could ever need.


8.6 billion pencils - At a cost of $2.24 for a box of a dozen pencils, the winnings are enough to purchase more pencils than there are people on the planet.



RELATED: What to consider if you win the lottery



Editor's note: These calculations were done using the estimated jackpot. Actual winnings will be lower after paying taxes and depending on the number of winners and chosen prize delivery method.