Mind Boggling Numbers
December 8, 2008 by Lela Davidson
Filed under Finance
I came across some information last week that puts the financial bailout numbers into perspective.
Former stockbroker and professional lottery numbers analyst Gail Howard of SmartLuck.com puts it this way:
- A thousand thousands is one million: 1,000,000
- A thousand millions is one billion: 1,000,000,000
- A thousand billions is one trillion: 1,000,000,000,000.
She further clarifies:
"If you won a billion-dollar lottery that paid you one million dollars a day, you’d collect the entire sum in two and a half years. If you won a trillion-dollar lottery that paid you one million dollars a day, you’d be dead before you collected your entire jackpot because it would take 2,739 years to get it."
What’s $700 billion, give or take?
Image Credit: quinn.anya, Flickr
Wow. That puts it in perspective.
Doesn’t take long for Washing to spend it though, does it?
Good stuff, Lela.