Six is a number that comes up in my mind all the time when thinking about lottery winnings. Six and four. But today is a six day.
$60,000: I could easily live for two years on $60,000. I could pay all my bills quite easily and coast.
$600,000: With six hundred thousand dollars, I could live for twelve or more years (and that's giving myself $40k a year, which is more than enough). If I bought a cheap house or moved somewhere cheaper than hear, I could make it last even longer. (I could have bought a house a couple of years ago and I looked at some really cheap ones near me.)
$6 million: Of course, six million dollars would be over and beyond what I could ever need. I could give gifts of largesse to my family and friends; create my own projects, travel and give to charity.
When thinking about large amounts like that, I like to break it down into different configurations to show myself just how much it is. For instance:
I could take $1m a year for six years;
or $500,000 a year for twelve years;
or $250,000 a year for 24 years;
or $175,000 a year for 48 years - I could make more than $150,000 a year for almost 50 years! How great is that??
(Well, this is all fantasy, so I suppose all of it is great, right? [sheepish grin])
And $6m is something I would probably get with even the most basic Powerball or Megamillions win, since their base prize is $15m which is $7.5m even if you lose half in taxes.
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