Congratulations! You beat astronomical odds and won the historic $1.5 billion Powerball jackpot. Welcome to the .0001 percent.
You’re about to enter a rarefied universe that only a handful of people around the world are lucky enough to join. You can become a philanthropist, a world traveler, a political insider, a patron of the arts, and a connoisseur of rare wine vintages and antique cars -- or all of the above. You will also have a net worth that’s larger than some of today’s biggest stars.
If you decide to take the cash option -- that’s $930 million -- you’ll end up with at least $450 million after taxes. The final sum, of course, will depend on where you bought the winning ticket, where you live and your current tax rate. If you choose the annuity option, which divides the $1.5 billion jackpot over 29 years, your overall payout will be even more.
What You Should Do If You Win the Powerball Jackpot Meet the Man Who Will Make Someone a Billionaire Powerball Jackpot: ‘Shark Tank’ ‘Sharks’ Share Their Financial TipsHere are just a few of your filthy rich peers -- and it's not too shabby to be worth more than Taylor Swift. The numbers below are based on Forbes data.
Taylor Swift: $200 million net worth
Jessica Alba: $200 million net worth
Beyonce: $250 million net worth
Madonna: $520 million net worth
Jay Z: $550 million net worth
Diddy: $735 million net worth