$1.02 billion…
That’s now the amount of the total Mega Millions jackpot after no one won on Tuesday.
If you were to play now and win and you took the entire amount in one lump sum, you would actually end up with $602.5 million. And depending upon where you live, the taxes on that could get as high as 48%, which would leave you with about $313 million.
That's a bit frustrating to be sure, but still, $313 million is nothing to sneeze at.
Of course, the chances of winning this jackpot are 1 in 303 million, so those aren’t great odds.
But it’s still nice to dream about what you could do with all that cash.
Personally, I’d love to start a Green Chip Stocks fund where I would provide funding for all the amazing companies that are doing the heavy lifting to make the world a better place.
Companies that are providing next-generation food technology, for instance, that’ll help our species survive and thrive in a post-carbon world.
Make no mistake, inflation and the Russian invasion of Ukraine have certainly led to high food prices, but as Sal Gilbertie, the CEO of Teucrium agriculture funds, recently told Yahoo Finance, the climate is the No. 1 reason food prices go up.
And this guy isn’t a climate change activist. He’s smart money, and investors would be wise to listen to him.
I’d also set up a nonprofit to provide housing, food, and medical care for our homeless veterans. It’s an absolute travesty that any person who voluntarily signed up to defend this country should be homeless, hungry, or without access to quality medical care.
Of course, I’d fully enjoy that money too.
A Tesla Cybertruck, college tuition for my niece, and ringside seats to every UFC event for a full year would be at the top of my list.
So what would you do with all that cash?
What would you invest it in?
What would you spend it on?
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You know, it’s funny, but whenever there’s a big lottery jackpot, folks start talking about what they’d do if they had all that money.
And while $313 million is a lot, you don’t need that much to do all the things you want to do.
I could actually get my Tesla Cybertruck, put my niece through college, and buy a year’s worth of UFC ringside seats for about $400,000.
That’s not chump change, but it’s not out of the question, and I don’t need a winning Mega Millions ticket to make that happen…
Especially if you consider that just one solid investment could more than cover those costs.
This was certainly the case with Tesla (NASDAQ: TSLA).
I recommended folks buy Tesla when if first went public at $17 a share.
At just $25,000 in, that investment would now be worth around $1.2 million…
More than enough to buy a Cybertruck and pay for my niece’s college tuition and those UFC ringside seats.
My point is simple: You don’t have to win the lottery to be wealthy enough to afford all the things you want in life. You just need to make the right investments.
For example, take this new solar technology I’ve been telling you about over the past few weeks.
It’s a next-generation “solar spray” that could eventually turn every house, skyscraper, hospital, stadium, and school into its own "power plant" capable of generating its own endless clean electricity 24 hours a day, seven days a week.
No storage batteries required, no generators, no bulky solar panels. It doesn’t even need to be connected to the power grid.
I know it sounds hard to believe, but so did a technologically superior, highway-capable electric car back when Elon Musk was just getting ready to put them on the road. And we know how that turned out.
Bottom line: The company behind this new solar spray technology could ultimately end up being the “Tesla” of the solar industry. And that’s why I put together this special report, which outlines how the technology works and, of course, how you can profit from it.
While an investment in this solar spray company may not deliver a $313 million Mega Millions payday, it could still fatten your wallet quite a bit.
To a new way of life and a new generation of wealth… Jeff Siegel
@JeffSiegel on Twitter
Check us out on YouTube!Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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