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What $155 Million Can Do20 May 2005UNITED STATES – (PRESS RELEASE) -- The mere thought of winning $155 million dollars instantly brings to mind the traditional luxury daydreams: cars, boats, fancy houses and not a care in the world. However, with Saturday night's Powerball drawing coming up -- and the first time this year that the pot has been higher than $100 million -- it's also interesting to consider what sort of positive change one person could bring about with the money. For example, if one benevolent soul decided to put their money towards charitable causes, they could achieve the following: -- Build 586 homes (U.S. national average purchase price for a single- family home was $264,540 in October 2004) -- Provide 3,413 people with a four-year public university education (the average tuition for undergrads attending four-year public universities including room, board and fees was $11,354 in 2004) -- Provide 6,200 Seeing Eye dogs for the blind. (It costs in excess of $25,000 to breed and train each Seeing Eye Dog) -- Rescue, vet and rehabilitate 620,000 stray cats and dogs (the average cost of rescuing, vetting and rehabilitating was about $250 in 2002) -- Save and preserve 77,500 acres of threatened wild land in the U.S. or Canada (Most threatened wild land in the United States or Canada (up to $2000+/acre) costs 12-150 times more than wild land in the Amazon Basin or Patagonia, (from $6-$80/acre) -- Provide 103,333 desktop computers to inner-city schools (at a cost of $1,500/computer) -- Provide 31,000,000 homebound seniors with a holiday meal (at a cost of $5/meal -- City Meals on Wheels) The largest Powerball jackpot ever won by a single-ticket holder was $314.9 million by a West Virginia man in 2002 on Christmas Day. Powerball is now played in 27 states, the District of Columbia, and the U.S. Virgin Islands. |