Hey Powerball winner, here's your holiday shopping list

Hopeful millionaires are swarming gas stations, convenience stores, and anywhere else selling Powerball tickets for a chance to win the game's biggest jackpot. NBC's Mara Schiavocampo reports and a seven-time lottery winner reveals his strategies.

Forget toy cars, gingerbread houses and waiting in line to see Santa at the mall. If you’re lucky enough to win the record Powerball jackpot on Wednesday, your new holiday shopping list can include a real Lamborghini and a million-dollar custom-built home.

Oh, and Santa can plan to come to you.

There will be no need to think too hard about the price tags. The Powerball jackpot had jumped to a record $500 million by midday Tuesday, or $327.4 million if you take the cash option.

Of course, federal and state taxes will eat up a good chunk of that. But chances are you’ll still have enough left over to go on a serious holiday shopping spree.

Here are some items you'll want to consider:

A trip to the North Pole
You’re a millionaire now, so obviously you can’t just be content to visit Santa Claus at the mall. Why not go right to the source? Journeys International offers a two-week trip to the North Pole, including a champagne toast at the top of the world and copious opportunities to see polar bears, belugas and other wildlife. The trip starts at $23,995 per person, and a suite on the boat will run you nearly $35,000. Don’t forget to budget for the charter airfare and, of course, your designer outdoor gear.

Santa Claus

Tom Grill / Corbis stock

The downside to the North Pole trip is that it doesn’t happen until June. Maybe an actual visit from Santa is in order. The good news
is he makes house calls. SantaForHire.com promises real bearded Santas, with prices ranging from $150 to $300.

The best holiday meal

Neiman Marcus

If you win hundreds of millions of dollars, you clearly aren’t going to be cooking your family’s holiday dinner. For a mere $250,000, Neiman Marcus offers a private dinner for 10 featuring four of the world’s best-known chefs : Daniel Boulud, Thomas Keller, Jerome Bocuse and Richard Rosendale.

The latest HDTV 

LG

High-end TVs are always a popular item on the holiday wish list, and now that you’ve won the millions you might as well splurge on the latest technology. The LG 84LM9600 Ultra HD 4K LED LCD runs $16,999 and will give you those bragging rights.

Your dream home
Self-gifting is all the rage these days, and what better gift to give yourself than a custom-built dream home? The holiday gift guide from the Robb Report, a magazine for the world’s wealthiest individuals, notes that for a mere $14 million, architect Richard Meier will build you a dream home overlooking the Caribbean Sea in Puerto Rico.

A holiday hot rod

Lamborghini

No holiday wish list is complete without a top-of-the-line vehicle. The Robb Report recommends a Lamborghini Sesto Elemento, a limited edition race car that runs more than $2 million.

A diamond tiara

tiffany.com


If you’ve won millions of dollars, you or your significant other is going to feel like royalty. Tiffany’s diamond tiara is a good option; a similar one recently sold for $135,000.

The best post-holiday vacation ever
The holidays are stressful, even for a multimillionaire, so you’ll probably want to plan a post-holiday getaway to a warm locale. The Robb Report’s recommendation: “Magic Moments,” a weeklong vacation for 24 guests hosted by world-famous illusionist David Copperfield on his private island in the Bahamas. It starts at $1.36 million.

Related:

What to buy when you win the $640 million Mega Millions

People.com
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Begin the transition out of my current employment. Look into venture capitalism of small IT startups where small investments can unlock huge potential. Delve a little deeper into local investment properties - strip malls could do well in a few areas here. Establish or help fund a non-profit animal shelter.

There are several ways that we can give back - these are a few methods I am interested in. I am sure there would be various donations to specific charities, in addition to the above.

I would also pay off the small amount of debt I have built and establish some funding for my future and the future of my daughter. Propery would also be an area of investment.

Last area of investment would be in property. Specifically the housing market. A home for my family where we currently live and a smaller property back where my family lives in addition to some rental residential and commercial locations.

I am all for giving back and these are a few of the methods I would pursue. I believe in having control on how my money gives back to both consumers and the market (including jobs market). In my opinion it is also a solid strategy to reap rewards from what you give so that you can continue to do so rather then running the well dry.

  • 2 votes
Reply#48 - Tue Nov 27, 2012 1:21 PM EST

Definitely a custom made home, a ranch with cows horses, goats and a couple of Huskies maybe my own winery.

  • 1 vote
Reply#49 - Tue Nov 27, 2012 1:26 PM EST

No one has though to mention the poor jobless strippers that where thrown out into the cold when their strip club blew up in Springfield MA. I would take them in and care for them and name them George

    Reply#50 - Tue Nov 27, 2012 1:39 PM EST

    I deleted text that I forgot to incorporate again. I would also invest in the start up of several national franchises, within my region. The consumer traffic is stron, the demographics are right, the competition isn't as strong as it could be and the college local could use the jobs.

      Reply#51 - Tue Nov 27, 2012 1:48 PM EST

      I would pay off my land and home. ( I have 10 acres with goats, dogs, and cats; my herd). Travel, buy a couple of new cars; nothing fancy, a new pick up and a jeep, build my dream studio with painting area with good north light, a full dark room, etc. I would open a non kill animal rescue in my county, and give a large chunk to Wounded Warriors. They deserve all the help they can get to take care of wounded vets.

      • 1 vote
      Reply#52 - Tue Nov 27, 2012 1:52 PM EST

      In addition, help those less fortunate. Two hundred million spread a lot of cheer.

      I would settle for enough to have a good Christmas.

        Reply#53 - Tue Nov 27, 2012 2:03 PM EST

        ....a job.

          Reply#54 - Tue Nov 27, 2012 2:12 PM EST

          Some cozy small chatteau in the South of France on the Cote d'Azur would do nicely. Nothing austentatious, mind you...just big enough for me and my cat and a Ferrari or two. They say Monte Carlo is nice year 'round. Perhaps I'll take up baccarat and pretend I'm a Bond villian.

            Reply#55 - Tue Nov 27, 2012 2:16 PM EST

            Pay off debts, maybe a larger house, investment/saving accounts for kids, retirement fund for me and the wife, and savings for us to do some serious traveling.

            I would then start an investment fund for high school kids in my state and get other useless rich people to invest so every high school kid can get into college with a year or two of tuition covered. Maybe even expand to teachers a bonus program to supplement the crap they get paid to teach my kids.

              Reply#56 - Tue Nov 27, 2012 2:22 PM EST

              Actually, my perfect meal would be by chefs Alex Guarnashelli, Amanda Freitag and Anne Burrell. Perhaps the chefs suggested in the article are considered more elite but I believe I would have an enjoyable evening visiting with these three women.

              • 1 vote
              Reply#57 - Tue Nov 27, 2012 2:27 PM EST

              It is quite obvious that folks have n idea just now much $$$ it being discussed. Pay off college, buy a house, etc. That's walking around money when you have just put $200 million after taxes in your pocket.

              1. disconnect phone

              2. for sale sign in front of house

              3. get attorney to set up a trust with trustee as the public face of the trust so no one knows who won the money

              4. disappear for at least a year

                Reply#58 - Tue Nov 27, 2012 2:46 PM EST

                I would take care of all my family here, then head to Korea and Japan to invest in their entertainment industry.

                  Reply#59 - Tue Nov 27, 2012 2:46 PM EST

                  The idea of all this money inspired me to make a list of outstanding organizations/charities, as well as establishing scholarships at the local junior college and UT Tyler in our town (Tyler, TX) and giving away, off the top, $75 million to them, then buying homes and establishing trusts for our children, a new home for us (giving our 2-year old home to a deserving couple), cars all around, and my personal pleasure, first-class all the way to Maui for long vacations at the Kapalua Villas overlooking the ocean for my wonderful husband and myself. The rest of the money? We would only need a fraction of the remainder, so would undoubtedly give more than the initial $75 million to other worthwhile organizations elsewhere.

                    Reply#60 - Tue Nov 27, 2012 2:57 PM EST
                    TeeTundDeleted

                    feed the homeless children around the world.

                      Reply#62 - Tue Nov 27, 2012 2:59 PM EST

                      Yes, I have two tickets for Wednesday's Powerball Lottery. Yes, I want very much to win a big lottery. But not 500 million dollars big, God that would as much if not more of a headache than not having enough money.

                      Why do I want to win a big lottery? For 15 years I was primary caregiver to my parents and during most of that time caregiving made employment impossible. I lost my Dad in 2001, and I just lost my Mom back in October. So now at 57 I have no job, no income, years out of the job market, faced with losing everything even my home. That's why I want to win a lottery, I need the money.

                      I have the three things in place they say you need if you win big. A financial advisor, an accountant, and an attorney.

                      What would I do if I win? I have a list made up of who I would give money to and it starts with my Church. I figure through your Church is the best way to make sure it gets to those in need. My list includes the SPCA, Heart Association, Cancer Society. I'm also very big on history and historical preservation and also education.

                      As far as a Christmas present for myself? If you manage the money wisely my present would come from just having that kind of money. It's the financial security that having and wisely managing that kind of money would bring. What I want most of all for Christmas is security and stability in my life and money would give me that, and a lot of money would allow me to help others as well.

                      • 1 vote
                      Reply#63 - Tue Nov 27, 2012 3:04 PM EST

                      how about helping the less fortunate?helping those that don't know where their next meal will come from?

                        Reply#64 - Tue Nov 27, 2012 3:04 PM EST

                        I would use every last penny to find the cure for my grandmothers (and all others) cancer.

                          Reply#65 - Tue Nov 27, 2012 3:08 PM EST

                          First off, I would hide my identity so no one, except my parents, would know I was a millionaire. I would dress like I do now (like a poor man) and hunt for my soul mate. She wouldn't know I was rich until AFTER she marries me (prenup). That way I know she wants me for me and NOT my money. We would have lots of kids (my Dad and Mom so want grandchildren).

                          I would put $100 million in the bank and live off the interest ($300,000/year?)

                          For the rest of the money I would:

                          Pay off mine/family/close friends debts and fix my credit rating.

                          Buy a square mile of land in the mountains of Colorado.

                          Build a fair sized (nothing too extravagant) home to house me and my family and a few friends.

                          The house would have the ultimate in modern conveniences with all of the high tech gear I could think of. It would have a pool, tennis court, sauna, hot tub, a guest house, a billiard room, game room, a large dining room, a huge kitchen, a green house, a huge garden, a field of solar panels and wind power, a helicopter w/pad, a full garage to repair my vehicles, a carpenters shop, an art studio for my mother, etc. Basically, the home would be off the grid and be self sufficient. Kinda like Jefferson's Monticello (back in the day).

                          I would donate at least a million dollars (ea) to the local children's hospital, the food bank, toys-for-tots, homeless shelters, Hope House, and the Arts.

                          Every Christmas I would go out into the city and pass out $100 bills to homeless people and the needy I came across.

                          I would get my health back (need a transplant and other issues addressed).

                          I would invest in start up businesses.

                          I would do a little traveling (Grand Canyon, Yosemite, Yellow Stone, Alaska, etc.)

                          I would hike the Appalachian Trail.

                          I would buy a Trailways bus an deck it out for road trips.

                          I would find old cars and antiques to restore.

                          But, mostly I would help as many people I could (without breaking me) because this money would completely turn my life around and I would want to bring that same joy into other people's lives.

                            Reply#66 - Tue Nov 27, 2012 3:11 PM EST

                            I would pay off all of my "Immediate" family's debt. That means houses, vehicles etc. Whatever their proven debt is it will be gone. Then for my extended family and friends, there would be a large wheel with $$ amounts on it from 10-50k. You get ONE spin... that's it, and that is all you will get from me. Then i plan on disappearing. I mean different country, name, all of it. I am gone baby!!!

                            • 2 votes
                            Reply#67 - Tue Nov 27, 2012 3:12 PM EST

                            Going to blow it all in Vegas.

                            • 2 votes
                            Reply#68 - Tue Nov 27, 2012 3:20 PM EST
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