What would you do with $1 billion?

09/06/2017 06:46 pm ET

The question of how to spend $1 billion has been on my mind for the last couple of weeks. My company, DraftKings, is offering a $1 billion prize to the person who comes up with a perfect daily fantasy football lineup for the first week of the NFL season.

And while I am one of the few people unable to enter the promotion because of my status as a DraftKings employee, that hasn’t stopped me from contemplating what I would do with that kind of life-altering money. After envisioning the typical steps like paying off my mortgage, buying a nice car and deciding when to retire, it dawned on me the tremendous amount of responsibility that much money would bring.

A $1 billion fortune carries both societal expectations and, I believe, obligations. My daydream about how to spend $1 billion quickly turned into a mental and moral exercise – brainstorming endless ways I could use that money to improve the lives of other people.

Here are some of my ideas for what $1 billion can accomplish:

  • Help rebuild the 13,500+ homes destroyed by Hurricane Harvey with a $1 billion donation to relief efforts[1]
  • Stock 4.8 billion pounds of food to feed hungry people[2]
  • Distribute 333.3 million school books in underserved communities[3]
  • Donate 6.25 billion life-saving vaccines to combat Hepatitis B around the globe[4]
  • Provide health care to 21.9 million people in third-world countries[5]
  • Eliminate an estimated 14.3 million million tons of harmful CO2 from the environment[6]
  • Rescue 2.5 million animals from life on the streets or euthanasia[7]
  • Preserve 100 million acres of rainforest land[8]

How would you spend $1 billion? Let me know by leaving a comment or through Twitter @JBAlderman.

And if you think you can build the perfect fantasy lineup for the first week of the NFL season, you can enter it at DraftKings. If you win the $1 billion, drop me a line – I have a lot of ideas for you.

[4] Unicef

[5] The World Bank (2014 data; “least developed countries: UN classification” data for per capita healthcare cost)

[6] U.S. Department of Energy (Current cost to capture a metric ton of CO2 is $60-$70; equates to 14.3M – 16.7M tons of CO2)

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