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May is for Millionaires

Cartoon graphic of stacks of hundred dollar bills

Beginning in 1955, The Millionaire television program aired, starring Marvin Miller. In each fictional episode, the millionaire gave away a million dollars to a stranger. Many of us dream of becoming a millionaire through hard work, inheritance or a winning lottery ticket.

Another way to get a million dollars is on the game show, Who Wants to be a Millionaire? Who doesn’t! We have many wishes to fulfill with money. Some want to pay off mortgages, school loans, or pay for a long-wished-for vacation. Others want to give money to grandchildren for education, charities or non-profits.

Millionaire fun facts:

  • The average age of millionaires is 62
  • 3% of the US population are millionaires
  • 16% inherited wealth
  • New York City, Los Angeles and Chicago have the most millionaires (in that order)
  • The US, China and Japan, have the most millionaires (in that order)

The song “If I Had a $1,000,000” provides lyrical ideas to listeners how to spend such a large sum of money, including a house, a tree fort, a fur coat, and a monkey among other functional and high-priced, luxury items. But that begs the question, what would you do with a million dollars? Have fun and discuss with friends on May 20: Be a Millionaire Day.

Source: spendmenot.com

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