Nov. 27, 2012 at 7:25 AM ET
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.
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
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
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
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
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.