Actually I didn't.
I was at Citymarket in Aspen and after finding the shelves bare of seltzer I looked up while checking out and noticed the current powerball jackpot was $20 Million. That got me thinking---if I won powerball what kind of home could I buy in Aspen?
Answer is not much.
I figured I would take the lump sum, pay the taxes and take my powerball winnings to Aspen Sotheby's and buy myself an excellent Aspen mansion. Except after the lump sum discount and taxes my payout is 'only' $8.8 million. The 'average' home sales price in Aspen for September was $12.2m and price per square foot was $2k. So yea you could buy a meh 4k square foot home with your powerball winnings. Or you could keep $1m for some improvements and taxes etc and buy this gem for $7.75m.
Anyone besides me wondering if Aspen homes might look a bit like tulip bulbs.
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