I feel safe to say most readers of this blog will never see a billion dollars. Your chance of being a billionaire is 1 in 800,000. If you are the 1 in 800,000, congratulations.
A billion dollars is difficult to visualize so let me put it into perspective.
A billion minutes ago, Jesus was alive.
A billion hours ago, our ancestors were living in the Stone Age.
A billion days ago no one walked on earth on two feet.
To put it in a different perspective, a billion is a thousand million.
To place it in a better perspective, a billion seconds ago, it was the year 1959.
How long would it take to count to one billion?
If you count one number a second without stopping until you reach a billion. That task would take you 31 years, 259 days, 1 hours, 46 minutes, and 40 seconds.
A billion dollars is equal to the taxes collected in one year from you and 103,424 of your closest friends.
U.S. hospitals provided $39.1 billion in uncompensated care in 2009, $2.7 billion more than in 2008, according to the latest data from the American Hospital Association. Underpayments by Medicare and Medicaid to U.S. hospitals reached $36.5 billion in 2009, up from $32.4 billion in 2008 and $3.8 billion in 2000. Survey findings note that Medicare reimbursed 90 cents and Medicaid reimbursed 89 cents for every dollar hospitals spent caring for these patients.
It seems to me the word billion gets thrown around like we should all know how much it is when in reality, we wouldn’t be able to sleep at night if we did.
If you need anything from me feel free to call at two in the morning, I’ll be up trying to figure out how much a billion really is!