9 over-the-top purchases you could make if you won the $880 million US Powerball jackpot

Screen Shot 2017 08 23 at 11.16.02 AMPrivate Island OnlineHere’s a private island you could relax on when the pressures of wealth get to you.

Yes, we know the chances of winning are extremely slim, and you probably wouldn’t want to take the lump sum anyway.

But dreaming never hurt anyone. We’ve compiled a list of some of the most outrageously expensive things you could do and buy — with a clean conscience — if you were to take home the insane $US700 million ($AU880 million) US Powerball lottery jackpot.

Even if you made these purchases, you’d still have a lot of cash left over.

Raisa Bruner contributed reporting to an earlier version of this article.

You could start small, picking up the most expensive ride in the world: the 1962 Ferrari 250 GTO. Sold at auction for $38 million in 2014, the GTO would barely make a dent in a lottery winner's net worth.

Picture: Getty Images

When you're ready to start spending, a private jet would be a good way to go. While normal top-of-the-line jets go for the $65 million range, as a lottery winner you might want to consider the $400 million Airbus A380.

Picture: Getty Images

If you're looking to buy real estate in the US, you could purchase the most expensive home currently on the market for $350 million. The 25,000-square-foot Bel Air estate was featured on the 1960s TV show 'The Beverly Hillbillies.'

Hilton & Hyland

Source: The Real Deal

You might want to escape for a while. There's no better place to do so than on Necker Island, built and owned by Virgin Group founder Sir Richard Branson. Necker will run you $80,000 per night for up to 34 of your closest friends, which shouldn't strain a Powerball winner's wallet.

Or, if you want to just buy an entire island to keep for yourself, check out Rangyai Island off the coast of Thailand. It's currently on the market for $160 million.

For the casual millionaire, space might be the next frontier for a weekend getaway. Virgin Galactic can fly you there on a shuttle for $250,000.

Timepieces are a mark of status. Show yours with Graff's diamond Hallucination watch, which goes for $55 million.

Luck waxes and wanes, but diamonds are forever. The 59.6-carat Pink Star diamond sold for $71.2 million in April, making it the world's most expensive diamond — and something you might want to try to add to your collection.

Picture: Getty Images

Make a splash on the art market by picking up a big-name piece. This Pablo Picasso, 'Les Femmes d'Alger,' recently sold for $179 million, making it the most expensive piece of art in the world — and meaning that almost any storied artwork would be within the grasp of the Powerball winner.

Picture: Getty Images

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