Mega Millions jackpot lottery winner can buy a lot. Cars, islands and the N.Y. Islanders

What would you do if you hit the Mega Millions?

We’ve all dreamed about it. If you win Tuesday’s drawing, which would earn you $1.05 billion, or a cash option of $527.9 million, you would bring home the fourth-largest prize in the lottery’s history. You’d still have to pay taxes, which is a bummer since you were the one who picked the numbers, but those are the rules.

We’re going to forget that because spending half a billion is much more fun.

So what would you buy when you hit? Here are some options:

Buy the New York Islanders

Are you a hockey fan? According to workandmoney.com, you could own the New York Islanders if you’re willing to drop $520 million. Not a bad deal; it would give you something to do 41 nights a year when you go to their games. Only problem? You’ll have to watch the Islanders 41 nights a year.

Would I do it? No way. I lose enough sleep when teams I have no financial stake in lose.

Buy Rangyai Island

I never heard of this, but I’m very interested. According to privateislandsonline.com, “Located just east of the island of Phuket, an island popular with tourists and estate owners, Rangyai is the largest island currently available for sale in the region. The island is close to both Phuket and Coconut Island, both of which are home to numerous resorts and are very popular with tourists. Ranyai Island is an advantageous position in the area, allowing the prospective owner to capitalize on the development potential of this property.”

The island is 100 acres and includes white sand beaches and tropical forests. It sounds like a beautiful getaway!

Would I do it? It sounds great, but my wife would then invite my in-laws, then I’m feeling like Gilligan, looking like the Skipper. Not a great combo. I’m out.

Buy a private jet

You can get cheaper models, but if we hit the lottery, I’m not buying a junker plane. You’re only buying someone else’s problem. I’ve done it with cars, but since I hit the lottery, my life is much more valuable. I’m going with one of the nicer models you can buy. The president’s Air Force One is valued at $650 million. Since we only have $527 million to play with, I’m going with a $500 million one. I need some money for gas.

Would I do it? I’m told I don’t take my wife anywhere now. If we had a plane in the backyard and $20 million in the bank, I know I’d be going to Spain for brunch. That ain’t happening, so no plane.

Buy an estate in California

For $19.5 million, you could buy 40 Long Ranch Road in St. Helena, California. This 8,500-square-foot home would only cost you $132,657 a month, which is pocket change. The description on realtor.com?

"Located just minutes from Silverado Trail to St. Helena and Yountville, this special 40-acre beautifully landscaped compound features an amazing 8,500 square-foot estate home and two 1,000 square-foot private guest houses built for privacy with another 60-foot lap pool, incredible gardens, and magnificent views of the lake. The old-world elegance of the four-bedroom, six-bath main house is reflected through Venetian plaster walls, Chinkapin oak floor-to-ceiling pocket doors, custom ironwork, walnut hardwood, and French limestone floors. Elements of modern luxury include two offices, a gym, a large wine cellar, and a state-of-the-art kitchen are sure to meet the needs of the most sophisticated buyer. Gorgeous mature gardens, multiple outdoor entertainment areas, full-size tennis court, Bocce court, fountain, and pools invite the buyers to live, work and play in the fabulous Napa Valley."

Would I buy it? This looks like a lot of work to upkeep. And I know every time I left a light on, even if she was on the other side of the mansion, my wife would yell at me.

Buy a thoroughbred horse

At $16 million, it would be fun to own a racehorse. I wouldn't race him ever. He'd be a pet. But it would be fun walking past people who paid $1,200 for a labradoodle to see me with a descendant of Secretariat.

Would I buy it? My cat doesn't allow foster cats to sleep in our bathroom. I don't see her allowing Mr. Ed to gallop through our home. I'd love it, but I just can't.

Buy a Rolls Royce Boat Tail

According to motor1.com, this automobile will set you back $28 million. It's a bargain. I can buy one for everyone in my family! "The Boat Tail has a unique two-tone exterior, custom high-end finishes inside, and even a 'hosting suite' complete with a champagne fridge and built-in sun umbrella."

Would I buy it? I'm still learning how to put my seat up in my 2012 Honda Civic that I bought five years ago. It doesn't matter if I have a fridge; I'm still throwing half-emptied water bottles all over the back seat. I'm a no on this.

Odds of hitting Mega Millions

According to a story by USA Today, the odds of winning the Mega Millions jackpot are about one in 302 million. You are much more likely to be attacked by a shark, die in a plane crash or get struck by lightning.

Winning the lottery seems like a lot of work, but I guess it beats the alternative of getting eaten by a shark. I'm still playing, but after seeing my options, I'll be OK staying where I'm at.

This article originally appeared on Asbury Park Press: Here's what Mega Millions jackpot lottery winners can buy