No, the million dollar bill is not considered legal tender in the US and is not in circulation.
The largest bill in common circulation is the $100 bill - although notes are printed up to the value of $100,00 for use between banks and governmental institutions.
One million dollar bill
There have been a great many instances of fake million dollar bills being printed, often as part of jokes or as flashy marketing campaigns.
For example, the US Libertarian Party has printed pamphlets made to resemble a million dollar note in order to bring the attention of American voters to their political message.
Additionally, Living Waters Publications (an evangelical Christian ministry) has created religious tracts made to resemble a million dollar note.
More recently, the ministry has also tried their luck with billion dollar bills.
Has anyone ever used a $1,000,000 bill?
Believe it or not, there have also been some instances of people actually producing counterfeit million dollars notes for the purpose of committing fraud.
Mind you, this is a rather curious way of counterfeiting money as it should be obvious to anyone working in a business that million dollar notes are not in circulation.
Moreover, some stores in the US have a policy of not accepting any denomination higher than a $50 note.
The largest bill in common circulation is the $100 bill - although notes are printed up to the value of $100,00 for use between banks and governmental institutions.
One million dollar bill
There have been a great many instances of fake million dollar bills being printed, often as part of jokes or as flashy marketing campaigns.
For example, the US Libertarian Party has printed pamphlets made to resemble a million dollar note in order to bring the attention of American voters to their political message.
Additionally, Living Waters Publications (an evangelical Christian ministry) has created religious tracts made to resemble a million dollar note.
More recently, the ministry has also tried their luck with billion dollar bills.
Has anyone ever used a $1,000,000 bill?
Believe it or not, there have also been some instances of people actually producing counterfeit million dollars notes for the purpose of committing fraud.
Mind you, this is a rather curious way of counterfeiting money as it should be obvious to anyone working in a business that million dollar notes are not in circulation.
Moreover, some stores in the US have a policy of not accepting any denomination higher than a $50 note.
