Minnesota Ranks As a Haven for Millionaires

It's the age-old question, "What would you do with a million bucks?" Believe it or not, Minnesota is a state where that question is asked and answered on a daily basis.

Why is that? Because Minnesota has a lot of millionaires. In fact, Minnesota is on a list of 15 states that have more millionaires per capita than others in the country.

Yahoo Finance took a look at Insider Monkey, "an investing website that tracks the movements of corporate insiders and hedge funds" to determine where there were areas of substantial wealth in the country.

States with the Most Millionaires in the U.S.

1. New Jersey
2. Maryland
3. Connecticut
4.  Massachusetts
5. Hawaii
6. District of Columbia
7. California
8. New Hampshire
9. Virginia
10. Alaska
11. Washington
12. New York
13. Colorado
14. Minnesota
15. Illinois

So there are at least 167,206 households in Minnesota who have the opportunity to ponder the question of what to do with a million dollars.

Source: Yahoo Finance and Insider Monkey