1 Million means 10 Lakh or one thousand thousand (i.e.,1,000,000). It is a natural number that falls between 999,999 and 1,000,001. A lot of people often get confused with the concept of millions, crores, and lakhs. This is because different countries have different methods of representing numbers. For instance, the United States and several other nations use the international number system that involves millions and billions, while Indians use the Indian number system that involves lakhs and crores.
This article aims to clearly explain what 1 million means, its equivalent in Indian numbers, and addresses some of the most frequently asked questions regarding it. Whether you are a student, a finance professional, or merely someone interested in the topic, this article will give you clarity on how 1 million is written, read or converted to lakhs in the most lucid manner.
Table of Contents
Let’s begin with the basics. The word "million" comes from the French word million, meaning "a thousand thousand."
So in numbers:
1 million = 1,000,000
This is a one followed by six zeros. In the international number system, we count in thousands, millions, billions, etc. Here's a quick look:
Thousand | 1,000 |
Ten thousand | 10,000 |
Hundred thousand | 100,000 |
One million | 1,000,000 |
Ten million | 10,000,000 |
Hundred million | 100,000,000 |
One billion | 1,000,000,000 |
So whenever you see 1 million, just think of one followed by six zeros.
The place value of digits is calculated differently in Indian and International numeral systems. In the Indian numbering system, place values of digits start from ones, tens, hundreds, thousands, ten thousand, lakhs, ten lakhs, crores, and so on. But, in the International numbering system, the order to define place vale is: Ones, Tens, Hundreds, Thousands, Ten Thousand, Hundred Thousand, Millions, Billions and so on. Moreover, in India, we don’t use "million" very often in our daily conversation. Instead, we use lakhs and crores. So, let's learn how to read and write 1 million in the Indian system.
1 million has 6 zeros so we can represent it in Indian Number System as:
Ten Lakh | Lakh | Ten Thousand | Thousand | Hundered | Tens | Ones |
1 | 0 | 0 | 0 | 0 | 0 | 0 |
Understanding what 1 million means in Lakhs helps in interpreting financial information, social stats or scientific data in both international and Indian number system. 1 Million is equal to 10 Lakhs. In numerical form it is represented as follow:
1 Million (M) = 1,000,000 = 10,00,000
Because:
1 lakh = 100,000
10 lakhs = 1,000,000
This conversion table will help you compare and understand millions in both number systems.
Million |
Lakhs |
1 million |
10 lakhs |
5 million |
50 lakhs |
10 million |
100 lakhs (1 crore) |
100 million |
1000 lakhs (10 crores) |
Converting millions to rupees involves writing one million as ten lakhs in Indian rupees. So, when someone says "1 million rupees" they mean 10 Lakh rupees.
The conversion of the amount from millions to rupees can be written as given below:
In words: Ten Lakh Rupees
In currency: ₹10,00,000
The value of millions in rupees given in the below table:
Millions | Rupees |
1 | 10,00,000 |
2 | 20,00,000 |
3 | 30,00,000 |
4 | 40,00,000 |
5 | 50,00,000 |
6 | 60,00,000 |
7 | 70,00,000 |
8 | 80,00,000 |
9 | 90,00,000 |
This makes it easier to understand when someone talks about income, property value, or social media followers in terms of millions.
No, 1 million is not equal to 1 crore. 1 million is the 110th of a crore.
Let’s do a quick comparison:
1 million = 10 lakhs
1 crore = 100 lakhs = 10 million
So, to reach 1 crore, you need 10 times more than 1 million.
Value |
Indian System |
Equivalent in Millions |
1 million |
10 lakhs |
1 million |
1 crore |
100 lakhs |
10 million |
To summarise, here are the different ways to express 1 million:
Numeric: 1,000,000
Indian number system: 10,00,000
In words: Ten lakh
Currency: ₹10,00,000
Equal to: 10 lakhs, 0.1 crore
Now let’s take it a step higher.
1 billion = 1000 million
That’s 1,000,000,000 (a 1 followed by 9 zeros).
In the Indian system:
1 billion = 100 crores
10 billion = 1,000 crores
So, while 1 million seems big, 1 billion is 1,000 times bigger!
Even though India uses lakhs and crores, many industries such as banking, international trade, movies, and social media use millions because it matches the global number system.
Here are examples:
YouTube views: A video might say "2.5 million views"
Salaries: A global job listing may offer "1 million INR per year"
Apps: "Over 10 million downloads"
So, it's useful to understand both systems.
Let’s look at where you might come across 1 million:
A popular video or reel might get "1 million views." That means 10 lakh people watched it.
If your yearly salary is 1 million rupees, that means you earn ₹10,00,000 per year.
Some properties are priced in millions. A flat may cost 1 million rupees, or ₹10 lakh.
Campaigns may say, "Help us raise 1 million rupees," which means the goal is ₹10 lakh.
An account with 1 million followers has 10 lakh followers.
Here’s a formula:
1 million = 10 lakhs = ₹10,00,000
So:
2 million = ₹20,00,000
5 million = ₹50,00,000
10 million = ₹1 crore (or ₹100,00,000)
Quick trick: Multiply the number of millions by 10 to get the value in lakhs.
Answer: 1 million = 10 lakhs. In Indian currency, it is written as ₹10,00,000.
Answer: 1 billion = 1000 million = 100 crores. It is equal to 1,000,000,000.
Answer: 1 million = 1,000,000 = ₹10,00,000 = 10 lakhs. It is one-tenth of a crore.
Answer: No. 1 crore = 10 million. So 1 million is only 0.1 crore.
Answer: Yes, 10 lakhs = 1 million. Both mean ₹10,00,000 in rupees.
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