# Place Value Up to Hundred Millions: Lesson for Kids

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• 0:04 Place Value
• 0:39 Recognizing Billions
• 1:19 Place vs. Value
• 2:39 Placing Digits Correctly
• 3:47 Lesson Summary
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Lesson Transcript
Instructor: Tawnya Eash

Tawnya has a master's degree in early childhood education and teaches all subjects at an elementary school.

Who wants to be a billionaire? Many people can't even imagine the size of the number 'a billion,' let alone have that much money! In this lesson, you are going to learn how to identify place value in numbers all the way up into the billions.

## Place Value

Tommy says he wants to be more than a millionaire when he grows up. He wants to earn enough money to become a billionaire! Tommy dreams of inventing something that will make him piles of money. But before he gets to become a billionaire, he wants to know how much 'one billion' is and what it looks like as a number.

Let's help Tommy out.

You might be familiar with a place value chart, which is a tool to show the place each digit of a number is located in. You can take digits and put them in a place value chart to create numbers.

This place value chart shows you all of the places that lead up to billions.

## Recognizing Billions

Try placing the following numbers in the correct order on a place value chart:

• 1,987,654,321
• 987,654,321
• 4,190,572,608

How did you do? Your numbers put inside the place value chart should look like this one appearing here:

Take a moment to study this chart and feel free to pause the video to get a better look at it before moving on with the lesson. Got it? Great. Now that you've placed the digits in the correct order, what does it all mean?

## Place vs. Value

Think about the difference between the words 'place' and 'value.'

The place of a digit refers to the location the digit is in the whole number. A digit could be in the ones place, the thousands place, the billions place, and so on.

When you think of value, you're referring to how much that digit is actually worth in the number. A '7' in the tens place has a value of 70.

• Place equals location.
• Value equals worth.

Let's say there were 2,876,534,001 tickets sold to attend the Super Bowl over the history of the NFL. Take a look at place value with this number.

The place of the digit '7' is ten millions. The value of the digit '7' is 70,000,000.

Find the place and value of the following digits for the same number of Super Bowl tickets sold:

• 6
• 5
• 2

So what do you think?

• The '6' is in the millions place and its value is 6,000,000.
• The '5' is in the hundred thousands place and its value is 500,000.
• The '2' is in the billions place and its value is 2,000,000,000.

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