After spending 4/5 on a large house, he has 1/5 remaining.
After spending 3/4 of his 1/5 remaining on a luxury yacht he has 1/20th of his money left
After spending 2/3 of his 1/20 on a trip to space he has 1/60th of his lottery money left.
And since 1/60th of his lottery money is $50,000
That would mean 60/60(his original lottery amount) was 3million. (3,000,000)