Chris Reynolds said he was shocked when he received his monthly statement via email from PayPal last week, with an ending balance of USD 92 quadrillion, over a million times richer than the world's richest man, Carlos Slim.

"I'm just feeling like a million bucks," Mr. Reynolds was quoted as saying by the Philadelphia Daily News. "At first I thought that I owed quadrillions. It was quite a big surprise."

After absorbing the initial shock, Mr. Reynolds logged on to PayPal's site and saw that his balance was listed there as USD 0.

If the prodigious account credit were true, Reynolds said he would pay down debts with the money.

"I'm a very responsible guy," he said. "I would pay the national debt down first."

PayPal has admitted the error and offered to donate an unspecified amount of money to a cause of Mr. Reynolds' choice.

"This is obviously an error and we appreciate that Mr. Reynolds understood this was the case," CNN quoted PayPal as saying in a statement.

PTI