As of the last conversion before Italy adopted the euro in 2002, 1 million Italian lire was approximately equivalent to 500 euros. The exchange rate of euros to US dollars fluctuates, but as of recent rates, 500 euros is roughly around 550 to 600 US dollars. Therefore, 1 million Italian lire would be valued at about 550 to 600 US dollars today. However, for precise values, it's always best to check current exchange rates.
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