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The phrase "one billion dollars" is correct and usable in written English.
You can use it any time you wish to express a large sum of money. For example, "The company plans to invest one billion dollars into developing new technology."
Exact(44)
Can you make out the words "One Billion Dollars" on the lower right hand of the bill?
Catch Me If You Can and I, Robot went on to gross nearly one billion dollars in revenue.
Imagine what the one billion dollars spent on political advertising could have done for families in need across the nation.
Paulson's personal earnings on this economic tragedy exceeded one billion dollars.
Mutual trade between Israel and South Africa amounts to about one billion dollars and keeps on growing.
As in, the annualized run rate on mobile for Google is now one billion dollars.
Similar(16)
This year, energy companies expect to put forty-one billion dollars into natural-gas exploration.
Sequestration requires some forty-one billion dollars in defense cuts this fiscal year.
Bidding starts at one billion dollars.
One billion dollars changes hands in the Atlantic Canada lobster fishery and somebody's getting the money".
It costs the United States nearly one billion dollars a year to dispose of food waste.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com