The dollar can be used once a day. It has to be a dollar’s worth of a product, service or use of a product. For example, A dollar’s worth of a $100 TV would be the life of the TV divided by 100. You would get to enjoy the TV for that amount of time. The product or service is instant and doesn’t require any preparation. It just appears and disappears. Or you could have a TV permanently that is worth one dollar.
Yes, you get the parachute and all and if it is a service where there is a set cost to skydive, then it is X over the time of the fall times one dollar over the cost of the entire service.