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Having your own pc on cloud?

So guys iv been wondering is it possible to have your own pc on cloud that works 24/7? Like virtual machine but only on cloud that i can access any time? im talking about PC like your own desktop to install applications .exe and something else? Im not talking gaming pc on cloud its just regular with 1gb ram and 20 gbs of free space. Is that guys possible? I know it wont be free ofcourse but im just wondering because it would save me a lot of my time.
Reply to bosanskirambo
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    well there are alot of online services that does that already but you need to pay them monthly just like another website/server account for you.
    popular ones are amazon workspace.
    paperspace
    mokogo
    and alot of other startups
    Reply to marksavio
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