DIRS.INFO The most relevant business & tech news

☆ Money can buy happiness for households earning up to $123,000, study suggests
▼ + stars: | 2022-11-10 | by ( Aria Bendix | Aria Bendix Is The Breaking Health Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

A recent experiment suggests that money can indeed buy happiness — at least for six months, among households making up to $123,000 a year. The group that got $10,000 reported higher levels of happiness than those who did not after their three months of spending. Then, after three more months had passed, the recipients still reported levels of happiness higher than when the experiment started. Ania Jaroszewicz, a behavioral scientist at Harvard University, said there is still no scientific consensus about whether money can buy happiness. Jaroszewicz highlighted that in any study of money and happiness, outcomes can also depend on the particular circumstances of people's lives and their expectations.

☆ $2.04 billion Powerball jackpot is now the largest prize in history—here are the top 5 so far
▼ + stars: | 2022-11-10 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

The $2.04 billion Powerball jackpot finally found a winner on Tuesday morning, after technical difficulties delayed the drawing that had been scheduled to take place on Monday. The massive prize marked the fifth time in the past five years that a lottery jackpot has crossed the billion-dollar threshold — and this one was a world record. That one was also a Powerball drawing that reached $1.586 billion and was split between three winning tickets. $1.59 billion (Powerball)This Powerball drawing from Jan. 13, 2016, for which three winning tickets were sold, held the record as history's biggest lottery prize for more than six years, until this week's Powerball drawing dropped it down a spot. $1.34 billion (Mega Millions)The first billion-dollar jackpot of 2022 topped $1.3 billion before it found a winner in July.

☆ Didn't win Powerball's $2 billion jackpot? You may be still be one of the 22 people who won $1 million
▼ + stars: | 2022-11-10 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +3 min

But matching five of the numbers still means a $1 million payout — and 22 people across 16 different states may have winning tickets, according to Powerball. The automatic 24% federal tax rate would take a $1 million payout down to $760,000, according to Powerball's tax calculator. There are enough horror stories of lottery winners squandering their earnings to make winning a major prize seem like more trouble than it's worth. A smaller prize takes a bit of the pressure off, but anyone receiving such a large cash payout can make mistakes. Common advice for lottery winners says to take the prize as an annuity to extend its life.

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. According to the poll, 46% of voters said their family’s financial situation is worse than it was two years ago. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

☆ Why these five states don’t sell lottery tickets
▼ + stars: | 2022-11-09 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

Since 1964, when New Hampshire became the first to offer a state lottery, 44 states have started their own or joined multi-state jackpots. More than 200,000 retail stores and other outlets in the United States sell lottery tickets. That’s because when one state adds a lottery, people often flood across state lines to buy tickets. Recently, states that have adopted lotteries have emphasized that sales from tickets will go to social programs. The people likeliest to buy tickets are often the same ones who most rely on these government programs, he said.

☆ So you won the lottery. What now?
▼ + stars: | 2022-11-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

New York CNN Business —So, you won the lottery. Before you broadcast your sudden windfall to the world, and even before you contact lottery officials, you’ll be wise to surround yourself with a team of lawyers and financial advisers. Make copies of both sides of your lottery ticket, and then lock it up somewhere only you can access it. But there’s one big piece of the lottery puzzle that you can’t farm out to lawyers, and that’s your mental health. “The curse of the lottery losers is very real,” Andrew Stoltmann, a lawyer who has represented lottery winners, told CNBC.

☆ $2 billion Powerball jackpot winner: The 3 smartest moves to make first—and 1 thing to avoid
▼ + stars: | 2022-11-09 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

In fact, lottery winners are more likely to declare bankruptcy within three to five years than the average American, according to 2011 academic study. Get professional financial adviceHire a financial team consisting of a fiduciary financial planner, estate planning attorney and accountant "at a minimum," says Brady. A fiduciary financial planner can be found on the National Association of Personal Financial Advisors's website, Collado says. These tips can help people find a financial planner that's a good fit for their needs. But everyone's situation is different, which is why consulting a financial planner is a good first step.

☆ Shop owner scores $1 million bonus for selling the winning Powerball ticket
▼ + stars: | 2022-11-09 | by ( Stella Chan | ) edition.cnn.com time to read: +2 min

Los Angeles CNN Business —The owner of Joe’s Service Center in Altadena, California, who came to the United States from Syria in 1980 with $14,000 in his pocket, is now a millionaire after selling the sole winning Powerball lottery ticket. California Lottery officials presented the check to Joe Chahayed and his sons Joe Jr. and Danny on a rainy election day outside of their gas station. Business owner Joe Chahayed smiles as he holds a check with his sons, Joe Chahayed, Jr., left, and Daniel Chahayed, right, outside his service center in Altadena, Calif. Damian Dovarganes/APChahayed said lottery officials were waiting for him before he opened his shop this morning. Chahayed hopes the winner is from the neighborhood, and is glad a portion of the lottery money will go towards California schools. “Somebody is holding on to a very important piece of paper this morning worth $2.04 billion, that’s two billion forty million dollars,” said Carolyn Becker, California Lottery spokesperson.

While Maricopa County election officials initially categorized the problem as a "hiccup," it took hours before a solution was identified early Tuesday afternoon. An adjucation board reviews ballots at the Maricopa County Tabulation and Election Center on Tuesday in Phoenix. John Moore / Getty ImagesIn 2020, Joe Biden won Maricopa County by about 6,000 of the more than 2 million votes cast there. When Democratic Sen. Kyrsten Sinema won her seat in 2018, she did so with 50% of the statewide vote, including the 51% she took in Maricopa County. Maricopa County election officials responded that the tweet was inaccurate and "all voters are being served."

By the end of Election Day, approximately 21,000 total interviews will be conducted. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

How the midterm election outcome could impact Biden's agenda Nov. 8, 2022 02:02 Read the full story here. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

The Powerball numbers in the record $2.04 billion drawing were announced Tuesday morning after lottery officials said there was a delay Monday night. The winning numbers were 10, 33, 41, 47, 56 and the Powerball was 10, with the drawing taking place just before 9 a.m. Powerball requires all 48 participating lotteries to submit their sales and play data before the winning numbers can be selected. The last winning Powerball ticket was drawn Aug. 3 by a lucky Pennsylvanian. Three winning tickets were sold in California, Florida and Tennessee in a $1.58 billion Powerball in 2016.

☆ $1.9 Billion Powerball Drawing Is Delayed Because of Security Issue, Officials Say
▼ + stars: | 2022-11-08 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

The highly anticipated Powerball drawing for a record $1.9 billion jackpot on Monday night was delayed because of a security issue in one U.S. state or territory, officials said. Players hoping they secured the biggest lottery windfall in U.S. history would have to wait until one of the 48 participating states or territories finished their security procedures, the Multi-State Lottery Association, which runs the Powerball game, said Tuesday morning.

☆ Delaware woman hits back-to-back lotto wins, claims $400,000 in single day
▼ + stars: | 2022-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +1 min

A Delaware woman won state lottery games twice last month, claiming her $400,000 in winnings in a single day, lottery officials said. The woman wasn't identified, as winners are allowed to remain anonymous under a law regulating state lottery play in Delaware, one of at least six states that allow anonymity for some or all winners. "It’s great to see our players bring home six-figure prizes," state lottery acting director Helene Keeley said in the statement. Monday night's estimated Powerball jackpot reached a world-record $1.9 billion. The jackpot ballooned after there were no six-number winners in Saturday night's drawing, Powerball officials said.

☆ A Winner in California Takes Record $2 Billion Powerball Jackpot After Delay
▼ + stars: | 2022-11-08 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

A record-breaking Powerball run ended in theatrical fashion Tuesday with a single victor in California selecting all six winning numbers to take home the world’s biggest lottery jackpot of $2.04 billion, officials said. Powerball drew the winning numbers on Tuesday morning, nearly 10 hours later than scheduled because of a security issue. The delay heightened anticipation among both casual and regular players who saw the recent headlines about a historic jackpot and rushed to buy a ticket.

☆ Why Powerball Jackpot Jumped to a Record $1.9 Billion
▼ + stars: | 2022-11-08 | by ( Imani Moise | ) www.wsj.com time to read: 1 min

One lucky ticket in Monday night’s Powerball drawing could win someone a $1.9 billion jackpot, the largest lottery prize in U.S. history. If no one picks the right numbers, the game would tie another record: 40 consecutive drawings without a winner. Big jackpots have become more common and harder to win in recent years. The Multi-State Lottery Association, which runs the Powerball game, made changes to the game in 2015 that lowered the odds of hitting the big jackpot, to 1 in 292 million from approximately 1 in 175 million. The Federal Reserve’s interest rate increases further boosted jackpots, because the advertised award is based on the prize money’s investment in a portfolio of bonds over 30 years.

☆ Powerball drawing held for record $2.04 billion jackpot after delay of hours
▼ + stars: | 2022-11-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Powerball sign and lottery tickets are seen at a 7-Eleven store in Milpitas, California, on Nov. 7, 2022. The drawing for a record Powerball jackpot topping $2.04 billion was held Tuesday morning after a delay because of issues with just one state processing ticket sales. "Powerball requires all 48 participating lotteries to submit their sales and play data prior to the winning numbers being selected. Once Powerball receives the outstanding submission, the drawing can proceed," the group said. "Due to the length of the draw delay, it is likely that we will not know the official results of the Powerball drawing until Tuesday morning," the statement said.

☆ Kevin O'Leary: Do this for 1 hour every morning, or 'you will lose money 100% of the time'
▼ + stars: | 2022-11-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

"You have to invest in information," O'Leary says. Spending an hour skimming through articles on your social media feed may sound easy. O'Leary avoids articles with "ridiculous and outrageous headlines" during his daily morning news hour, no matter how enticing they sound, he says. Google has a free fact-checking tool, where you can search keywords and verify if claims on social media or in blog posts are accurate. If you let the news and social media "bleed your time, you're going to become a very inefficient person," he adds.

☆ This common early retirement strategy is a 'terrible idea,' says financial planner
▼ + stars: | 2022-11-08 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

If you're hoping to retire early, you'll have to find a way to replace your salary without working. When it comes to using it as the sole basis of your early retirement, experts are skeptical. Consider smaller withdrawals for a longer retirementIt's not as though proponents of early retirement are just misunderstanding the study. Researchers at Morningstar say a safe withdrawal rate may lie somewhere between 3.3% and 4%, for instance. Aiming for a lower withdrawal rate means you'll need to save more money if you want to fund the same lifestyle.

☆ Here are the pros and cons of owning cryptocurrency in your 401(k) plan
▼ + stars: | 2022-11-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Cryptocurrency is starting to pop up as an alternative asset class in some 401(k) plans. "Making it this easy and accessible has both pros and cons [for investors]," said Douglas Boneparth, a certified financial planner and founder of Bone Fide Wealth in New York. Fidelity Investments and ForUsAll, which administer workplace retirement plans, began offering cryptocurrency such as bitcoin to 401(k) investors within the past few months. However, that doesn't mean all 401(k) plans will offer crypto. "As volatile as it is, it has the potential for huge upswings," said Ivory Johnson, a CFP and founder of Delancey Wealth Management in Washington, referring to cryptocurrency.

☆ Drawing for record $1.9 bln U.S. Powerball jackpot delayed
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: +1 min

[1/2] A screen advertises the Powerball jackpot of $1.9 billion dollars at a newsstand in New York City, U.S., November 7, 2022. REUTERS/Brendan McDermidNov 8 (Reuters) - Punters anxiously waiting to find out if they have won the United States' record-breaking $1.9 billion Powerball jackpot will have to hang on a little while longer after the drawing was again delayed on Tuesday. The jackpot grew to a whopping $1.9 billion after no one secured a winning ticket in Saturday night's drawing, according to lottery officials. "Due to the length of the draw delay, it is likely that we will not know the official results of the Powerball drawing until Tuesday morning," California Lottery said on Twitter, citing a statement from Powerball officials. The previous record for a Powerball jackpot came in 2016, when three ticketholders from California, Florida and Tennessee shared a $1.59 billion top prize.

The biggest-ever Powerball prize was up for grabs this week after months without a jackpot winner. Even if you don't win the jackpot, there are several ways to emerge victorious and a little richer. One lucky winner snagged a winning ticket in the Powerball lottery's record-breaking $2.04 billion jackpot on Monday. Lottery officials announced Tuesday that a winning ticket was purchased in Los Angeles County, California. The next Powerball drawing takes place Wednesday, November 9, at 10:59 p.m. EST.

☆ Winning ticket for Powerball's record $2.04 billion jackpot sold in California — here's what will go to taxes
▼ + stars: | 2022-11-08 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +1 min

The $2.04 billion Powerball jackpot has a winner — well, two, if you count Uncle Sam. A single ticket sold in California matched all six numbers pulled in the delayed drawing, which was held Tuesday instead of Monday night due to one state needing additional time to process its sales and play data, according to Powerball officials. The prize marks the largest ever in lottery history. The jackpot had been rolling higher through thrice-weekly drawings since Aug. 3, when a ticket in Pennsylvania scored $206.9 million. If the person were to choose the cash option — which most big jackpot winners do — the ultimate tax bill would partly depend on their state of residence.

☆ Crypto's self-appointed savior just reached for a lifeline
▼ + stars: | 2022-11-08 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

He’s an entrepreneur whose name often appears alongside descriptors like “wunderkind,” “savior,” white knight, “digital Warren Buffett,” etc. Then, in a truly unexpected twist, Binance said it had offered to buy FTX to resolve its liquidity crisis. The news prompted a brief recovery in digital assets but wasn’t enough to calm anxious investors. Other digital assets and equities tied to the industry, such as Coinbase, also fell. There’s a lot to figure out still, but we can expect digital assets to remain volatile until more details about the FTX-Binance deal are made public.

Search resuls for: "Powerball"

25 mentions found