DIRS.INFO The most relevant business & tech news

☆ Here's why people believe they'll win the record $1.5 billion Powerball jackpot — even when the odds are 1 in 292 million
▼ + stars: | 2022-11-03 | by ( Aria Bendix | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +1 min

The $1.5 billion Powerball jackpot is the second largest prize in history, with the next drawing Saturday. Players are more likely to get killed by fireworks than win the prize, but they still purchase tickets. The Powerball jackpot is soaring toward a record high after no winners were declared in two recent drawings. Those who enter have about a 1 in 292.2 million chance of taking home the prize, according to Powerball. While it may seem silly to think that we could actually win the lottery, Americans are quite fond of throwing their hat in the ring.

The second-largest Powerball prize is up for grabs on Wednesday night. Even if you don't win the jackpot, there are several ways to emerge victorious and a little richer. For the uninitiated Powerball players who may have impulsively purchased a ticket, we decided to break down all the possible ways you can win. The "Power Play" add-on means your cash prize will, at minimum, double if you have a winning ticket for anything other than the grand prize jackpot. For all other prizes, the "Power Play" bonus will either be 2x, 3x, 4x, or 5x your winnings.

☆ $1 billion lottery jackpots are more common than ever—and it’s actually making them harder to win
▼ + stars: | 2022-11-02 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

It's the fifth time a U.S. lottery prize has reached 10 digits since 2016, when the first billion-dollar prize jackpot was announced. Make that lottery harder to win and you can almost guarantee higher jackpots on a regular basis, incentivizing even more people to buy lottery tickets. Powerball's organizers have gradually made their lottery harder to win for decades, says Victor Matheson, an economics professor at the College of the Holy Cross who studies lotteries. Before then, your odds of winning a Powerball lottery were around 1 in 175 million, Matheson says. "They've been running Powerball or its predecessor for [34 years], and they've gradually been making it harder and harder to win," Matheson tells CNBC Make It.

Someone could get a Halloween treat of a lifetime Monday when Powerball draws for a jackpot worth $1 billion. The jackpot broke $1 billion after no one won Saturday, game officials said. It’s the second time that a jackpot has passed the $1 billion mark. Winners in California, Florida and Tennessee won the other one — a $1.5 billion jackpot — in 2016. The odds of winning the jackpot is 1 in 292.2 million.

☆ U.S. Powerball jackpot hits $1 billion ahead of Halloween night drawing
▼ + stars: | 2022-10-31 | by ( Rich Mckay | ) www.reuters.com time to read: +1 min

Oct 31 (Reuters) - The jackpot in Powerball's Halloween night drawing has surpassed $1 billion, making it one of the richest prizes ever offered by one of the major U.S. lotteries. The current jackpot ranks as the second highest in the game's history behind a $1.585 billion top prize in 2016, which was divided among three lucky ticket holders from California, Tennessee and Florida. Winners must guess all six lucky numbers including the final "Powerball. It is the sixth time in Powerball history that the jackpot surpassed $700 million, including the $825 million prize offered in a drawing on Saturday, when no ticket matched all six numbers. The last time that someone won the Powerball jackpot was on Aug. 3, when a ticket holder from Pennsylvania claimed a $206 million prize.

☆ Powerball jackpot hits $1 billion, its second-highest total ever—here are the 8 states where you'd win the most
▼ + stars: | 2022-10-31 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

The Powerball lottery jackpot has grown to $1 billion for the second time ever. How much you'll actually take home if you win will vary based on which state you live in, and whether or not it charges income taxes on lottery jackpots. Winners can choose to take the full jackpot amount as an annuity for 30 years or take a lump sum worth roughly 51% less than the jackpot total, according to Powerball's calculations. While it might seem counterintuitive to take less total money, many winners choose to do so after consulting with a financial advisor. Either way, the winnings you'd take home would vary based on the total taxes incurred in your state.

☆ Powerball jackpot hits $1 billion — but only if you pick the less-popular prize option. If you win, here's the tax bill
▼ + stars: | 2022-10-31 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +2 min

The annuity option is higher than it has been, relative to the cash option, due to higher interest rates that make it possible for the game to fund larger annuitized prizes, according to the Multi-State Lottery Association, which runs Powerball. The cash option, however, is driven by ticket sales. Assuming you were like most winners and chose the cash option, a 24% federal tax withholding would reduce the $497.3 million by $119.4 million. The top federal income tax rate is 37% and this year applies to income above $539,900 for individual tax filers and $647,850 for married couples. While some jurisdictions have no income tax — or do not tax lottery winnings — others impose a top tax rate of more than 10%.

☆ You may experience a 'mysterious disappearance’ on Halloween — and insurance probably won't pay for it
▼ + stars: | 2022-10-31 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Renters and homeowners insurance claims related to a "mysterious disappearance" increased by 5% on Halloween and 3% on Mischief Night, which is the night before Halloween, according to Travelers Insurance claims data from 2011 to 2021. Some have clauses that explicitly deny payment in cases of such a "mysterious disappearance." Why 'named perils' matter in insurance coverageHowever, you're not necessarily in the clear just because your policy doesn't explicitly omit a "mysterious disappearance." When it comes to personal property, insurance generally only covers renters and homeowners for a "named peril," Griffin said. So-called all-risk policies or open perils policies, by contrast, cover any event the policy doesn't specifically exclude.

☆ Politics and your portfolio: Midterm elections create uncertainty for markets
▼ + stars: | 2022-10-31 | by ( Stephanie Dhue | ) www.cnbc.com time to read: +3 min

Voters file down the hall as early voting begins for the midterm elections at the Citizens Service Center in Columbus, Georgia, on Oct. 17, 2022. So with the midterm elections now a week away but the outcome still not in focus, does it make sense to make those adjustments now? Financial advisors say it's best to adjust your portfolio based on your financial goals and not on the outcome of any event. The market has a 'very distinct' midterms patternHistorically, stocks tend to do better after midterm elections. In 17 of the 19 midterm elections held since 1946, stocks performed better in the six months after the election than they did in the six months prior.

☆ Saturday's $825M Powerball jackpot is the game's second-largest after weeks without a big winner
▼ + stars: | 2022-10-30 | 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

With no immediate winners reported at Thursday's drawing, Saturday's Powerball jackpot grew to roughly $825 million, its second-largest ever. It would be the 37th time a Powerball drawing turned up no jackpot winner. "A Powerball jackpot this size has a lot of people dreaming big," Drew Svitko, group product chair of Powerball, said in the statement Saturday. The estimated $825 jackpot was the largest Powerball prize of 2022 so far, organizers said. On Aug. 3, a ticket in Pennsylvania matched all five white balls and the red Powerball to win the last Powerball jackpot to pay.

An Illinois resident claimed a winning Mega Millions ticket worth $1.28 billion in August. Here's how some of the revealed winners splashed their cash on when they found out they were rich. And on Wednesday, the Powerball Jackpot shot up to $800 million after it was announced that no one had purchased the winning ticket. In fact, many lottery winners end up blowing it all. Here are the first things 14 different lottery winners splashed their cash on.

☆ Powerball jackpot grows to $700M after months without a big winner
▼ + stars: | 2022-10-27 | by ( The Associated Press | ) www.nbcnews.com time to read: 1 min

DES MOINES, Iowa — The eighth-largest lottery jackpot will be up for grabs when numbers are drawn for an estimated $700 million Powerball grand prize. No one has matched all six numbers and won Powerball’s top prize since Aug. 3, allowing Wednesday night’s jackpot to slowly grow for a nearly three months. The $700 million jackpot is for those who take an annuity option, paid out annually over 29 years. The biggest lottery jackpot was a $1.586 billion Powerball prize that three ticket holders won in 2016. Powerball is played in 45 states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

☆ Powerball's $700 million jackpot is the fifth-largest ever—here's how much you'd take home after taxes
▼ + stars: | 2022-10-26 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

Here's a look at the top 10 prizes of all time:Now worth $700 million, the fifth-largest Powerball lottery jackpot in history has yet to be claimed ahead of the next draw on Wednesday. Whatever option you chose, you'll be obligated to pay taxes on your lottery winnings. And most states tax lottery winnings as income. Of those that do, the state tax rate is typically between 3% and 8%. In New York state — which has the highest state tax of 8.82% — you'd take home either $187,559,240 for the lump sum payout or $379,260,000 for the annuity, per Powerball's calculations.

☆ Mega Millions jackpot is nearly $500 million—here's how much you'd need to quit your job and retire early
▼ + stars: | 2022-10-14 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Winning enough money to never have to work again might be reason enough to shell out a few dollars for lottery tickets — and the Powerball and Mega Millions jackpots are currently worth nearly $1 billion combined. But horror stories of lottery winners who mismanaged their jackpots and ended up losing it all abound. You might rightly wonder: How large of a jackpot would actually be enough to support you for the rest of your life? Pagliarini is a certified financial planner who specializes in advising lottery winners on how to manage their sudden wealth. How big of a jackpot do you need to quit your job and retire early?

☆ Powerball's jackpot is now $420 million and Mega Millions' top prize is $494 million. Here's how to handle a huge windfall
▼ + stars: | 2022-10-12 | by ( Sarah O'Brien | Nicole Webb | Senior Vice President Financial Advisor At Wealth Enhancement Group | ) www.cnbc.com time to read: +3 min

Powerball's jackpot is an advertised $420 million for Wednesday night's drawing. Mega Millions' top prize is even more: $494 million for the next pull, set for Friday night. Of course, the chance of a single ticket matching all six numbers drawn in either game is tiny: 1 in 292 million for Powerball and 1 in 302 million for Mega Millions. Nevertheless, it's worth giving thought to what you'd do if you were to beat the odds and land such a windfall. The process of figuring out how to handle a huge amount of money can take several months, Stanzak said.

☆ Mega Millions jackpot is $410 million. Here are 3 key things to do if you win
▼ + stars: | 2022-10-07 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +1 min

There's a chance that a Mega Millions player is going to wake up Saturday morning with a $410 million windfall in their lap. That's the advertised jackpot amount for the lottery game's next drawing, set for Friday night. It's the third time this year the top prize has crossed the $400 million mark, but the amount remains far below the $1.34 billion jackpot won in July. Powerball's jackpot isn't far behind for its Saturday night drawing: $378 million. While stress from winning a life-changing amount of money may be tricky to avoid, there are three key things you can do right out of the gate to protect your winnings.

☆ Американец во время уборки дома нашёл счастливый лотерейный билет
▼ + stars: | 2021-07-09 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Житель американского города Джэксонвилл, штат Флорида, устроил уборку в доме и нашел потерянный лотерейный билет с выигрышем на миллион долларов (75 миллионов рублей). В одном из выдвижных ящиков он заметил лотерейный билет Powerball, который купил еще весной и совсем забыл об этом. «Я проверил числа и обнаружил, что выиграл миллион долларов — до сих пор в шоке», — признался Морган. Он правильно угадал числа, которые были на всех пяти белых шарах, выпавших во время розыгрыша, который состоялся 17 апреля. Деньги получит не только победитель, но и винный магазин, в котором был куплен счастливый билет: ему полагается вознаграждение величиной тысяча долларов (75 тысяч рублей) от организаторов лотереи.

Persons: Kenneth Morgan, Кеннет Морган, Морган Organizations: UPI Locations: Джэксонвилл, Флорида, Торольд, Онтарио

☆ В ЮАР в лотерее выпали числа 5, 6, 7, 8, 9 и 10 — и 20 человек сорвали джекпот
▼ + stars: | 2020-12-31 | by ( Super User | ) mybusiness.md time to read: +2 min

Победителями стали 20 человек, которые одновременно угадали необычную выигрышную комбинацию из шести чисел. По правилам лотереи участники должны выбрать пять основных чисел от 1 до 50, а также одно дополнительное число — PowerBall — от 1 до 20. Как следует из видео трансляции розыгрыша 1 декабря, сперва в лотерее выпали числа 8, 5, 9, 7, 6, а затем PowerBall — 10. В тот же день оператор крупнейшей лотереи в ЮАР — холдинг Ithuba — поздравил в твиттере «20 новых мультимиллионеров» с победой в розыгрыше. В комиссии подчеркнули, что при розыгрыше лотереи 1 декабря использовали генератор случайных чисел, который выбирает числа без какой-либо закономерности, а за розыгрышем наблюдали специалисты ведомства.

Persons: —, meduza.io Organizations: PowerBall, BBC Locations: —, ЮАР, Гаутенг, Йоханнесбург

☆ В Африке разгорелся скандал из-за лотереи
▼ + stars: | 2020-12-04 | by ( Mld Media Srl | ) noi.md time to read: +1 min

Необычная комбинация, разыгрываемая в национальной лотерее Южно-Африканской Республики, вызвала много споров и обвинения в мошенничестве, передает Tengrinews.kz со ссылкой на Deutsche Welle. Сообщается, что 20 счастливчиков выиграли по 369 тысяч долларов (около 156 миллионов тенге), еще 79 человек получили около 407 долларов (172 тысячи тенге). Крайне скептически настроенные пользователи Twitter Южной Африки обвинили лотерею в нечестной игре, не приведя дополнительных доказательств. После чего представитель национальной лотерейной комиссии Южной Африки (NLC) отстаивал случайность выигрышной комбинации перед комментаторами. Организаторы напомнили игрокам в лотерею, что вероятность выбора выигрышной комбинации для игры составляет около 1 к 42 миллионам.

Organizations: Deutsche Welle, Twitter Locations: ЮжноАфриканской Республика, Южная Африка

Search resuls for: "Powerball"

19 mentions found