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Top related persons:
Akshay Khanna - 3 Justin Sullivan - 2 J - 2 Bret Toyne - 2 Toyne - 2 — - 1 There's - 1 Khanna - 1
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Search resuls for: "Akshay Khanna"


4 mentions found


☆ $1.73 billion Powerball jackpot is the second-largest ever. Why prizes are getting bigger more often
  + stars: | 2023-10-11 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +1 min
Justin Sullivan | GettyThe Powerball jackpot surged to an estimated $1.73 billion, the second-largest prize in the game's history, without a winning ticket on Monday. While it's the first time Powerball has seen back-to-back billion-dollar grand prize cycles, lottery jackpots have gotten bigger more frequently over the past several years, experts say. Without a jackpot winner, the estimated grand prize keeps rolling over until a player chooses all six numbers. Higher interest rates have boosted jackpotsAnother reason for bigger lottery jackpots over the past couple of years has been rising interest rates, said Akshay Khanna, CEO of Jackpot.com, which sells state lottery tickets. "The higher the interest rates, the more you're earning on that pool of capital."
Persons: Justin Sullivan, J, Bret Toyne, Toyne, Akshay Khanna Organizations: Powerball, State Lottery Association
☆ Powerball jackpot hits $1.55 billion. Why the cash prize dropped $29.7 million last week
  + stars: | 2023-10-09 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +1 min
The winner has two payout options: a lump sum worth $679.8 million or an annuity valued at $1.55 billion. Last week, the lump sum actually dropped by $29.7 million between Wednesday and Friday even as the headline prize held steady at an estimated $1.4 billion, according to Powerball. Powerball's estimated lump sum considers projected ticket sales and an "annuity factor," or the cost to fund the grand prize, Toyne said. Typically, the higher interest rates climb, the bigger jackpot players can expect because "rising interest rates are a tailwind for a lottery annuity," he said. But last week, the estimated lump sum dropped from Wednesday to Friday because the weekly annuity factor changed and the amount necessary to fund the jackpot went down, Toyne said.
Persons: Justin Sullivan, J, Bret Toyne, Toyne, Akshay Khanna Organizations: State Lottery Association
☆ There's a reason why these Powerball jackpots keep getting so massive. You're paying for it.
  + stars: | 2023-10-04 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +4 min
The Powerball jackpot has surpassed the billion dollar mark for the second time this year. AdvertisementAdvertisementThe Powerball jackpot has surpassed the billion mark for the second time this year with a near-record $1.2 billion prize up for grabs in Wednesday night's drawing. It comes amid a recent wave of historic and increasingly large lottery prizes that have captured the nation's attention and spare change. In November 2022, a California winner scored the biggest lottery prize in history with a $2.04 billion Powerball ticket. Even though the odds of winning the Powerball jackpot are 1 in 292 million, Americans continue to throw their money at the game.
Persons: —, There's, Akshay Khanna, Khanna, there's Organizations: Service, Powerball, North American Association of State, Provincial Locations: California
☆ ‘Polite Society’ Review: Pride and Plenty of Fists
  + stars: | 2023-04-27 | by ( Amy Nicholson | ) www.nytimes.com   time to read: +2 min
“Polite Society,” a rollicking genre mash-up, is set in an enclave of well-to-do Muslim Londoners who play along with the comedy’s title until they get cranky. Then come the punches and neck chops, the bruises and broken glass, the ludicrous wire-fu that allows a matron in a brocade lehenga to fly through the air. Stubborn and snotty, Ria is so hellbent on breaking up the betrothal that she’s willing to spy and lie, claw and kick. She gets as good as she gives, ending more than one scene in a bloody, heaving heap. At the same time, the audience can appreciate what Ria is too childish to see: Lena’s joy that the neighborhood screw-up has landed its most eligible bachelor.
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