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CNN —An Illinois woman is $1 million richer after winning on a lottery ticket she forgot about. During a grocery trip to the Jewel-Osco supermarket in Elmhurst in October, she made the last-minute decision to pick up a lottery ticket for the Lucky Day Lotto, a daily draw game in Illinois. Her ticketing purchase was not only unplanned, but also eventually forgotten about, she said in an Illinois Lottery press release, requesting to remain anonymous. “I actually put the ticket in my purse and forgot all about it.”On October 20, the game announcers revealed the five winning numbers: 2-3-24-25-28. The lucky winner is the ninth Illinois Lottery player this year to win $1 million or more with Lucky Day Lotto.
Persons: , Organizations: CNN, Lucky, Illinois Lottery, Lotto, Lottery USA Locations: An Illinois, Elmhurst, Illinois, Ireland
Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term. "Certain sectors that have buoyed prices, such as the renewed interest in memecoins, may experience major price movements as individual states report election results." In the lead-up to Election Day, memecoins and AI-related crypto tokens outperformed the overall crypto market. The sector of the crypto market is used as a measure of retail investors' risk appetite. The crypto market seemed to be positioning for a Trump victory Wednesday as investors monitored the results of the U.S. presidential election.
Persons: Memecoins, Donald Trump, Dogecoin, Shiba Inu, Chris Chung, Ryan Rasmussen, I'm, Trump, Chung, Elon, Nic Puckrin Organizations: Elon, Metrics, Titan, Solana, Bitwise Asset Management, CNBC, lotto, Trump, U.S, Securities, Exchange, of Government, Department of Government Locations: memecoins, bitcoin
GameStop stock is still the fascination of day traders, even after many saw big losses in 2021. The allure of striking it rich on the meme stock is too great to ignore, traders told BI. Business Insider spoke with retail traders, who asked to use only their first name for privacy, about how past losses are impacting their decision to go long GameStop again. Still, he couldn't help himself from scooping up more GameStop shares when the stock rocketed higher this year. Advertisement"I dabbled a little bit with this current uptrend, certainly nowhere near the levels I was putting in before.
Persons: they're, , Keith Gill —, Dan, couldn't, Brian, I've Organizations: GameStop, Service, Business, lotto Locations: Reddit, Gill's, California
AdvertisementA 68-year-old retiree from Milwaukie, Oregon, was unknowingly sitting on millions of dollars for almost a month before finally checking his lottery ticket and realizing he had the winning numbers. David Schultze had bought an Oregon's Game Megabucks ticket at a Safeway in Gladstone for a drawing that occurred on January 24, Oregon lottery officials said. However, he didn't get around to checking the ticket until Friday, when he realized he won the jackpot and spent the rest of the weekend in shock. The Safeway store he bought the ticket from also got an $84,000 bonus. AdvertisementSchultze told officials he doesn't buy lottery tickets often, but when the jackpot is "getting up there," he plays just in case.
Persons: David Schultze, didn't, Schultze Organizations: Safeway, lotto Locations: Milwaukie , Oregon, Gladstone, Oregon
But everyday filers could still face an audit — and certain issues are more prone to IRS scrutiny, experts say. Audit rates of individual income tax returns decreased for all income levels from tax years 2010 to 2019, largely due to lower IRS funding, according to a report from the Government Accountability Office. Here are some of the biggest IRS audit red flags. Unreasonable tax breaksAnother red flag could be excessive deductions compared to what's considered normal for your income level, according to Losi. Earned income tax creditThe earned income tax credit, a tax break for low- to moderate-income workers, has historically been scrutinized "because the refundable part attracts certain bad actors," said Steber.
Persons: Ryan Losi, Mark Steber, Jackson Hewitt, Steber, what's, Losi, Erin Collins Organizations: Getty, IRS, Office, NEC, lotto, Center, filers Locations: Syracuse, U.S
Richer, who works as a driver for a catering company, said he feels "the same" after his big win. AdvertisementA man in Montréal who snagged a $36.5 million lottery jackpot in October said he went straight back to work the next Monday. AdvertisementHe went straight back to work at 4:30 a.m. on October 9, the Monday after he'd won, according to Loto-Québec. "I just can't leave them alone in the dark because, without me there, the shipping department is just not feasible," Richer told CTV News. Richer told CTV News that he plans to buy a new house and car, and might buy his family a vacation.
Persons: Pierre Richer, Richer, , Loto, Québec, He'd, Lotto Max, he'd Organizations: Service, Lotto Max, Global, Lotto, CTV News Locations: Montréal, Champlain
WASHINGTON (AP) — New House Speaker Mike Johnson inherits many of the same problems that bedeviled Republican leaders with far more experience. But can he unite House Republicans where others failed? Trump, who is running for a second White House term, enthusiastically backed Johnson and said he will be “a fantastic speaker." The House Republican Conference is deeply divided on those issues. The intractability of many House Republicans forced McCarthy to turn to Democrats for help in keeping the government running.
Persons: Mike Johnson, Kevin McCarthy, Jim Jordan, Johnson, , ” Johnson, McCarthy, John Boehner, Christian, Donald Trump, Democrat Joe Biden, Johnson's, Trump, Biden, Matt Gaetz, Gaetz, Alejandro Mayorkas, Chip Roy, Roy, Veronica Escobar, George Santos, Santos, Jordan, , Don Bacon, Rep, Thomas Massie, stabby Organizations: WASHINGTON, Republican, House, Louisiana Republican, GOP, Caucus, Republicans, Committee, Democrat, Trump, lotto, Ukraine, Democratic, White, Fox, Homeland, Republican Conference, Texas Republican, Texas Democrat, New York Republicans, Nebraska Republican, Jordan, Kentucky Republican Locations: Louisiana, Ohio, California, Israel, Ukraine, Mexico, Texas, Kentucky
‘8 Mile’ actor Nashawn Breedlove dead at 46
  + stars: | 2023-09-27 | by ( Jack Guy | ) edition.cnn.com   time to read: +1 min
CNN —Rapper Nashawn Breedlove, best known for appearing in a rap battle against Eminem in the 2002 movie “8 Mile,” has died at age 46. His mother, Patricia Breedlove, confirmed his death in a post on Facebook published Tuesday. “It is with a heavy heart that I share the news of my beloved son Nashawn Breedlove’s passing. Many of you knew him by his alias’ Lotto, ox’, a name that echoed his resilience and determination,” she wrote. “Nashawn was a rapper, singer, songwriter, and actor.
Persons: Nashawn Breedlove, Eminem, , Patricia Breedlove, Nashawn Breedlove’s, , “ Nashawn, Breedlove, , Eminem …, Mickey Factz Organizations: CNN, Facebook, Eminem … Lotto
Kuss close to overall Vuelta victory as Evenepoel wins stage 18
  + stars: | 2023-09-14 | by ( ) www.reuters.com   time to read: +3 min
Sept 14 (Reuters) - Belgium's Remco Evenepoel claimed his third victory in this year's Vuelta a Espana with a solo attack on a mountainous stage 18 and Jumbo-Visma's Sepp Kuss moved a step closer to winning his first Grand Tour on Thursday. Evenepoel's hopes of fighting the Jumbo-Visma riders for the overall title evaporated on stage 13 when he was dropped on the Col d'Aubisque and lost 27 minutes. "It was a super good opportunity to take the points for my jersey -- I took all the points -- and my third stage win is amazing to end the Vuelta with." Provided he avoids any mishaps on Friday and Saturday, Kuss will be a popular champion in Madrid. Vingegaard, who has been helped often by Kuss, warned that there is still a tough stage on Saturday and that the team needed to keep fighting.
Persons: Remco Evenepoel, Sepp Kuss, Evenepoel, La Cruz de, Pola de Allande, Kuss, Jonas Vingegaard, Primoz Roglic, rojo, Vingegaard, It's, Evenepoel's, d'Aubisque, Italy's Damiano Caruso, Denmark's Andreas Kron, Roglic, Juan Ayuso, Sepp, Dane, Martyn Herman, Toby Davis Organizations: La, La Cruz de Linares, Pola de, de France, Giro, Eurosport, UAE Team Emirates, Enric, Thomson Locations: Puerto, Pola, Madrid, Bahrain, American
Marie Bailey moved from California to Texas with her husband and daughter in 2017. When we went on our first date together, we said: "One day we're going to leave California." We didn't want to pay that rent forever, so we were looking at how much houses cost in El Segundo. Bailey and her family were able to build their dream home in Texas for about the same price they sold their California house, she said. I was thinking maybe if I won a billion dollars, I'll get a beautiful beach house in California and go back.
Persons: Marie Bailey, Bailey, Trump, I'm, Trumper, It's, Prosper, she's, We've, it's Organizations: Service, Trump, Facebook, lotto Locations: California, Texas, Wall, Silicon, El Segundo , California, Prosper , Texas, Fullerton, Orange County, Seal Beach , California, El Segundo, Los Angeles, Florida, Arizona, But Texas, Frisco, Rockwall, Fort Worth, Celina, Prosper, Dallas, Seal Beach, New York, Chicago, Havana
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. “Find an attorney who has experience dealing with people with this level of wealth, because it is different,” says Herzig. Next up, you’ll need an accountant and a financial adviser to protect your wealth from “creditors and predators,” as Herzig puts 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.
Persons: you’ll, , ” Belinda Herzig, , Gary, who’s, Herzig, you’re Organizations: New York CNN, Mellon Wealth Management, CNN, lotto Locations: New
Twitter announced Thursday it would start sharing ad revenue with some creators. Elon Musk has started sharing Twitter's ad revenue with a handful of accounts, hoping to incentivize the best creators to put their content on his platform. Twitter announced Thursday that creators would now be eligible to some of the company's ad revenue, "to help people earn a living directly" on the platform. But on the rare occasion Donaldson reveals how much ad revenue he makes, it is surprisingly little. Ad revenue traditionally aids smaller accounts who don't have their own brand deals — YouTube monetization is open to anyone with 1,000 subscribers.
Persons: Twitter, Elon Musk, Taylor Lorenz, Andrew Tate, Ian Miles Cheong, Rogan O'Handley, Tate, Wokeness, He's, It's, Linette Lopez, Paul, — Jimmy Donaldson, MrBeast —, Donaldson, Honey Organizations: Morning, Twitter, Washington Post, YouTube, CSGO Lotto Locations: Romania, TikTok, YouTube, Twitter's
The refreshing part of being one on one, Brooks said, is that it takes the preciousness away from performance. At the same time, “I feel like there’s so much fear in public,” they said. These kinds of art projects could be interventions, happenings that open up ways to just be a little bit more courageous in public — and caring. “We actually have to work our capacity to be with the needs of others,” Bakst said. I feel like this frame can be an invitation to work that muscle.”
Persons: Brooks, , , Julia Gladstone —, It’s, Bakst, Lauren Berlant’s, Gladstone, ” Bakst Locations: York
CNN —LeBron James continues paving the way for his post-basketball media career, this time by producing a superstar origin story adapted from his book, “Shooting Stars,” about how his hoops heroism came with an assist from a close-knit group of friends. Directed by Chris Robinson, the story is adapted from the book by James and “Friday Night Lights” author Buzz Bissinger, and previously served as the basis for the documentary “More Than a Game.”Sian Cotton, Romeo Travis, Dru Joyce III, Willie McGee, Coach Dru Joyce II and LeBron James, the real-life inspiration for "Shooting Stars." Where “Shooting Stars” merely glances the rim, ultimately, is the basketball sequences themselves, which rely too much on slow motion and don’t conjure much excitement. Heading directly to streaming via Peacock, “Shooting Stars” provides an earnest reminder that James didn’t spring from the ground a fully formed basketball phenom, but was rather shaped in part by the coaches, teammates, friends and mother that helped guide him. “Shooting Stars” premieres June 2 on Peacock.
Persons: LeBron James, , LeBron, Dru Joyce II, ” Wood Harris, Vincent –, Dermot Mulroney, I’m, Chris Robinson, James, Buzz Bissinger, ” Sian Cotton, Romeo Travis, Dru Joyce III, Willie McGee, Mookie Cook, Lil Dru, Caleb McLaughlin, Sian, Khalil Everage, Willie, Avery S, Wills, Jr, James ’, Savannah, Katlyn Nichol, pompously, , ” Dru, There’s, James didn’t Organizations: CNN, NCAA, White Catholic, University of Oregon, lotto, James ’ Lakers, NBA Locations: Akron , Ohio
A Maine resident purchased the winning ticket ahead of Friday $1.35 billion Mega Millions jackpot drawing — the second-largest in the game's history, lottery officials said. The lotto winner matched all six numbers in the game, which hasn't crowned a jackpot winner since Oct. 14. Some state lottery officials do not identify winners out of concern for their privacy and security. With no winner earlier this week, Friday’s top prize grew to surpass the $1.35 billion jackpot won in July 2022. Friday's winner can choose between accepting 30 annuity payments worth the $1.35 billion, or a one-time cash payment of $724.6 million.
The odds of winning the Mega Millions jackpot, which is now $940 million, is 1 in more than 300 million. While very few will experience that kind of windfall in their lifetime, the lottery isn't the only chance to come into sudden wealth. Whether it's an inheritance, sale of a property, bonus or even a tax refund, there are other ways to receive an unexpected sum in a lifetime. As a result, many people don't "have a firm understanding of how money can work for you." "Throw in any unexpected large sum of money, whether it be from a lotto winning, inheritance or significant bonus at work, and we'll typically see a few individuals end up worse than where they started," he added.
The recent attack on two North Carolina substations that cut power to thousands of people has raised concerns about security standards for the country’s electric grid and its numerous power stations, which have faced greater threats in recent years. Nearly 600 electric emergency incidents and disturbances were caused by suspected and confirmed physical attacks and vandalism on the electric grid in those nine years, the reports show. The incidents, which are self-reported by power companies to the federal government, provide little to no detail about what occurred. Paths forward for a new standardThose who want a new security standard said there remain significant bureaucratic headwinds against such a proposal. The North American Electric Reliability Corporation, a nonprofit originally created by the electricity industry, said it created security requirements based on risk, rather than a one-size-fits-all approach.
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.
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.
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.
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.
New York CNN Business —The Powerball lottery jackpot is expected to hit $1.9 billion for Monday’s drawing, making it the largest lotto prize ever. But in 1987 when Lotto America, the precursor to Powerball, was introduced, organizers prohibited jackpots of more than $80 million. ”This is a whole new ballgame” Lotto America spokesman Jack Ratigan said at the time. These changes have pushed Powerball jackpots way up. Lotteries are regressive, meaning lower-income groups spend more of their budgets on lottery games than higher-income groups.
U.S. Powerball jackpot climbs to record-breaking $1.9 billion
  + stars: | 2022-11-06 | by ( ) www.reuters.com   time to read: +1 min
Nov 6 (Reuters) - An already record-breaking U.S. Powerball jackpot grew to a whopping $1.9 billion one after no one secured a winning ticket in Saturday night's drawing, according to lottery officials. The estimated $1.6 billion that was up for grabs on Saturday had been the largest lotto prize ever offered, Powerball said. To win the big prize, a player must guess all six lucky numbers, including the final "Powerball." The winning numbers drawn on Nov. 5 were 28,45,53,56,69 and the Powerball 20. No one has won the jackpot since Aug. 3, when a lucky ticket holder from Pennsylvania took home over $200 million, according to Powerball.
[1/2] A digital billboard advertising Powerball’s Jackpot of $1.6 billion is displayed in New York City, U.S., November 4, 2022. REUTERS/David 'Dee' Delgado/File PhotoNov 5 (Reuters) - The U.S. Powerball jackpot that will be drawn on Saturday night is the largest lotto prize ever offered at an estimated $1.6 billion, breaking the previous world record the game set in 2016, according to lottery officials. Players have a 1 in 292.2 million chance of winning the jackpot, and a 1 in 24.9 chance of winning a smaller prize, according to lottery officials. It will be the 40th Powerball drawing since the Aug. 3 win. The longest run in the history of the lottery ended on Oct. 4, 2021, when a California ticket holder won a $699.8 million jackpot after 41 drawings.
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.
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