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☆ Mega Millions jackpot soars to an estimated $944 million for Christmas Eve drawing
▼ + stars: | 2024-12-21 | by ( Dalia Faheid | Artemis Moshtaghian | ) edition.cnn.com time to read: +2 min

CNN —This Christmas Eve, one lucky lottery ticket could celebrate with a Mega Millions jackpot nearing $1 billion – the largest prize ever offered in the month of December. With no one winning the jackpot Friday, the grand prize for Tuesday’s drawing ballooned from $862 million to $944 million, according to the lottery. Those tickets were sold in Arkansas, Illinois, Indiana and Pennsylvania, according to the Mega Millions website. But the jackpot has only been won once on Christmas Eve, according to Mega Millions. Overall, the chances of winning a Mega Millions jackpot are approximately 1 in 302.5 million.

Persons: jackpots, ” Joshua Johnston, “ There’s, ”, there’s Organizations: CNN, New Jersey Mega, Mega Millions, Millions, Mega Millions Consortium Locations: Tuesday’s, Arkansas , Illinois, Indiana, Pennsylvania, New Jersey, Illinois, Houston, Sugar Land

☆ A year-end countdown as Mega Millions Jackpot grows to nearly $1 billion
▼ + stars: | 2024-12-20 | by ( Artemis Moshtaghian | ) edition.cnn.com time to read: +3 min

CNN —While shoppers rush to find the perfect holiday gift, the real treasure might just be hidden in one lucky lottery ticket. That’s because tonight’s Mega Millions drawing could yield a jackpot nearing $1 billion – the largest prize ever offered in the month of December. The Mega Millions jackpot surged to $862 million on Friday, Joshua Johnston, the lead director of the Mega Millions Consortium, told CNN, jumping up $37 million from a jackpot initially projected to be $825 million. SeptemberA Houston-area resident claimed September’s $800 million Mega Millions jackpot prize a month after purchasing the winning ticket at a gas station convenience store in Sugar Land. No one has ever won a jackpot on Christmas Day, according to the Mega Millions organization.

Persons: Joshua Johnston, ” Johnston, “ There’s, ”, there’s, jackpots, June, snagging Organizations: CNN, Mega Millions Consortium, Living Trust, Texas Lottery, Illinois Lottery, Illinois State, Jersey Mega, New Jersey Lottery Locations: Houston, Sugar Land, Illinois, Jersey, Monmouth County

☆ Mega Millions is raising ticket prices from $2 to $5, but promises bigger payouts—here's what to know
▼ + stars: | 2024-10-09 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

You'll have to spend more to win big, as Mega Millions plans to raise its ticket price as part of a revamp that promises bigger prizes, the lottery announced Monday. There will be bigger prizes won more frequently, along with slightly improved odds of winning, according to the consortium that runs the lottery. Perhaps the most significant change affecting the most players is the automatic prize multiplier, which currently costs an additional $1 on top of a $2 ticket. Starting in April, this multiplier will be built into the ticket price, automatically boosting non-jackpot winnings. For example, if you match the numbers on three white balls and the Mega Ball, you currently win a $200 prize.

Persons: they'll Organizations: CNBC, U.S . Locations: Washington, U.S, U.S . Virgin

☆ Mega Millions lottery is more than doubling the price of a ticket to $5
▼ + stars: | 2024-10-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The cost of a Mega Millions ticket is more than doubling, but the multi-state lottery game is promising that the bigger price comes with better odds. It’s the second time the price of a ticket has increased in Mega Millions’ 22-year history: In 2017, the price jumped from $1 to $2 — the same cost of a Powerball ticket. That’s also when Mega Millions adopted its current format of choosing six total numbers from two different pools – and when all the numbers match, including the gold Mega Ball, the player wins the jackpot. Mega Millions said that the increased ticket price will cause larger-starting jackpots, as well as faster-growing jackpots. Mega Millions is available to play in 45 states plus Washington, DC, and the US Virgin Islands.

Persons: It’s, That’s, ”, Joshua Johnston Organizations: New, New York CNN, Mega, Mega Millions Consortium, Virgin Islands Locations: New York, Florida, Washington, Virgin

☆ Hunting for a Private College Scholarship Can Be a Total Waste of Time
▼ + stars: | 2024-09-23 | by ( James S. Murphy | ) www.businessinsider.com time to read: +14 min

So she and Maggie had focused their hopes on getting a private scholarship. She considered paying $700 for an online class, heavily promoted on Facebook, that promised to show parents how to find college scholarships. Every year, hundreds of thousands of students like Maggie devote countless hours to the hunt for private scholarships to pay for college. AdvertisementWith the combination of institutional aid and private scholarship she received, Maggie managed to cut her original college bill from $15,000 to $8,000. The illness is treatable, but it's likely to cost the family $5,000 out of pocket — effectively wiping out the financial value of the private scholarship Maggie received.

Persons: Maggie Beam, Siobhan, Maggie, Siobhan —, —, Mark Kantrowitz, Kantrowitz, it's, Fastweb, Jeff Levy, you'd, Ed McMahon, Peter Thiel, Ron Lieber, Dawn Brady, Chris Reeves, Aisosa, Levy, Charlain Bailey, she'd, Maggie's Organizations: Winthrop University, Rotary, Facebook, Thiel Foundation, Silicon, Niche, Community Foundation, Lehigh University ., Education's, Winthrop, Schug Foundation, Equitable Foundation, Equitable Locations: Charlotte , North Carolina, Winthrop, Carolina, California, San Diego, Aisosa Ede, Osifo, Dallas, North Carolina

☆ Las Vegas Heat Breaks Records and Stuns Even the Forecasters
▼ + stars: | 2024-07-11 | by ( Alan Blinder | Isabelle Taft | ) www.nytimes.com time to read: 1 min

For their anniversary road trip through the West, an escape from the humid misery of a Louisiana summer, Tyson and Adeline Maddox rented a glimmering convertible. “Reminds me of the engine room,” Mr. Maddox grumbled of the weather as he left the “Welcome to Fabulous Las Vegas” sign on Wednesday evening, when temperatures were still well into triple digits. “The heat, it’s just constantly coming,” Ms. Maddox added later. “It’s like being in front of an exhaust pipe.”So it has been around the Las Vegas area this week. Merely walking through a parking lot meant squinting — not at the sunlight blanketing the region, but at a heat so punishing that eyes hurt without ever actually watering.

Persons: Tyson, Adeline Maddox, Mr, Maddox grumbled, it’s, ” Ms, Maddox, “ Organizations: Vegas Locations: Louisiana, Vegas

☆ Oregon Powerball player wins a $1.3 billion jackpot, ending more than 3 months without a grand prize
▼ + stars: | 2024-04-07 | by ( ) www.cnbc.com time to read: +2 min

A Powerball player in Oregon won a jackpot worth more than $1.3 billion on Sunday, ending a winless streak that had stretched more than three months. The single ticket matched all six numbers drawn to win the jackpot worth $1.326 billion, Powerball said in a statement. The winning numbers drawn early Sunday morning were: 22, 27, 44, 52, 69 and the red Powerball 9. The $1.326 billion prize ranks eighth in U.S. lottery history. "This is done to ensure that every ticket sold for the Powerball drawing has been accounted for and has an equal chance to win.

Organizations: Oregon, New, Florida Lottery, Washington , D.C, U.S . Locations: Trona , California, United States, Washington ,, Puerto Rico, U.S, U.S . Virgin Islands

☆ Powerball jackpot surges to an estimated $1.23 billion after no big winner Wednesday
▼ + stars: | 2024-04-03 | by ( Dalia Faheid | ) edition.cnn.com time to read: +2 min

CNN —The Powerball jackpot has skyrocketed to an estimated $1.23 billion after yet another lottery drawing yielded no grand prize winner Wednesday night. This has been one of the game’s longest streaks without a jackpot winner, according to Powerball. Since then, 40 consecutive drawings have taken place without a jackpot winner, according to Powerball. If there’s no jackpot winner on Saturday, it would tie for the most consecutive drawings without a jackpot winner. Only two other Powerball jackpot runs have previously reached 41 drawings before there was a jackpot winner, according to the lottery.

Persons: Wednesday’s, It’s, – Organizations: CNN, of Columbia, Virgin Islands Locations: New Jersey, California , Georgia , Massachusetts, Maryland , New Jersey, South Carolina, Washington, Michigan, California, of Columbia , Puerto Rico, Virgin, Tallahassee , Florida

☆ The Powerball jackpot is creeping toward $1 billion again
▼ + stars: | 2024-03-30 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

It's been three months since the last person won the Powerball lottery jackpot. The jackpot is now $935 million, ranking it among the top 5 largest ever. If no one wins, the jackpot will exceed $1 billion. AdvertisementThe Powerball jackpot has spent three months incubating. A lucky winner snatched the jackpot on New Year's Day when it was $842.4 million.

Persons: It's, —, Drew Svitko, hasn't Organizations: Service, Powerball

☆ Those Billion-Dollar Lottery ‘Jackpots’ Aren’t Even Half That Big
▼ + stars: | 2024-03-29 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

The advertised jackpots aren’t nearly as big as they look. And Powerball says its current jackpot is $935 million. These lottery grand prizes are a fortune, no doubt about that. But truth be told, those mouthwatering advertised jackpot numbers aimed at tempting people to buy tickets are misleading. Thanks to the magic of rising interest rates, the advertised numbers have swelled, while the real value of the current lottery prizes isn’t even half that much.

Locations: United States, New Jersey

☆ Lottery fever strikes as combined Powerball and Mega Millions jackpots hit $1.9 billion
▼ + stars: | 2024-03-25 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

The Mega Millions and Powerball jackpots have hit a combined $1.9 billion. This is Powerball's sixth largest prize draw in history. AdvertisementThe Powerball and Mega Millions Powerball jackpots are now at a combined value of almost $2 billion after no tickets matched all six numbers in the most drawings. Powerball's prize has now hit $800 million, its sixth-largest prize draw ever, while the Mega Millions jackpot is up to $1.1 billion. "Lottery fever continues to spread throughout the country," Gretchen Corbin, Georgia Lottery president, said in a Mega Millions statement.

Persons: —, Powerball's, Gretchen Corbin Organizations: Service, Georgia Lottery Locations: Georgia

☆ Mega Millions jackpot climbs to an estimated $1.1 billion after no grand prize winner Friday
▼ + stars: | 2024-03-23 | by ( Sara Smart | ) edition.cnn.com time to read: +1 min

CNN —With no winner of the Mega Millions jackpot Friday, the grand prize for Tuesday’s drawing grew past the billion-dollar mark, according to the lottery. While there was no big winner Friday, five tickets matched five of the numbers to win the game’s $1 million prize, Mega Millions said. In August 2023, $1.602 billion was won by a ticket that was purchased in Neptune Beach, Florida, according to the Mega Millions Jackpot history. There has not been a Mega Millions jackpot winner since December 2023, when a prize of $394 million was snagged by two players in California. Mega Millions drawings are held Tuesdays and Fridays at 11 p.m.

Organizations: CNN, Mega, Virginia Locations: Neptune Beach , Florida, California

Mega Millions and Powerball have racked up some massive jackpots after weeks of rolloevers. And Saturday night's Powerball jackpot is $600 million. There was one big winner in Friday nights' Mega Millions drawing. Saturday night's Powerball jackpot is estimated to be $600 million after no one matched all six numbers on Wednesday, officials said. Mega Millions tickets are $2 and are sold in 45 states, Washington, D.C., and the U.S. Virgin Islands.

Persons: Patrick's Organizations: Mega, Michigan, D.C, U.S ., U.S . Virgin Islands, of Columbia Locations: FORT LAUDERDALE, Fla, South Carolina , Michigan , Illinois, Maine, Florida, New York, California, Washington, U.S, U.S . Virgin, of Columbia , Puerto Rico, U.S . Virgin Islands

☆ Facebook is turning 20. Now Mark Zuckerberg is figuring out what comes next for Meta.
▼ + stars: | 2024-01-28 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMark Zuckerberg has been steering the ship since he cofounded Facebook almost 20 years ago. Unlike some of the other founding fathers of major tech firms, the Meta CEO has not yet handed over the reins to someone else. This story is available exclusively to Business Insider subscribers. Meta didn't respond to a request for comment from Business Insider.

Persons: —, Mark Zuckerberg, Jeff Bezos, Larry Page, Zuckerberg, Josh Edelson, Linette Lopez, Andrew Bosworth, it's, It's, Bill Gates, Warren Buffett Organizations: Service, Facebook, Business, Meta, Getty, Bloomberg, Reality Labs, Microsoft, Berkshire Hathaway Locations: AFP, Berkshire

☆ I hand out millions in lottery money — and am banned from playing. Here's why I'm not jealous of the winners.
▼ + stars: | 2024-01-14 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

AdvertisementThis as-told-to essay is based on a conversation with Andy Carter, who advises major lottery winners for Camelot, the operator of the UK's National Lottery. AdvertisementIt wouldn't be a good look if someone working for the lottery won the lottery. For example, I've dealt with over 2,000 lottery winners, and I've never dealt with anyone I know personally. Mark and Helen Francis celebrate their $1.26 million lottery win in 2022. It's a myth that lottery wins always make people miserable, thoughThe biggest misconception people have about lottery winners is that everyone goes out and blows their money.

Persons: Andy Carter's, he's, —, Andy Carter, I've, haven't, haha —, Dylan Nolte, Anthony Highet, that's, Helen Francis, Huw John, Camelot, who've, they've, you've, Stuart C, Wilson, You've Organizations: Service, Camelot, National Lottery, British, Lamborghini Locations: Liverpool

☆ Confessions of a startup founder's wife
▼ + stars: | 2023-11-15 | by ( Melia Russell | ) www.businessinsider.com time to read: +20 min

I wished I had told Kyle that I would understand if he wanted to quit. That's as apt a description of Kyle's startup as it is of our relationship. I'm not sure Kyle has found as many perks to being a startup founder married to a startup reporter. Now Kyle's startup has pivoted a third time. The truth is, I don't know if Kyle's startup will make it.

Persons: Kyle, Kyle shrugged, pang, I'd, hadn't, Scott Belsky, It's, messier, I've, he'd, Jillian, Chris Dixon, Andreessen Horowitz, Jeff Bezos, MacKenzie Scott, Schulze, TikTok, Josh Cochran, Marc Andreessen, I'm, He'd, Eric Paley, Steve Jobs, —, Playbyte, he's, Rohan Seth, Paul Davison, Steve Huffman, hasn't, Instagram, it's, Zelda, That's, cradling, Melia Russell Organizations: Apple Watch, Steam, Francisco's Mission, University of California, TechCrunch, White House, YouTube, Labor Locations: Champagne, Francisco's, Berkeley, San Francisco, New York, America, Playbyte, Kyle, Boston, Bay, sobs

☆ $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: $1.55 billion prize is up for grabs in Monday night's drawing
▼ + stars: | 2023-10-09 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +1 min

CNN —The Powerball jackpot swelled to an estimated $1.55 billion for Monday night’s drawing after weeks with no grand prize winner. The new mammoth prize up for grabs Monday ranks as the third largest Powerball jackpot and fourth largest among US lottery jackpots, according to Powerball’s website. There have been no Powerball jackpot winners since July 19, when a single ticket sold in California nabbed a grand prize worth $1.08 billion. But the odds of winning the jackpot are much slimmer, at 1 in 292.2 million, Powerball says. The largest Powerball Jackpot ever won was a $2.04 billion prize from November 2022, followed by a $1.586 billion jackpot won in January 2016.

Organizations: CNN Locations: California, California , Kansas , Louisiana , Massachusetts, Michigan , Ohio , Texas, Wisconsin, Iowa, Maine

☆ 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

DES MOINES, Iowa (AP) — The numbers were drawn Saturday night for an estimated $960 million Powerball jackpot and players across the country are waiting to see if there’s a big winner. The $960 million jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. The jackpot has grown so large because there have been 29 consecutive drawings without a big winner, dating back to July 19. The largest jackpot was a $2.04 billion Powerball prize hit by a player in California in November 2022. In most states, a Powerball ticket costs $2 and players can select their own numbers or leave the task to a computer.

Organizations: DES, Lottery, D.C, U.S . Locations: DES MOINES, Iowa, California, Washington, Puerto Rico, U.S, U.S . Virgin Islands

☆ The biggest lottery win in every state
▼ + stars: | 2023-08-25 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

The biggest lottery jackpot ever won, a huge prize of $2.04 billion, was in California in 2022. A New Jersey man won $533 million in 2018 while playing the Mega Millions for the second time ever. In November 2022, another California resident won the biggest US lottery prize of all time — his lucky ticket earned him a whopping $2.04 billion. Jackpocket recently compiled a list of the biggest prizes won on a single lottery ticket in each state, with prizes ranging from the low millions to billion-dollar jackpots. Here's the biggest lottery win in every state.

Persons: —, he's, Jackpocket Organizations: Service Locations: California, New Jersey, North Carolina, Alabama, Alaska, Hawaii

☆ Mega Millions jackpot lottery climbs to $1.55 billion and could end up being the largest in its history
▼ + stars: | 2023-08-05 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

The Mega Millions jackpot may be the game's largest prize ever at an estimated $1.55 billion. The burgeoning jackpot is estimated to top $1.55 billion, according to a Mega Millions press release. The Mega Millions company brags that it is the only lottery game to have awarded four jackpots surpassing $1 billion. "With enthusiastic players across the country, many of whom are newcomers to the game, it is indeed likely that there will be a record Mega Millions jackpot," the press release said. The Mega Millions hype comes weeks after someone snagged a luxurious $1.08 billion Powerball jackpot.

Organizations: Service Locations: Atlanta , Georgia, Wall, Silicon, South Carolina, Atlanta

☆ Mega Millions jackpot climbs to $1.35 billion–here are the 10 biggest lottery prizes of all time
▼ + stars: | 2023-08-04 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

It's been the summer of billion-dollar jackpots, first with Powerball in July and now Mega Millions, which has risen to an estimated $1.35 billion ahead of Friday's draw at 11 p.m. If a ticket holder matches all five white balls and the gold Mega Ball, they'll win the fourth-largest U.S. lottery jackpot of all time. Here's a look at the all-time highest jackpots, as well as the state where winning tickets were purchased, according to Powerball and Mega Millions data:$2.04 billion Powerball jackpot — Nov. 7, 2022 (California) $1.586 billion Powerball jackpot — Jan. 13, 2016 (California, Florida, Tennessee) $1.537 billion Mega Millions jackpot — Oct. 23, 2018 (South Carolina) $1.35 billion Mega Millions jackpot — Aug. 4, 2023 (no winner yet) $1.348 billion Mega Millions jackpot — Jan. 13, 2023 (Maine) $1.337 billion Mega Millions jackpot — July 29, 2022 (Illinois) $1.08 billion Powerball jackpot — July 19, 2023 (California) $1.05 billion Mega Millions jackpot — Jan. 22, 2021 (Michigan) $768.4 million Powerball jackpot — March 27, 2019 (Wisconsin) $758.7 million Powerball jackpot — Aug. 23, 2017 (Massachusetts)Billion-dollar jackpots are rare: There have only been eight since both lotteries were established in the 1990s. To watch the draw live, check out the Mega Millions YouTube channel. Winners are announced on Mega Millions' website on Wednesday and Saturday mornings after winning tickets have been verified.

Persons: It's, they'll, Jan, ticketholders, Warren Buffett Organizations: Powerball, U.S, Mega Locations: California, Florida , Tennessee, South Carolina, Maine, Illinois, Michigan, Wisconsin, Massachusetts

☆ More than $1 billion up for grabs in US Mega Millions lottery drawing
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

An electronic message board displays Powerball and Mega Millions lottery jackpots in New York City, New York, U.S., July 17, 2023. REUTERS/Mike Segar/File PhotoAug 1 (Reuters) - An estimated $1.1 billion jackpot is up for grabs in the multistate Mega Millions drawing on Tuesday night, one of the richest jackpots in the lottery's history. The drawing, set for 11 p.m. EDT, is the 30th since the last Mega Millions winner hit the jackpot in April. The odds of winning are minuscule: A buyer of a single Mega Millions lottery ticket has about a 1-in-300 million chance of containing all the correct numbers. Mega Millions tickets are available in 45 U.S. states along with Washington D.C. and the U.S. Virgin Islands.

Persons: Mike Segar, Rich McKay, Gerry Doyle Organizations: Mega, REUTERS, South Carolina, Washington D.C, U.S ., Thomson Locations: New York City , New York, U.S, South, California, U.S . Virgin Islands, Alabama, Alaska, Hawaii , Nevada, Utah, Atlanta

☆ 8 jobs that pay more than you think, including the Trader Joe's role that pays over $100,000 a year
▼ + stars: | 2023-07-26 | by ( Jenny Powers | ) www.businessinsider.com time to read: +8 min

The average salary in the US is $60,575, but you can make $125,000 managing a car wash at Buc-ee's. As of 2022, about 14,200 individuals were employed in this field and the mean annual salary was $70,290 , or an average of $33.79 an hour. According to recent information from Salary.com , bingo managers can earn between $51,965 and $112,599 a year, with a mean salary of $70,241. In 2022, the US Bureau of Labor Statistics listed the mean annual salary for truck drivers as $53,090, or $25.52 an hour. The mean annual salary is $81,530 , or $39.20 an hour, and 38,380 individuals were employed in this role in 2022, according to data from the US Bureau of Labor Statistics.

Persons: Joe's Topping, Joe's, there's Organizations: Service, Social Security Administration, US Bureau of Labor Statistics, Bureau of Labor Statistics, Walmart, Technologists Locations: Wall, Silicon, United States

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