By Washington Post | PUBLISHED: March 5, 2019 at 6:03 am | UPDATED: March 5, 2019 at 6:23 am By Eli Rosenberg, (c) 2019, The Washington Post Someone has finally stepped forward to claim a $1.5 billion Mega Millions jackpot, less than two months before the victory was set to expire. The South Carolina Lottery announced Monday that the winner, who elected to remain anonymous, will be given a one-time payment of $878 million dollars – the largest jackpot payout ever to a single winner, the lottery organization said. The winner is represented by lawyer Jason Kurland, who did not immediately respond to a request for comment. “The winner marvels at how every decision made that day brought the winner to the store, at that very moment, to make the Quick Pick Mega Millions lottery ticket purchase,” the lottery organization said in a news release. The organization said the winner’s good luck was a result of an “simple act of kindness.” “The winner … [Read more...] about Mega Millions biggest winner finally steps forward as deadline nears
Powerball or mega millions
Andy Kiersz, provided by Published 2:09 pm PDT, Tuesday, October 23, 2018 AP Photo/G-Jun Yam The Mega Millions jackpot is now $1.6 billion after Friday's drawing with no winners. Though that's a pretty big prize, working through the math of how lotteries work suggests that buying a ticket is not a great investment. The low probability of winning and the risk of splitting the prize in a big, highly covered game mean you'd probably lose money. READ MORE: Here are the winning numbers from the $1 billion Mega Millions jackpot drawn October 19. The Mega Millions jackpot is up to $1.6 billion after Friday's drawing had no winners. The Powerball jackpot was also up to a respectable, albeit much lower, $620 million after its Saturday evening drawing. That's the biggest Mega Millions prize ever, according to the lottery's website. However, taking a closer look at the underlying math of the lottery shows that it's probably a bad idea to buy a ticket. Consider the … [Read more...] about The Mega Millions jackpot is $1.6 billion. We did the math to see if you should buy a ticket.
Alan Miller was selling gasoline, coffee and dreams at the BP on Rice Street on Monday. Still, the proprietor of the gas station and Milmarket convenience store on St. Paul’s North End knows that not even the prospects of winning a record Mega Millions jackpot — estimated at $1.6 billion for Tuesday night’s drawing — can so easily separate his customers from their Minnesota sensibilities. “There’s Raz!” Miller said as he saw one customer head inside. “He could buy a new ice fishing house! Well, he’s already got one. But he could get a really fancy one.” Raz shook his head. “You can’t buy what I have,” said the 60-year-old retiree of his icehouse. What does he have? “Heaven,” he said of his handmade, plywood creation. Instead, Raz — who said he only goes by Raz — believes he’d focus on helping loved ones if he wins big with the single $2 Mega Millions ticket he purchased on … [Read more...] about Mega Millions $1.6 billion jackpot: Selling gasoline and dreams at the BP on Rice Street
Business Insider, provided by Published 8:22 am CDT, Wednesday, October 17, 2018 Americans love to play the lottery. People living on the East Coast tend to spend more on lottery tickets, on average. Americans love to play the lottery. People living on the East Coast tend to spend more on lottery tickets, on average. Photo: Business Insider/Andy Kiersz, Data From US Census Bureau Photo: Business Insider/Andy Kiersz, Data From US Census Bureau Image 1 of / 1 Caption Close Image 1 of 1 Americans love to play the lottery. People living on the East Coast tend to spend more on lottery tickets, on average. Americans love to play the lottery. People living on the East Coast tend to spend more on lottery tickets, on average. Photo: Business Insider/Andy Kiersz, … [Read more...] about Powerball and Mega Millions have a combined jackpot over $1 billion — here are the first 2 things the winners should do
Between the country's two biggest lottery games, nearly $500 million in jackpot money is on the table this week. The Mega Millions jackpot has grown to $303 million and Powerball's top prize is now $193 million, following weekend drawings that yielded no tickets hitting all winning numbers. If you manage to nab the jackpot in either of this week's drawings — Tuesday night for Mega Millions and Wednesday night for Powerball — the first thing to do is take a deep breath and resist the urge to announce your exciting news to the world, experts say. Instead, consider what's ahead. When you come into a life-changing amount of money, there's more involved than suddenly having a big bank account and deciding what you want to buy. This is what you do if you win the lottery from CNBC. "With great wealth comes great responsibility," said certified financial planner Jim Shagawat, president of Windfall Wealth Advisors in Paramus, New Jersey. Here are some … [Read more...] about Nearly $500 Million Up for Grabs in Mega Millions and Powerball. Here Are Three Big Decisions for Jackpot Winners