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Lottery

The Powerball Paradox

Blake Kernen | Posted 05.21.2013 | Teen
Blake Kernen

Then there's this. Would you really want to win the lottery (yes), but what about that long list of winners who end up losing everything -- their happiness, family, even their lives -- because of their lucky lottery ticket?

Crapping Out in New York: 2.0

Dave Colavito | Posted 05.23.2013 | New York
Dave Colavito

A disproportionately large savings can be realized by assisting those gamblers regain control of their lives, rather than creating more of them. I thought that's what government was supposed to do?

Who Won The Largest Powerball Jackpot In History?

AP | BY BRENDAN FARRINGTON | Posted 05.20.2013 | Business

TALLAHASSEE, Fla. — So you have a lottery ticket worth $590.5 million. Now what? If you won Saturday's historic Powerball jackpot and you haven...

Jackpot Soars Again

Posted 05.17.2013 | Business

The Powerball lottery jackpot grew to $600 million Friday ahead of the game's May 18 drawing, making the prize one of the largest lottery jackpots eve...

A Statistician's View: What Are Your Chances of Winning the Powerball Lottery?

Ronald L. Wasserstein | Posted 05.16.2013 | Science
Ronald L. Wasserstein

Your chance of winning the lottery on a single ticket is one in 175 million. That seems tiny, and it is. In fact, it's so small that it is difficult for us to grasp. Understanding how small this number is provides the key to understanding how likely -- or unlikely -- it is you will become the next big winner of the Powerball jackpot.

Virginia Man Wins Lottery For FOURTH Time

Posted 05.16.2013 | DC

WASHINGTON -- Just call Melvyn Wilson "Mr. Lucky." The retired postal worker and Woodbridge, Va., native just won the lottery for the fourth time. ...

$360 MILLION

AP | BARBARA RODRIGUEZ | Posted 05.16.2013 | Business

DES MOINES, Iowa — The winning numbers have been drawn for the $360 million Powerball jackpot. The winning numbers drawn Wednesday night: 2, 11...

Only One Brother Found Guilty In Stolen Lottery Ticket Case

AP | JOHN KEKIS | Posted 05.01.2013 | Business

SYRACUSE, N.Y. -- One of two brothers accused of conning a man out of a winning $5 million scratch-off ticket was found guilty Wednesday of possessing...

$5 Million Lottery Theft Trial Begins

AP | JOHN KEKIS | Posted 04.22.2013 | Business

SYRACUSE, N.Y. — Two brothers accused of stealing a winning $5 million scratch-off lottery ticket became agitated and angry when questioned abou...

Life Lessons About Money and Happiness

Don McNay | Posted 04.21.2013 | Business
Don McNay

When you think about it, almost all of us have our own "lotto moment." We make decisions about money that will either give us long-term security and happiness or bring on pain and regret.

Homeless Who Won Lottery To Help Friends, Stay In Tent

The Huffington Post | Eleanor Goldberg | Posted 04.06.2013 | Impact

After winning a $50,000 jackpot, Dennis Mahurin could’ve moved out of the tent he’s been living in for more than 20 years and paid for a major lif...

Woman Wins Lottery On Her Birthday

The Huffington Post | Posted 04.04.2013 | Business

No need to blow out the candles, something tells us Jessica Wilson's birthday wish already came true. Wilson, a 27-year-old woman living in Bushne...

Powerball Winner Pays Off Big Debt

AP | DAVID PORTER | Posted 04.01.2013 | Business

PATERSON, N.J. — A former bodega owner who will be pocketing $152 million in lottery winnings has coughed up $30,000 in back child support with ...

Dominican Immigrant Wins Lottery And Twitter Reacts Like This

The Huffington Post | Posted 03.26.2013 | Latino Voices

Pedro Quezada, the Dominican immigrant who seems to have become the happiest person in the world after recently winning the $338 million Powerball jac...

New Jersey Liquor Store Sold The Winning Powerball Ticket

AP | DAVID PORTER | Posted 03.26.2013 | Business

PASSAIC, N.J. — The winner of a $338 million Powerball jackpot told several media outlets Monday that his first priority will be helping his fam...

$320 MILLION

AP | Posted 05.23.2013 | Business

DES MOINES, Iowa — People across the country are hoping to pick the six winning Powerball numbers drawn Saturday night – and the $320 mill...

Chris Christie Lottery Plan Slammed

The Huffington Post | John Celock | Posted 03.11.2013 | Politics

Organized labor is attacking New Jersey Gov. Chris Christie's plan to privatize the state lottery with a new ad that began airing statewide on Monday....

Wife And Husband Have Now BOTH Won Lottery

The Huffington Post | Harry Bradford | Posted 03.09.2013 | Business

For some couples, even lottery wins have to come in His and Hers. The Carmichaels of Tempe, Arizona, have won the lottery for the second time in un...

Buy A Lottery Ticket At This Maryland Gas Station? You May Be $26 Million Richer

The Baltimore Sun | Kevin Rector | Posted 04.22.2013 | DC

The single winning ticket in Tuesday night's Mega Millions drawing -- for a jackpot of $26 million -- was purchased at a gas station in Mount Airy, ac...

State May Allow Lottery Games

AP | BOB MOEN | Posted 02.12.2013 | Business

CHEYENNE, Wyo. -- Wyoming residents who dream of hitting the jackpot will no longer have to drive across state lines to buy lotto tickets under a prop...

Concerning Money: Keep Your Friends Not So Close and Enemies Even Further Away

Don McNay | Posted 04.12.2013 | Business
Don McNay

Most people have friends and companions who are within 15 percent of their own income. When that number gets out of whack, the temptation for the person who has money to use it as a source of control increases, and the temptation of the poorer person to justify being subsidized increases as well.

Dog Helps Owner Win Big In Lottery

AP | BRADY McCOMBS | Posted 04.10.2013 | Business

SALT LAKE CITY -- A group of blue collar University of Utah workers will split $1 million in lottery winnings thanks to a set of keys left in a truck ...

Family Battles Over Poisoned Lottery Winner's Money

AP | Posted 02.08.2013 | Business

CHICAGO -- A lawyer who represents the widow of a Chicago man who was poisoned with cyanide after winning the lottery says most of the businessman's $...

Lottery Winner Robbed

The Huffington Post | Ron Dicker | Posted 02.08.2013 | Crime

Of all the luck. A 62-year-old man, who uses a motorized wheelchair, won $500 in the lottery last Friday, only to have most of it stolen minutes later...

Couple Wins The Lottery - Twice!

AP | Posted 04.06.2013 | Business

LITTLE ROCK, Ark. -- An Arkansas couple who set out for a day of fishing came home with quite the fish story: Two winning lottery tickets, including a...