lottery
Three Money Managers Win $254 Million Powerball Jackpot
1:15PM 11/29/2011
A trio of wealth managers from Greenwich, one of the most affluent towns in America, claimed a Powerball jackpot worth more than a quarter of a billion dollars Monday off a $1 ticket.
Maybe winning Powerball isn't the financial lifeboat it's cracked up to be. A whopping 96% of shoppers would continue to use coupons even if they won the lottery, according to a survey released Monday by the deal publisher Redplum.com.
The High Price of America's Gambling Addiction
6:30AM 7/22/2011
The severity of America's gambling addiction isn't too far behind the nation's drug problem, and it's growing. In 2007, Americans lost more than $92 billion gambling, almost 10 times more than what U.S. moviegoers spent on tickets -- and about nine times what they lost 15 years earlier.
The 10 States That Pay Out the Biggest Lottery Jackpots
11:00AM 5/03/2011
Lotteries are big businesses in most states, and they can provide windfalls for both the winning ticket-holders and state coffers. But which states give the most back to ticket-holders and through government services?
Six Tips on How to Avoid Squandering a Financial Windfall
9:00AM 3/21/2011
What would you do if you received a sudden financial windfall, like winning the lottery, getting a big inheritance or coming into an unexpected pile of cash?
Unfortunately, many windfall recipients squander their money, going on reckless spending sprees or mismanaging their finances.
Jennifer E*....
Spain to Sell Stake in National Lottery as Debt Crisis Looms
11:15AM 12/01/2010
With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it's taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in its national lottery business, Bloomberg reported.
Five Ways to Retire a Multi-Millionaire
11:00AM 12/01/2010
Retirement these days doesn't sound like much fun. Too much scrimping and saving and trying to figure out how to turn a lousy Social Security payment into a government gold mine.
Why not aim higher? What would it take to retire and live like Bill Gates or one of those oil-rich sheiks? Research...
Poor people spend 9% of income on lottery tickets; here's why
11:00AM 5/31/2010
The Consumerist recently had an interesting post about a study that shows that poor households, with annual take-home incomes under $13,000, on average, spend $645 a year on lottery tickets, which comes to about 9% of their yearly income.
While the study is about two years old, I doubt things have...
Top 10 ways to spend big bucks in one to two hours
5:00PM 5/25/2010
Surprise: You've just inherited a fortune. Now it's your job to spend that dough as fast as possible. Well, to help you prepare for the life of a tycoon we thought it would be a good exercise to see how you could most efficiently blow a large chunk of money every hour or two. Here are ten...
Want to win the lottery? You're better off with blackjack
5:30PM 4/12/2010
In these hard times, gambling and lottery revenues are up, with people putting their faith and a little bit of money toward these get-rich-quick schemes. While WalletPop in no way endorses gambling or playing the lottery, we were curious to find out what are the odds when putting some cash toward...
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