U.S. opportunists are selling Powerball tickets to China. That’s right, competition for tonight’s billion-dollar winner just got a lot stiffer.
How are the Chinese getting in on the action?
By Money Morning Staff Reports, Money Morning -
U.S. opportunists are selling Powerball tickets to China. That’s right, competition for tonight’s billion-dollar winner just got a lot stiffer.
How are the Chinese getting in on the action?
Here are the "entrepreneurs" selling our lottery tickets overseas...
By Money Morning Staff Reports, Money Morning -
U.S. opportunists are selling Powerball tickets to China. That’s right, competition for tonight’s billion-dollar winner just got a lot stiffer.
How are the Chinese getting in on the action?
Here are the "entrepreneurs" selling our lottery tickets overseas...
By Guest Editorial, Money Morning -
The search was still on in Florida Tuesday for the winner of the largest Powerball jackpot in history.
The winning ticket is worth $590.5 million. The winner could claim a lump sum of about $371 million and after the lottery withholds 25% to pay federal taxes, would be left with nearly $280 million after taxes.
That means the winner will be able to decide how to invest $280 million - likely more money than they've ever had before - if, of course, it's not spent in a frivolous splurge.
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