Access Restricted Our European visitors are important to us. This site is currently unavailable to visitors from the European Economic Area while we work to ensure your data is protected in accordance with applicable EU laws. . Here’s what he did wrong so that you can avoid a similar fate. Source: Flickr Ever dream of becoming a multi-millionaire and reaching financial freedom in your early thirties?You’re not alone. Learn more. Medium is an open platform where 170 million readers come to find insightful and dynamic thinking
Those are the odds of winning the $970 million prize that is up for grabs in Friday's Mega Millions drawing. During months of buildup and the longest stretch in the game's history without a jackpot winner, millions in smaller prizes were won as the jackpot crept up. Now it's the third-largest prize in U
S. lottery history, if claimed at its amount now. "The mood is euphoric. This is what we live for," Maryland Lottery Director Gordon Medenica told USA TODAY on Thursday. Adding to the excitement for Medenica: A winning ticket for Wednesday's Powerball was sold in the small town of Lonaconing, Maryland, at Coney Market
The jackpot reached $731.1 million, making it the fifth-largest U. S. lottery jackpot ever. But just because there was a winning ticket Wednesday, don't get your hopes up that you are going to win on Friday, said Ronald L. Wasserstein, executive director of the American Statistical Association. "People confuse their chances of winning with the chances of someone winning
Sooner or later, someone will win that jackpot. That’s certain. What’s just about nearly as certain is that it won’t be you!" Wasserstein wrote in an email to USA TODAY. We have a winner! Powerball reports winning ticket, sold in Maryland, for $730M jackpot – the fifth largest in US lottery history But really, how low are my odds of winning Mega Millions?Understanding a 1 in 302,575,350 chance of something is tough, Wasserstein said. Stand on the corner of a football field and start laying out dollar bills until you've placed 302,575,350 of them: That'll take up about 585 football fields, he said
What if you had pennies and placed 302,575,350 in stacks as tall as the Empire State Building? It'd be more than 1,000 Empire State Building-tall penny stacks. "Humans are not naturally equipped to understand such big numbers," Wasserstein added. The odds of winning are 1 in 302,575,350 because there are 302,575,350 possible combinations of six numbers when picking five numbers between 1 and 70 and then a sixth, separate number between 1 and 25, he said. The chances of winning Powerball's jackpot are a little better: Roughly 1 in 292.2 million, but that's still a long shot, to say the least. To feel as if they are increasing their chances, some people turn to lucky numbers, anniversaries or birthdays. Others study past jackpot drawings to notice trends (22, for example, has been drawn 21 times as the Mega Ball in the 337 drawings since Mega Millions last changed its number matrix in 2017, according to lottery tracker USAMega.com. )More: Here are 12 things you better not do if you win the Mega Millions But there's no real advantage there, Wasserstein said. "Each number in the first five numbers has a 1/70 chance of being drawn
That’s about 1.4%. At any given point, some numbers will be drawn at a slightly higher rate than that, and others lower. Over time, those percentages tend to even out
So one might think the best strategy would be to pick the numbers that had been picked less often. But the math doesn’t support that approach any more than it supports picking the numbers drawn more often," he explained. "If people feel they have some lucky numbers, more power to them. It's another aspect of why playing the game is entertaining," said Medenica, who added that most people opt for random numbers when buying their tickets. The only thing someone could do to increase their chances of winning? Buy more tickets. But those are still not great odds. "If I buy two, my chances are doubled
If I buy 10, my chances are increased tenfold. So, wow, let me buy 100, then at a cost of $200 I have increased my chances by 100 times!" Wasserstein said a player might reason. "Unfortunately, that just means that I have a 1 in 3,025,753.5 chance of winning. Rounding that to 1 in 3 million is still a very tiny probability, and so you are, realistically, just going to lose $200 (though perhaps you have a small chance a recouping a small portion of that by winning a smaller prize). "What happens if I do win?Call a lawyer, and stay quiet. Seriously. One of the worst things a lottery winner can do is immediately spread the news, Andrew Stoltmann, a securities attorney in Chicago, told USA TODAY in 2016 5 Star Draw.
But it's possible taxes increase over the next 30 years, meaning you'll see less of that money, or you die before it's all paid out. Taking the lump sum means you wouldn't have to worry about tax increases, and you could earn more money over time if you smartly invest the money. But the concern is that lottery winners may not be frugal in where they put their money
Over the years, a number of winners have suffered from the "curse" of lotteries. Jack Whittaker, already a millionaire when he won $315 million in West Virginia in 2002, went broke within four years. Abraham Shakespeare, who won $30 million in Florida, was murdered soon after
Ronnie Music Jr. was convicted of investing some of his earnings in a crystal meth ring. And Urooj Khan died of what was later determined to be a cyanide poisoning a day after collecting a lump sum of $1 million. More on the lottery curse: You won't want to win jackpot after reading these horror stories For protection, some lottery offices allow winners to stay anonymous, but the rules vary by state
In New Hampshire in 2018, a woman won a battle in court to remain anonymous after winning a $559.7 million Powerball jackpot. State lottery rules required release of winners' names, but lawyers claimed her good fortune placed her in a small demographic of jackpot winners that "has historically been victimized by the unscrupulous. "It may seem like the obvious choice to remain anonymous and avoid the infamy, but Medenica said there is value in knowing the winner. "The counterargument to that is one of public transparency and integrity . . . to show that real people are winning real money," he said. So is it worth it to play the lottery?It's been about 2½ years since Medenica said he has seen this level of excitement around such a big jackpot. In late 2018, the sixth-largest U
S. jackpot and the second-largest were won within days of each other. The largest U. S. jackpot ever was a $1.586 billion Powerball prize won by three tickets on Jan. 13, 2016. "The fun is back
People are talking about it," Medenica said. Even if you don't win the jackpot, there are still plenty of smaller yet still sizable prizes to be had, he added. And perhaps the main reason people play, according to Medenica: "They're buying a permission to dream, and that's the main event. "Wasserstein, the statistician, added: "I don’t buy lottery tickets. But if I did, I’d probably buy one when the prize is huge, like it is now, because, well, go big or go home. "Follow USA TODAY's Ryan Miller on Twitter @Ryan W_Miller Contributing: Hadley Malcolm, Janna Herron and John Bacon, USA TODAY; Taylor M
Riley, The Louisville Courier-Journal; The Associated Press. The South Korean won (currency code: KRW) is the official currency of South Korea. Each won (원) is subdivided into 100 jeon (전). The symbol for the won is ₩ and the word is similar to the (Chinese) yuan and (Japanese) yen and means 'round object' probably to represent the round Spanish and Mexican silver coins of the 19th century. Between 1910 and 1945, the currency in Korea was the Korean yen, which was at par with the Japanese yen, but specifically issued for Korea
Both the South Korean and North Korean won (Korean people's won) use the same symbol. Currency converter (to South Korean wons) 970,000,000 USD is equal to 1,114,942,528,736 KRW @ 1149.43 South Korean wons to 1 US dollar. 970,000,000 EUR is equal to 1,310,810,810,811 KRW @ 1351.35 South Korean wons to 1 Euro. 970,000,000 GBP is equal to 1,515,625,000,000 KRW @ 1562.5 South Korean wons to 1 British pound. 970,000,000 CAD is equal to 881,818,181,818 KRW @ 909.09 South Korean wons to 1 Canadian dollar. 970,000,000 AUD is equal to 822,033,898,305 KRW @ 847.46 South Korean wons to 1 Australian dollar. Currency converter (from South Korean wons) 970,000,000 KRW is equal to 843,900 USD @ 1149.43 South Korean wons to 1 US dollar. 970,000,000 KRW is equal to 717,800 EUR @ 1351.35 South Korean wons to 1 Euro. 970,000,000 KRW is equal to 620,800 GBP @ 1562.5 South Korean wons to 1 British pound. 970,000,000 KRW is equal to 1,067,000 CAD @ 909.09 South Korean wons to 1 Canadian dollar. 970,000,000 KRW is equal to 1,144,600 AUD @ 847.46 South Korean wons to 1 Australian dollar. . Here we will show you how to calculate 240 billion divided by 970 million. One billion is one thousand times larger than one million. 240 billion is 240 followed by nine zeros, and 970 million is 970 followed by six zeros:240 billion= 240,000,000,000970 million= 970,000,000You may be able to type 240,000,000,000 divided by 970,000,000 into your calculator, but because of all the zeros it is easy to make a mistake, and many calculators do not allow you to enter that many digits
To make it easier, remove the last six zeros of each number. Then, 240,000,000,000 divided by 970,000,000 becomes this:240,000 divided by 970Now, when we enter 240,000 ÷ 970 into our calculator, we get the answer to 240 billion divided by 970 million as follows:≈ 247.4227Billion divided by Million Calculator Use this calculator to divide any amount of billions by millions. What is 240 billion divided by 975 million?Here is the next billion divided by million problem in our database
As scheduled, the project will officially become operational in late October this year. It is expected to earn nearly 1.3 billion USD in annual revenue and create over 2,000 jobs for labourers. Other outstanding projects include a factory manufacturing household appliances, electric bicycles by Multi-Sunny Vietnam Co. , Ltd (10 million USD), Lioncore Vietnam factory by Lioncore Vietnam Industry Co. , Ltd (30 million USD), Haiyun Vietnam project of Hai Van Co. , Ltd. (10 million USD), and a project of Jingsung Hitec Vina Co. , Ltd (over 13 million USD). The locality has planned to coordinate with DEEP C Joint Stock Company to co-host an investment promotion conference themed "Coastal economic zones - Sustainable investment opportunities in Quang Ninh" in Ho Chi Minh City. An investment promotion conference in pharmaceutical industry and other promotion activities are expected to be held in the year, as part of Quang Ninh’s efforts to attract more investment to the locality Multi-Match.
Budget collection from export-import activities surged by 29 percent against the estimates, while domestic collection fulfilled the set target with 37 trillion VND, rising 7 percent. /. VNA. Amundi is in exclusive negotiations with Lyxor's parent company to acquire the European exchange-traded funds specialist in a €825 million ($970 million) deal
The transaction would create a €142 billion ETFs manager, Amundi said in a news release Wednesday. Lyxor is owned by Societe Generale and was founded in 1998. Lyxor has €124 billion in assets under management as of December, with €77 billion in ETFs and €47 billion in active management assets under management
The deal would accelerate Amundi's development in the ETFs market and also complement its offering in active management — in particular in liquid alternative assets as well as advisory solutions, the release said. By bolstering France-based Amundi's passive money management business, the move also "will contribute to the post-Brexit positioning of the Paris financial center," Yves Perrier, CEO of Amundi, said in the release. The deal is also fully aligned with Amundi owner Credit Agricole's group strategy, which aims to reinforce the financial services firm's position in asset gathering, the release added
The deal is expected to complete by February 2022 at the latest, following various approvals. Both brands will continue to co-exist until the deal closes and nothing has yet been decided for the brands, an Amundi spokeswoman said. Amundi does not anticipate any departures of key people at Lyxor — its management team has actively participated in the process, alongside Soc Gen, and was involved in all key steps of the deal, the spokeswoman added. Amundi has a total €1.7 trillion in assets under management.
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