Unless you were hiding under a rock this winter, you surely heard about the Powerball lottery. The jackpot winnings for the January 13, 2016 Powerball lottery were a record 1.6 billion dollars. According to the Powerball lottery organization, three winning tickets were purchased this year, which still amounts to $533 million for each winning ticket. […]
Read MoreWhen someone wins the lotto or a lawsuit, it seems like they’ll never need to work again. However the key to being rich is not just having lots of money but knowing how to use it wisely. The tales of lotto winners using up their winnings in a matter of years are backed by research. […]
Read MoreBucks, clams, dough — I’m not talking about food; I’m talking about money! No matter what you call it, currency has changed the way we live. Currency gives us a standard unit with which we may denote value on goods and services — without money, pre-currency trades were often one-sided; money resolves this by ensuring […]
Read MoreWinning lottery payments can be a life-changing experience for anyone, but for an African migrant struggling to get by in a foreign country it must be more like a godsend. Every year the Spanish lottery holds their annual Christmas lottery, or El Gordo, drawing. This year the winners included 35 African migrants, according to ABCnews.com. […]
Read MoreA structured settlement is a legal agreement where an amount of money is paid out as a monthly or yearly payment, rather than receiving the amount in a lump sum. Very often a structured settlement has certain tax advantages for the recipient. It also is a savings for the payer because they do not have […]
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