On October 1, 2022, something strange happened in the Philippines: 433 people won the jackpot in the local lottery. For this particular lotto, six numbers ranging in value from 1 to 55 were randomly selected, and the 433 winners all matched. Even more bizarre, when arranged in ascending order, the winning numbers were: 9, 18, 27, 36, 45 and 54. In other words, the winning numbers were multiples of 9 (9 1, 9 2, 9 3, etcetera).
A related misstep is choosing between the lump sum and annuity on instinct instead of analysis, even though that decision locks in tax timing, investment options, and how long the money is likely to last. Financial writers note that many winners default to the lump sum without modeling scenarios with professionals and understanding that, after taxes, the headline $1.7 billion quickly shrinks.
The Hardrock 100 is a 102.5-mile race through Colorado's San Juan Mountains, starting and finishing in the village of Silverton. The course is notorious for both its beauty and challenge. The route packs in 33,000 feet of elevation gain, taking place at an average altitude of around 11,000 feet. It alternates direction each year and will run clockwise in 2026.
Not even half of the spots in the 48-team field have been claimed. The schedule of matches won't be finalized until December. And other than host nations U.S., Canada and Mexico, nobody has any idea where or when they'll be playing. Millions of soccer fans worldwide evidently don't seem to mind any of those points. Tickets to next year's FIFA World Cup officially go on sale Wednesday.
Luis Briseno won $10 million from a winning Royal Riches scratcher bought at Fruitvale Bottles & Liquor at 3715 International Blvd. in Oakland, the lottery said Friday. That's the largest recent jackpot in the state since June, when an unnamed winner scored a $10 million win from a scratcher bought in Barley Bin Liquor in Whittier, and Steven Muhlestein won a $10 million Super Bonus in May from a scratcher sold at Vintage Wine Shoppe & Liquor in Concord.
From small fortunes to record-breaking payouts, lottery winners have hit it big across the country. Just days ago, an anonymous Virginia resident claimed the state's largest-ever lottery jackpot, a whopping $348 million. And on Monday, after no one hit the Powerball jackpot, the prize grew to a massive $1.3 billion. Still, if there's a winner at the next drawing on Wednesday, they won't walk away with the largest lottery payout of all time.
Some people actually choose the lottery annuity payment rather than taking a lower lump-sum payment. Some lottery winners give most of their winnings away or buy too many new things for themselves, friends, and family. Could you imagine winning $50 million or $100 million and then being broke? Many lists have been directed at newly rich lottery winners, but surprisingly, there are few warnings for lottery winners.
"I have received many messages from people who had managed to make plans for holidays, buying an apartment, or renovating before they realized that the amount was wrong," Sagstuen said. "To them I can only say: Sorry! But I understand that it is a small consolation."
