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Mega Millions winner selling $26M mansion due to son's health says the home has been a 'blessing'
A California Mega Millions lottery winner is selling his $26 million southern California compound and is ready to downsize. I will not be looking to buy such an extravagant home this time around, Rick Knudsen said. I am looking to purchase land and build a home and ranch half the size of what I have now. I will still be looking for a great view and to add more ranch animals maybe a few horses and buffalo. After winning the $180 million jackpot in August 2014, Rick Knudsen purchased 845 a
Nov 20, 2018, 10:22 am - Lottery News

Massachusetts has a new rule to stop repeat winners — but so far, they keep winning
He's done it again, and not just for the second, third or even 10th time. For the 1,246th time this year, Ali Jaafar has hit it big on the lottery. State records show that since Jan. 1 the Watertown, Massachusetts, man has won more than $1.8 million from lottery retailers all around Massachusetts with most of his riches coming from scratch tickets revealing $1,000 prizes. Jaafar is on track to be the winningest lotto player in Massachusetts for a third consecutive year, and nothing yet seems
Nov 12, 2018, 2:59 pm - Lottery News

Why the world's biggest lottery jackpot wasn't
Call it the world's largest lottery prize that wasn't. The Mega Millions jackpot that had been announced as the biggest ever at $1.6 billion ended up being the second-biggest at $1.537 billion. It's a difference that likely means little to the lucky person who bought the ticket in South Carolina and won Tuesday night's drawing, but it raises questions about how lottery officials make estimates and whether they were influenced by a desire to claim the jackpot amount surpassed all others. Ho
Oct 30, 2018, 10:46 am - Lottery News

You just won a huge lottery jackpot! Now what?
By Todd Northrop This week we are seeing the largest lottery jackpots in history up for grabs to anyone spending as little as $2 for a ticket. The $1.6 billion Mega Millions jackpot is certainly getting most of the attention, but the $620 million Powerball jackpot would be just as life-changing to the winner. That's a total of more than $2.2 billion between the two games. It's not just life-changing money, it's multi-generational wealth. When one or more tickets eventually hit all si
Oct 22, 2018, 8:43 pm - Lottery News

Everything you know about the fate of lottery winners is probably wrong, according to science
Friday's Mega Millions jackpot has gone up to a record-breaking $970 million. On Saturday, Powerball will have a drawing for a $430 million jackpot. A winning ticket for either lottery will be life-changing, but some of the popular theories about the fate of lottery winners aren't necessarily accurate, according to a study published in May. The study, published by the National Bureau of Economic Research, examined 3,362 Swedish lottery winners who scored at least $100,000, and surveyed them a
Oct 19, 2018, 9:46 am - Lottery News

He won $19 million in the lottery — and became a bank robber
The first time Jim Hayes robbed a bank, at age 55, he gave himself a pep talk. The former security guard a clean-cut guy with silver hair and a doughy physique stood frozen next to the entrance of Montecito Bank Trust at a strip mall in Carpinteria, a mellow beach town about 12 miles southeast of Santa Barbara. Hayes had stuffed a pillow in his shirt and pulled a Zoo York cap low over his face. It was 5:15 p.m. on April 27, 2017 and he'd spent weeks researching how to pull off the heist. Now,
Sep 30, 2018, 11:38 am - Lottery News

HGTV's 'My Lottery Dream Home' Season 5 premiere wins record ratings
By Todd Northrop The Season 5 premiere of HGTV's My Lottery Dream Home just scored the series' best Nielsen numbers ever, hauling in 3.3 million total viewers and a 0.85 rating among adults 25-54. You could say Host David Bromstad has hit the jackpot. Episode 501 of My Lottery Dream Home, which premiered on Friday, Sept. 21 from 9-9:30 p.m., was the No. 3 cable show in the time slot in the all-important demographic. The evening ended up being HGTV's highest-rated Friday night in the
Sep 26, 2018, 8:12 pm - Lottery News

Thanks to $325,000 lottery win, couple will replace home lost in Hurricane Irma
A couple who lost their home to Hurricane Irma in the U.S. Virgin Islands say they will be able to rebuild their lives after winning a $325,000 prize on a $1 North Carolina lottery ticket. After the hurricane devastated the U.S. Virgin Islands on Sept. 6, 2017, Patricia and Frank Raffa moved in with their daughter in Arden, North Carolina. The category 5 hurricane was one of the most powerful Atlantic storms in a century, CNBC reported. We lost everything, Frank Raffa told NC lottery offi
Aug 29, 2018, 7:52 am - Lottery News

The man who won the lottery 14 times (part 2)
Just after 11 PM on February 15, 1992, a lottery ball machine at the Virginia State Lottery HQ spit out 6 winning numbers on live television: 8... 11... 13... 15... 19... 20. In the coming days, officials would find out that one person had secured not only the $27,036,142 jackpot, but 6 second prizes, 132 third prizes, and 135 minor prizes collectively worth another $900k. What unfolded next was the strangest, most improbable lottery tale in history one involving thousands of international
Aug 27, 2018, 6:56 pm - Lottery News

Money really does lead to a more satisfying life
New research suggests that more money really does lead to a more satisfying life. Surveys of thousands of Swedish lottery winners have provided persuasive evidence of this truth. Lottery winners said they were substantially more satisfied with their lives than lottery losers. And those who won prizes worth hundreds of thousands of dollars reported being more satisfied than winners of mere tens of thousands. These effects are remarkably durable. They were still evident up to two decades aft
Aug 25, 2018, 8:25 am - Lottery News