The U.S. Mega Millions lottery is holding a drawing Friday night for a jackpot that’s swelled to $1 billion after the 24 drawings held since the end of July failed to yield a winner. This princely sum is drawing such attention that more people are buying tickets, and even the lottery’s own projections are changing rapidly. On Oct. 17, the payout was an estimated $900 million. Two days later, just before the drawing, it hit $1 billion. That makes it the second-largest lottery grand prize the world has ever seen – and the biggest for Mega Millions. The largest ever, at $1.6 billion, was in 2016 in the rival Powerball game.MORE ON MEGA MILLIONS: What you need to know about tonight's $1B drawingThe odds of winning are very small, or about 1 in 303 million. You are about 400 times more likely to be hit by lightning. If every adult in the U.S. purchased just one ticket, each with a different number, there would still be a good chance – about 7 percent – … [Read more...] about How winning $1 billion in Mega Millions could lead to bankruptcy
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A PAY deal will hand a million NHS staff a welcome boost to their pay packets after the wages cap was lifted for the first time in eight years. Here's what we know about the new pay scales and the rise in the minimum wage. What is the NHS pay deal 2018? Government ministers signed off the NHS pay offer on March 21. In June, the deal was agreed by 14 healthcare unions whose members voted overwhelmingly to accept the offer. Over the next three years, NHS staff will see significant increase in their pay packets which will cost the Treasury around £4.2billion. The lowest paid NHS staff are set to receive the biggest rises. Every NHS worker in England will now be paid at least £8.93 an hour - 18p above the real living wage of £8.75 - which works out at £17,460 for a full-time employee. And £18,005 will become the lowest full-time salary in the health service by 2021. This means hospital caterers, porters, administrators and other staff on the … [Read more...] about NHS pay deal 2018 – how much is the pay rise and what are the new pay scales?
NORFOLKCity officials have big hopes for the coming decade, including building new defenses against Norfolk’s ever-worsening flooding and redeveloping a 200-acre swath east of downtown that contains aging public housing communities.But mounting debt that will eat up larger chunks of municipal budgets for the next several years could delay those and other high-profile projects. That’s likely to have the city tightening its belt until it can pay down some of the bills it’s racked up over the past 10 years.Norfolk essentially paid its way through the recession on its credit card, city officials say, and continued taking on debt to construct major projects while it delayed paying off what it owed.Now, the city’s total unpaid debt has topped $1.1 billion, with another $300 million authorized but still to be issued.“We took on a lot of debt over the last 10 years, and the bill is coming due,” Mayor Kenny Alexander said at a recent City Council … [Read more...] about Norfolk has $1.1 billion in debt. That’s likely to delay major projects.
By Paul Rogers | [email protected] | Bay Area News Group PUBLISHED: May 21, 2018 at 7:00 am | UPDATED: May 21, 2018 at 7:04 am The last time California voters passed a statewide ballot measure to provide funding for parks, beaches, wildlife and forests, it was 2006. Arnold Schwarzenegger was in his first term as governor, Twitter was a fledgling app, and the iPhone hadn’t been invented yet. Since then, California’s population has grown from 36 million to 39.5 million — the equivalent of adding a new San Francisco, San Jose and San Diego. So environmentalists say it’s time for voters to pass Proposition 68, a $4.1 billion bond measure to spruce up run-down parks, upgrade water projects and protect scenic open space from sprawl development. A broad coalition that includes Gov. Jerry Brown, the California Chamber of Commerce, the American Heart Association and virtually every major environmental group in the state is backing the … [Read more...] about Proposition 68: Will voters approve $4.1 billion for parks and water projects?
Kate Taylor, provided by Published 11:20 am, Friday, May 18, 2018 Associated Press/Evan Vucci President Donald Trump personally pushed the US postmaster general to double how much Amazon and other companies pay to ship packages through the service, The Washington Post reported Friday. Trump has for months been waging a public war on Amazon's deal with the Postal Service, arguing that the struggling agency is subsidizing Amazon. As the largest e-commerce company in the US, Amazon would most likely have to pay billions of dollars if the Postal Service increased its costs to ship packages. President Donald Trump has personally pressured the United States Postal Service to raise the rate it charges Amazon to deliver packages, according to a Friday report from The Washington Post. Latest business videos Now Playing: Now Playing Adorable Baby Girl Makes an 'Important Business Call' Storyful FBI Probing Another Controversial Payment Involving Michael … [Read more...] about Trump reportedly tried to personally demand that the Postal Service double how much it charges Amazon (AMZN)