Monday, July 31, 2023

The Daily Money: So you want to be a billionaire?

The jackpot has been on the rise since the spring, when a $20 million prize was won in Syracuse, New York on April 18.

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Mon Jul 31 2023

 

Swapna Venugopal Ramaswamy  National Housing and Economy Correspondent

@SwapnaVenugopal

Happy Monday, The Daily Money readers!

So who wants to be a billionaire?

If that's you, you're in luck.

With no Mega Millions jackpot winners since April, the lottery's grand prize continues to grow, now over  $1 billion and inching closer to more all-time records.

Ahead of the next drawing on Tuesday, the Mega Millions jackpot sits at an estimated $1.05 billion with a $527.9 million cash option, tied for the fourth-largest prize in the lottery's history.

Convenience store lottery displays

A Powerball and Mega Millions lottery advertisement is displayed at a convenience store on July 12 in New York City.

Michael M. Santiago, Getty Images

The jackpot has been on the rise since the spring, when a $20 million prize was won in Syracuse, New York  on April 18. Five other Mega Millions jackpots have been won this year, including a $1.348 billion haul in January, which was the second largest prize in the lottery game's history.

📰 More stories you should not miss:📰 

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

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The rental price increases in Cape Coral is attributable to scarcity of housing inventory in the aftermath of Hurricane Ian.

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Ford, Chrysler among 1 million-plus recalled vehicles. Check recalls here.

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Trader Joe's recalls broccoli cheddar soup, falafel for bugs, rocks

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Subways asks fans to change name to 'Subway' in latest contest

The sandwich chain will pay $750 to cover the cost of legally changing the winner's name, as well as $50,000 in Subway gift cards.

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Florida takes 5 out of 10 spots on list of popular cities to move to

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Seventeen states have relief on back-to-school supplies. Here's where.

Inflation may be easing, but back-to-school supplies are still pricey. These seventeen states are offering shoppers some relief with tax holidays.

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