All articles tagged with #millionaire
The article explores how ChatGPT suggests turning $10 into $1 million through various strategies, including long-term investments like stock market contributions, starting a low-cost online business, moderate-risk activities such as skill monetization, and high-risk gambles like cryptocurrency or lottery tickets, emphasizing that while some methods are realistic over time, others are highly speculative.
Millionaire Mike Black conducted a social experiment called the Million Dollar Comeback, where he made himself homeless to prove that anyone can make $1 million in 12 months. Despite facing setbacks including family illness and his own health issues, he managed to make $65,000 before ending the project early to focus on his well-being, emphasizing the importance of health and gratitude.
A winning Powerball ticket worth a million dollars was sold at a QuikTrip in Phoenix, Arizona, and the winner has about 6 months to claim their prize. Arizona Lottery officials also announced that a group of 19 people recently claimed a million dollar prize from a ticket sold at a Circle K in the state, with each person receiving about $52,600 before taxes.
Michael Brosnan of Stafford, Virginia, won $1 million in the New Year’s Millionaire Raffle and described the experience as "amazing." He bought a ticket for $20 and was one of five $1 million winners, with odds of one in 125,000. Brosnan celebrated by buying a new Jeep for his family and investing most of the money with the goal of securing his daughter's college education and achieving an early retirement. He continues to play the lottery, including Powerball, acknowledging that taking a chance is necessary to win.
Many Americans believe that at least $1 million in savings is necessary for a comfortable retirement, but most households fall far short of that amount. A new analysis by GOBankingRates identified 16 states where it's estimated that retirees will need at least $1 million to fund 25 years of retirement, based on annual expenses and cost of living. However, financial advisors caution that the $1 million benchmark is not universally applicable and can cause unnecessary anxiety, as individual retirement needs vary widely. Additionally, the 25-year retirement timeframe may not apply to everyone, as life expectancy and retirement age differ among individuals.
Investing in Vanguard ETFs such as VTI, VOO, VOOG, VB, and VBR over the long term could potentially help you become a millionaire, with average annual returns ranging from 8.3% to 15.13%. These ETFs offer exposure to a diverse range of U.S. stocks, including total market, S&P 500, growth, small-cap, and small-cap value stocks, with low annual expense ratios. While past performance is not indicative of future results, consistent investing and time could lead to a $1 million portfolio.
A lucky shopper at an Austin H-E-B grocery store won a $34 million lottery jackpot after purchasing a ticket that matched all six numbers in the Texas Lottery. The winner chose the cash option for their prize. This win follows two other million-dollar-plus lottery prizes claimed in Austin within the last month, with winners taking home $3 million and $2 million from different lottery games.
The Powerball jackpot has soared to $810 million as no winners emerged from the final 2023 drawing. The next chance to win is on Monday night, with a lump-sum option of approximately $408.9 million available. While the jackpot remains unclaimed, several tickets won $1 million and $2 million prizes. The last jackpot win was on October 11, with a $1.76 billion prize still unclaimed. If the prize is not claimed within a year, the funds will be directed to California public schools. The odds of winning the jackpot are 1 in 292.2 million.
An Indiana man, Terry Kahn, who lived a frugal life and had no immediate family, left behind a $13 million fortune in his will to be donated to charity. However, he did not specify any particular organizations, leaving his attorney, Dwayne Isaacs, to cold-call local nonprofits and offer them millions. Some organizations initially thought it was a scam and missed out on the unorthodox bequest. Despite the challenges, several nonprofits received substantial donations, including a free store for educators and an organization supporting domestic violence survivors. Kahn's attorney believes his client would be pleased with the outcome.
"48 Hours" investigates the mysterious disappearance of Andreen McDonald, a millionaire business owner known for her strict workout routine, who failed to show up for work one morning in March 2019. The article explores the circumstances surrounding her disappearance and the ongoing investigation.
A man in Indonesia became a millionaire after a 4.5 billion-year-old meteor crashed through his roof. The meteor, weighing 2.1kg and classified as an extremely rare CM1/2 carbonaceous Chondrite, was sold for £1.4 million. The man plans to use the money to build a church in his community and hopes that the meteor is a sign that he will have a daughter. Three other fragments of the meteor were also found nearby.
A Powerball ticket purchased in Zebulon, North Carolina, has won $2 million after matching all five white balls. The lucky winner has 180 days to claim the prize at the NC Education Lottery headquarters in Raleigh. The jackpot for the next Powerball drawing has reached $1.04 billion, with odds of winning the jackpot at 1 in 292 million.
The Shiba Inu community is optimistic about the future price of SHIB following the launch of Shibarium, a layer-2 scaling solution. Many investors hope to become millionaires by holding Shiba Inu, as it has made previous investors millionaires. The Crypto Basic estimates that an $850 investment in Shiba Inu could potentially reach $1 million if the digital asset increases approximately 1,176 times. Projections suggest that Shiba Inu could reach $0.009 by canceling three more leading zeros, with some predicting it could trade as high as $0.054 in the future. Factors such as blockchain growth, investor interest, partnerships, and real-world utility are expected to contribute to Shiba Inu's potential rise in value.
A Mega Millions ticket sold at Kwik Trip in Bloomer, Wisconsin, has made someone a millionaire, as they matched all the winning numbers except the jackpot. Only seven people in the U.S. won $1 million in Tuesday's draw, while the jackpot has now reached $1.25 billion, making it one of the largest in U.S. lottery history. The odds of winning a Mega Millions jackpot are about 1 in 302.6 million. The next drawing is scheduled for Friday.
A Marylander became a millionaire as the Mega Millions jackpot soared to $910 million, with no ticket matching all six numbers drawn in Tuesday night's drawing. The next drawing on Friday will offer the fifth largest jackpot in Mega Millions history, while two tickets from Texas and Maryland won the game's second-tier prize. The current Mega Millions record stands at $1.537 billion, won in South Carolina in 2018.