Wednesday, December 10, 2014
By Emma Jacobs
Wednesday, December 18, 2013
Last night’s Mega Millions lottery prize hit $636 million. Imagine that you won hundreds of millions of dollars. What would you do with that money? One study shows that many people who win between $50,000 and $150,000 end up going bankrupt. So is coming into so much money so fast a blessing—or a curse in disguise? Susan Bradley, executive director of the Sudden Money Institute, explains the biggest downfalls winners experience.
Thursday, September 26, 2013
A 19th-century Georgia land lottery may have something to teach us about today's income inequality.
Wednesday, March 27, 2013
Pedro Quezada from Passaic just won over $330 million from Powerball and, so far, hasn't announced his plans beyond buying a new car and never getting up at 5AM to open his bodega again. What about you? How detailed have you gotten in what you'd do with future winnings? Are you like the school principal on a recent This American Life episode who can go on for minutes with how you'd solve your community's problems with the money? Do you have a long, long shopping list? Share your plans, call 212-433-WNYC, 212-433-9692.
Thursday, February 21, 2013
New York Gov. Andrew Cuomo is betting on the Lottery to boost the state's coffers. As part of his budget proposal this year, he's calling for an expansion on the Quick Draw game, by allowing smaller Lottery vendors to start selling those tickets. But the proposal is not without controversy.
Thursday, November 29, 2012
This week, the Powerball reached $550 million, the highest it's ever been. And last night, two lucky ticket holders - in Missouri and Arizona - won the jackpot. But how does one even begin to spend $550 million? The Barenaked Ladies came up with a pretty good list of what they'd buy if they had $1 million. And it got us to thinking: What if we remade their song, but replaced word "million" with "billion." And so we have, with the help of Takeaway listeners, real people on the street, and fun facts about how much you can really buy for a billion dollars.
Monday, April 02, 2012
Even if you didn't win big in Friday's record-setting Mega Millions jackpot, we'd like to know: how would spend half a billion dollars if you had? What's the most selfish thing you'd do -- and the most selfless? Buy a car; and start a foundation? Travel the world; then donate to a charity? Give us a call 212-433-9692, or post here!