Start the new year in style
The New Year's Eve national Powerball lottery draw promised a jackpot prize of $500 million - winning the jackpot would have been quite the way to start the new year, but unfortunately nobody across the USA was that lucky. One Florida ticket holder scooped $1 million for matching 5 out of 5 numbers, but didn't match the powerball too.
All that means that the Powerball jackpot on Monday January 3 has now reached $522 million, and the omens could be good for a Florida winner.
On January 13 2016, Maureen Smith and David Kaltschmidt of Melbourne Beach, Florida claimed a one-third share of the largest Powerball jackpot in history - a staggering $1.586 billion. Their ticket shared the prize with two other couples - one from California and another from Tennessee - with each ticket claiming $327.8 million.
It is the number one biggest lottery win in US history, and if you happen to believe in luck (which is presumably an essential for anyone playing the lottery) then maybe there's a good chance that 6-years later, the jackpot winner could again live in the sunshine state!
A change of fortune
Starting the new year as a multi-millionaire would be nice, but there's perhaps never a better time to fall upon good luck then when you really need it.
In November 2020, a Floridian from Jensen Beach won a $16.5 million Florida Lottery jackpot - shortly after losing their job due to the knock-on effects of the pandemic. The winner chose to remain anonymous but would certainly have enjoyed a sense of relief, knowing that they could pay their bills having lost their income just before the win.
A life-changing win?
It is unfortunately quite common that lottery winners end up spending their new-found wealth almost as quickly as it came to them. A study carried out by MIT found that Lottery winners are more likely to declare bankruptcy within three to five years than the average American.
It may just be that more modest, but life-changing wins are preferable and easier for the winner to manage, than multi-million dollar prizes. Still, if you were to win the $522 million Powerball jackpot tonight, it may well take a few years before you could even manage to spend it all!
What would you do if you scooped the $522 million Powerball jackpot? How would you spend the money? Let me know in the comments section below.