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Cleveland Daily Banner—Wednesday, January 6, 2016—7
Armed group in oregon fears raid
AP Photo
A sign shows the estimated Powerball jackpot Tuesday in
Spring, Texas. Players will have a chance Wednesday night at the
biggest lottery prize in nearly a year. The last time Powerball had
grown this large was in February 2015, when three winners split a
$564.1 million prize.
Things to know about
giant Powerball jackpot
DES MOINES, Iowa (AP) —
Players will have a chance
Wednesday night at an estimated
$450 million Powerball jackpot,
making it the biggest lottery prize
in nearly a year.
The jackpot will be the largest
since a Powerball prize that
climbed to $564.1 million last
February before it was won by
players from North Carolina,
Texas and Puerto Rico. Powerball
is played 44 states as well as the
District of Columbia, the U.S.
Virgin Islands and Puerto Rico.
Here are more details about the
big lottery payoff.
—HOW DOES THE JACKPOT
RANK?
The jackpot would be the sixthlargest ever in North America. It’s
been growing since the last
Powerball jackpot winner on Nov.
4 and will keep climbing if no one
wins the big prize on Wednesday.
If there isn’t a jackpot winner, the
prize for Saturday’s drawing
would be significantly larger, but
it would still take some time to
grow beyond the record. That was
a $656 million Mega Millions
jackpot won in March 2012. The
largest Powerball prize was a
$590.5 million jackpot won by a
Florida woman in May 2013.
—PAYMENT OPTIONS
The prize would have a cash
option of $275.4 million, and
that’s before taxes are deducted.
The $450 million prize is based
on an annuity, which would pay
out the money over 29 years.
—THE ODDS? NOT GOOD.
The odds are one in 292.2 million, which means you’re really,
really, really unlikely to win. For
some comparison, your chance of
being struck by lightning in a
year is about one in 960,000. But
as lottery officials often note, you
have no chance of winning if you
don’t buy a ticket.
—POOLING YOUR MONEY
Some players feel they increase
Fast-food price
fight: Combo
deals at center
NEW YORK (AP) — Another price
fight is breaking out among the
country’s biggest burger chains,
this time with meal combos
designed to make people forget
about the once ubiquitous dollar
menus.
The new “bundled offers” show
how hungry McDonald’s, Burger
King and Wendy’s are to win over
deal seekers, and how quickly a
popular idea gets copied in the fastfood industry. The latest trend on
the value front popped up in late
2015 after Wendy’s rolled out a “4
for $4 deal,” which includes a Jr.
Bacon Cheeseburger, chicken
nuggets, small fries and a small
drink.
This week, Burger King followed
with a similar “5 for $4” deal, and
McDonald’s introduced a “McPick 2
for $2” deal to kick off the new year.
“Peo