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Mark Cuban Suggests Powerball Winner Focuses Winnings on a Singular Investment
  • 22nd Jul 2023

Mark Cuban Suggests Powerball Winner Focuses Winnings on a Singular Investment

A downtown mini market in Los Angeles has sold a winning Powerball ticket worth $1.08bn. Although the buyer has yet to step forward, many have speculated about how their life is about to change. The majority of winners opt to receive half of the jackpot in an immediate lump sum payment. The National Endowment for Financial Education has previously shown that up to 70% of lottery winners spend all their winnings and go broke within a couple of years. Mark Cuban, billionaire investor and star of ABC's "Shark Tank", advises winners to hire a tax attorney and wealth manager to help them make informed decisions about their newfound wealth.

US cities and states affected by Canadian fires: A map of wildfire smoke reveals the impacted areas' air quality
  • 18th Jul 2023

US cities and states affected by Canadian fires: A map of wildfire smoke reveals the impacted areas' air quality

Canada's worst wildfire season has caused toxic smoke to spread across the US, affecting air quality in 20 states. The smoke contains fine particulate matter, which can cause short-term health effects such as irritation of the eyes, nose, and throat, as well as long-term effects like asthma and heart disease. Major cities including Chicago have experienced poor air quality, prompting warnings for vulnerable groups to stay indoors. Red flag warnings have also been issued in parts of Washington, Oregon, and Colorado due to dry conditions that increase the risk of wildfires.

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