In today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON4’s James Fletcher talk about U.S. home sales, Google’s self-driving cars, and the Mega Millions jackpot.
Rob also has financial advice for people in their early twenties.
Here are today’s Winners and Losers:
Loser: New home sales drop to 8-month low in June . . . U.S. home sales dropped to an eight-month low in June. Sales of new U.S. single-family homes fell to an eight-month low in June and data for the prior month was revised sharply down, the latest indications that the housing market was slowing down.
Winner: Waymo (Google’s self-driving car) strikes deals with Walmart, others to boost access to self-driving cars . . . Waymo has struck deals with several companies to expand access to its self-driving cars.
Winner: Mega Millions $522 million jackpot: One ticket takes top prize One winning ticket was sold for the whopping $522 million Mega Millions jackpot, with a one-time cash option of $308 million.
The ticket for the fifth-largest jackpot in Mega Millions history was purchased in Ernie’s Liquors in San Jose, California, where a crowd of well-wishers gathered after the announcement.
The average American spends about $200 a year on lottery tickets, though residents of some states spend far more.
According to a study by LendEDU, the average Massachusetts resident spends $735 annually on lottery tickets.
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