Rob Black’s Winners & Losers: Financial advice for a 20-year-old


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. 

>>Read more about the study ‘How Much Do American Spend on Lottery?’ by clicking here



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