Posted on Leave a comment

After Mega Millions winner, Powerball jackpot soars. Here's what it's up to – The Patriot Ledger

On the heels of the Mega Millions jackpot that was worth nearly $1 billion, the Powerball drawing tonight is worth quite a bit of cash.
Tonight’s Powerball jackpot (Nov. 17, 2025) is worth an estimated $570 million, according to a release from the Massachusetts Lottery, which added that the cash option on the prize is an estimated $266.9 million.
Nobody won the jackpot on the drawing for Saturday, Nov. 15.
However, one $50,000 prize was won on a ticket sold in Salisbury, Massachusetts, according to the Massachusetts Lottery.
Tonight’s Powerball drawing will be the (31st) since the jackpot was last hit Sept. 6, when tickets sold in Missouri and Texas split a $1.787 billion jackpot.
Do you want to play Powerball today?
Here’s how.
Drawings are held every Monday, Wednesday and Saturday at 10:59 p.m.
You can check the Massachusetts Lottery website, or the Powerball website for the drawing results.
Powerball tickets are $2 each and can be purchased until 9:50 p.m. on the day of a drawing.
The Powerball website states that, “the overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.”
To play Powerball, you have to buy a ticket for $2. You can do this at a variety of locations, including your local convenience store, gas station, or grocery store. In some states, Powerball tickets can be bought online.
Once you have your ticket, you need to pick six numbers. Five of them will be white balls with numbers from 1 to 69. The red Powerball ranges from 1 to 26. People can also add a “Power Play” for $1, which increases the winning for all non-jackpot prizes.
The “Power Play” multiplier can multiply winnings by: 2X, 3X, 4X, 5X, or 10X.
If you are feeling unlucky or want the computer to do the work for you, the “Quick Pick” option is available, where computer-generated numbers will be printed on a Powerball ticket. To win the jackpot, players must match all five white balls in any order and the red Powerball.
If no one wins the jackpot for a given drawing, the cash prize will continue to tick up.
To win, match one of the nine ways to win:
According to a release, tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
“More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold,” the release states. “Since its first drawing in 1992, the Powerball game has helped generate more than $36 billion for good causes supported by U.S. lotteries.”

source

Posted on Leave a comment

Mega Millions win just became the largest jackpot in Georgia’s history. Here's how much – Savannah Morning News

After five months of rollovers, the Mega Millions jackpot finally hit on Friday, and the winning ticket came from Georgia.
A Publix in Newnan sold the lone ticket worth $980 million, the eighth-largest Mega Millions prize on record.
The winner has not been identified. The Georgia Lottery said it typically takes weeks for officials to verify a winning claim.
In a statement, Georgia Lottery president and CEO Gretchen Corbin said the organization is “thrilled to congratulate the largest winner in our state’s history,” noting that ticket sales help fund HOPE and Georgia’s Pre-K programs.
The jackpot-winning quick pick ticket was purchased at Publix, 4000 N. Highway 9 in Newnan. The store will receive a $50,000 commission.
The winner may choose the full $980 million in annual payments over 30 years or a lump sum of about $452.2 million before federal taxes.
Under Georgia Lottery rules, the winner has 180 days from the drawing date. For this ticket, the claim deadline is May 13, 2026, and the prize must be claimed at Georgia Lottery headquarters.
The winning numbers for Nov. 14, 2025, were 1-8-11-12-57, and the Mega Ball was 7.
A second notable prize was reported in Michigan, where a ticket matched five numbers plus the 3X Multiplier for $3 million.
With the jackpot claimed, Mega Millions resets to $50 million for the next drawing on Tuesday, Nov. 18, 2025.
Vanessa Countryman is the Trending Topics Reporter for the Deep South Connect Team Georgia. Email her at Vcountryman@gannett.com.

source

Posted on Leave a comment

Midville player wins a fortune with scratch-off lottery ticket – WRDW

MIDVILLE, Ga. (WRDW/WAGT) – A Midville lottery player won nearly $1 million on a scratch-off ticket last week.
The player won the money on a 50X the Money ticket that was bought at Alan’s Quick Stop, 108 S. Jones St. in Midville.
One lucky person who bought a Mega Millions ticket in metro Atlanta is waking up a whole lot richer.
The prize was $1 million but the player selected the cash option of $809,000.
They claimed their prize on Nov. 13.
Midville is in Burke County.
Copyright 2025 WRDW/WAGT. All rights reserved.

source

Posted on Leave a comment

Hagerstown, Frederick brothers split $500K in Maryland Lottery prizes – The Herald-Mail

A pair of brothers split $500,000 in lottery winnings, making a dream come true after the Hagerstown brother told Maryland Lottery officials he dreamt the brothers played the lottery.
“That was a good dream,” the younger brother told the Lottery, according to a news release.
After sharing his dream with his older brother, a Frederick resident, “the two decided to play big,” the release states.

source

Posted on Leave a comment

A changing reporting landscape at the intersection of accounting and cryptocurrency – Tech Xplore

             Sign in with                 <a href="https://sciencex.com/profile/sm-login-redirect/fb/" class="login-link" referrerpolicy="unsafe-url">                   <svg>                     <use href="https://techx.b-cdn.net/tmpl/v2/img/svg/sprite.svg#logo_fb" x="0" y="0" />                   </svg>                 </a>                 <a href="https://sciencex.com/profile/sm-login-redirect/google/" class="login-link" referrerpolicy="unsafe-url">                   <svg>                     <use href="https://techx.b-cdn.net/tmpl/v2/img/svg/sprite.svg#logo_google" x="0" y="0" />                   </svg>                 </a>                 <a href="https://sciencex.com/profile/sm-login-redirect/apple/" class="login-link" referrerpolicy="unsafe-url">                   <svg>                     <use href="https://techx.b-cdn.net/tmpl/v2/img/svg/sprite.svg#logo_apple" x="0" y="0" />                   </svg>                 </a>               <br>                 <a href="https://sciencex.com/profile/pwdreset/">Forget Password?</a>               <br>                 <a class="font-weight-normal" href="https://sciencex.com/help/account/">Learn more</a>               <br>share this!<br>Share<br>Tweet<br>Share<br>Email<br>                                                         November 17, 2025                                                                                                              <br>                                         by Kristin Lowe, <a class="article-byline__link" href="http://www.gatech.edu/" target="_blank">Georgia Institute of Technology</a>                                    <br>                                                                                                    edited by                                                   <a href="https://sciencex.com/help/editorial-team/" aria-describedby="editor-popover" data-toggle="popover" data-div="#editor-popover" data-placement="bottom" data-trigger="manual" tabindex="0">Sadie Harley</a>,                                                                                                reviewed by <a href="https://sciencex.com/help/editorial-team/" aria-describedby="reviewer-popover" data-toggle="popover" data-div="#reviewer-popover" data-placement="bottom" data-trigger="manual" tabindex="0">Andrew Zinin</a>                                                                                             <br>scientific editor<br>lead editor<br>                                                        This article has been reviewed according to Science&nbsp;X's                                                        <a class="text-info" href="https://sciencex.com/help/editorial-process/" target="_blank">editorial process</a>                                                        and <a class="text-info" href="https://sciencex.com/help/editorial-standards/" target="_blank">policies</a>.                                                        <a class="text-info" href="https://sciencex.com/help/editorial-team/" target="_blank">Editors</a> have highlighted                                                         the following attributes while ensuring the content's credibility:                                                  <br>                                                                <span class="tick-mark"></span> fact-checked                                                            <br>                                                                <span class="tick-mark"></span> trusted source                                                          <br>                                                                <span class="tick-mark"></span> proofread                                                           <br>Cryptocurrency continues to reshape the financial landscape. As cryptocurrency moves from niche to mainstream, companies are grappling with how to account for these volatile digital assets. New research from Scheller College of Business accounting professor Robbie Moon, and his co-authors Chelsea M. Anderson, Vivian W. Fang, and Jonathan E. Shipman, sheds light on how U.S. public companies have navigated crypto holdings and accounting practices over the past decade.<br>ASU 2023-08, the Financial Accounting Standards Board's (FASB) newly enacted rule, aims to bring clarity and consistency to crypto asset reporting with the mandate for fair value reporting. Moon's research, which examined a comprehensive set of companies from 2013 to 2022, looks at the exponential rise in corporate crypto investments and the diverse, and often inconsistent, ways firms have reported them.<br>In "<a href="https://onlinelibrary.wiley.com/doi/10.1111/1475-679X.70018?af=R" target="_blank">Accounting for Cryptocurrencies</a>," Moon and his co-authors work to better understand this pivotal point in financial reporting with research that dives into why firms hold crypto—whether for mining, payment acceptance, or investment—and how reporting practices have evolved to meet this current moment. The work is published in the <i>Journal of Accounting Research</i>.<br>Keep reading to learn more about Moon's research and why it matters right now.<br>Companies hold cryptocurrency for three main reasons: they mine it, they accept it as payment, or they consider it an investment. Early on, most businesses kept crypto because customers used it to pay for goods and services. Around 2017, that trend declined, and more companies began mining crypto themselves. Today, mining accounts for about half of corporate crypto holdings, while payment acceptance and investment make up the rest.<br>Until the end of 2023, there were no official rules on how companies should report cryptocurrency on their <a href="https://techxplore.com/tags/financial+statements/" rel="tag" class="textTag">financial statements</a>. Back in 2018, the Big Four accounting firms (Deloitte, PwC, EY, and KPMG) stepped in with guidance, suggesting that crypto be treated like intangible assets, similar to things like patents or trademarks. This is known as the impairment model.<br>The two accounting methods differ in how they handle changes in crypto value. The fair value model updates the value of a company's crypto to match current market prices every reporting period. If the price goes up or down, the change shows up on the company's income statement as a gain or loss.<br>The impairment model only lets companies record losses when the value drops below what they paid. If the price goes up, they can't record the increase.<br>The difference in the two approaches can best be seen when crypto prices rise. Under the impairment model, companies' balance sheets understate the true value of the crypto since the gains cannot be recorded. The fair value model allows companies to adjust the balance sheet value of crypto as market prices change.<br>When the FASB was trying to decide if they should add crypto accounting to their standard setting agenda, they reached out to the public for feedback. The response was overwhelming and most practitioners and firms called for the use of the fair value model.<br>When there aren't official rules for complex issues like crypto <a href="https://techxplore.com/tags/accounting/" rel="tag" class="textTag">accounting</a>, the Big Four firms often step in to guide companies. In 2018, they recommended using the impairment model, which they viewed as most appropriate based on existing standards. After that, most companies switched from fair value reporting to the impairment approach.<br>Their guidance in 2018 was based on what was allowed under the standards at that time. With the new rule in place, the firms will likely help clients manage the transition.<br>The primary downside of using a fair value model for a risky asset like crypto is how volatility affects earnings. Moon's research suggests that stock price volatility increases for firms using the fair value model, and it doesn't appear the model makes earnings more useful for investors. That said, the results should be viewed cautiously because the study's sample largely consisted of smaller companies.<br>This research matters because more companies are investing in cryptocurrency. That trend is only expected to grow. This research looks at how businesses handled <a href="https://techxplore.com/tags/crypto/" rel="tag" class="textTag">crypto</a> before official rules came out in 2023, showing that many treated it like traditional investments. This provides a baseline against which future research can evaluate the new rule.<br>The research also warns that the fair value approach could make stock prices more volatile without necessarily making earnings reports more useful for investors.<br><strong>More information:</strong>                                                Chelsea M. Anderson et al, Accounting for Cryptocurrencies*, <i>Journal of Accounting Research</i> (2025). <a data-doi="1" href="https://dx.doi.org/10.1111/1475-679x.70018" target="_blank">DOI: 10.1111/1475-679x.70018</a>                                                                                                                                                                                           <br>Explore further<br>Facebook<br>Twitter<br>Email<br> Feedback to editors<br>Nov 14, 2025<br><span>0</span><br>Nov 13, 2025<br><span>0</span><br>Nov 11, 2025<br><span>0</span><br>Nov 11, 2025<br><span>0</span><br>Nov 10, 2025<br><span>0</span><br>35 minutes ago<br>Nov 15, 2025<br>Nov 14, 2025<br>Nov 14, 2025<br>Nov 14, 2025<br>Nov 14, 2025<br>Nov 14, 2025<br>Nov 14, 2025<br>Nov 14, 2025<br>Nov 14, 2025<br>Aug 26, 2025<br>Jun 30, 2022<br>Jun 10, 2025<br>Jun 8, 2023<br>May 16, 2023<br>Nov 8, 2022<br>Nov 11, 2025<br>Oct 30, 2025<br>Oct 27, 2025<br>Oct 9, 2025<br>Oct 9, 2025<br>Oct 7, 2025<br>U.S. public companies have increasingly held cryptocurrencies for mining, payment acceptance, and investment, with mining now representing about half of holdings. Prior to 2023, inconsistent reporting practices prevailed, often using the impairment model, which understated asset values. The new FASB rule mandates fair value reporting, but this may increase stock price volatility without improving earnings informativeness.<br>                                 <small>                                 This summary was automatically generated using LLM.                                 <a class="text-info" href="https://sciencex.com/help/ai-disclaimer/" target="_blank">Full disclaimer</a>                              </small>                            <br>                                            Use this form if you have come across a typo, inaccuracy or would like to send an edit request for the content on this page.                                            For general inquiries, please use our  <a href="https://sciencex.com/help/feedback/" target="_blank">contact form</a>.                                           For general feedback, use the public comments section below (please <a href="https://sciencex.com/help/comments/" target="_blank">adhere to guidelines</a>).                                         <br>Please select the most appropriate category to facilitate processing of your request<br>Thank you for taking time to provide your feedback to the editors.<br>Your feedback is important to us. However, we do not guarantee individual replies due to the high volume of messages. <br>                                             Your email address is used <strong>only</strong> to let the recipient know who sent the email. Neither your address nor the recipient's address will be used for any other purpose. The information you enter will appear in your e-mail message and is not retained by Tech Xplore in any form.                                          <br><br>Daily science news on research developments and the latest                                 scientific innovations<br>Medical research advances and health news<br> The most comprehensive sci-tech news coverage on the web<br>         This site uses cookies to assist with navigation, analyse your use of our services, collect data for ads         personalisation and provide content from third parties.         By using our site, you acknowledge that you have read and understand our <a             href="https://sciencex.com/help/privacy/" class="popup-cookies-more" target="_blank">Privacy             Policy</a>         and <a href="https://sciencex.com/help/terms/" class="popup-cookies-more" target="_blank">Terms of             Use</a>.     <br><br><a href="https://news.google.com/rss/articles/CBMikwFBVV95cUxNY19Ka05hWDR1ZlBSUzVvaGJKLTRNdVZrTXhYc1k5TGtBUUhGd21CT0xlM3pVZ1FLV2txa3pjTHZ5NjloLTkyb0g2WkRmOTJLRWp0Y3hKMHZvZGh2NVF5UFF2Wk9ZNnYzRWdGa3FFNm55OC1JQnVxUWZNM3hCdlhfdjBrb1gzMnNWb1dOSnQ5ZWt4WVU?oc=5">source</a>