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A Michigan resident bet 20 cents on a jackpot. They're now a millionaire.

A Michigan resident bet 20 cents on a jackpot. They're now a millionaire.

USA Today28-02-2025
A Michigan resident bet 20 cents on a jackpot. They're now a millionaire.
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Odds of winning the Powerball and Mega Millions are NOT in your favor
Odds of hitting the jackpot in Mega Millions or Powerball are around 1-in-292 million. Here are things that you're more likely to land than big bucks.
Someone in Michigan is now more than $9 million richer after gambling less than a quarter on a game.
DraftKings, an American gambling company based in Boston, awarded the largest online casino jackpot in United States history this week to an anonymous state resident, according to its website.
PlayMichigan.com reported the winner bet 20 cents on the game Irish Pot Luck as part of a progressive online casino jackpot that started as $1 million in February 2024 before growing to the country's largest in history on Wednesday.
'It's been exciting to watch this historic jackpot climb to a record-breaking $9.28 million, giving a DraftKings Casino customer in Michigan an incredible, life-changing experience while engaging with our product," DraftKings Vice President of iGaming Marketing and Operations Jason March said in a press release from the company.
'To be able to award the largest online casino jackpot in U.S. history is an amazing testament to the DraftKings Casino team who work tirelessly to deliver customers a best-in-class experience. Congratulations to the winner, we look forward to celebrating our next big jackpot win.'
How much was previous records for an online jackpot?
The win beat the previous record for an online jackpot won last year in August in New Jersey.
That winner netted $6.45 million.
Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at nalund@usatoday.com and follow her on X @nataliealund.
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The Chaotic, Fantastical World of Donald Trump's Tariffs
The Chaotic, Fantastical World of Donald Trump's Tariffs

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The Chaotic, Fantastical World of Donald Trump's Tariffs

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Exclusive: Car buyers aren't waiting for prices to go higher, survey finds
Exclusive: Car buyers aren't waiting for prices to go higher, survey finds

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Exclusive: Car buyers aren't waiting for prices to go higher, survey finds

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U.S. and China to launch new talks on tariff truce extension, easing path for Trump-Xi meeting
U.S. and China to launch new talks on tariff truce extension, easing path for Trump-Xi meeting

NBC News

time43 minutes ago

  • NBC News

U.S. and China to launch new talks on tariff truce extension, easing path for Trump-Xi meeting

STOCKHOLM — Top U.S. and Chinese economic officials will resume talks in Stockholm on Monday to try to tackle longstanding economic disputes at the center of a trade war between the world's top two economies, aiming to extend a truce by three months and keeping sharply higher tariffs at bay. China is facing an Aug. 12 deadline to reach a durable tariff agreement with President Donald Trump 's administration, after Beijing and Washington reached preliminary deals in May and June to end weeks of escalating tit-for-tat tariffs and a cut-off of rare earth minerals. Without an agreement, global supply chains could face renewed turmoil from U.S. duties snapping back to triple-digit levels that would amount to a bilateral trade embargo. The Stockholm talks come hot on the heels of Trump's biggest trade deal yet with the European Union on Sunday for a 15% tariff on most E.U. goods exports to the U.S., including autos. The bloc will also buy $750 billion worth of American energy and make $600 billion worth of U.S. investments in coming years. No similar breakthrough is expected in the U.S.-China talks but trade analysts said that another 90-day extension of a tariff and export control truce struck in mid-May was likely. An extension of that length would prevent further escalation and facilitate planning for a potential meeting between Trump and Chinese President Xi Jinping in late October or early November. A U.S. Treasury spokesperson declined to comment on a South China Morning Post report quoting unnamed sources as saying the two sides would refrain from introducing new tariffs or other steps that could escalate the trade war for another 90 days. Trump's administration is poised to impose new sectoral tariffs that will impact China within weeks, including on semiconductors, pharmaceuticals, ship-to-shore cranes and other products. 'We're very close to a deal with China. We really sort of made a deal with China, but we'll see how that goes,' Trump told reporters on Sunday before European Commission President Ursula von der Leyen struck their tariff deal. Previous U.S.-China trade talks in Geneva and London in May and June focused on bringing U.S. and Chinese retaliatory tariffs down from triple-digit levels and restoring the flow of rare earth minerals halted by China and Nvidia's H20 AI chips and other goods halted by the United States. So far, the talks have not delved into broader economic issues. They include U.S. complaints that China's state-led, export-driven model is flooding world markets with cheap goods, and Beijing's complaints that U.S. national security export controls on tech goods seek to stunt Chinese growth. 'Geneva and London were really just about trying to get the relationship back on track so that they could, at some point, actually negotiate about the issues which animate the disagreement between the countries in the first place,' said Scott Kennedy, a China economics expert at the Center for Strategic and International Studies in Washington. 'I'd be surprised if there is an early harvest on some of these things but an extension of the ceasefire for another 90 days seems to be the most likely outcome,' Kennedy said. U.S. Treasury Secretary Scott Bessent has already flagged a deadline extension and has said he wants China to rebalance its economy away from exports to more domestic consumption — a decades-long goal for U.S. policymakers. Analysts say the U.S.-China negotiations are far more complex than those with other Asian countries and will require more time. China's grip on the global market for rare earth minerals and magnets, used in everything from military hardware to car windshield wiper motors, has proved to be an effective leverage point on U.S. industries. In the background of the talks is speculation about a possible meeting between Trump and Xi in late October.

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