Tuesday's Mega Millions drawing is for a jackpot of $1.6 billion, the nation's largest-ever win — if someone can pick the correct numbers. And to increase the odds of winning, people often pull together funds and setup a pool. But there's some things you should know first.“I know it’s the way of the world and it’s good for camaraderie, but I don’t like office pools one bit,” said "Lottery Lawyer" Jason Kurland in the New York Post. What's wrong with a pool? Well, things can get messy fast.Take for example the eight hair stylists who won a $9.5 million Hoosier Lotto jackpot in Indiana in 2013. One of the stylists claimed she bought the winning ticket separately from the pool tickets with her own money and, therefore, didn't have to split the earnings with her seven coworkers. The case was eventually settled confidentially.And in another case in Ohio, a man sued his 22 coworkers when they won a $99 million Mega … [Read more...] about Mega Millions advice: What to know if you’re doing an office pool
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By Patrick May | [email protected] | Bay Area News Group PUBLISHED: October 22, 2018 at 1:42 pm | UPDATED: October 23, 2018 at 9:32 am Hey, never say never, right? Like scores of other lucky people, you, too, could win the lotto. Or, more specifically, you could win the record-smashing $1.6 billion up for grabs in Tuesday’s Mega Millions drawing. So, just to be safe, here’s some advice from past lottery winners and their advisors on how to handle it when and if you hit the jackpot. Take a deep breath After winning $141 million in the lottery back in 2001, Al and Carmen Castellano of Saratoga told this newspaper that after getting over the initial shock – “It took me about an hour to understand what was happening to me,” Al recalled. “I stood there thinking, is this a miracle? A dream? Or what?” – a winner should slow down for a bit and take stock of what has just happened. The couple found out they’d won … [Read more...] about So you hope to win the Mega Millions jackpot? Here’s some advice.
AT&T and Time Warner won a historic court victory this week, convincing Judge Richard Leon in the US District Court for the District of Columbia that they should be able to merge over the antitrust objections of the Department of Justice. The deal, now finalized, combines one of the world’s largest telecom carriers with one of the world’s largest media organizations. The resulting company will have unparalleled market power over both content creation and distribution. The decision itself surprised almost everyone — not necessarily that AT&T and Time Warner had won, but that Judge Leon allowed the merger to go through with no conditions or prohibitions on their behavior at all. In fact, Judge Leon’s opinion seems downright excited for the two companies, while systematically discounting the government’s case at every turn. Honestly, it’s a little strange. And while the deal might be done now, I think it’s worthwhile for anyone who cares … [Read more...] about The court’s decision to let AT&T and Time Warner merge is ridiculously bad
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Conductive Ventures announced it has raised a $100 million venture capital fund to invest in enterprise software and hardware companies. The fund is led by experienced venture capitalists Carey Lai and Paul Yeh. The fund has already invested in four startups: Ambiq Micro, CSC Generation, Desktop Metal, and Sprinklr. Lai and Yeh first met years ago through a common friend, Kevin Chou, who went on to become founder of Kabam and later KSV Esports. Lai went into venture capital at Institutional Venture Partners and Intel Capital, where he invested in enterprise software companies such as Box and Gigya. Yeh spent his early career working in product development and hardware at companies such as Ford, Tesla, Next Autoworks, and Fisker Automotive. Most recently, he was a partner at Kleiner Perkins Caufield & Byers. He has worked as a board director/observer with entrepreneurs at AEye, Ambiq Micro, Beyond Meat, Crossbar, Desktop Metal, DJI, Ionic Materials, LuxVue … [Read more...] about Conductive Ventures debuts with $100 million fund for enterprise hardware and software