3 mistakes you shouldn't make if you win the $1 billion Mega Millions jackpot [CNBC]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: CNBC
The top prize for the Mega Millions lottery has reached a whopping $1 billion , according to the game's official website. That's the second-largest grand prize in U.S. history. And while your chance of winning is a slim one in 302.6 million , coming into money like that would be life-changing. The median American household has only $11,700 in total savings. Even the top 1 percent of earners has $2.5 million in savings on average, or about 400 times less than the current lottery jackpot. Meanwhile, credit card debt in the U.S. has reached a high , according to a report from the Federal Reserve, surpassing $1 trillion in 2017, and student debt is holding back a generation: The average 20-year-old with loans owes $22,135, and the average 30-year-old with loans owes $34,033. If you find yourself holding a winning ticket , though, it doesn't mean all your financial worries will go away. Lottery winners are actually more likely to declare bankruptcy
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PNC
Earnings
- 4/16/24 - Beat
PNC
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 144
- 4/16/24 - Form 8-K
- PNC's page on the SEC website