Mike contributed to Murray Feldman’s report on the $700 M Powerball (WWJ, 950AM on 8/23/17). The fact that 9% of the world’s GDPs are less than that was noteworthy. Included in that group are Saint Martin, Tonga and the British Virgin Islands.
Mike contributed to Perry Farrell’s DFP report on the gargantuan $700 M Powerball prize. Mr Farrell noted that there was a better chance of being struck by lightning or being hit by an asteroid than winning the grand prize. The winner could buy almost 5,400 Jeep Grand Cherokee SRTs sold for $130,000 each. The assumption here is that you spent all your winnings, immediately.