The Daily Money: Powerball jackpot passes $1B

Powerball's jackpot has soared past $1 billion for tonight's drawing after no one matched all six numbers to win Saturday night's $825 million grand prize ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Monday, October 31 Happy Monday and Halloween. It's Katie Wedell with your top headlines of the day. For what it's worth, I'm squarely in camp pro-candy corn.  Whether you're handing out candy tonight dressed as a Sanderson sister or tackling one of the other most popular Halloween costumes of the year, you'll, of course, want to have plenty of treats on hand to avoid a trick this evening. Here's a list of the most popular candy by state.  Many adults would be more excited to see a Powerball ticket in their trick-or-treat sack. The lottery game's jackpot has soared past $1 billion for tonight's drawing after no one matched all six numbers to win Saturday night's $825 million grand prize. The pot is the largest this year and the fifth-largest jackpot in U.S. lottery history. The jackpot lump-sum payout option is now $497 million. But, less than two months ago, the payout would have been tens of millions of dollars higher. You can thank inflation for that. Fed interest rate increase expected The Federal Reserve Board meets again this week. The central bank is widely expected to raise interest rates by another 0.75 percentage point on Wednesday.  Where markets will move after this week's announcement is anyone's guess. But the stock market's response to the last five rate hikes may provide some clues. Even with worries about an impending recession, investors have been surprisingly upbeat on the days when the Fed has increased interest rates. 📰 More stories you shouldn't miss 📰 Healthcare costs have lagged the overall consumer inflation rate, but analysts say this won't last. Underwater real estate? A piece of submerged land in Florida is selling for $43 million. Days after his purchase of Twitter fueled concerns that the social media platform would no longer seek to limit misinformation and hate speech, Elon Musk tweeted a link to an unfounded conspiracy theory about Pelosi's husband. 🕷️ Critter news 🐕 A cockroach infestation was so bad in one Michigan neighborhood, officials canceled trick-or-treating. A venomous 7-foot king cobra that escaped from its home in a Swedish zoo has returned by itself, bringing a happy ending to over a week-long disappearance saga. Don't miss our investment guide Stay calm and invest on. Consider your choices – and what to invest in, and whether to do it yourself. Get more advice like this in USA TODAY's Personal Finance Investment Guide. About The Daily Money Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. Fed is about to raise rates again. How markets moved the 5 other times Even with worries about an impending recession, investors have been surprisingly upbeat on the days when the Fed has increased interest rates. 'Calm before the storm': Health insurance costs set to spike Coveted land is for sale in Florida, with a catch: It's underwater. Days after Twitter purchase, Musk shares unfounded conspiracy theory Many people's budgets could be 'thrown out of whack' in January You might want to wait 6 months to buy a car EgyptAir 804: The needless mystery continues Disney goes all out for the holidays. Here's how and how much it costs How to finetune your settings if you're worried about Twitter under... It may be illegal for teens to trick-or-treat in these US cities   Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2022 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102