Winning the lottery is typically a time of celebration and exaltation, but that’s not the case for recent jackpot winners in the state of Illinois. Danny Chasteen, a 56-year-old manufacturing foreman from LaSalle County, is just one of the lucky, yet unfortunate winners stuck in lottery payments limbo as...

The Maryland Lottery has seen an impressive growth in its lottery and casino sales revenue throughout 2015 — in fact, the state brought in a combined $1 billion for the 2015 fiscal year from both sources, which is a state record. And already, state officials are saying that 2016...

Tax season may have ended a few months ago, but that’s not stopping con artists. The Internal Revenue Service has warned taxpayers and tax preparation firms against new scams as losses surpass the $20 million mark. “We continue to see these aggressive tax scams across the country,” said IRS...

Could 2016 be the year that Social Security’s disability funding runs out? According to recent reports from the New York Times and Chicago Tribune, government officials have stated that 11 million Americans could be left to fend for themselves by 2016 if the Social Security’s disability fund isn’t replenished....

A contractor from North Carolina drove around for weeks as a millionaire without a single clue. James Lampi Jr. bought a $200 Million Blowout ticket back in June, and left it in his truck. Though he knew he’d won at least something with the ticket, he had no clue...

California lawmakers recently passed legislation that protects seniors who choose to invest in annuities against insurer malpractice. According to a July 17 Central Valley Business Times article, the law acts as a safeguard for seniors and their beneficiaries from potential financial losses that stem from insurers’ surrender penalties, which...

After four years of delays, the American Hospital Association (AHA) and America’s Health Insurance Plans (AHIP) insist on keeping their timeline intact for the implementation of the new ICD-10 billing systems for doctors and hospitals to use across the country. Roll Call reports that the two medical industry organizations...

It’s often difficult for the “average” American consumer to understand how celebrities, like movie stars and professional athletes, can go from making millions of dollars per year to filing for bankruptcy, and perhaps a little bit of schadenfreude is what supports the media frenzy every time another celebrity files...

Winning a legitimate sweepstakes can be a truly life-changing experience. Just look at what happened to Army Sgt. Kakala Loketi, who won the Army and Air Force Exchange Service’s “Your Holiday Bill Is On Us” sweepstakes. Her prize? She got to have her $8,200 in credit card debt paid...

Avoiding credit card debt isn’t always easy, but now there’s an app for that too. Antonio Ferris, a 15-year-old whiz kid hailing from Mesa, AZ, created an app that helps consumers decide whether it’s worth charging an item to their credit card, which in turn can help prevent them...