Personal Finance Advice and Commentary

Would you rather save money in a CD or buy a lottery ticket? What if you could do both at the same time?

Powerball-winning couple proves their commitment to community.

Owners of the two winning Powerball tickets will split the record $587.5 million jackpot. Federal and state tax collectors will get some of the winnings, too.

Remember how a your dad would advise, “Shop before you take the first loan you’re offered”? Bankrate remembers.

Happy Monday! Here at Bankrate, we spend our weekends monitoring our bank statements and discussing dividend yields over cocktails.

In the span of four days, we witnessed what was arguably the largest spate of gambling in U.S. history. By the time the Mega Millions lottery numbers were drawn on Friday, March 30, folks hoping for immediate wealth had bought more that 625 million tickets. Three days later when NCAA March Madness wound down with

Given that most lottery winners lose it all within three years, it’s notable to take a closer look at how the three Connecticut money managers are handling their $254 million Powerball win. The partners in a wealth management company, Greg Skidmore, Tim Davidson and Brandon Lacoff, opted for the lump sum of $103.5 million instead of