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Someone out there is sitting on a lottery ticket worth more than .5 billion, but has not stepped forward to claim the prize, according to ABC News. On Oct. 23, a single winning ticket was purchased in South Carolina for the largest Mega Millions jackpot in history. The ticket is also the single most valuable lottery ticket in US history. "We have not heard that the winner in South Carolina has come forward," Mega Millions administrator Seth Elkin told ABC News. The winner has 180 days to claim the prize. That means the winning ticket does not have to be claimed until April. If no winner comes forward, each participating state in the Mega Millions game will get back all the money that state contributed to the unclaimed jackpot, the lottery says on its website. The amount of money that goes unclaimed in state lottery programs is quite staggering. Nearly billion went unclaimed during a 12-month period from late 2016 through early 2017, lottery expert Brett Jacobson told CNN. While most of the unclaimed lottery winnings are from smaller prizes, there have been a few notable examples of massive jackpots going unclaimed. The largest known unclaimed lottery ticket was sold in Georgia in 2011 worth million. Elkin told ABC News that it would be prudent for whoever is holding the winning lottery ticket to sign it, keep it somewhere safe and consult a financial advisor before claiming the prize.  1490

Six people were shot Sunday afternoon about half a mile away from TIAA Bank Field, home of the Jacksonville Jaguars, the Jacksonville Sheriff’s Office said.The shooting occurred at a laundromat at A. Philip Randolph Boulevard and Pippin Street.Currently, there is no suspect in custody but authorities believe the shooter was in a gray or silver four-door vehicle, possibly a Nissa Altima or Maxima. Authorities also said the shooting may be gang-related.The Jaguars are playing the Houston Texans today. The shooting will not impact the game. The area is closed off due to the investigation and those parked within the crime scene will be escorted in and out.The sheriff's office said this may also impact traffic. 743

Since the beginning of the year, wildfires have burned over 3.2 million acres in California. Since August 15, when California’s fire activity elevated, there have been 25 fatalities and over 4,200 structures destroyed.In August, three of California’s four largest wildfires on record sparked. Currently, the largest, the August Complex fire burning east of Chico, stands at 803,489 acres.“We’re living in a world with greater wildfire risk from one-degree warming. Two degrees of warming will intensify those risks,” said Dr. Noah Diffenbaugh, professor of Earth System Science at Stanford University.Dr. Diffenbaugh says in the last 40 years there has been a tenfold increase in the amount of land burned by wildfires, and that number directly correlates to Earth’s warming from climate change.He says the science is pretty straightforward. As temperature rises fuels dry out more easily, which makes less-prone areas spark plugs for fires. Then add in the changes in humidity, wind speeds, and long-term weather patterns that are all affected by climate change and wildfires become larger, stronger, and more frequent.Seventeen of California’s 20 largest fires in history all started after the year 2000.“Very careful, objective, hypothesis-driven research has shown that about half of that increase in the area burned in the western United States is attributable to the long-term warming,” said Dr. Diffenbaugh.The Center for Climate and Energy Solutions says between 1984 and 2015, the number of large wildfires doubled in the western United States. It also estimates that for every one-degree rise in Earth’s temperature, the average area burned from a wildfire could increase by 600 percent in some places.“We have two of the three largest wildfires in California’s history burning right now so it is a simple fact,” said Dr. Diffenbaugh.The increase in fire activity also increases the strain put on resources.Recently, national fire managers raised the United State’s fire preparedness level to five, which is its highest level, making all fire-trained federal employees available for assignment. 2112

Senate Minority Leader Chuck Schumer is pushing the incoming Biden administration to cancel up to ,000 in federal student loans when the president-elect takes office in January.His announcement comes as the nonpartisan Congressional Budget Office released data indicating that America’s student loan debt had increased by 700% during the period from 1995 through 2017.Schumer said that Biden can forgive the debt by executive action due to the Higher Education Act. The Trump administration previously cited the Higher Education Act in authorizing a freeze in student loan payments, which has been extended through the end of January.If Schumer has his way, the freeze would be made permanent for millions of student loan customers."College should be a ladder up but student debt makes it an anchor down. For far too many students and graduate students, some years out of school, student loans and federal student loans are becoming a forever burden," Schumer said. "They stand in the way of people getting the job they want, they stand in the way of buying a home, of starting a family, of buying a car and they hurt our economy dramatically.”Biden has not indicated support for the plan, and has instead offered a more modest recommendation of canceling up to ,000 in federal student loans.Loan burden increasingData released this week by the Congressional Budget Office shows that America’s collective student loan burden has increased seven times from 1995 through 2017 for a multitude of reasons.The CBO lays out a number of reasons why this has happened. One culprit is that borrowing from private, for-profit colleges has skyrocketed. Adding insult to injury, those who attend for-profit colleges and universities are more likely not to graduate, resulting in fewer job opportunities.The CBO also says that enrollment increased at universities across America through the late 90s and 00s, meaning there were simply more students to go into debt. The number of students taking out new loans did subside some after a 2011 peak, but remained higher in 2017 than they did in the 90s and much of the 00s.There has also been an arms race at universities to increase services to students, which increases costs. This comes while state support for public universities has decreased in recent years.Are student loans themselves responsible for increases to tuition?The CBO says that until recently, there was no evidence that an expansion to the federal student loan program was responsible for tuition increases at universities. But the CBO claimed that more recent data has suggested that federal student loans could result in increased tuition.The CBO cited a study conducted by Dr. Robert Kelchen of Seton Hall called “An Empirical Examination of the Bennett Hypothesis in Law School Price” among other studies.“Using data from 2001 to 2015 across public and private law schools and both interrupted time series and difference-in-differences analytical techniques, I found rather modest relationships across both public and private nonprofit law schools,” Kelchen wrote.College grads still fare better overallDespite all of the debt many college graduates face in the years, and even decades, after attending school, those with bachelor’s degrees or higher fare much better in the job market.According to the US Census’ 2019 data, the median income for a householder with a bachelor’s degree was ,036, with those with advanced degrees making even more. For those with an associate’s degree, a degree generally given to community college graduates, the median income was ,242. Those who attended some college, but did not have a degree, earned ,380 a year, while those who were high school graduates earned ,803.During the height of the pandemic, those with at least a four-year college degree were more likely to hang on to their job. The unemployment rate increased from 2.5% to 8.4% for those with a bachelor’s degree from March to April of 2020. Those with an associate’s degree or some college experience, but not a four-year degree, saw an unemployment rate increase from 3.7% to 15%.For those who graduated high school but did not attend college, the unemployment rate during the same period jumped from 6.8% to 21.2%.The most recent job figures, which were for the month of October, showed an unemployment rate of 4.2% for those with at least a four-year degree, 6.5% for those with an associate’s degree or some college, and 8.1% for those with a high school diploma and no college experience. 4529

Sprint and T-Mobile's have abandoned discussions about a potential merger.The companies issued a joint statement Saturday, after a week of speculation, saying they "have ceased talks.""While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we have agreed that it is best to move forward on our own," said Marcelo Claure, Sprint's CEO.T-Mobile CEO John Legere also said there were benefits to consolidating, but added that, "we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile's shareholders."Shares of Sprint and T-Mobile tumbled Monday after rumors emerged that merger talks between the two companies were fizzling.On Monday it looked as if SoftBank, the Japanese conglomerate with a majority stake in Sprint, would end negotiations because of concerns about the ownership structure of the combined business, according to reports from Nikkei and The Wall Street Journal. Claure, the Sprint CEO, is also a member of SoftBank's board .Exactly what issue ultimately severed the talks was not immediately clear Saturday. Neither Sprint nor T-Mobile immediately replied to requests for comment by CNNMoney.This is the second time the mobile carriers have attempted to join forces and failed.Sprint and T-Mobile previously discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.Related: Sprint owner says 'door is open' to mergers under TrumpThe companies expected to have a better shot at the merger this year under the Trump administration.SoftBank CEO Masayoshi Son said in May that the Obama administration was "quite tough on business," and added "the door is open" for potential mergers with the new administration.Son met with Trump the month before he took office to talk up an investment in U.S. businesses. The investment ignited speculation about Son and SoftBank trying to revive merger talks.A few weeks later, Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration. 2202