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Amgen gets FDA OK for cholesterol treatment
Icahn discloses stake in Freeport McMoRan
Autodesk beats earnings expectations
GameStop tops expectations; shares rise
Bank of New York Mellon tech woes hit prices
Wall Street’s missing a closed-end bargain

The happiest — and most miserable — countries on earth
This is the happiest country on earth


What should China do to fix its economy?
What should China do to fix its economy?
Analysts dismiss fears of a China hard landing
‘Loch Ness monster’ and a mysterious rally
China fears trigger emerging market outflows

Apple closes in on Fitbit as world's biggest wearables company
Apple closes in on Fitbit in wearables

Apple to host Sept. 9 product event

How momentum investing could go out of style
Momentum investing could be going out of style

These are the best jobs for millennials
These are the best jobs for millennials


Wal-Mart explains decision to stop selling some guns

One billion people logged onto Facebook Monday in new company milestone
1 billion people used Facebook in one day


Poll shows Biden running stronger than Clinton
Republican wants more than the sequester

Donald Trump says he’s OK with raising taxes on himself
Trump: I’m OK with raising taxes on myself

Bezos is clear about what Amazon’s culture is

10 fall beers with absolutely no pumpkin in them
10 fall beers with absolutely no pumpkin in them

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'Mr. Robot' season finale postponed

Jim Rogers: Don’t rule out a commodity bull run
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How the media just can’t spot economic crisis

6 ‘services’ that help hackers get rich

4 things you didn’t know could be hacked
How vulnerable are U.S. markets to hackers?


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Only half of Americans with kids have wills

Millennials are clueless about cellphone etiquette
Millennials realize growing up is hard to do

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Markets »

171.98MDow Volume:
Avg Vol: 111.57M
Unchanged
150
Decliners
1105
Advancers
5358
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
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Dow
/quotes/zigman/627449/realtime 16,655 +369 2.27%
Nasdaq
/quotes/zigman/12633936/realtime 4,813 +115 2.45%
S&P 500
/quotes/zigman/3870025/realtime 1,988 +47 2.43%
GlobalDow
/quotes/zigman/629063/realtime 2,374 +14 0.58%
Gold
/quotes/zigman/662444/delayed 1,130 +7 0.62%
Oil
/quotes/zigman/2331095/delayed 43.05 +0.49 1.15%
FTSE 100
/quotes/zigman/3173262/delayed 6,192 +213 3.56%
DAX
/quotes/zigman/2380246/delayed 10,316 +318 3.18%
CAC 40
/quotes/zigman/3173214/delayed 4,658 +157 3.49%
FTSE MIB
/quotes/zigman/1482176/delayed 22,201 +727 3.39%
IBEX 35
/quotes/zigman/2759620/delayed 10,290 +306 3.06%
Stoxx 600
/quotes/zigman/2380150/delayed 362 +12 3.46%
Asia Dow
/quotes/zigman/6959860/realtime 2,813 +61 2.20%
Nikkei 225
/quotes/zigman/5986735/delayed 19,136 +562 3.03%
Hang Seng
/quotes/zigman/2622475/delayed 21,956 +117 0.54%
Shanghai
/quotes/zigman/1859015/delayed 3,186 +103 3.33%
Sensex
/quotes/zigman/1652085/delayed 26,615 +384 1.46%
Singapore
/quotes/zigman/1709939/delayed 2,986 +41 1.38%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.00 0.15%
Yen
/quotes/zigman/16008150/realtime/sampled 121.09 +0.06 0.05%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.12%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.72 0.00 0.01%
DXY Index
/quotes/zigman/1652083/delayed 95.71 -0.06 0.06%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.21 -0.06 0.07%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.01 0.44%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.01 1.69%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 -0.01 0.29%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 -0.03 1.54%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.87 +0.02 1.11%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 0.00 0.51%
Crude Oil
/quotes/zigman/2331095/delayed 43 +0 1.15%
Gold
/quotes/zigman/662444/delayed 1,130 +7 0.62%
Corn
/quotes/zigman/7599553/delayed 376 +1 0.33%
DJIA F
/quotes/zigman/38649152/delayed 16,602 -48 0.29%
S&P F
/quotes/zigman/30356461/delayed 1,982 -8 0.38%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.51%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.73 2.54 2.91%
AAPL /quotes/zigman/68270/composite 112.92 3.23 2.94%
GOOG /quotes/zigman/30194416/composite 637.61 8.99 1.43%
BAC /quotes/zigman/190927/composite 16.44 0.38 2.37%
C /quotes/zigman/5065548/composite 53.44 1.16 2.22%
F /quotes/zigman/264304/composite 13.56 0.35 2.65%
T /quotes/zigman/398198/composite 33.44 0.75 2.29%
BP /quotes/zigman/247026/composite 33.03 1.93 6.21%
GE /quotes/zigman/227468/composite 25.01 1.00 4.16%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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Legal Advice on Mega Millions Office Pools

With Friday’s Mega Millions jackpot now at $640 million, many coworkers may be piling their cash together to vie for a piece of the record jackpot. They might want to consult a lawyer first.

Getty Images

Before tossing money into an office pool, there are steps workers can take to ensure they get their fair share of any winnings, says New Jersey attorney Eric Kahn. He represented the five construction workers who sued a coworker for their cut of a $38.5 million payout. “People assume they’re never going to win the jackpot,” he says. “ “Then when they win, there’s a problem.”

Kahn’s clients sued coworker Americo Lopes, who they claim told them he was on leave for surgery in November 2009, when in fact he had won the big jackpot. When another person in the pool learned of his winnings a few months later, he discovered Lopes won on a date they played as a group. A jury awarded the former co-workers $4 million each. But most employees can avoid the courtroom with some simple steps, says Kahn.

For starters, make a list of the names and numbers of everyone in the pool, he says. A written contract isn’t necessary, but there should be no question about who played. Everyone who puts in cash should have a copy of the ticket. And if the person responsible for buying the ticket also plays the lottery regularly on their own, tickets that are meant to be shared with co-workers should be clearly identified. “You really want to eliminate any possibility of someone saying ‘I should have been included and was not,’” says Kahn.

There should also be a provision for vacations, since even loyal participants in an office pool might miss one particular drawing, Kahn says. Set up a system where people can put in their contribution before they take off on a trip or if they should just stay out of the ticket that week, he says. Last spring one worker in New York missed out on his share of a $319 million jackpot because he didn’t have the two bucks to put into the pool.

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Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 10)

View all Comments »
    • Someone is already begging for money and it’s hours before the drawing. It would be nice to win, but I would only want to win if I could remain anonymous.

    • The expected value is not 1:1 after a cash payout and taxes. It is more like 23 cents.

    • http://zapit.nu/1zg
      we need Help, So Plz help us,….. :) This money will be donate for Orphan child. Just click URL to help us. Ur One Click Help To Build Our Life perfectly :)

    • Good article. I wouold add the following:

      (1) It is critical to purchase and distribute the pool’s tickets BEFORE the drawing.

      (2) Someone should sign the back of the tickets in the event of theft.

      (3) Remember that in some states, only one person can claim tghe prize, which means one person will get hit with the tax implications. Create a trust or LLC so that the tax implications can be shared amongst everyone in the pool.

      (4) In lieu of asking who wants to participate at every drawing, it might be more practical to ask who wants to be a “permanent” or “regular” participant in the pool, and give people the opportunity to Opt-Out of participation one or two days before the drawing. Spares you the headache of some one claiming they should have been in the pool, and filing legal papers on the pool. Whether distributing copy of tickets on paper or email, you may want to consider adding a statement that “only the tickets purchased on behalf of the pool, as copied on this medium, may be claimed by the pool. No other tickets acquired by the purchaser of the Pool’s tickets, may be claimed by the pool.”

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

London Markets Open in:

need to know
Activision, United rally on S&P 500 inclusion
Dow industrials now up 1.2% for week
Amgen gets FDA OK for cholesterol treatment
Icahn discloses stake in Freeport McMoRan
Autodesk beats earnings expectations
GameStop tops expectations; shares rise
Bank of New York Mellon tech woes hit prices
Wall Street’s missing a closed-end bargain

The happiest — and most miserable — countries on earth
This is the happiest country on earth


What should China do to fix its economy?
What should China do to fix its economy?
Analysts dismiss fears of a China hard landing
‘Loch Ness monster’ and a mysterious rally
China fears trigger emerging market outflows

Apple closes in on Fitbit as world's biggest wearables company
Apple closes in on Fitbit in wearables

Apple to host Sept. 9 product event

How momentum investing could go out of style
Momentum investing could be going out of style

These are the best jobs for millennials
These are the best jobs for millennials


Wal-Mart explains decision to stop selling some guns

One billion people logged onto Facebook Monday in new company milestone
1 billion people used Facebook in one day


Poll shows Biden running stronger than Clinton
Republican wants more than the sequester

Donald Trump says he’s OK with raising taxes on himself
Trump: I’m OK with raising taxes on myself

Bezos is clear about what Amazon’s culture is

10 fall beers with absolutely no pumpkin in them
10 fall beers with absolutely no pumpkin in them

Sorry, Uber, but this is the end of the IPO party

Star-studded content up Netflix’s sleeve
'Mr. Robot' season finale postponed

Jim Rogers: Don’t rule out a commodity bull run
Commodities are ripe for a rebound

How the media just can’t spot economic crisis

6 ‘services’ that help hackers get rich

4 things you didn’t know could be hacked
How vulnerable are U.S. markets to hackers?


How to throw a  birthday party for under $100
Only half of Americans with kids have wills

Millennials are clueless about cellphone etiquette
Millennials realize growing up is hard to do

/conga/frontpage.html 353515

Markets »

171.98MDow Volume:
Avg Vol: 111.57M
Unchanged
150
Decliners
1105
Advancers
5358
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,655 +369 2.27%
Nasdaq
/quotes/zigman/12633936/realtime 4,813 +115 2.45%
S&P 500
/quotes/zigman/3870025/realtime 1,988 +47 2.43%
GlobalDow
/quotes/zigman/629063/realtime 2,374 +14 0.58%
Gold
/quotes/zigman/662444/delayed 1,130 +7 0.61%
Oil
/quotes/zigman/2331095/delayed 43.07 +0.51 1.20%
FTSE 100
/quotes/zigman/3173262/delayed 6,192 +213 3.56%
DAX
/quotes/zigman/2380246/delayed 10,316 +318 3.18%
CAC 40
/quotes/zigman/3173214/delayed 4,658 +157 3.49%
FTSE MIB
/quotes/zigman/1482176/delayed 22,201 +727 3.39%
IBEX 35
/quotes/zigman/2759620/delayed 10,290 +306 3.06%
Stoxx 600
/quotes/zigman/2380150/delayed 362 +12 3.46%
Asia Dow
/quotes/zigman/6959860/realtime 2,814 +61 2.22%
Nikkei 225
/quotes/zigman/5986735/delayed 19,136 +562 3.03%
Hang Seng
/quotes/zigman/2622475/delayed 21,954 +115 0.53%
Shanghai
/quotes/zigman/1859015/delayed 3,186 +103 3.33%
Sensex
/quotes/zigman/1652085/delayed 26,615 +384 1.46%
Singapore
/quotes/zigman/1709939/delayed 2,985 +39 1.33%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.00 0.15%
Yen
/quotes/zigman/16008150/realtime/sampled 121.10 +0.07 0.06%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.12%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.72 0.00 0.01%
DXY Index
/quotes/zigman/1652083/delayed 95.71 -0.06 0.06%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.21 -0.06 0.07%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.01 0.44%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.01 1.69%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 -0.01 0.29%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 -0.03 1.54%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.87 +0.02 1.11%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 0.00 0.51%
Crude Oil
/quotes/zigman/2331095/delayed 43 +1 1.20%
Gold
/quotes/zigman/662444/delayed 1,130 +7 0.61%
Corn
/quotes/zigman/7599553/delayed 376 +1 0.33%
DJIA F
/quotes/zigman/38649152/delayed 16,602 -48 0.29%
S&P F
/quotes/zigman/30356461/delayed 1,982 -8 0.38%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.51%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.73 2.54 2.91%
AAPL /quotes/zigman/68270/composite 112.92 3.23 2.94%
GOOG /quotes/zigman/30194416/composite 637.61 8.99 1.43%
BAC /quotes/zigman/190927/composite 16.44 0.38 2.37%
C /quotes/zigman/5065548/composite 53.44 1.16 2.22%
F /quotes/zigman/264304/composite 13.56 0.35 2.65%
T /quotes/zigman/398198/composite 33.44 0.75 2.29%
BP /quotes/zigman/247026/composite 33.03 1.93 6.21%
GE /quotes/zigman/227468/composite 25.01 1.00 4.16%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/233369/composite MCD+2.29%
  • /quotes/zigman/8669138/composite DWTI-28.79%
  • /quotes/zigman/247026/composite BP+6.21%
  • /quotes/zigman/30394102/composite ZOES+3.99%
  • /quotes/zigman/617037/composite UAL-1.09%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
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