Michigan Could Have an Edge in Winning the $1.35 Billion Mega Millions
The Mega Millions jackpot is up to $1.35, so hopefully you’re starting to daydream about what you’ll do with all the money when you win. Will you buy a small…
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The Mega Millions jackpot is up to $1.35, so hopefully you're starting to daydream about what you'll do with all the money when you win. Will you buy a small country? Start your own fast-food restaurant? Disappear from where you live and find solace in a tropical location? Maybe all of the above?
As it turns out, a Michigander could have an edge win winning that $1.35 billion Mega Millions. That's if history repeats itself.
According to a press release from the Mega Millions, "Michigan has been particularly lucky with Mega Millions jackpots on Friday the 13th, winning four of them (June 2008, May 2011, June 2014 and October 2017). That 2017 jackpot was shared with a winner in Rhode Island." The release adds that additional "jackpots on Friday the 13th have been won in New York (March 2009) and Ohio (November 2015). None of them, however, came close in size to the estimated $1.35 billion up for grabs later this week." Big thanks to my buddy Joe Winner in Florida for the tip.
"While many consider Friday the 13th an unlucky day, it has been rewarding for Mega Millions players over the years, with six previous jackpots won on such a day," the release also states. There have been nearly 33.3 million winning tickets sold in the 25 drawings since the jackpot was last won on October 14, 2022. These include 68 worth $1 million or more, won in 24 different states. Michigan actually hasn't been one of those states. Let's hope a Michigander gets the big prize this time. The next drawing is Friday (Jan. 13) at 11 p.m. EST.
Housing costs are coming down a bit, largely because interest rates have been on the rise all year, but it's still a pretty expensive time to purchase a home. If you're looking to purchase a house, as it turns out, two Michigan cities have been ranked among the hottest housing markets in the U.S. The reason they're so hot, according to the report, is because they are more affordable than many other areas of the country.
Realitor.com has put together a list of the 20 hottest housing markets in America, based on the latest housing report. The study notes that the latest tally of the hottest housing markets are largely also very affordable markets, which is why they are so popular. "Pricey western markets have been replaced with more affordable markets in the Northeast and Midwest, which account for 17 of the 20 hot markets," the report states. "Overall, 16 of August’s hottest markets had median listing prices below the national median. The average listing price for the 20 hottest markets was $332,000 in August, 23.6% lower than the national median, the biggest gap between the metrics since August 2021. Overall, 13 states were represented on our list of top 20 hottest housing markets in August as buyers spread out to find affordable metro areas."
They also add that cost wise, prices are finally falling a little bit. Chances are, they'll fall more in the coming months. "The median national home price for active listings has finally showed signs of slowing, falling to $435,000 in August, up 14.3% year-on-year," the study states.
The states featured in Realtor.com's top 20 list this month are Connecticut, Indiana, Massachusetts, Maine, Michigan, North Carolina, New York, New Hampshire, Ohio, Pennsylvania, Rhode Island, Tennessee and Wisconsin. So, which Michigan cities made the cut? Read on for the full list of the 12 top hottest housing markets in the U.S., and find the full study with additional information here.
Top 12 Hottest Housing Markets in the U.S.
This list is via Realtor.com. The data is from August and September 2022.
12. Kingsport-Bristol-Bristol, Tenn.-Va.
Median Listing Price If Active Within Period: $289,900
Median Days On Market: 35
Viewers per Property vs US: 2.7
11. Reading, Pa.
Median Listing Price If Active Within Period: $264,950
Median Days On Market: 32
Viewers per Property vs US: 1.8
10. Springfield, Mass.
Median Listing Price If Active Within Period: $344,900
Median Days On Market: 33
Viewers per Property vs US: 1.9
9. Fort Wayne, Ind.
Median Listing Price If Active Within Period: $295,000
Median Days On Market: 29
Viewers per Property vs US: 1.8
8. Worcester, Mass.-Conn.
Median Listing Price If Active Within Period: $449,900
Median Days On Market: 30
Viewers per Property vs US: 1.8
7. Monroe, Mich.
Median Listing Price If Active Within Period: $245,950
Median Days On Market: 32
Viewers per Property vs US: 2.1
6. Portland-South Portland, Maine
Median Listing Price If Active Within Period: $550,000
Median Days On Market: 34
Viewers per Property vs US: 2.7
5. Burlington, N.C.
Median Listing Price If Active Within Period: $375,000
Median Days On Market: 27
Viewers per Property vs US: 1.8
4. Springfield, Ohio
Median Listing Price If Active Within Period: $167,400
Median Days On Market: 30
Viewers per Property vs US: 2.2
3. Rochester, N.Y.
Median Listing Price If Active Within Period: $225,450
Median Days On Market: 23
Viewers per Property vs US: 2.1
2. La Crosse-Onalaska, Wis.-Minn.
Median Listing Price If Active Within Period: $349,650
Median Days On Market: 27
Viewers per Property vs US: 2.2
1. Manchester-Nashua, N.H.
Median Listing Price If Active Within Period: $483,450
Median Days On Market: 27
Viewers per Property vs US: 3.2
