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Mega Millions jackpot estimated at record $1.55 billion for Tuesday's drawing

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The cash payout option is estimated at $757.2 Million, the lottery said, adding that "at this level, jackpots are hard to predict with complete accuracy." The jackpot for Tuesday's Mega Millions drawing is estimated to be $1.55 billion, a record high for the lottery and among the largest-ever U.S. drawings. The drawing, which is scheduled for 11 p.m. ET, tops Mega Millions' previous high of $1.537 billion, according to the lottery. A single ticket sold in South Carolina won that prize. A Mega Millions ticket is seen as a person makes a purchase inside a convenience store, ahead of Tuesday's Mega Millions drawing of $1.55 billion, Monday, Aug. 7, 2023, in Kennesaw, Ga. Mike Stewart/AP The cash payout option is estimated at $757.2 million, the lottery said, adding that "at this level, jackpots are hard to predict with complete accuracy." The jackpot is larger than all but two other U.S. lottery drawings, a $1.586 billion Powerball in January 2016 and a $2....

Iraq announces plans for $17 billion transportation project linking Asia to Europe

Iraq’s prime minister announced plans for a $17 billion regional transportation project intended to facilitate the flow of goods from Asia to Europe IRBIL, Iraq -- Iraq’s prime minister on Saturday announced plans for a $17 billion regional transport ation project intended to facilitate the flow of goods from Asia to Europe. The announcement was made at a one-day conference in Baghdad that convened transport ministers and representatives from Iraq, the Gulf countries, Turkey, Iran, Syria, and Jordan. Iraqi Prime Minister Mohammed Shia al-Sudani said the planned Development Road project would facilitate the movement of goods from the Gulf to Europe by way of the Grand Faw Port in Basra, in southern Iraq, which would be connected to Turkey, then to Europe, through a network of railways and highways. A centerpiece of the project will be the development of the Grand Faw Port and a “smart industrial city” adjacent to it, al-Sudani said. The planned project, which would involve the con...

Biden administration announces nearly $11 billion for renewable energy in rural communities

The U.S. Department of Agriculture announced a nearly $11 billion investment on Tuesday to help bring affordable clean energy to rural communities throughout the country The U.S. Department of Agriculture announced a nearly $11 billion investment on Tuesday to help bring affordable clean energy to rural communities throughout the country. Rural electric cooperatives, renewable energy companies and electric utilities will be able to apply for funding through two programs, U.S. Department of Agriculture Secretary Tom Vilsack said during a media briefing on Monday. Vilsack said it was the largest single federal investment in rural electrification since President Franklin D. Roosevelt signed the Rural Electrification Act in 1936 as part of the New Deal. “This is an exciting opportunity for the Rural Utility Service to work collaboratively with our great partners, the Rural Electric cooperatives, in order to advance a clean energy future for rural America,” Vilsack said. “So this is an exc...