Virgin Islands Financial News

Hurricane Lee barreled over open waters Sunday night just northeast of the Caribbean, unleashing heavy swell on several islands as it regained some strength and expanded in size.The Category 3 storm is not forecast to make landfall and is expected to stay over open waters through Friday. According to the latest hurricane track from the Canadian Hurricane Centre, the storm appears to be heading toward Nova Scotia.Late Sunday, it was centered about 310 miles (500 kilometers) north of the northern Leeward Islands.

Category 5 storm of the Atlantic season.Lee was not expected to make landfall while on a projected path that will take it near the northeast Caribbean, although forecasters said tropical storm conditions are possible on some islands. Meteorologists said it was too early to provide details on potential rainfall and wind gusts.The storm was located some 965 miles (1,555 kilometers) from the northern Leeward Islands.

Known as the Zorro Ranch, a high-desert property once owned by disgraced financier Jeffrey Epstein has been sold after two years on the market

A federal judge has rejected a case brought forth by shareholders against JPMorgan Chase CEO Jamie Dimon and the bank’s board. They alleged negligence regarding warning signs associated with the bank’s infamous former client, Jeffrey Epstein.

Another Mega Millions drawing, another night without a jackpot winner

Lottery players will have another shot at a huge Mega Millions jackpot and a chance to break a stretch of more than three months without a big winner of the game

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NEW YORK (Reuters) — The U.S. Virgin Islands unveiled new accusations against JPMorgan Chase (NYSE:JPM) over the bank's ties to former client Jeffrey Epstein, including executives discussing how the disgraced late financier surrounded himself with «nymphettes.»

The Mega Millions top prize has jumped to an estimated $820 million after there was no jackpot winner in the latest drawing

While no jackpot was claimed, eight tickets managed to match all five numbers, resulting in each ticket holder claiming a grand $1 million prize. These lucky tickets were sold in various states including California, Florida, Michigan, North Carolina, and New Jersey. The upcoming Mega Millions drawing, scheduled for Tuesday, will offer an estimated jackpot of $820 million. For those fortunate enough to win, there is also a lump-sum cash option available, amounting to $422 million. This current lottery run marks the fifth-largest jackpot in Mega Millions history, with four previous occasions where the prize exceeded $1 billion. The most recent instance was a staggering $1.348 billion ticket sold in Maine back in January, while the record for the highest Mega Millions jackpot stands at an astonishing $1.537 billion, won in South Carolina in 2018. Despite the astronomical jackpot, the odds of claiming the grand prize remain incredibly slim, standing at approximately 1 in 302.5 million. Nevertheless, residents in 45 states, the District of Columbia, and the US Virgin Islands have the chance to try their luck again before the next drawing on Tuesday at 11 pm ET.

Billionaire philanthropist MacKenzie Scott’s first open call for grants yielded 6,353 applications from nonprofits — meaning candidates have at least a 4% chance of being selected for a $1 million grant

Powerball drawing did not produce any jackpot winners, leading to a further increase in the prize amount. The jackpot has now reached an estimated $1 billion, with a cash option of $516.8 million. The next drawing is scheduled for Wednesday. The estimated jackpot for Monday's Powerball drawing was $922 million, making it the third-largest Powerball jackpot and the seventh-largest in the history of U.S. lotteries. Now, after no winners bagged the Powerball jackpot prize on Monday, the jackpot for Wednesday night's Powerball drawing is set to become the third-largest in Powerball history and the seventh-highest in the history of U.S. lotteries. This remarkable jackpot prize of $1 billion follows the world record $2.04 billion Powerball jackpot won last year and the $1.586 billion Powerball jackpot won in 2016. The Powerball jackpot has remained unclaimed since April, spanning across 38 drawings. Although the odds of winning are as low as 1 in 292,201,338, Monday night's drawing did produce over 2.8 million winning tickets. These ticket holders collectively received smaller cash prizes totaling $41.7 million, as reported by Powerball officials. Had someone won the jackpot on Monday night, they would have had the choice between receiving the $922 million prize in annual installments or opting for a significantly lower lump sum cash payment, both figures being pre-tax amounts, according to Powerball regulations.

Another Powerball drawing ends with no winner, sending the jackpot soaring to an estimated $900 million

Powerball website announced an estimated $875 million prize, making it the third-largest in Powerball history. The grand prize has been accumulating since April 19 and has rolled over 36 times with most recently on Wednesday. Similarly, the Mega Millions jackpot on Friday was estimated at $560 million but will continue to grow as no major winners were selected. The winning numbers for Friday's draw were 10-24-48-51-66, with a Mega Ball of 15. Several tickets matched the first five numbers, earning $1 million each, and one ticket in South Carolina won $2 million by playing the 2x Megaplier. None of the tickets purchased for Wednesday's $750 million Powerball jackpot had the winning combination of white balls: 23, 35, 45, 66, 67, and red Powerball 20.

By Jonathan Stempel

After no winning ticket was sold for the Monday Powerball drawing, the grand prize jumped to an estimated $725 million– the seventh largest Powerball jackpot, according to a report by CNN on Tuesday.  The next Powerball drawing will be on Wednesday for the massive prize, which has an estimated $366.2 million lump-sum cash value before tax, according to Powerball. The winning numbers for Monday’s Powerball drawing were 2, 24, 34, 53, 58 and red Powerball 13.

Former JPMorgan executive Jes Staley has said in court documents that he discussed the accounts of convicted sex offender Jeffrey Epstein with the bank’s CEO — but Jamie Dimon insists that didn’t happen.

JPMorgan has turned a spotlight on the US Virgin Islands, claiming it protected convicted sex offender Jeffrey Epstein at his private compound which was based in the territory.

JPMorgan employees internally flagged Jeffrey Epstein’s large cash withdrawals two years before he was convicted of soliciting a minor for prostitution, according to new court papers filed on 12 April.

JPMorgan Chase was aware in 2006 of accusations that disgraced former financier Jeffrey Epstein paid to have underaged girls brought to his home, according to the latest allegations in a high-profile legal case.

Jamie Dimon will be questioned in a civil lawsuit over JPMorgan’s relationship with Jeffrey Epstein, people familiar with the matter said.