Mad Money’s Jim Cramer Advises $731M Powerball Jackpot Winner to Put 5% in Bi...
Mad Money host Jim Cramer has provided some investment advice aimed at the latest Powerball jackpot winner of $731.1 million. He recommends putting 5% of the jackpot in bitcoin alongside several other investments, such as gold and real estate. Jim Cramer Says Put 5% of Powerball Jackpot in Bitcoin Someone won a Powerball jackpot worth an estimated $731.1 million last week, which was one of the largest lottery prizes in U.S. history. The winning ticket was sold at Coney Market, a convenience store in Lonaconing, a town in Maryland. The store will get a $100,000 bonus for selling the ticket.....
Related News
The "Mad Money" host picked bitcoin as one of his hedges against the specter of hyperinflation.
Mobile lottery ticket app JackPocket has officially integrated bitcoin payments into its offering, a move that allows users to buy Powerball tickets, both for tonight’s $1.5bn jackpot and future prizes, with bitcoin. The announcement comes as the Powerball jackpot climbed to a record $1.5bn today, creating what would be the largest lottery prize ever distributed in the US. Launched in 2015, JackPocket offers a mobile app that allows New York residents to play lotteries including Powerball, Mega Millions and three New York state lotteries. In a Medium post, CEO Peter Sullivan framed the....
Mad Money host Jim Cramer has some advice on how to invest in bitcoin and when is a good time to sell. He said, “I’m a bitcoin believer,” outlining the reasons why he is sold on the cryptocurrency and why people are buying bitcoin instead of gold. Jim Cramer’s Advice on Investing in Bitcoin Jim Cramer, the host of Mad Money on CNBC, gave some advice on investing in bitcoin on Wednesday. The former hedge fund manager is also the co-founder of Thestreet.com, a financial news and literacy website. “People don’t believe in fiat currency anymore,”....
The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that are speculative.” Jim Cramer Advises Investors to Avoid Crypto The host of CNBC’s Mad Money show, Jim Cramer, offered some advice Tuesday regarding what to invest in the current market condition. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and....
Jim Cramer, the host of Mad Money and co-founder of The Street, has bought some bitcoin with the intention to keep increasing his holdings. He explained his purchase strategy and said there’s no reason not to wait for bitcoin’s price to come down again. Jim Cramer Bought Bitcoin Jim Cramer is the host of Mad Money on CNBC, a former hedge fund manager, and a co-founder of Thestreet.com, a financial news and literacy website. He tweeted on Friday in response to a comment about a dip in bitcoin’s price. “I think I will buy some,” he wrote. Cramer confirmed a few....