Bet $2, win $1.28 B, share your blessings!
By the time you read this, someone may have won Friday’s estimated $1.28 billion jackpot in the MegaMillions lottery in the US, where a bettor pays $2 for a lottery ticket with five numbers taken from 1 to 70 and a 6th number (the Mega Ball) from 1 to 25.
Hit the six-number combination and win the jackpot, which by Friday afternoon was already around P70.4 billion (at P55 to the US dollar). If nobody got it, the ensuing frenzy of betting will push the prize soaring by the next draw on Tuesday.
The odds of hitting the MegaMillions jackpot have been calculated at 303 million-to-1. But at just $2 to buy one computer-generated ticket or one bearing a bettor’s six lucky-pick numbers, it is worth the long shot.
A Pinoy visiting the US may buy tickets from any lottery retailer. Those who are physically outside the US can ask friends or relatives in the participating 45 states, the District of Columbia, and the US Virgin Islands to place bets for them.
What to do if you hit it? You no longer have to beg, steal or borrow, or become a rotten politician to amass untold wealth. Fall on your knees and pray that that fortune entrusted to you will not ruin your life but enrich it even more as you share your blessings.
That heavy windfall crashing down on an individual could make him lose his moral balance, as many stories have told of some winners losing it all back – together with their humanity.
The winner or the ticket-holder (note the difference) gets the jackpot either as a cash lump sum upfront, or receives annual payments over 30 years, increasing by 5 percent each time as a hedge against inflation. Friday’s jackpot would amount to some $747.2 after taxes if collected in one cash payment.
Security-conscious Pinoys want to know: Can a jackpot winner claim the prize anonymously? It depends. Public disclosure laws vary from state to state. Some states require their lotteries to publicly identify winners, while others do not.
Marcos in tough balancing act
President Ferdinand Marcos Jr. raised an olive branch to the world in his first State of the Nation Address on July 25. The viability of this stance will be put to the test as the clashing interests of friends and neighbors continue to heat up.
The President needs consummate diplomatic skills to help prevent the brinkmanship game between the Philippines’ neighbor China and its treaty ally the United States from erupting into an armed confrontation with Filipinos caught in the crossfire.
There is, for one, the issue over the status of Taiwan, which US Speaker Nancy Pelosi plans to visit over the angry objections of China. Meantime, US warships are steaming to the island nation, which China claims as its province, just 520 air km north of Basco, Batanes.
As this developed, US Secretary of the Navy Carlos Del Toro told the AP in Manila on July 26 that any Asian aggressor who violates the sovereignty of other countries in the region risks punitive counteractions, just like what Russia faces now for its invasion of Ukraine.
Del Toro said that the US military focus in the Asia-Pacific region, particularly in the disputed South China Sea, would continue and in fact intensify.
Marcos may soon have to deal also with Russian President Vladimir Putin, who his predecessor Rodrigo Duterte tried to draw into an ambitious “Beijing-Manila-Moscow axis” as he clambered onto the world stage in what looked more of an ego trip than anything else.
In March, while China voted “No”, the Philippines voted “Yes” on a UN General Assembly resolution that demanded an immediate halt to Moscow’s attack on Ukraine and the withdrawal of Russian troops. It echoed UN Secretary-General Antonio Guterres’ appeal for respect for humanitarian principles to protect civilians and civilian infrastructure in Ukraine.
The Batasang Pambansa was still reverberating with the applause that met Marcos’ SONA declaration that the Philippines will be “a friend to all, and an enemy to none” when news came out that it has canceled the P12.7-billion ($227 million) deal to acquire Russian Mi-17 helicopters.
Done deals are sometimes undone for good reasons but what made the scrapping of the purchase of the Russian choppers noteworthy, as reported by the Associated Press, was the reason given by officials.
Former Defense Secretary Delfin Lorenzana, who had overseen the transaction, said that the purchase was canceled with the approval of then-President Duterte before their terms ended on June 30, because of fears of possible US sanctions.
Philippine Ambassador to Washington Jose Manuel Romualdez was also reported by the AP as saying that the deal was canceled because Manila could face possible sanctions under a US law called the Countering America’s Adversaries Through Sanctions Act if the deal went through.
The AP added that a Philippine military officer whom it did not identify said the helicopter deal would undergo a “termination process” since a contract had been signed and a down payment made.
Under the purchase agreement signed in November, the first batch of the multi-purpose Mi-17 helicopters would have been scheduled for delivery by Russia’s Sovtechnoexport in about two years.
Ironically, the same Mi-17s are among the equipment that the US is transferring to Ukraine to fight Russians. Many Ukrainians know how to operate Russian gear. Some of the choppers were taken back by the US from Afghanistan when it was about to be lost to the Taliban in 2021.