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Who are the richest people in New England? Forbes has a list

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Who are the richest people in New England? Forbes has a list


There is at least one billionaire living in 47 states in the country and 54 of them are now worth $1.6 trillion — with a t — up by $100 billion compared to last year, according to Forbes.

In Massachusetts, the richest person is Abigail Johnson, the chairman and CEO of Fidelity Investments, who has an estimated net worth of $29 billion, Forbes reported.

Johnson, a Milton resident, has served as CEO of Fidelity Investments since 2014, when she took over for her father. She has been chairman of the company since 2016. It’s estimated she owns a 28.5% stake in the firm, which manages discretionary assets amounting to $4.5 trillion, Forbes said.



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Massachusetts

Changes Coming to Mega Millions in 2025

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Changes Coming to Mega Millions in 2025


Mega Millions lottery tickets will more than double in 2025, but the Massachusetts Lottery says you’ll have a better chance of winning.

The Lottery says, “Mega Millions, the multi-state lottery game that has produced a record six jackpot wins exceeding $1 billion, is getting ready for a ‘mega’ overhaul with plans to be bigger and better than ever when the new and improved game launches in April of 2025.”

The Massachusetts Lottery promises “improved odds to win the jackpot, bigger jackpots more frequently, larger starting jackpots, faster-growing jackpots, a built-in multiplier on every play, automatically improving every non-jackpot win by 2X, 3X, 4X, 5X, or 10X – up to $10 million for matching the five white balls, and no breakeven prizes, meaning when a player wins they’ll always win more than the cost of the ticket.”

Five jackpot prizes have been paid out in Massachusetts since the Mega Millions game began in 2022.

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Forty-five states and two U.S. territories participate in the Mega Millions game.

Massachusetts Gamers To Pay More To Play Mega Millions in 2025

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The Associated Press quotes Christian Teja, the Massachusetts Lottery Director of Communications, as saying that “They’re constantly looking at ways to enhance the games, maybe make them a little bit different than Powerball.”

“You have probably heard about jackpot fatigue, it used to be $100 million and everybody was playing. Then it became $300 million,” Teja said. “Then it was $500 million. Now, it’s really approaching a billion dollars before you see the sales kick up.”

It currently costs $2 to play Mega Millions but the ticket price will increase to $5 in April 2025. Perhaps the lure of bigger prizes and better chances to win will overshadow the higher ticket cost.

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25 Times SouthCoasters Won $1 Million or More in the Massachusetts Lottery

Since 2006, the Massachusetts State Lottery has kept a record of every winning ticket of $1 million or more. Here are 25 sold on the SouthCoast.

Gallery Credit: Gazelle

America’s Top 10 States With The Most Lottery Wins

Just how lucky is your state? A new list has determined which states have won the most money from either the Powerball or MegaMillions in the last 10 years.

Gallery Credit: Jahna Michal





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Massachusetts lawmaker proposes legislation to regulate drones

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Massachusetts lawmaker proposes legislation to regulate drones


Massachusetts lawmaker proposes legislation to regulate drones – CBS Boston

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State Senator John Velis plans to refile a bill clarifying what exactly a “drone” is under Massachusetts law. WBZ-TV’s Kristina Rex reports.

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Ocean State Job Lot taking over 3rd former Christmas Tree Shops store in Massachusetts

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Ocean State Job Lot taking over 3rd former Christmas Tree Shops store in Massachusetts


For shoppers, sales holidays have begun to blend

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For shoppers, sales holidays have begun to blend

02:34

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NORTH ATTLEBORO – Ocean State Job Lot announced this week it is taking over a third former Christmas Tree Shops location in Massachusetts and sixth overall in New England.

Ocean State Job Lot opening in North Attleboro

The Rhode Island-based discount retail chain will open its 53rd Massachusetts store in North Attleboro after buying the Cumberland Crossing shopping center. The store is scheduled to open sometime in the second quarter of 2025. Other shops at the plaza include a trampoline park, Guitar Center, Planet Fitness and David’s Bridal.

Ocean State Job Lots says its growth strategy includes a “repurposing of former retail sites.” Old Christmas Tree Shops stores in Avon and Pembroke, as well as locations in Augusta, Maine; St. Albans, Vermont and Warwick, Rhode Island have also turned into Ocean State Job Lots.

What’s happening to old Christmas Tree Shop stores?

The last Christmas Tree Shops stores closed more than a year ago, after the New England retailer declared bankruptcy and went out of business. 

The once-popular chain known for its “Don’t you just love a bargain?” jingle began on Cape Cod 50 years ago. Not long before closures began, ownership decided to rebrand as “CTS” because some confused shoppers outside of New England thought the stores only sold Christmas trees. 

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A former Christmas Tree Shops location in Dartmouth has been turned into a “Spirit Christmas” store for the holidays. Other Christmas Tree Shops have become furniture stores, supermarkets and potential real estate development opportunities. 



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