Direct Deposit Bank Glitch HALTS Paychecks

Well it's almost Friday, the best day of the week until you read this: direct deposit bank glitch halts paychecks.

You immediately rush to your bank app to look at your bank account. You gasp, seeing that your every two week, paycheck is missing two weeks of your hard earned money. Your mind starts to race. Then you reach for your pile of stuff on your kitchen table to see what bills are due. How will the mortgage get paid? What about the two cars? As you begin to sweat you wonder now, who you call.

We are always been told to have six months emergency savings. Even if you do, having the system break down still can knock the wind out of you. We always expect the money to be there, the water to keep running, and the lights to come on.

This bank glitch is not a dream. It's a nightmare that actually happened. On November 6 a national bank glitch halted the direct deposit for a "small percentage" of customers. That's correct, no pay day for who knows how many. This actually happened to a Massachusetts friend of mine THIS week. Enough were affected to make national news.

According to AP News:

The Clearing House Payments Company said Monday that a technical error on Thursday resulted in some payment information sent to banks with account numbers and customer names masked, preventing them from being processed immediately. TCH, as the company is known, is owned by a group of 22 major banks, including Citibank, Wells Fargo, Bank of America and J.P. Morgan Chase. 

Clearing House Payments promises to clear this up right away and get those people, like my friend, paid. They also promise to reimburse those who were charged late fees because of the glitch. Hopefully, if you were affected, you should see your money soon. My friend was told, it should be there the next day.

Feeling lucky? Are you a gambler? Maybe you want to take a ride to your local casino. Here in Massachusetts there are a few like Encore Boston Harbor, Plainridge Park and MGM Springfield where you can press your luck. But maybe you don’t want to take a ride several miles to win some money. The key to winning some serious cash is right down the street at your local convenience store.

Scratch tickets are all the rage here in Massachusetts. Back in 2020, we spent the most money out of any state in the country on lottery tickets. The average lottery player in Massachusetts spent about $1000 annually on tickets. That’s about $300 more than any state. What if you knew going into that store which lottery ticket was going to win? That may take the fun out of gambling but you’d be more apt to buy said ticket correct? Well that answer is right at the click of a button. The Massachusetts state lottery has a website where they literally put the odds of winning on each ticket. Knowing this information should make you better informed before buying your next ticket. That is, if you want to win.

Odds of winning are typically printed on the back of each lottery ticket. But we are going to do the work for you. Now, as you know, new tickets are being introduced each month. The newest and latest to come to Massachusetts is the $50 Billion Dollar Extravaganza game. So, you have to make sure you’re updating your list each month because odds can change month to month, meaning the ticket that could be the best odds of winning one month may not be the best odds of winning the next. This list is up to date and current. These are the 8 Massachusetts scratch tickets with the best overall odds of winning in November.

The grand prize is $2,000,000 ($100K/YR/20YRS) and the odds of winning are 1 in 3.26. This one, like the other Cashwords, takes some thinking and actually checking your ticket OVER AND OVER to make sure you've won.

The grand prize is $15,000,000 ($750K/YR/20YRS) and the odds of winning are 1 in 3.09. A pretty straight forward ticket with winning numbers you must match in order to win. 

The grand prize is $10,000,000 ($500K/YR/20YRS) and the odds of winning is 1 in 2.94. This ticket actually ties with the $10,000,000 Bonus ticket which we will feature next. This ticket gives you 3 bonus potential prizes of $50, $100 or $200. 

The grand prize is $10,000,000 ($500K/YR/20YRS) and the odds of winning is 1 in 2.94.  This ticket ties the previous ticket with the same number of odds. 

The grand prize is $10,000,000 ($500K/YR/20YRS) and the odds of winning are 1 in 2.93. 

The grand prize is $5,000,000 ($250K/YR/20YRS) and the odds of winning are 1 in 2.86. This is another ticket that you really need to check over and over so you don't make a mistake.  

The grand prize is $15,000,000 ($750K/YR/20YRS) and the odds of winning are 1 in 2.77. I love this ticket because you can get a multiplier of up to 300 times your winning.