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tv   The Willis Report  FOX Business  February 11, 2015 5:00pm-6:01pm EST

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liz: should let everybody know retail sales number comes out tomorrow. fox business will have it. todd could colvin. david: happy you could join us. appreciate you coming. come back to he sues tomorrow. liz: we'll be right here. right now "the willis report" is next. gerri: hello everybody i'm gerri willis and this is "the willis report." the show where consumers are our business. president obama and staples at war over obamacare. >> when i hear large corporations trying to blame our interest in providing health insurance as an excuse for cutting back workers wages, shame on them. gerri: does the president have his fact the right or wrong on this issue? millions of social security numbers are stolen every year with it, people's tax refunds. what happens if your tax refund is stolen? we'll investigate. everything you knew about cholesterol could change. what's in the new government guidelines on cholesterol mean and are the feds just causing more confusion? >> we are not getting the
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information out appropriately so patients are confused and they don't know what to do. gerri: also we're digging into a new report upending the conventional wisdom on wages. exactly when does your earnings potential peak? lottery fever nationwide. the powerball jackpot near $500 million. >> yeah, i think you have to be in it to win it. we'll definitely get a ticket. gerri: we have the man who says he won seven times. so what is his secret? all that and more, coming up on "the willis report," where consumers are our business. ♪ gerri: we begin tonight with president obama slamming the office supply store staples over obamacare. in an interview with buzzfeed obama criticized staples for cutting hours for part-time workers to avoid paying for their health care but it seems the president doesn't have his facts straight. here with answers, guy benson senior political editor townhall.com.
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good to have you here. >> hey, gerry. good to be back. gerri: this story blows me away. what do you think of president obama, hear what he says about staples, what they're doing with their employees. listen this. >> i haven't looked at staples stock lately or what the compensation of the ceo is but i suspect that they could well afford to treat their workers favorably. shame on them. >> so at issue, whether staples was limiting workers hours so they don't have to pay health care fines. tell me what you think? >> well there are two issues here gerri. the first one is he is saying staples is blaming the affordable care act explicitly for this change in policy this is not a changed policy on their end. it has been in place a number of years that predates the so-called affordable care act. it is fair to argue that they are now enforcing that policy more urgently because of employer mandate and huge expense that entails for large employers like staples.
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but the weird thing is, you didn't play this part of the clip, but people go online to buzzfeed and actually watch it, he complains that staples management is somehow blocking employees from getting obamacare which is exactly backwards. they are not blocking their employees from getting obamacare. they are in fact encouraging their employees to go on the exchanges and individual market and purchase plans through obamacare by not providing health care costs in their health care coverage for their employees. they're actually sending them over to obamacare where things are supposedly great and inexpensive and wonderful. although they're not. exactly. gerri: exactly right. the other weird part of the sound that we played is the president talking about how ceo of staples must make a lot of money and the stock is doing really well for investors. okay, give you this, pardon me wrong number. the staples ceo does make a chunk of change but is that really issue here
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$10.8 million? >> that is sort of a typical misdirection by the president saying look at this rich person over here and couldn't they -- look, it is up to the board and shareholders to make a decision whether or not the ceo is doing a good job for the company and ceo compensation is based on market and performance or at least it should be but when you look at profits he also cites for staples profits are not this magical thing that just disappear or go straight to fat cats. profits are what pay dividends for shareholders. the company has an obligation to their shareholders, a fiduciary responsibility to maximize profits. they also owe that to their employees because if you then start complying, the reason that they're holding these worker hours down and capping them at 25 hours, is they don't want to incur the huge expenses that would come with the employ every mandate kick in at 30 hours. so they're scaling back. employers wages which means that the employees, rather have less money to take home and buy obamacare. that is sort of like a separate
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issue here but for staples if they were to take on that massive, massive cost, that would not just happen in a vacuum. it would affect shareholders of course. it would also affect employees that would be laid off, stores that would have to close and consumers who would pay more for staples products. all that money has to come from somewhere. gerri: quickly before you go i find this is the problem were this administration, they call out companies by name all the time. >> yep. gerri: president recently called out sony. now they're calling out staples. these are people you're hoping that will create a few jobs and hire a few people and make this economy go. but when you do this, it has a chilling effect. >> i mostly actually agree with him on the sony thing but that was completely different issue, freedom of speech, bowing to the terrorists and north koreans, but in this case it is so galling, i think, gerri to look at the president, shame on you to a company that is simply trying to live out the realities
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caused and exacerbated by his own policies. he is like saying hey our policies are good no matter how they reflect in the real world. if the real world happens to notice the damage that our policies are doing shame on them. you know he has it backwards again. gerri: one more time, that's right, guy benson. thanks for coming on. good to see you. >> thanks gerry. gerri: we talked a lot recently about cyber hacks right? well a slew of them could cost you your tax refund this year. since november 2013 there have been at least five cases involving the theft of tens of millions of social security numbers, precious data for cyber thieves to steal your identity and cash in on your money. this is the time of the year they do it because it is tax season. so what can you do if your tax refund has been stolen? joining me now tax expert, the author of how to win your tax audit. dan, thanks for coming on the show. i guess irs will not do too much
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to help you, right? tough to actually get the internal revenue service on your side. let's start with the other side of this proposition if we could though. what is information hackers need to steal your identity and hijack your refund? >> wealth single most important thing, gerri, of course is the social security number and your name. of course when they get information from your bank account or, steal it through the mail, however they get the stuff, they get the critical information they need. once they got that social security number that's the key into the system to steal whatever they can steal. gerri: all they really need is your name and social security number two pieces of information? >> pretty much. gerri: they don't have to have your bank account. they can put a p.o. box address on this thing. they can make up virtually everything else on the tax form. let's get to meat and potatoes here. if you're in one of these people you're in a situation where you find out somebody already applied tax refund and got your money, what do you do? >> first thing you need to do, gerri, need to be aware of document irs form has identity
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theft affidavit. this is irs form 14039. and it is an affidavit that allows you a document that allows you to submit a statement to the irs that in which you state that you either believe you have been hacked or had your identity stolen or that in fact it was stolen. once you do that the irs will set up separate account for you. they're going to give you a separate identification number. gerri: a pin number right? >> pin number exactly right. they will give you a separate number that allows you to file future tax returns under that number until you get the situation straightened out. very important to use the identity theft affidavit if you start down some road without doing that, who knows where you will end up, except i will tell you won't fix your problem. gerri: i interviewed accountants about this very thing. what they say to me, gerri it may take you years to irs listen to what is going on. i heard of cases where people
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bring in social security number deeds, to their house so that you can see where they actually live. the scam works like this. so, what they're trying to do essentially is get the earned income tax credit plus your refund. >> that's right. gerri: they will claim that the address is p.o. box somewhere where you're not. that you have a bunch of kids that you do not. and, it is easy enough for them to get your refund plus a earned income tax credit. they will maintain that you make a certain amount of money like $50,000, $60,000 so you get the eitc. >> income is typically under the earned income cap, correct. gerri: so -- >> but here as the thing gerri. this identity theft affidavit is relatively new form. look not my job to defend the irs. i've been nation's leading taxpayer rights advocate more than 30 years going on 35 years. i never accused irs telling the truth when it comes to taxpayers rights. the irs doesn't tell the truth
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regarding taxpayers rights. in all fairness they're behind the curve because it is becoming such a big problem. they're starting to get on top of this now. this identity theft affidavit, something only been around for about a year. this is where you start -- gerri: they create their own problems because they stroke that check for the refund before they even get the corresponding w2 information from your employer. they're assuming you got it right. >> no, wait a minute now. no gerri, not my job to defend the irs and i don't want to be in a position of defending irs here but the fact of the matter is, the fact of the matter is, irs processes over 2 billion information -- gerri: feel sorry for them. isn't that what we set them up for, come on. >> gerri don't misunderstand me. i don't feel sorry for them either. this is the system they created. this is what they wanted. this is what they have, all right. they asked for it. they got it. i recognize that. all i'm saying now is that they're starting to get on top
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of this a little bit. gerri: starting. >> but you as taxpayer have to be more -- let me tell you number one tip. gerri: first step all it take. >> number one most important thing a citizen can do to protect themselves. in my book in my book, how to win your tax audit i have a section in there shows you how to get access to file irs keeps on you. called individual master file. a transcript of your account. if citizens monitored that, gerri, on regular basis is very easy to get it. if you monitored that on regular basis you would know exactly what was going on with your account. you would know exactly whether there was a fake return filed on your behalf. whether there was fake w2s or 1099s filed on your behalf. would know whether the irs issued a bogus refund. you have to monitor that account. i show that how 20 do in the book, how to win your tax audit. it is laid out there including identity theft affidavit. gerri: dan, we have to come back. i appreciate your time. thank you.
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>> my pleasure. thanks for having me. gerri: we have a lot more to come this hour. the house voting on the keystone pipeline bill. details in a few minutes here. take a look at. that expected to pass and to straight to the president's desk. we'll have the final vote tally after the break. also a seven-time lotto winner shares his tips on how you can win tonight's half a billion dollar powerball jackpot. does he really have a secret? we'll find out. experts say this is the year of the health care hack. how can you protect yourself? one state attorney general has some answers coming up. ♪
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gerri: welcome back. we have some breaking news for you. the keystone pipeline legislation we talked about so much over the last, goodness, gracious two years passing the house. 29 democrats voting in favor of it. one republican voting against. you see the yeas and nays on the screen of the just happened right now. now it goes to president's desk.
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in short order. it will be on president obama's desk and that is where the pedal hits the metal. we'll find out if the president will veto that. what his action will be. keystone pipeline passing the house. it has been you there senate. now to the house. on to the president. we'll continue to follow that. meantime health insurer anthem is under fire from attorney generals from 10 states over well, a failure to communicate. it has been a week since the massive data breach affecting up to eight at this million people broke. these -- 80 million people. these folks have not heard directly from the company. with more on this the connecticut attorney general. thanks for coming on the show. we appreciate your time. tell me what is your beef with anthem tonight? >> actually this afternoon, anthem did respond to us. we're grateful that they did. about 2:30 this afternoon they sent a letter to me where they detailed the rollout of the, for identity theft protection and
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credit monitoring that will begin on friday. that is welcome news indeed. i think to anthem's credit they came out early they self-identified when they learned of the hack. then they, tripped up a little bit in not communicating clearly to consumers what their plans were for a rollout going forward but they have done so. >> george, this is hitting, you think this is adequate, getting back to consumers, a week later? or would you like to have seen it sooner? >> i think i wish it could have been sooner. gerri: right. >> i don't know, you know, the infrastructure for 70 plus million consumer rollout is indeed challenging. the next big question implementing rollout effectively so consumers don't spend excessive time on the phone. starting friday who are currently anthem customers, who have been anthem customers can go to anthem's website in theory to get some relief. gerri: let's go over some
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details. to me this is probably one of the most significant hacks we've seen to date because they got social security numbers. >> exactly. gerri: which is the big kahuna stealing your personal identity. people are really at risk here. your office has been inundated with phone calls with people who are or worried. george, people don't understand if they're even clients of anthem, maybe their insurance coverage carry as different name. there are lots of brand names out there. tell us about that. >> people should check their insurance to make sure they're not, to see whether they are anthem customers or if they have been a anthem customer they should also visit the website. when in doubt check the website and again we'll be monitoring it very closely to make sure the rollout is, performs well. gerri: what would you tell people to do besides checking the website, making sure whether or not they're customers of anthem? what else should they be doing right now to protect themselves? >> they should check their bank statements and credit card statements to, so there is no
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unauthorized activity. they should do that on a regular basis. but most important thing will be to sign up starting friday for credit monitoring services and for identity theft protection services. also keep in mind that, anthem is offering a million dollar identity theft protection. gerri: million dollars? for anybody who can prove identity theft? >> that that is in the letter and we're awaiting details but anthem is trying. gerri: wow. >> but again proof is in the pudding. gerri: that's completely right george. we'll have to wait and see what happens. hope you come back to talk to us more about it. >> be happy to. gerri: sound like the company will say we will financially stand behind people if you get in trouble. appreciate you coming on the show. appreciate your time. >> take care. gerri: freezing your credit information is the best way to go if you're worried about that. coming up later in the show why that job in your tos
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might have -- 20s might set your income for the rest of your life. the feds are set to backtrack on cholesterol guidelines it had in place for generations, 50 years! more details coming up after the break. yor ♪ over $98 million dollars and creating over 2100 jobs. from long island to all across upstate new york, more businesses are coming to new york. they are paying no property taxes no corporate taxes no sales taxes. and with over 300 locations, and 3.7 million square feet available, there's a place that's right for your business. see if startup-ny can work for you. go to startup.ny.gov. so,as my personal financial psychic, i'm sure you know what this meeting is about. yes, a raise. i'm letting you go. i knew that. you see, this is my amerivest managed... balances. no. portfolio. and if doesn't perform well for two consecutive gold. quarters. quarters...yup. then amerivest gives me back their
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♪ ♪ ...manage your appointments... [ dog barks ] ...and check your connection status... ♪ ♪ ...anytime, anywhere. ♪ ♪ [ dog growls ] ♪ ♪ oh. so you're protesting? ♪ ♪ okay. [ male announcer ] introducing xfinity my account. available on any device. gerri: well is humble beg to become the new super food? might be if new federal cholesterol paid lines come guidelines come to pass. fed set to drop the cholesterol in food guidelines. we have the author of the small change diet. carrie, welcome back to the show. we did the story last night. i think it is so important we had to come back to it again. a big change for a lot of people out there. explain to us in essence what it
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means. >> this is possible. it doesn't mean it is definitely going to happen, but if it does it means the recommendations for limiting cholesterol to 300 milligrams a day will be no longer. gerri: okay. here is what they actually said which is also hard to understand which is why i asked you to do it. cholesterol they say is no longer considered a nutrient of concern for overconsumption. in other words, maybe eating cholesterol does not result in lining your arteries with cholesterol. >> because supposedly what happens, when you're a cholesterol gets high in your blood, only 20% of your diet is responsible for that. 80% is probably just genetics. gerri: so it is whether or not you're the kind of person who does that or not? you don't have much control over that? >> unfortunately. i hate to say that. right. gerri: how could we have been wrong about this for so long? >> i wish i had the answer to that. >> you're a nutritionist. >> for nutritionist, i was telling it was okay to eat eggs.
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okay to eat shrimp and lobster. it was not the lobster bad for them. possibly all the butter that they were dipping the lobster in. gerri: part i really like. so i will give awe list of foods. >> okay. gerri: that are high in cholesterol and you tell me if i should rethink them, okay? >> ready. gerri: start when cheese? >> no. but let me put it this way, a serving of cheese, one ounce a day whole fat choose totally fine. when we do too much of it. it is saturated fat we need to be on lookout for and calories come from food. gerri: don't forget the calorie count. >> yeah. gerri: hamburgers, i like hamburgers. they have cholesterol. can i eat them? >> i know you love hamburgers that is the problem. we can have a hamburger but if you throw on bacon throw on the cheese, now you're putting way too many calories and saturated fat on it. gerri: fried chicken, forget about it. >> exactly. nothing changed in that regard. gerri: eggs in moderation. >> egg a day totally fine.
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want an omelette. the whole thing what you have with those eggs. most people like the home fry, bacon, white toast. now we're getting into whole another conversation. gerri: chicken liver? >> on occasion. i don't know many people who love it. gerri: shrimp? >> shrimp is great. low in calories. >> of course butter, butter. >> no. gerri: quickly before you go you mentioned that they might start thinking about some other things. >> right. gerri: they have previously been negative. >> this happens every year. i should say every five years. according to new science. might be looking into sodium again. they might be looking at red meat and processed meats. >> yea. >> don't get your hopes up. gerri: thanks for coming on. good to see you. >> you're welcome. gerri: later in the show chris wallace and his wife lorraine share recipes from her new cookbook that your entire family will love. next, many millenials use 20s finding themselves bouncing from job to job. a shocking new study, that your 20s could shape your lifetime
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earning potential. stay with us. ♪
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the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer,
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that's what i'd like to do. ♪ gerri: welcome back to the willis report. in a moment, a look at a shocking new study about wage growth. but it's time now for a look at other stories in the news. president obama is asking congress to formally authorize military force against isis. obama says the group could pose a threat to the us homeland if congress doesn't appear the resolution. and the irs apologizing for seizing bank accounts from business owners who routinely made deposits of less than $10,000 to avoid federal reporting laws. it's a felony to structure deposits in this way. in some cases, they held bank accounts for years without bringing charges. interest rates continue to rise. the margin bankers
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association says its index of activity fell 9%. meanwhile, fixed 30 year mortgage rates are at the highest level in about a month. (?) united airlines was offered flight from new jersey to london for as low as $75. after they used a faulty exchange rate. you could get the low price and travel the second week of november. no word if united will honor the tickets sold under the wrong rate. those are some of the stories in the news tonight. the wage study is the new study from from the new york federal reserve. your lifetime earnings are more likely determined in your 20s. it was a comprehensive study covering 5 million workers over nearly 40 years. but is it true your earning potential peaks soon after you start working. john lonski. john this seems contrary to conventional wisdom that you would earn more earlier and then flatten out. >> it makes absolutely no sense, as you
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mentioned. it could be that whoever interpreted this story misinterpreted the findings of the study. i mean, for the most part what happens is, if you're a professional, your peak earning years will be in your 40s early 50s, middle-age. after that, your salary may flatten out. but it probably won't decline by much. >> let's look at the numbers in the study. earnings for the average worker from age 25 to 55 go up 38% that is. earnings for the top 5% in that same age range up 230%. what is this telling you? >> one thing is telling me if you don't have much in terms of skills, if you're a manual laborer, it's conceivable that your salary, your wage will decline as you get older for the simple fact that you can't work as much as you did in manual labor when you were younger. >> i agree with that. i think it has interesting implications
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for millennials too. these are folks that entered during the recession. they would have started at a lower wage than intended. maybe it won't get better. >> big risk. if you're selling coffee or in retail, you want to be sure that at the same time you're improving your skill set. maybe you're going to a community college. maybe looking for a graduate degree. whatever it is obtaining skills that will be helpful later in life. i wouldn't give up all that at an early age if you're aggressive, you have the energy, you'll probably make out just well over time. >> they had a lot of data points. it's not a case where they do a phone survey. they talked to a thousand people and it was done. this was long-range. many many years. is it possible that they just misunderstood the numbers they got? >> it's possible.
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maybe an aggregation problem they're having with this data, that they're finding the average for whatever reason the average worker is pulling down the overall performance. i wouldn't worry too much about it. however, i would note that as you have less in terms of business start-ups. fewer small companies then we have less long-term opportunity for those young workers who are not being hired by blue chip companies. gerri: look, you're a brilliant economist. know what you're talking about. what's your advice of this study? maybe it's flawed. but do you see relevant value for people out there? >> one thing, you want to be flexible when we're young. if we have a major that isn't paying off, get additional skills. for the overall economy we demand flexibility. we want the government to have laws and taxes in place that allow for as much small business flexibility as possible. if you take that away,
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you are going to harden up the arteries for the labor market very quickly. and you do not want that -- gerri: and the wage you earn is the wage you'll earn at 35 and 40. >> my pleasure. gerri: fox business viewers love our new hit, "strange inheritance." jamie colby visits a familiar that has turned a massive collection of rust covered automobiles into serious profit. >> there's 220 of them. they're mostly american cars. they're pre-war. which is pre-1940. start of world war ii, they limited productions. you could only get one from a ration coupon. >> they make plans for a one-day auction on the salvage lot. word begins to spread. stewart soon learns that's not altogether a good thing. >> "strange inheritance" airs monday through
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thursday, 9:00 p.m. eastern on the fox business network. gerri: all right. coming up, tonight's powerball jackpot is the third largest in the history of the game. seven time lotto shares his tips. what should you do if you win the lottery? we answer the question. how do you do that? how to protect your windfall? he's your consumer gauge with the numbers that mean the most to you. we'll be right back. ♪
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gerri: are you feeling lucky? the powerball jackpot is jumping to half a billion dollars ahead of tonight's drawing. it's the third biggest
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jackpot in powerball history. we took to the streets of new york city to see if americans are snagging those last-minute tickets. >> are you playing the lottery? >> oh, right now. i'm about to go play my ticket right now. >> we just heard about it now and we realized how much money it is. we're going to the store and get a ticket for it. we don't have stuff like that at home. >> i'm not playing a lottery. it's a poor man's tax. >> the government will take their cut. 500 million. they might take 485 of it. >> half. [laughter] gerri: don't you love him, he's so right. the government will take all of it. if you're thinking about a last-minute ticket. are there secrets to picking the number. we're asking a 7-time grand prize winner. richard, thank you for coming on the show. you're the man. and you have to tell us. is it luck or is it skill that makes you win?
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>> it's absolutely skill. luck has nothing to do with this. people who rely on luck are fooling themselves. gerri: people who rely on luck. so okay give us the strategy so we can do it too. >> well, one of the things that i stress really strongly is when these jackpots get these high happened three or four times now. don't get wrapped up in this or get lottery fever. yes, definitely buy tickets. as the old saying is you have to be in it to win it. don't spend money you can't afford to spend. don't spend grocery or rent money. figure out what you can afford to spend and then buy the tickets based on your budget. >> don't your odds get worse the bigger the jackpot is because more people play. >> everyone is playing against the house. not against each other. it doesn't matter if ten people play or
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10 million people play. your odds are still the same. gerri: that's the problem. your odds are terrible. just terrible. >> oh, yeah, they are. winning powerball one in 175 million. that's insane. but the only difference -- gerri: how do you do it, my friend? so do you get a computer-generated number? 80% of the people do that. use the same number over and over? >> i -- i absolutely tell people do not buy quick picks. and people do win with quick picks yes. but here's the big thing they don't tell you is that more people win with quick picks than those who play their own numbers, but there is millions more people that lose with quick picks than there are the people that play their own numbers. gerri: to get the details. we'll have to read your book. that's what i'm feeling. am i right. you won't give us the secrets to the kingdom
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are you? >> there's some things i can tell you. if you play your own numbers, in my own book, i teach you how to do the research. to make sure the numbers you've chosen is a good set. the two most important things to is never change your numbers and never miss a draw. gerri: best number, worst number? what are the best and worst number? [laughter] come on. >> i can't do that. i can't do that. but it doesn't exist. that's what people think. they think there's a magic way to pick numbers out of the air to pick which are the good numbers and bad numbers. that has nothing to do with it. if you have to pick six numbers out of 49. write one through 49 on the wall and throw darts on it. the first six numbers you hit, you can write those down. if you follow my method and do the research, you'll find out if that's a good set of numbers. if it is, go back to those two basic rules. never change your
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numbers and never miss a draw. gerri: thank you for coming on. a pleasure. >> it's my pleasure. thank you always. gerri: all right. it's the 175th chance that you snag a ticket. how do you manage the money if you win it? partner at us financial services al. al, are you playing, my friend? >> i have to tell you something, i normally don't play because i'm one of those guys 20, $30 million just isn't enough. gerri: you've already got that. [laughter] >> that 500 million. not only did i play. i formed partnerships. i have the allen/gerri partnership. we're sharing this. gerri: i have to tell you, i never buy these. >> you may want to call the fellow before me and ask if those are good numbers. gerri: i couldn't tell. but looks like a nice ticket. you did a good job. thank you for that.
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if we win, what should we do? >> i think, first of all, as one of the folks said before you, you won't win $500 million. you'll have a choice between lump sum, which is about 370 million before taxes. after taxes maybe 222 million. or $11 million for the next 30 years. gerri: which do you do the anewty or lump sum? >> it depends. the lump sum makes sense. 11 million times 30 is 330 million. 220 million up front to grow to 330 million over 30 years only one and a quarter percent. if i can manage my own money, take the lump sum. however -- gerri: let me tell you. i'm getting a phone call from everybody i ever met in my entire life, and they all want the money. >> here's the problem. even if you get an newtty you'll get phone calls. these are people who get
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inheritances. who get signing bonuses. athletes. when you have that kind of money, you have people coming up from everywhere wanting to open up a restaurant or bar. pulling at your heartstrings. it's unbelievable. >> what's the best piece of advice you can give to people, whether a huge sum of money or small sum? how do you keep yourself from frittering it away? >> take a step back and soak it all in first. then you need to get a game plan. and once you -- gerri: how do you do that? >> i would hire a couple of people. get some financial folks. financial guys accountant attorney et cetera. and hire and interview those people. and get people that you are comfortable with. but that's only one side. the other side is the emotional side of the equation. gerri: woo-hoo. >> i might hire some kind of psychiatrist shaman whatever because you'll have
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emotional ebbs and flows. and i think that's the key to managing this. gerri: you have to have two pieces of advice. one from a doc who might handle your brain. and the other one who will handle your wallet. al, we're out of time. it's great to have you here. come back soon. when we win, can we go to dinner? >> the hot dog place across the street looks like a great place. gerri: here's our question tonight. will you buy a powerball ticket? log on to gerriwillis.com and vote. i'll share the results at the end of the show. we have the recipes that are sure to bring your family together on any occasion. fox news sunday anchor chris wallace and her wife lorraine share their cookbook. mr. and mrs. sunday's suppers. you'll want to see that.
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♪ >> dinnertime is a great time to bond with family. but life can get hectic. we may not be able to dish out an elaborate meal. my next guest has a book out with simple and delicious meals that look great and taste better. joining me now is chris wallace and his lovely wife the star of this particular segment lorraine wallace. great to have you here. lorraine put out a new cookbook called mr. and mrs. sunday's suppers. the soup cookbook, big hit in our household. i made at least three of the soups. everybody loved them. great stuff. now you're out with number three. what is the star recipe in this one? >> well, there isn't a star recipe because all these recipes are my favorite. they're kind of my way of showing people how to get around their
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kitchen, to resource things out of their pantry and their refrigerator and how simple it is to get a home-cooked meal either with one skillet, one pot, one casserole dish, right to the table. the most important thing, it's always so hectic. it's to sit down with your families. >> i have to say, there are a couple of these recipes that are my favorites. they're all lorraine's children. there's a pizza pork chop. she can tell you how it's done. it's sensational. there's also an old-fashioned, down-home meatloaf. >> the meatloaf is made with turkey. turkey can be a little dry. good to put a fourth of a cup of water in there. that steams in with the turkey meat. when you pour that off you have the basics for a homemade gravy. >> that's one of the recipes i focused on.
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it's hard to make good meatloaf. i'm such a fan of cooking. i think you do a great job with these books. casseroles in these books. dishes on top or in the stove. what is your favorite way to cook? >> i would have to say bei like every way i cook. but i think skillets, it's when you're harassed. have two ingredients four ingredients can get dinner on the table in 15 minutes with a good skillet. >> the fact that i don't cook, i love it. i'm the official taster for these cookbooks. and i'm also the person who cleans up afterwards. and a lot of these are one-pot or one-skillet but in a one-cooking device meals. a lot quicker to get out of the kitchen and watching all the exciting things on fox business network. gerri: i love that you said that. this is chris
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wallace-approved. but you have to have the flavors. i notice you use a lot of pork, a lot of turkey. what are your favorite things to put together here in somebody else's kitchen. they say go make dinner now. what's your first go-to thing to make. >> i would probably go back to chicken. pound some chicken breast. take a little bit of lemon, capers, direct knowledge it through flour and make a quick chicken scallapino. gerri: you guys are empty nesters. it's all different now. it might be just a couple people around the table. is that changing the way you're cooking? >> sure. i like to also have meatless monday and throwback thursdays to make it fun still. but, sure it's probably very lean. most of us don't need high-fat or meaty things
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anymore. we have a lot of simple pastas. simple skillets. lots of fish in this book. great salmon cakes if you don't want to make crab cakes. a scampi style. have a salad. great simple green salad in here. put that on the table. gerri: i saw that. that was good. that was good. out of your soup recipe book that navy bean soup from the senate. great stuff. love that. >> thank you. gerri: chris i sort of left you as a side dish here. is there anything you want to add? >> pecan squares? >> actually she has desserts in here. she talks about these very simple light, you know, healthy eating. there's also pecan squares. one of our favorites. they're sensational. a shortbread crust to it. and, frankly between november and about,
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well, valentine's day, you know, she cuts them and cuts them again. they're like little slivers. it's like a guilty pleasure at the end of the meal to have her pecan squares. gerri: i love that. thank you for coming on. the book is called mr. and mrs. sunday's suppers. great stuff. very good cookbooks. well-written. thank you for being with us. we'll be right back with the answer to our question of the day: will you buy a powerball ticket? stay with us.
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gerri: tonight's powerball lottery jackpot is at half a billion dollars. that's the third biggest jackpot in the history of the game. we gave you advice earlier on how to handle that potential windfall if you win. will you buy a powerball ticket that's the question we asked on gerriwillis.com. 42% said yes. 58% said no. be sure to log on to gerriwillis.com for our online question each weekday. thanks for joining us.
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don't forget to dvr the show if you can't catch us live. here's my ticket. "making money" with charles payne is next. have a good night. ♪ charles: i'm charles payne, and you're watching "making money." don't let this flat session fool you. this market is eager to go higher. the dow climbed off 100 points at one point today. finished unchanged. nasdaq riding the wave of apple. whole foods. cisco, fireeye. a lot more. let's go to nicole petallides on the floor of the new york stock exchange. nicole. >> charles, we saw that back and forth action today. we saw the nasdaq squeezing out the gain. technology stocks were the shining star. right? and we'll get to apple in a moment. s&p, dow ended up lower. dow ended up lower six points. still focusing on greece.

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