Creation of biggest gambling society in NZ expected to cost up to 27 jobs.

Internal Affairs is banning three gambling machine foundations from giving money to four racing clubs after an investigation into grants.

An Auckland man kept a $22m winning Powerball ticket in his car glove box for two days before deciding to cash it in.

The owners of a winning $22.4m Powerball lotto ticket bought from Manukau Pak'nSave have yet to claim their winnings.

There are times when investors put money into stocks or other investments without understanding the risks.

Extra profit attributed to two major prize draws which prompted optimistic punters to buy tickets in record numbers.