This advice, from a University of Missouri tip sheet, is typical:
“Don’t split nouns and modifiers or verb forms and prepositional phrases over two lines unless space is main consideration. Write “Faculty to vote (first line) on tenure policy” (second line).”
In this example, the headline would be more graceful if the “$1” and the “million” were together on the same line. Separating them invites a split second of misinterpretation. Did he win a dollar?