If you delay enrolling in Medicare, you can continue to stash cash in a health savings account. But this may not be a good move. By Kimberly LankfordSee my bio, plus links to all my recent stories.
Since tickets cost $2, the prize pool has to be at least ($2 x 175 million = ) $350 million before buying a Powerball ticket is what gamblers call a positive-expectation play â a bet that, statistically, will pay more than $1 for each $1 played.
Powerball is an American lottery game sold by 47 lotteries (including the District of Columbia, Puerto Rico and the U.S. Virgin Islands). It is coordinated by the Multi-State Lottery Association (MUSL), a non-profit organization formed by an agreement with U.S. lotteries. Powerball's minimum advertised jackpot is $40 million (annuity); its record jackpot was $590,500,000 won in May 2013 by one ticket in Florida (surpassed by two Mega Millions jackpots). Powerball's annuity is paid in 30 graduated installments; winners may choose cash instead.