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.
See also: Taxes on a $1.4 billion Powerball jackpot could be $400 million. Ticket sales stop at least 59 minutes before the drawing, but may end sooner in some states. Wednesdayâs estimated jackpot is easily the largest ever for Powerball, surpassing the record $590.5 million won in May 2013. Lottery officials initially said the pot would be an estimated $1.3 billion, but have since boosted it twice, most recently to $1.5 billion on Tuesday morning.