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.
Your overall odds of winning a prize have also improved, going from 1 in 31 to 1 in 24. The price is still $2 for a single Powerball ticket. Jackpots will likely hit the hundreds of millions to even billion dollar range much more frequently.