Powerball jackpot increases again to $1.5B on strong sales

When someone hits the winning combination and claims the jackpot, it is reset at $40 million, but the last time this happened was on November 4.

So Powerball is not the lottery to play if you care about making a good investment. “You don’t have to be a USA citizen to buy a Powerball ticket, as long as you’re buying your tickets at an authorized retail location, then that’s fine with us”.

The clerks on the other side of the counter, however, have a different wish.

“I have a limit – $3”, said Ervin Pope, 52, of Detroit, a cook for the Bob Evans restaurant in Chesterfield Township.

Here’s why: Your expected return on a $2 Powerball ticket is equal to just $1.05, according to Victor Matheson, professor of economics and accounting at the College of the Holy Cross in MA. Tell them no. If you are close to them, you already know who needs help and what they need.

The frenzy over a lottery draw that could make someone a billionaire has reached every corner of the world, from Australia to Russian Federation. And 4.25% for MI is better than MA, with a 5% state income tax or Maryland at 8.75%.

Fortunately, if you live in Pennsylvania, you are in one of the 10 states that doesn’t tax lottery winnings. And don’t even think about relocating.

But there will be a victor, or multiple winners, eventually. But if you miss that coveted Powerball, you can still win a million dollars.

The inquiries include many myths and misconceptions about the winners, the prize money and the system that decides them.

Nebraska Lottery Spokesman Neil Watson said it was a great week.

Here’s the theory: Buying more Powerball tickets increases your odds of winning.

“A lot of people from Windsor are coming for this”, Cote said. If you buy 100 tickets, you can expect to lose $95. That’s what they normally buy in a full day.

Any tips? Not for winning, but for getting more cash if you do win. Tens of millions might be thinking about it, but one or a few people actually should win. They get $50,000 for four white balls and the Powerball, or if you hit the five white balls but not the red Powerball, you get a $1 million “consolation” prize. The so-called jackpot fatigue was another reason for concern, with players being more likely to ignore major lotteries in the wake of a jackpot reset. Seriously though, it’s basically impossible you can randomly pick that many numbers without a repeat.