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Never trust a 401K Plan with a PowerBall Option

September 26th, 2010

No Powerball winner, jackpot goes to $35M

08-16-27-35-42powerball-logo

Powerball: 30

 

Players matching all five numbers and the Powerball would have won or shared the $25 million jackpot. The prize goes to an estimated $35 million for Wednesday.

Tickets that match the first five numbers, but miss the Powerball, win $200,000 each, and there were none of those.

There were no Power Play Match 5 winners.

 

Americans just love it when the PowerBall isn’t hit so they can throw away more money on this 180,000,000 to 1 longshot bet. Even the consolation bet (5 of 6) wasn’t hit yesterday night.

If all the money flushed down the toilet on these losing tickets were invested in IRA accounts, people might actually have some savings at retirement age.

 

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