5 better ways to spend your money than on a Powerball ticket

The Powerball jackpot has climbed to an estimated $1.4 billion, which marks the third-largest prize in Powerball’s history, per USA Today. While that might seem like a tempting amount of money to take a chance on winning, the odds of doing so aren’t great. According to Nerdwallet, “the odds of picking all six numbers correctly are about 1 in 292 million.” And if you did end up winning, about 24% of your winnings would be withheld for taxes.

In short, even if buying a lottery ticket doesn’t cost you a fortune, there are still much better ways to spend your money. 

Pay down high-interest debt