Affluent Savvy
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Do you need all 6 numbers to win Powerball?

To play, you must pick five numbers from 1 to 69 and a Powerball number from 1 to 26. If the six numbers you choose match those drawn, you win the jackpot.

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When is the next Powerball draw and where can you buy tickets?

The next Powerball jackpot drawing takes place at 10:59pm ET Wednesday Dec, 14. The estimated jackpot now stands at $134 million, with a cash value of $72.3 million.

How to play Powerball

A regular Powerball ticket costs $2. To play, you must pick five numbers from 1 to 69 and a Powerball number from 1 to 26. If the six numbers you choose match those drawn, you win the jackpot. Steadily smaller prizes are also available if some, but not all, of your numbers come up (see below).

Power Play, Double Play

For an extra $1, you can add what’s called a Power Play. This multiplies winnings by two, three, four, five or 10, depending on the multiplier number picked out of the hat before the draw itself takes place. Power Play isn’t applied to the jackpot, however, and the multiplier is never higher than two if you win the $1m second prize. In some states - Colorado, Florida, Indiana, Maryland, Michigan, Missouri, Montana, New Jersey, Pennsylvania, Puerto Rico, South Carolina, South Dakota, Tennessee and Washington - you can also pay $1 for a so-called Double Play. This option sees players’ numbers added to a second draw after the Powerball draw, with a maximum cash prize of $10m.

How much can you win in the next jackpot?

Five numbers + Powerball: jackpot

Five numbers: $1m

Four numbers + Powerball: $50,000

Four numbers: $100

Three numbers + Powerball: $100

Three numbers: $7

Two numbers + Powerball: $7

One number + Powerball: $4

Powerball: $4

Why are there two jackpot figures?

Winners of the Powerball jackpot can choose to receive their money as an up-front lump sum, or in annual payments spread out over 29 years. If they opt for the latter, known as the ‘annuity option’, they get the jackpot in full, in steadily rising payouts. In the case of Saturday’s draw, the payments would increase from just over $2.5m to around $10.5m. If they go for the lump sum, they get the smaller ‘cash value’ figure. Explaining the difference between the two jackpot amounts, the Powerball organisers say: “The annuity is invested in government bonds over 29 years, allowing payments to increase by 5% each year.”

Remember that winnings are pre-tax.

What are the odds of winning the Powerball jackpot?

According to Lottery USA, a single ticket has a one in 292,201,338 chance of matching five numbers and the Powerball. Your odds of getting five numbers without the Powerball are 11,688,053.52 to one.

Where can you play Powerball?

Currently, the following states, territories and federal districts participate in Powerball: Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, the District of Columbia, Puerto Rico and the US Virgin Islands.

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What are the four types of wealth?

THE FOUR TYPES OF WEALTH THE RISKS OF A ONE-DIMENSIONAL WEALTH PERSPECTIVE. The proverb “shirtsleeves to shirtsleeves in three generations” is pervasive across many cultures. ... Self (Human Capital) ... Relationships (Social Capital) ... Values (Cultural Capital) ... Money (Financial Capital)

THE FOUR TYPES OF WEALTH

Research shows that families that have sustained wealth over more than three generations often have a different view and definition of wealth1. These successful families see wealth from four different perspectives, of which money is only one.

THE RISKS OF A ONE-DIMENSIONAL WEALTH PERSPECTIVE

The proverb “shirtsleeves to shirtsleeves in three generations” is pervasive across many cultures. It effectively communicates the concept that the wealth created by one generation is seldom sustained through another two generations. These families often don’t consider the other types of wealth that exist beyond money and their importance to long-term sustainability. Successful multi-generational families treat money as an important tool, but not the only one. They also focus on recognizing and nurturing other types of wealth; self (human capital), relationships (social capital) and values (cultural capital). This development is critical in successfully transferring wealth from generation to generation. Our goal at TFO Phoenix is to help you develop the four types of wealth that can help your family endure.

Self (Human Capital)

Confident, self-assured, intellectually engaged, intellectual capital, resilient, productive and happy members of your family.

Relationships (Social Capital)

Feeling connected, sharing your dreams, finding partners, engaging in your communities, finding solutions, overcoming challenges and making a difference are much more apt to happen with a strong network of quality relationships.

Values (Cultural Capital)

This may be the most difficult type of wealth to define, build and nurture, but it’s the most rewarding and enduring. It brings family members together to be a family.

Money (Financial Capital)

The most typical, but also the most narrow, definition of wealth is financial capital –the family’s bottom line.

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