Powerball Jackpot Leaps to $550M

The Powerball jackpot has jumped to $550 million, a major climb less than a day after the latest drawing produced no winning ticket.

Arizona Ticket Holder Claims Half of Record $587.5 Million Powerball Jackpot

The holder of a winning lottery ticket bought in Arizona has come forward to claim half of the record $587.5 million Powerball lottery jackpot, the Arizona lottery said on Friday. The unidentified ticket holder shares the huge prize in the November 29 draw with a Missouri couple who claimed their prize a week ago.

Why Retirement Is Like Winning the Lottery

The new retiree has a lot in common with a lottery winner. But there is at least one major difference. If you buy a lottery ticket, you have a miniscule chance of winning. If you contribute to your retirement account, you're bound to win.

Winning Tickets Sought in $588 Million Powerball Jackpot

The search is on for the country's newest multimillionaires, the holders of two tickets that matched all six numbers to claim a record $588 million Powerball jackpot. The winning tickets were sold at a convenience store in suburban Phoenix and a gas station just off Interstate 29 in a small northwestern Missouri town.

Lottery Winners Share Lessons, Risks of a Giant Powerball Prize

For the winners of the $500 million Powerball jackpot, past winners of mega-lottery drawings have some sound financial advice: Stick to a budget, invest wisely, learn to say no and be prepared to lose friends while riding an emotional roller-coaster of joy, anxiety, guilt and distrust.

Record Powerball Result of Changes to Boost Sales

The historic Powerball jackpot boosted to $500 million on Tuesday was all part of a plan lottery officials put in place early this year to build jackpots faster, drive sales and generate more money for states that run the game. Their plan appears to be working.

Who Are the Nation's Biggest Suckers? Lottery Players

As bizarre as it sounds, 21% of American adults agreed with the statement: "Winning the lottery represents the most practical way [for me] to accumulate several hundred thousand dollars." Those 21% couldn't be more wrong.

Is 'Sou-Sou' for You? Africa's Clever Savings Pool Scheme

Have you ever dreamed about winning the lottery, or having a windfall appear in your bank account? Well, a new scheme called a "sou-sou" promises to make you a "winner" not just once, but over and over. It may be unfamiliar here, the idea's pretty old hat in West Africa. Here's how it works: