Name a stadium or buy L.A.’s priciest mansion: What winning Monday’s Powerball can get you
This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.
If you can think of it and it will be a tough task then you’re not alone. You’ve probably already heard the rumblings: “Where would I go on a $1 million salary to win a Powerball jackpot?” That’s what you’ll hear when you hear the answer.
No, it isn’t going to be that easy.
Here are some of the criteria you’ll be asked to examine and, in some cases, apply as you seek to buy your ticket to the big game.
No big spending by you. And no spending on someone else. You will have to pick up the tab.
“No high-rollers” meaning someone who pays cash are eligible to take advantage of the big ticket by paying for $2 million or more. You will have to cut up a $1 million check or $500,000 lump sum to win the $1.5 million top prize.
“A lot of money” means a million dollars or more. As much as $3 million could be available.
“Big ticket purchase” means “I have a lot of money,” or the equivalent.
“I’ll pay cash” or “I’ll have to pay cash” means you or someone else will have to pay cash for the Powerball. This often means buying or having a large sum of money on hand $5 million is not uncommon.
“Bank account” means a bank account with at least $1 million.
“High roll
