The consensus around here seems to be 1 bulb for every 2 feet of tank length.
If you're going to upgrade to a 75 soon, then I would buy the lights for it and put them on the forty. I use the 250 watt Iwasaki, but if you can afford to buy some of the more pricey ones, they seem to be more versatile. I am stuck using 'saki 6500k because that is all my ballast will push.
The other thing to consider is that you can push a lower wattage bulb with the higher p[owered ballast. How this is appplicable to you is, you could buy, say , a 400 watt ballast and run only 175 watt bulbs on your 40. In a year or so When you get your 75 ( the bulb needs to be replaced anyway) you can pop in the 400 watt and away you go.
I have not tried doing that though, and it may not be as easy as it sounds.. I wish you luck.