The Powerball and Mega Millions jackpots have reached a staggering combined total of $1.9 billion, with the Mega Millions jackpot growing to $1.1 billion and the Powerball jackpot rising to $800 million. The next Powerball drawing is scheduled for Monday, with the potential to be the sixth-largest prize in the game’s history.
The Powerball jackpot was last won on January 1st for a whopping $842.4 million in Michigan. The record Powerball jackpot stands at an impressive $2.04 billion, which was won by a lucky ticket holder in California in 2022.
On the other hand, the Mega Millions numbers are set to be drawn on Monday night, offering the fifth-largest prize in the game’s history. The Mega Millions jackpot record is currently held at $1.602 billion, won in Florida last year.
Winners of these massive jackpots will have the option to choose between a lump sum or annuity payment. The estimated prizes before taxes are $384.8 million for Powerball and $525.8 million for Mega Millions.
The odds of winning the jackpot are extremely slim, with roughly 1 in 292.2 million for Powerball and 1 in 302.6 million for Mega Millions. Despite the long odds, the lottery game has seen five jackpots over $1 billion, with the most recent winners hailing from Maine and Florida in 2023.
This huge sum of money up for grabs has generated excitement among lottery players across the country, as they eagerly await the next drawing to see if they could be the lucky winner of one of the largest jackpots in history.
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