This week, the top prizes for the Mega Millions and Powerball, the country’s two biggest lottery games, are approaching or exceeding $500 million.
The expected $650 million jackpot for the Monday Powerball drawing currently has a cash-out value of $328.3 million. The anticipated jackpot for the upcoming Mega Millions drawing, which takes place on Tuesday, is $480 million, with a cash-out value of $240.7 million.
According to the Powerball website, there were no jackpot winners after Saturday’s drawing for the enormous $615 million reward, which ranks as the 10th highest Powerball payout ever.
If the Powerball is won on Monday, it will rank as the 14th-largest lottery jackpot ever awarded in American history. It would also be the third-highest prize given this year, after the $1.35 billion Mega Millions jackpot granted on January 13 and the $754.6 million Powerball jackpot awarded on February 6.
For confirmation, See the tweet:
Powerball, Mega Millions jackpots $1.13 billion combined; Sunday’s Ohio Lottery results https://t.co/GH2vIHM2xP
— clevelanddotcom (@clevelanddotcom) July 10, 2023
According to the websites for Powerball and Mega Millions, 25 jackpots have totaled more than $500 million in the history of the United States.
In our earlier posts, where we covered more information regarding related news, you may learn more about them:
- The Winner Of The $2.04 Billion Powerball Jackpot For November Is Revealed
- Powerball Jackpot Rises To $1B
- No Winning Ticket Was Sold, Increasing the Powerball Prize to $1.9 Billion
At 9:59 p.m. Central time, Powerball drawings are held every Monday, Wednesday, and Saturday. The Mega Millions lottery is drawn at 10 p.m. Central on Tuesdays and Fridays. In the Powerball drawing, a Powerball and five numbers are selected from a set of numbers ranging from 1 to 69.
A winning player must match the Powerball and all five numbers to be eligible for the jackpot. There are further rewards available. A Megaball is also added after five balls with numbers ranging from 1 to 70 are selected at random.
The jackpot is won by a player who correctly matches the Megaball, all five numbers, and both. There are more prizes in the game, and tickets have a “Megaplier” option that might raise the value of those prizes.
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