Two Mega Power Jackpots Exceed $1 BILLIONWith the recent increase of tonight's Mega Millions jackpot, there are now two Mega Power jackpots up for grabs with a combined payout of $1 BILLION!
The Mega Millions jackpot has jumped to a record $667 million with an estimated cash value of $380 million. The jackpot is the largest in the game's history and third-largest in U.S. lottery jackpot history. Plus, the Powerball jackpot for Wednesday is $345 million, with estimated cash value of $199 million.
The previous record jackpot in Mega Millions was a $656 million prize that was shared by winners from Kansas, Illinois and Maryland in March 2012. The overall odds of winning a Mega Millions prize are 1 in 24.0. Odds of winning the jackpot are approximately 1 in 303 million.
The last time the Powerball jackpot was hit was August 11, 2018 in New York. Wednesday will be the 19th draw in the current jackpot run. To date, there have been six Powerball jackpots won this year. The overall odds of winning a Powerball prize are 1 in 24.9. Odds of winning the jackpot are approximately 1 in 292 million.
Mega Millions drawings are held every Tuesday and Friday at approximately 11:00 PM. On drawing nights, wagering is closed at 10:45pm and reopened at 11:15pm. Powerball drawings are held every Wednesday and Saturday, 10:59 PM. On drawing nights, wagering is closed at 10:00pm and reopened at 11:15pm.