Mega Millions and Powerball drawings: Two big jackpots up for grabs this week


Lottery players will have more chances this week to win huge payouts, with Tuesday's Mega Millions drawing and Wednesday's Powerball drawing offering jackpots of about $1.1 billion and $865 million, respectively.

If someone in Tuesday's drawing wins the $1.13 billion Mega Millions jackpot, they will be the winner. Fifth largest prize In the history of the game according to Mega Millions. The grand prize rose to more than $1 billion after no one won in the previous draw on Friday. The drawing is scheduled to take place on Tuesday at 11 p.m. ET.

The winner of Tuesday's drawing can choose to pay a lump sum of about $537.5 million instead of taking the full jackpot in annual payments. Both numbers are estimated before taxes.

The Mega Millions jackpot has evolved since it was last won on December 8 with two tickets sold in California. The Mega Millions jackpot was $1.602 billion and was won in Florida last August.

The odds of winning any prize in the Mega Millions drawing are 1 in 24, and the odds of winning the jackpot are 1 in 302.5 million. According to the lottery.

Meanwhile, Wednesday night's Powerball drawing offers an estimated $865 million jackpot, which will be the jackpot. Fifth largest In the history of the game. The winner can choose to win the jackpot in annual payments or a lump sum payment of about $416.1 million, both before taxes, according to the Powerball website.

The Powerball jackpot was last won on January 1 with a ticket in Michigan worth an estimated $842.4 million.

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Although no one claimed the jackpot in Monday's Powerball drawing, it still produced big winners, with tickets sold in Florida and New York winning prizes of $1 million each.

There have been thirty-six consecutive Powerball drawings without a jackpot winner. The odds of winning any prize in the Powerball drawing are 1 in 24.9, and the odds of winning the jackpot are 1 in 292.2 million, according to the lottery.

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