Mega Millions and Powerball jackpots combined are worth $1.3 billion

Gladys Abbott
October 19, 2018

Lottery officials raised the estimated prize Wednesday, less than a day after another drawing without a victor increased the prize to $868 million.

Mega Millions announced a $900 million jackpot Thursday, the largest in the history of the game.

That means the jackpot for Friday's drawing is now at least $970 million, or a cash lump sum of $548.6 million, and the number will just keep climbing until some lucky person (who will most likely not be you) hits it big. When the jackpots flirt with the half-billion-dollar mark, state lotteries don't even feel the need to advertise, he said.

The sales cut-off for Mega Millions is at 10:44 p.m. EDT Friday, Powerball is 9:58 p.m. EDT Saturday and Hoosier Lotto is 10:39 p.m. EDT Saturday. Now, the Mega Millions jackpots grow and grow, creating huge prizes with infrequent payouts. Check your state lottery's cutoff time for Mega Millions ticket sales if you want a chance at the jackpot.

One Powerball player in MA woke up a million dollars richer Thursday morning. Players get five numbers from 1 to 70 and one Mega number between 1 and 25. The odds of winning the jackpot are now 1 in 302,575,350.

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You must match all five numbers plus the Mega number to win the grand prize.

"It really draws in what we call the infrequent player", says Johnson. "Problem is someone else may be a victor of the jackpot", Odlyzko said.

The Mega Millions jackpot has been accumulating since July 24, when it was won by a California office pool of 11 co-workers who shared the $543 million, making it the largest prize ever won on a single ticket in the game.

Every lottery ticket buyer believes that, and why not?

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