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2mo ago

Powerball and Mega Millions Jackpots Soar Past $500 Million Combined

No winners for recent Powerball or Mega Millions drawings push jackpots to $335M and $256M respectively, with new drawings scheduled this week.

Slips for the Michigan Powerball sit on the counter at Jazz Liquor Store on Woodward in downtown Detroit on Wednesday Jan. 6, 2016.

Overview

  • The Powerball jackpot has climbed to $335 million after no one won Saturday's drawing; the next drawing is set for Monday, March 10.
  • The Mega Millions jackpot stands at $256 million following Friday's drawing without a winner, with the next chance to win on Tuesday, March 11.
  • The lump-sum cash option for the current Powerball jackpot is approximately $150.3 million before taxes, while the Mega Millions cash option is similarly significant.
  • Powerball and Mega Millions tickets cost $2 each, with additional options like Power Play and Megaplier available to increase non-jackpot winnings.
  • The odds of winning the Powerball jackpot are 1 in 292,201,338, while the odds for the Mega Millions jackpot are 1 in 302,575,350.