Overview

• The Powerball jackpot has climbed to an estimated $1.09 billion after no winners in recent drawings, making it the fourth-largest in the game's history.
• Mega Millions jackpot for Tuesday's drawing reached $45 million, with a cash option of $20.8 million, after no one hit the jackpot in the previous drawing.
• Powerball and Mega Millions jackpots continue to grow, attracting attention with their record-high prizes and challenging odds of winning.
• Winners of large lottery prizes in the U.S. face significant tax deductions, reducing their take-home amounts substantially.
• Lottery sales contribute to various state programs, including education and property tax relief, despite criticisms of being regressive.