Mega Millions And Powerball Combined Jackpots Reach $700 Million

Mega Millions And Powerball Combined Jackpots Reach $700 Million

Mega Millions And Powerball Combined Jackpots Reach $700 Million

The actual estimate of the grand prize Saturday night ballooned to $390.1 million.

Another ticket sold in New Jersey matched four of the five numbers and had 24 as the Powerball, meaning two tickets sold in the Garden State were a single number away from the $384 million year-end jackpot.

No one chose the numbers in the Powerball drawing Saturday night so the jackpot for Wednesday's drawing is an estimated $440 million.

There is a one-time cash option of $242.9 million.

Mega Millions goes first, with a drawing on Tuesday evening, while Powerball follows on Wednesday if there is no victor Saturday night. Both lotto games had their most recent jackpot wins in late October. The odds on that ticket were 11,688,053.52 to 1, according to the Powerball website. If there is no jackpot victor, the amount grows even larger for the next drawing. The minimum jackpot increased from $15 million to $40 million but the odds of winning decreased.

Without a victor, both lottery games have fattened, with top prizes well above $300 million.

Chances of winning the jackpot are 1-in-302.6 million. The highest Mega Millions jackpot was $656 million, which one person collected back in 2012.

Players pick five numbers from 1 to 69 in the first set of numbers.

Chances of winning the jackpot are 1-in-292 million.

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