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Powerball & Mega Millions Jackpots Top $300 Million At Same Time

Powerball & Mega Millions Jackpots Top $300 Million At Same Time

PB and MM LogosWe joined different lotteries across the nation in a little research this week and it’s now been showed: This is the primary time ever that the jackpots in Powerball® and Mega Millions® have crowned the $300 million mark on the identical time.

Powerball’s large prize is an estimated $307 million annuity ($193.2 million lump-sum choice) for this night’s drawing, whilst the Mega Millions jackpot is an estimated $382 million annuity ($238.three million lump-sum choice) for Friday. That ranks each jackpots within the Top 25 for each and every sport.

The incontrovertible fact that each video games are seeing large jackpots on the identical time is very bizarre, and it speaks to the unpredictable issue of lottery jackpots: You simply by no means know when the following large winner will hit.   

Could One Person Win Both?

Is it imaginable for one particular person to win the jackpot in each video games? The brief solution is: Yes. But the chances of that going on are lengthy.

The odds of successful the jackpot in Mega Millions are about 1 in 258.nine million. The odds of successful the jackpot in Powerball are about 1 in 292.2 million. (Those figures constitute the entire selection of combos to be had to play in each and every sport.) To calculate the chances of successful each jackpots, multiply 258.nine million by way of 292.2 million. There are numerous zeroes concerned! The odds of successful each jackpots are about 1 in 75 quadrillion (that’s 75,00zero,00zero,00zero,00zero,00zero).

Winning each jackpots is one thing a laugh to daydream about, nevertheless it’s most likely without equal lengthy shot. That’s why we emphasize accountable play. Have a laugh taking part in the lottery, however take into account to play along with your head, now not over your head.

What’s Behind The Numbers?

Mega Millions and Powerball are each widely recognized for his or her large jackpots however earlier than January 2010, they had been offered by way of separate teams of lotteries. U.S. lottery administrators reached an settlement again then that allowed each video games to be offered by way of all states. When extra states promote a selected sport, there’s a larger inhabitants base taking part in it. That in flip produces upper gross sales total and is helping the jackpot climb upper.

Time is also an element. The jackpots in each video games were rising for a number of weeks. The Powerball jackpot was once remaining gained on June 10 with a price ticket bought in California. It’s been rising since that point to hit its present stage. Players can purchase tickets right here in Iowa for this night’s Powerball jackpot up till eight:59 p.m. The Mega Millions jackpot was once remaining gained within the drawing on April 28, additionally with a price ticket bought in California. Players can purchase tickets in Iowa for the following Mega Millions drawing up till eight:59 p.m. Friday. Tickets bought after the ones points in time can be for an upcoming drawing and gained’t have a shot at that night time’s large prize.

Not The Biggest Jackpots Ever, However 

Mega Millions and Powerball have each observed jackpots a lot higher than their present quantities, however now not on the identical time. Powerball these days has the arena file lottery jackpot: a prize of just about $1.6 billion that was once break up in January 2016 by way of 3 tickets in California, Florida and Tennessee. The greatest Mega Millions jackpot to this point is a $656 million prize gained in March 2012 by way of 3 tickets in Illinois, Kansas and Maryland.

Updated: August 18, 2017 — 6:52 am

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