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ATLANTA – The Mega Millions and Powerball jackpots have both increased over the weekend, for a combined total of $ 999 million.
Tuesday's Mega Millions jackpot rises to $ 654 million, the second-largest jackpot in game history and the fourth-largest jackpot in US history.
The Mega Millions jackpot has risen since July 27 and has been launched 23 times.
Wednesday's Powerball jackpot is $ 345 million. This jackpot has increased since August 15 and has been launched 18 times.
"The big jackpots are exciting for our players and contribute greatly to the lottery-funded HOPE scholarships, as well as to Pre-K," said Gretchen Corbin, President and CEO of Georgia Lottery. "Every time you buy a Mega Millions or Powerball ticket in Georgia, you invest in Georgian students."
STORIES TRENDS:
If there is a Mega Millions jackpot winner Tuesday night, they will have two payment options. The winner can receive the $ 654 million annuity price paid as an immediate payment, followed by 29 annual graduated payments or the cash option, which represents approximately $ 372 million.
If a Powerball Jackpot winner was won Wednesday night, they will have two payment options. The winner can win the jackpot of $ 345 million over 29 years in 30 progress payments or the cash option, which represents about $ 199 million.
You can watch the Mega Millions draw every Tuesday and Friday and the Powerball draw every Wednesday and Saturday LIVE on Channel 2 at 11pm.
MEGA MILLIONS QUICK FACTS
- Date of draw: Tuesday
- Estimated jackpot amount: $ 654 million
- Annuity Amount: The Jackpot Prize is paid as an immediate payment followed by 29 annual graduated payments.
- Amount of the purchase option: about 372 million dollars
- Cost to play: $ 2 per piece; $ 1 extra per piece for Megaplier; $ 3 for only the jackpot
- Drawings: 23h every Tuesday and Friday LIVE on Channel 2
- General risks of winning a prize: around 1:24
- Chances of Winning a Jackpot Prize: approximately 1: 302 million
- Start date of the jackpot: July 27
- Number of rolls: 23
- Last winning ticket: July 24, 2018 – $ 543 million (California)
- # 1 Mega Millions Jackpot: $ 306 million as of March 30, 2012 (Illinois, Kansas and Maryland)
FAST FACTS OF POWERBALL
- Date of the draw: Wednesday
- Estimated jackpot amount: $ 345 million
- Amount of the annuity: Jackpot price paid over 29 years in 30 progressive payments
- Amount of the purchase option: about $ 199 million
- Cost to play: $ 2 per piece; $ 1 extra per game to add Power Play Multiplier
- Drawings: 23h every Wednesday and Saturday live on Channel 2
- General Probabilities of Winning a Prize: approximately 1: 24.87
- Chances of winning a jackpot: around 1: 292 million
- Date of the start of the jackpot: August 15th
- Number of rolls: 18
- Last ticket for the jackpot: August 11, 2018 – Jackpot of $ 247 million (New York)
- # 1 Powerball Jackpot: January 13, 2016 – $ 1.586 Billion Jackpot (California, Florida and Tennessee)
© 2018 Cox Media Group.
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