The stars have aligned in the lottery universe like never before, with two jackpots totaling nearly $2 billion. With an estimated $1.1 billion Mega Millions prize and an estimated $800 million Powerball jackpot, it’s the first time the two nearly national lottery games have each grown so large at the same time.
With an estimated $1.1 billion Mega Millions prize and an estimated $800 million Powerball jackpot, it’s the first time the two nearly national lottery games have each
The last Mega Millions jackpot winner was on Dec. 8. Since then, there have been 30 consecutive drawings without a winner of the grand prize. No one has won the Powerball jackpot since Jan. 1, making for 35 consecutive drawings without a big winner of the game, which holds three weekly drawings.Mega Millions jackpot soars to nearly $1 billion. Here’s what to knowThe Mega Millions prize ranks as the 10th largest in U.S. lottery history and is about half the size of the largest jackpot, a $2.
To put those odds in perspective, lottery officials note that after a win when jackpots reset at $20 million, total ticket sales typically cover less than 10% of all the possible number combinations. As jackpots climb to $1 billion or more, sales increase dramatically but still usually cover only about half of the possible combinations.Of course, millions or people do win smaller prizes that range from $2 to $2 million.
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