Mega Millions, Powerball jackpots reach almost $1 billion combined

Marcus Newton
October 19, 2018

The cash option for Mega Millions is now at $548.6 million.

The Mega Millions jackpot has climbed to more to $900 million while the Powerball jackpot soared to $430 million after no tickets hit on Wednesday, meaning a combined $1.3 billion awaits lottery players this weekend, USA Today reported.

Dreams of being a billionaire are now in reach, thanks to the Mega Millions. In Indiana, on the other hand, the cutoff for buying Mega Millions tickets is 10:44 p.m. ET.

Mega Millions tickets cost $2 per play and there are a total of nine ways to win a prize, ranging from the jackpot down to $2. About half of the jackpot winnings would go to taxes. The odds of winning the top prize were 1 in 258,890,850. The amount you will win is likely $0, because the odds of winning either jackpot are one in several hundred million.

Tuesday's Mega Millions winning numbers were 3, 45, 49, 61, 69 with a Mega Ball of 9 for a jackpot worth $667 million at the time.

Powerball made similar changes to its rules in 2015.

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Unfortunately, even as the big prize for Tuesday night's Mega Millions drawing increases to the fourth-largest in USA history, the odds of matching all six numbers and winning the game don't improve.

State lottery commissions have relied on human psychology and the spirit of optimism to fuel sales.

He calls these gamblers "infrequent players", and their participation helps boost jackpots to historic levels, he said.

- The Florida Lottery is warning people not to fall for a Mega Millions scam.

That is, until Friday's Mega Millions drawing, which may produce one or more instant mega millionaires.

The average American spends about $223 per year on lottery tickets, according to a survey from LENDedu.

Other reports by MaliBehiribAe

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