Scott McFetridge/AP
A billboard advertises the Mega Thousands and thousands and Powerball jackpots on Monday in Des Moines, Iowa.
The Gentleman Report
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Lottery gamers can have extra possibilities this week to win large payouts, with Tuesday’s Mega Thousands and thousands drawing and Wednesday’s Powerball drawing providing jackpots of round $1.1 billion and $865 million, respectively.
If any individual wins Tuesday’s drawing for Mega Thousands and thousands’ estimated $1.13 billion jackpot, it will be the fifth-largest prize within the historical past of the sport, in keeping with Mega Thousands and thousands. The jackpot rose above $1 billion after nobody gained the former drawing, on Friday. Tuesday’s drawing is scheduled for 11 p.m. ET.
A winner of Tuesday’s drawing may just go for an estimated $537.5 million lump-sum fee as a substitute of having the overall jackpot in annual bills. Each estimated figures are prior to taxes.
The Mega Thousands and thousands jackpot has grown because it was once closing gained December 8 via two tickets bought in California. The document Mega Thousands and thousands jackpot was once $1.602 billion, gained in Florida closing August.
The chances of profitable any prize in a Mega Thousands and thousands drawing are 1 in 24, and the chances of profitable the jackpot are 1 in 302.5 million, in keeping with the lottery.
Wednesday night time’s Powerball drawing, in the meantime, provides an estimated $865 million jackpot, which will be the fifth-largest within the recreation’s historical past. A winner may just go for the jackpot in annual bills or a lump-sum fee of an estimated $416.1 million – each prior to taxes, in keeping with Powerball.
The Powerball jackpot was once closing gained on January 1 via a price ticket in Michigan with an estimated $842.4 million prize.
Even supposing nobody scored the jackpot in Monday’s Powerball drawing, it nonetheless yielded giant winners, with tickets bought in Florida and New York each and every profitable $1 million prizes.
Thirty-six consecutive Powerball drawings have handed with out a grand prize winner. The chances of profitable any prize in a Powerball drawing are 1 in 24.9, and the chances of snagging the jackpot are 1 in 292.2 million, in keeping with the lottery.