Combined Mega Millions, Powerball Jackpots Top $1.3 Billion Dollars

After no one won last nights drawing, the Mega Millions jackpot is now estimated at $750 million and growing— the second-largest payout in the game’s history.  The Powerball prize is estimated at $550 million for a combined total of $1.3 billion dollars.

This is the highest the combined jackpots have been since October 2018, when the Mega Millions jackpot reached a record high of $1.537 billion.

The Powerball jackpot for tonight’s drawing is an estimated $550 million, with an estimated cash value of $411.4 million. The next drawing for the Mega Millions is Friday night, with an estimated cash value of $550.6 million.

“Our players have options to purchase their Powerball and Mega Millions tickets, whether they prefer to buy them online or visit one of our retailers to pick up their tickets in person,” said Pennsylvania Lottery Executive Director Drew Svitko. “We’re reminding our players that it only takes one ticket to win, and the proceeds are helping us generate funds for programs that benefit older Pennsylvanians.”

Why are the jackpots so enormously high?  Lottery officials say fewer people are buying lottery tickets lately, leaving more money to win.