US Powerball, Mega Millions jackpots top $1 billion

06 January, 2018, 02:50 | Author: Lora Ball
  • Steph Machado | WPRI 12

The jackpot could increase prior to the drawing if ticket sales outpace expectations.

A Mega Millions tickets costs $2.

Sanders wasn't the only one undeterred by the long odds.

You could probably buy a small island, but then you'd have to build an airstrip and buy a plane to get in and out, so that would eat up so much of your winnings that you'd probably have to sell the island because you couldn't afford the real-estate taxes. For an extra dollar, the player can upgrade their card to a Power Play ticket, which will multiply winnings on all prizes besides the grand prize up to five times.

According to the insurance company Allstate, your chances of winning the Powerball are about 1 in 290 million, and the likelihood of you taking home the Mega Millions are roughly 1 in 258 million. "It's a insane time when the jackpots get this high", she said.

Americans spend more than $70 billion a year on lotteries. $400 million or something. So we have absolutely had Powerball winners.

More news: Apple acquires Canadian software startup Buddybuild to woo app developers

"I figure taxes and stuff, it's worth it when it gets up to $300 million or so", said Nate Boos, bought lottery ticket.

I never won one of those $15 million Mega Millions jackpots, but I always figured I had a chance.

There's a misnomer that people in Arkansas don't win the big bucks, but she says that's not true.

Koppy said it varies how often the jackpot is hit.

This weekend, a lucky soul could win an estimated $450-million dollar Mega Millions jackpot or at least $570 million Saturday night in the Powerball drawing. The Mega Millions jackpot up for grabs tonight is the 16th largest prize of all time. The odds of winning both are one in 75.6 quadrillion.

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