Mega Millions, Powerball Jackpots Combined Climb To Nearly 1 Billion
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TALLAHASSEE (CBSMiami) – The fourth-largest lottery jackpot in U.S. history is up for grabs in Tuesday night's Mega Millions drawing. The jackpot is an estimated $654 million. The lump sum cash payout is $372 million.
The jackpot has been rolling over since it was last won on July 24, when a California office pool of 11 co-workers shared $543 million, the largest prize ever won on a single ticket in the game.
Three other Mega Millions jackpots have been won this year – $451 million on January 5 (Florida), $533 million on March 30 (New Jersey), and $142 million on May 4 (Ohio).
Mega Millions' record haul was a $656 million jackpot shared by people in three states in 2012.
The Powerball jackpot is also growing again after nobody won Saturday night's jackpot.
The Powerball jackpot is now $345 million, which is a total cash value of $199 million if you choose the lump sum payment.
If you combine the Mega Millions and Powerball jackpots, they are both worth nearly $1 billion.
Powerball jackpots start at $40 million and roll over until the jackpot is won.
The chance of winning the Powerball jackpot is 292.2 million to one.
Powerball tickets are $2 each and are played in 44 states, Washington DC, Puerto Rico and the U.S. Virgin Islands.
Mega Millions jackpots also start at $40 million and roll over until the jackpot is won.
The odds of winning the Mega Millions jackpot with a $2 ticket are 1-in-302.5 million.
You can watch the next Mega Millions drawing Tuesday night and the Powerball drawing Wednesday night during the 11pm news on CBS4, your official lottery station.