Dueling Lottery Jackpots Rise To Nearly $500 Million
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TALLAHASSEE (CBSMiami) -- Feeling lucky? Lottery players have a chance to win big this week as the Mega Millions and Powerball jackpots continue to grow.
Jackpots for both multi-state games have risen to a combined total of $496 million.
The Powerball jackpot rolled to $193 million after Saturday night's draw, and the Mega Millions jackpot rose to $303 million.
The lump-sum payment for the Powerball jackpot is $112.9 million or winners can choose 30 annual installments.
The lump-sum payment for the Mega Millions jackpot is $176 million or winners can choose 30 annual installments.
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.