You win if the numbers on one row of your ticket match the numbers of the balls drawn on that date. Five white balls are drawn from a set of balls numbered 1 through 70 one gold Mega Ball is drawn from a set of balls numbered 1 through 25. Jackpot amounts hitting record numbers in recent years are the result of a deliberate tweak to the formulas of the lotteries, which has led to worse individual odds but higher jackpot sizes. Estimated Jackpot: Cash Option: Mega Millions drawings are held Tuesday and Friday at 11:00 pm ET. In August, a single ticket sold in Florida won the $1.6 billion Mega Millions jackpot-the largest prize in that game’s history and the largest overall jackpot prize this year. The 1.2 billion prize is the fourth biggest jackpot so far this year and also the fourth time in 2023 that a jackpot amount has breached the billion-dollar mark. Those are the abysmal odds a ticket buyer will have to overcome to win the Powerball jackpot, although this is slightly better than the Mega Millions jackpot’s 1-in-302.6 million odds. The following Mega Millions and Powerball jackpots made the Top 10 biggest lottery jackpots in U.S. The Mega Millions jackpot will have a drawing for an estimated $300 million prize on Tuesday night. The next Powerball draw is on Wednesday night. Depending on their home state, the winner may owe further taxes, as some states like New York levy a 10.9% tax on lottery winnings, while others like Texas, Florida, and California don’t tax them.
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