Mega Hundreds of thousands has been getting the headlines these days, with a jackpot at present estimated at $735 million, however the jackpot for the opposite huge nationwide lottery recreation — Powerball — has additionally crossed the half-billion-dollar mark, with the subsequent drawing set for tonight.
Powerball and Mega Hundreds of thousands tickets are bought for $2 apiece in 45 U.S. states, in addition to Washington, D.C., and the U.S. Virgin Islands.
To play Mega Hundreds of thousands, choose 5 numbers between 1 and 70, and a sixth quantity between 1 and 25. In the event you don’t need to choose the numbers your self, you may get a set of numbers generated for you.
To play Powerball, choose 5 numbers between 1 and 69 and a Powerball quantity from 1 to 26 (or have them randomly generated).
How a lot is the Mega Hundreds of thousands jackpot?
The present jackpot is estimated at $735 million. Winners can decide to take their winnings within the type of an annuity or as a single lump sum, often called the money possibility. The money possibility for the present jackpot is estimated at $356.7 million.
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By taking the annuity possibility, the winner would get the complete jackpot marketed by Mega Hundreds of thousands, however it might be unfold out in funds over 30 years.
Irrespective of how fortunate you’re, you received’t get round paying taxes on a lottery jackpot. After necessary federal revenue tax withholding, you’d get roughly $271.1 million, in case you took the money possibility. How rather more you’d pay come tax time is dependent upon whether or not you are taking the place you got the ticket — and the place you reside. To organize, ensure you know the ins and outs of how the lottery works.
When is the subsequent Mega Hundreds of thousands drawing?
The profitable numbers shall be drawn Tuesday, March 12 at 11 p.m. Jap Time.
If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.
The chances of profitable the jackpot are roughly 1 in 303 million.
How a lot is the subsequent Powerball jackpot?
The present jackpot is estimated at $532 million.
Like Mega Hundreds of thousands, winners of Powerball can select between an annuity that pays out over 30 years or a single lump sum. The money possibility for the present jackpot is $260.1 million. After necessary federal taxes, the holder of a single profitable would hold about $197.7 million, minus any state taxes.
When is the subsequent Powerball drawing?
The profitable numbers shall be drawn Monday, March 11 at 11 p.m. Jap Time.
If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.
The chances of profitable the jackpot are roughly 1 in 292 million.
The jackpot isn’t the one method to win. Each video games have prizes for ticket holders whose chosen numbers match the drawing in quite a lot of mixtures.
10 largest lottery jackpots
$2.04 billion (Powerball, Nov. 8, 2022 — one profitable ticket).
$1.765 billion (Powerball, Oct. 11, 2023 — one ticket).
$1.586 billion (Powerball, Jan. 13, 2016 — three tickets).
$1.58 billion (Mega Hundreds of thousands, Aug. 8, 2023 — one ticket).
$1.537 billion (Mega Hundreds of thousands, Oct. 23, 2018 — one ticket).
$1.348 billion (Mega Hundreds of thousands, Jan. 13, 2023 — one ticket).
$1.337 billion (Mega Hundreds of thousands, July 29, 2022 — one ticket).
$1.08 billion (Powerball, July 19, 2023 — one ticket).
$1.05 billion (Mega Hundreds of thousands, Jan. 22, 2021 — one ticket).
$768.4 million (Powerball, March 27, 2019 — one ticket).