Each main nationwide lottery jackpots continued their march upward after drawings Monday and Tuesday, with Mega Hundreds of thousands inching tantalizingly near an estimated $1 billion high prize. Solely 5 earlier Mega Hundreds of thousands jackpots have hit that mark.
The Powerball jackpot rolled over once more on Monday night time and now stands at an estimated $687 million, with its subsequent drawing tonight (Wednesday, March 20).
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Mega Hundreds of thousands: $977 million estimated jackpot, subsequent drawing Friday, March 22.
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Powerball: $687 million estimated jackpot, subsequent drawing Wednesday, March 20.
If both or each proceed to elude a winner in upcoming attracts, 2024 may see its first billion-dollar-plus jackpot, a mark that has grow to be extra widespread in recent times. Powerball had a $1.765 billion jackpot (received by a single ticket) as not too long ago as October 2023.
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.
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To play Mega Hundreds of thousands, choose 5 numbers between 1 and 70, and a sixth quantity between 1 and 25. For those who don’t need to choose the numbers your self, you may get a set of numbers generated for you.
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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 $977 million.
Winners can decide to take their winnings within the type of an annuity or as a single lump sum, often known as the money choice. The money choice for the present jackpot is estimated at $461 million.
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By taking the annuity choice, the winner would get the complete jackpot marketed by Mega Hundreds of thousands, however it will be unfold out in funds over 30 years.
Irrespective of how fortunate you might be, you received’t get round paying taxes on a lottery jackpot. After necessary federal revenue tax withholding, you’d get roughly $350 million, if you happen to took the money choice. How way more you’d pay come tax time relies on whether or not you are taking the place you got the ticket — and the place you reside. To organize, be sure you know the ins and outs of how the lottery works.
When is the following Mega Hundreds of thousands drawing?
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The profitable numbers shall be drawn Friday, March 22 at 11 p.m. Japanese Time.
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If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.
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The percentages of profitable the jackpot are roughly 1 in 303 million.
How a lot is the following Powerball jackpot?
The present jackpot is estimated at $687 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 choice for the present jackpot is $327.3 million. After necessary federal taxes, the holder of a single profitable ticket would hold about $248.7 million, minus any state taxes.
When is the following Powerball drawing?
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The profitable numbers shall be drawn Wednesday, March 20 at 11 p.m. Japanese Time.
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If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.
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The percentages of profitable the jackpot are roughly 1 in 292 million.
The jackpot isn’t the one technique to win. Each video games have prizes for ticket holders whose chosen numbers match the drawing in a wide range of mixtures.
10 largest lottery jackpots
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$2.04 billion (Powerball, Nov. 8, 2022 — one profitable ticket).
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$1.765 billion (Powerball, Oct. 11, 2023 — one profitable ticket).
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$1.586 billion (Powerball, Jan. 13, 2016 — three profitable tickets).
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$1.58 billion (Mega Hundreds of thousands, Aug. 8, 2023 — one profitable ticket).
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$1.537 billion (Mega Hundreds of thousands, Oct. 23, 2018 — one profitable ticket).
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$1.348 billion (Mega Hundreds of thousands, Jan. 13, 2023 — one profitable ticket).
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$1.337 billion (Mega Hundreds of thousands, July 29, 2022 — one profitable ticket).
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$1.08 billion (Powerball, July 19, 2023 — one profitable ticket).
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$1.05 billion (Mega Hundreds of thousands, Jan. 22, 2021 — one profitable ticket).
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$977 million (Mega Hundreds of thousands, pending).