Economy

US' Powerball, Mega Millions' grand prizes exceed $1B combined

After 2 winless nights, Powerball's jackpot reaches $725M, while Mega Millions' prize at $560M

Gokhan Ergocun  | 12.07.2023 - Update : 12.07.2023
US' Powerball, Mega Millions' grand prizes exceed $1B combined

ISTANBUL

After two winless nights, the combined jackpot prize of well-known US lotteries Powerball and Mega Millions has topped the $1 billion level.

As there was no winner in Monday's drawing, Powerball's prize reached $725 million, before taxes.

Meanwhile, as there was also no winner in Mega Millions' Tuesday drawing, its prize next time will be $560 million, before taxes.

Both the Mega Millions and Powerball drawings are held twice a week, with tickets costing $2.

The odds of winning the jackpot are admittedly slim: about one in 303 million for Mega Millions and one in 292 million for Powerball.

In February, winner Edwin Castro got the Powerball’s record prize of $2.04 billion.

The record for the biggest Mega Millions' jackpot was $1.5 billion back in 2018.

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