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    • News

      News

      Powerball And Mega Millions Jackpots Both Over $500M Now

      This marks the first time since last July that both lottery jackpots have crossed the half-billion mark simultaneously.

      By Eric Raskin

      Last updated: March 18, 2024

      1 min

      piggy banks money

      There were no grand prize winners in Wednesday’s Powerball drawing that had a jackpot of an estimated $485 million.

      That means the jackpot amount will climb to an estimated $521 million for Saturday’s edition of Powerball.

      And with the Mega Millions jackpot at an estimated $687 million for Friday’s drawing, both jackpots have cracked the half-billion-dollar mark simultaneously for the first time in eight months. On July 11, 2023, there were no winners in the Mega Millions drawing, pushing that jackpot to $560 million, while Powerball sat at $750 million.

      Prior to that, it had been 2½ years since both jackpots were over $500 million at once.

      Big whiff Wednesday

      Wednesday’s Powerball numbers were 6, 19, 28, 44, and 60, with a Powerball of 10. The Power Play was 2x.

      Not only were there no six-for-six winning tickets, but there weren’t any million-dollar “Match 5” winners either.

      Odds of a grand prize win are 1 in 292,201,338.

      While the jackpot has now swelled to an estimated $521 million, Powerball.com estimates the cash value to be $249.6 million. The last Powerball jackpot hit — and the only jackpot in either of the two biggest draw lotteries to be won in 2024 so far — was $842.4 million (if taking the annuity option) on Jan. 1, claimed by a player in Michigan.

      A single Powerball ticket costs $2, with an option to pay an additional $1 to include the Power Play.

      Powerball tickets are available in all states except Alaska, Hawaii, Nevada, Utah, and Alabama — the latter of which may be close to legalizing lottery play.

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