Almost a billion dollars at stake in MegaMillions, Powerball drawings

Trevor Jackson
January 6, 2018

Hoosiers have a chance to win a fortune this weekend in the lottery.

As of now, the Mega Millions is set at $450 million and the Powerball jackpot is at $570 million.

But it's not a big as the Powerball jackpot available Saturday night. The victor would take home a one-time, cash option of $347.9 million before taxes, should he or she choose a lump sum payment instead of receiving the prize in installments.

"For the first time in game history, both Powerball and Mega Millions have advertised jackpots above $400 million at the same time", the N.C. Education Lottery announced Friday. The cut-off for sales is 9:58 p.m. Saturday for Powerball and 10:44 p.m. tonight for Mega Millions. The last MegaMillions jackpot victor was October 13, 2017, while the Powerball jackpot has not been won since October 25. "Everything is by chance these days so, you gotta be in it to win it", says Lynn.

"When the jackpots reach these levels, everyone starts to daydream about what they would do if they won", Gordon Medenica, Mega Millions lead director, said in a statement.

"The jackpots are big, the game's got the most brand recognition among all the games", said Ryan Koppy, sales and marketing manager for the North Dakota Lottery.

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Americans spend more than $70 billion a year on lotteries.

He said he only bought one ticket for each drawing.

"A lot of people don't realize how much the lottery has contributed to scholarships in Arkansas but it's really really significant", she said.

Two Utahns won $1 million each playing Powerball at KJ's in 2017. And nearly no one wins either.

And even if they do know, people often don't bother to check their tickets once they hear there was no jackpot victor or the winning ticket was bought out of state.

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