Powerball And Mega Millions Combined Jackpot Hits $2 Billion

Friday's Mega Millions jackpot soars to $1 billion

No Mega Millions winner, jackpot climbs to $1.6 billion

The next drawing, which is scheduled for Tuesday (10/23) at 11pm, will have an estimated jackpot of $1.6 billion.

The victor might opt for the cash prize of more than $270 million, from which the federal government will take 25% right away, and more later.

Based on sales projections, 75 per cent of the 302 million possible combinations will be chosen for the draw, up from 59.1 per cent in Friday's, Carole Gentry, spokeswoman for Maryland Lottery and Gaming, said.

The numbers have been drawn for Saturday's estimated $470 million Powerball jackpot.

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Its jackpot rose on Friday to £360 million ($470m) from £329 million ($430m), with a lump sum value of £205 million ($268.6m).

The Mega Millions lottery may see a streak of jackpot rollovers end as it heads toward a record $1.6 billion drawing on Tuesday.

The odds of winning the Powerball jackpot are 1 in 292 million.

Then on Saturday, no winners were selected in the Powerball drawing.

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Each Powerball or Mega Millions ticket is $2.

The lucky player matched all five white numbers drawn but was just one number shy of the jackpot.

For an additional $1 you can get a "Megaplier" ticket that will increase the amount of the smaller prizes, but not the grand prize.

The prize pot has reached new heights after no player got all of the numbers of 15, 23, 53, 65, 70 and the Mega Ball 7 during Friday night's draw. Again, the computer can do this for you if you don't want to choose your own numbers. But because the player added the Power Play for an extra $1, the prize is $2 million.

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