Mega Millions, Powerball Jackpots Reach Historic Highs, Totaling $1.6 Billion

RALEIGH, N.C. (News Release) — North Carolinians who try their luck on Powerball and Mega Millions this week will be playing for some of the largest jackpots in history.

The estimated annuity jackpot for Tuesday’s Mega Millions drawing stands at $865 million. It ranks as the:

  • 2nd largest jackpot in Mega Millions history.
  • 3rd largest jackpot in U.S. lottery history.

The estimated cash value for the jackpot is $638.8 million. The odds of winning a Mega Millions jackpot are 1 in 302.5 million.

The estimated annuity jackpot for Wednesday’s Powerball drawing stands at $730 million. It ranks as the:

  • 4th largest jackpot in Powerball history.
  • 6th largest jackpot in U.S. lottery history.

The estimated cash value for the jackpot is $546 million. The odds of winning the Powerball jackpot are 1 in 292 million.

“This is the very first time in the history of the games that both jackpots exceeded $700 million at the same time,” said Mark Michalko, executive director of the N.C. Education Lottery. “Remember to play smart. It only takes one ticket to win.”

Players can buy $2 Powerball or Mega Millions tickets at any lottery retail location, through Online Play on the lottery’s website, www.nclottery.com, or by using the NC Lottery Official Mobile App.

Ticket sales from draw games make it possible for the lottery to raise more than $725 million a year for education. For details on how lottery funds have made a difference in all of North Carolina’s 100 counties, click on the “Impact” section of the lottery’s website.