Who Wants to be a New Year Millionaire? Lottery Jackpots Keep Climbing
Lottery players have one goal in mind starting off the New Year: to win a combined $801 million in Powerball and Mega Millions jackpots.
After no winner was announced from Friday’s Mega Millions game, the grand prize is estimated to reach $361 million. This is the eighth-largest jackpot in the game’s history.
With Saturday’s Powerball drawing also not yielding a winner, Wednesday’s jackpot has skyrocketed to its ninth-largest prize in Powerball history, reaching $440 million.
A recent NH1 article estimated a few items that could be purchased with the big winnings, but since then, you can now buy even more private jets, islands, and hotels.
“While much of the United States is blanketed in record-breaking cold temperatures, the Powerball and Mega Millions action is really getting heated up. We have more than three-quarters of a billion dollars up for grabs in the next 24 hours, starting with tonight’s Mega Millions drawing,” said Charlie McIntyre, Powerball Product Group Chairman and New Hampshire Lottery Executive Director. “Combined, this would be the second-largest jackpot in history and only the second time Powerball and Mega Millions have simultaneously had jackpots larger than $300 million.”
The Mega Millions jackpot for Tuesday’s drawing is estimated to be $361 million, with a one-time cash payout of $215.3 million. The Powerball jackpot for Wednesday’s drawing (Jan. 3) is expected to be $440 million with a one-time cash payout of $278.3 million. This is the estimated jackpot amounts before taxes.
“It’s been almost two years since the world-record $1.6 billion Powerball jackpot was hit in January 2016,” said Gordon Medenica, Mega Millions Lead Director and Maryland Lottery and Gaming Director. “Wouldn’t it be great to see these two games continue to roll and give lottery players another record-breaker for the New Year?”
The Mega Millions drawing results from Dec. 29, were: 4-10-18-28-62 MB-7 with a Megaplier of 2.
The Powerball drawing results from Dec. 30, were: 28-36-41-51-58 PB-24 with a Power Play of 2.
The current Powerball jackpot has been on the rise since Oct. 25, when a Louisiana player claimed a $191 million jackpot. The current Mega Millions jackpot has been increasing since players in Rhode Island and Michigan split the $43 million jackpot for the Oct. 13 drawing.
The largest Powerball jackpot on record was a $1.586 billion jackpot in January 2016.
The largest Mega Millions jackpot in history was $656 million: Three winners from Kansas, Illinois and Maryland shared that record prize in March 2012.
Powerball drawings are held Wednesdays and Saturdays at 10:59 p.m.
Mega Millions drawings are held Tuesdays and Fridays at 11 p.m.