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TALLAHASSEE (CBSMiami) – Who wouldn’t love a huge lottery jackpot for the holidays?

Both the Mega Millions and Powerball jackpots rolled over this week and are now worth a combined total value of $547 million.

The Mega Millions jackpot now stands at $247 million after Tuesday night’s drawing and the Powerball jackpot is currently $300 million after Wednesday night’s drawing.

Powerball jackpots start at $40 million and roll over until the jackpot is won.

The chance of winning the Powerball jackpot is 292.2 million to one.

Powerball tickets are $2 each and are played in 44 states, Washington DC, Puerto Rico and the U.S. Virgin Islands.

Mega Millions jackpots also start at $40 million and roll until the jackpot is won.

The odds of winning the Mega Millions jackpot with a $2 ticket are 1-in-302.5 million.

You can watch the next Mega Millions drawing Friday night and the Powerball drawing Saturday night during the 11pm news on CBS4, your official lottery station.

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