Watch CBS News

Dueling Lottery Jackpots Rise To Nearly $500 Million

Follow CBSMIAMI.COM: Facebook | Twitter

TALLAHASSEE (CBSMiami) -- Feeling lucky? Lottery players have a chance to win big this week as the Mega Millions and Powerball jackpots continue to grow.

Jackpots for both multi-state games have risen to a combined total of $496 million.

The Powerball jackpot rolled to $193 million after Saturday night's draw, and the Mega Millions jackpot rose to $303 million.

The lump-sum payment for the Powerball jackpot is $112.9 million or winners can choose 30 annual installments.

The lump-sum payment for the Mega Millions jackpot is $176 million or winners can choose 30 annual installments.

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 over 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 Tuesday night and the Powerball drawing Wednesday night during the 11pm news on CBS4, your official lottery station.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.