March 22, 2024 2 min read

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Powerball Jackpot to Hit $750M, Mega Millions Soars to Nearly $1bn

While the grand prize from Powerball is estimated to hit $750 million for the upcoming drawing, the jackpot from Mega Millions is getting closer to $1 billion

Surviving since the start of the year, the jackpot from America’s popular lottery game, Powerball, is now getting closer to a mind-blowing $800 million. The grand prize for the upcoming drawing of the lottery game is estimated at $750 million, a figure that makes the jackpot the ninth largest in the history of the game.

The Powerball jackpot was able to grow this much after surviving for nearly three months. The last time a lucky lottery player hit the Powerball jackpot was at the beginning of this year. Considering the estimated $750 million grand prize, the cash option for the jackpot is a hefty $357.3 million.

The $842.4 million jackpot which dropped on January 1, 2024, was the fifth-largest prize from Powerball. The fourth largest jackpot dropped last summer in July when a lucky player from California hit $1.08 billion.

The third-largest grand prize was won in January 2016, a whopping $1.59 billion, while the second-biggest jackpot dropped on October 11, 2023, in California when a lucky lottery player guessed all winning numbers, securing $1.77 billion. Despite the aforementioned hefty wins, nothing can quite be compared to the largest jackpot from the game, a staggering $2.04 billion Powerball jackpot won in November 2022.

The winning numbers from Powerball’s Wednesday drawing included white balls 13, 22, 27, 54, 66 and red Powerball 9. While nobody won the jackpot, there was also no one who collected a million-dollar second-tier prize, at least from the latest drawing.

On the bright side, 27 lottery players guessed correctly four white balls along with the red Powerball, securing a $50,000 prize each, while six collected a $100,000 Power Play prize each.

The next drawing for Powerball is scheduled for Saturday, March 23, 2024.

The Grand Prize from Mega Millions Gets Closer to $1bn

Similar to Powerball, the jackpot from Mega Millions continues to increase as well. Surviving the drawing on Tuesday, the grand prize is not getting closer to a mind-blowing $1 billion. According to Mega Millions, the estimated jackpot for the game’s upcoming drawing is $977 million. While this is a completely mind-blowing sum, the cash option is also a whopping $461.0 million.

Unlike Powerball, four lucky lottery players secured seven-figure prizes from Mega Millions’ latest drawing. The four lottery aficionados won a $1 million prize each for guessing correctly five white numbers drawn.

The next drawing for Mega Millions is scheduled for Friday, March 22, 2024, at 11 PM ET.

Journalist

Jerome is a welcome new addition to the Gambling News team, bringing years of journalistic experience within the iGaming sector. His interest in the industry begun after he graduated from college where he played in regular local poker tournaments which eventually lead to exposure towards the growing popularity of online poker and casino rooms. Jerome now puts all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.

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