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MEGA MILLIONS® and POWERBALL® Jackpots Reach over $1 Billion!

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TALLAHASSEE, Fla. — A chance to win big this week as America’s dueling jackpots, MEGA MILLIONS® and POWERBALL®, continue to climb, reaching over 1 billion!

Today, the MEGA MILLIONS jackpot increased to an estimated $750 million, and Sunday, the POWERBALL jackpot rolled to an estimated $550 million.

Jackpot winners have the option to receive their winnings in 30 annual installments or as a one-time, lump-sum cash option of approximately $451.8 million for MEGA MILLIONS and $411.4 million for POWERBALL.

In addition to the jackpot prize, players can win lower-tier prizes of up to $2 million with POWERBALL and up to $5 million with MEGA MILLIONS.

This series of MEGA MILLIONS jackpot rollovers has generated more than $35.8 million for education in Florida, while this series of POWERBALL jackpot rollovers has generated more than $45.1 million.

MEGA MILLIONS jackpots start at $20 million and roll until the jackpot is won. Players win by matching the five white ball numbers (1-70) and the Mega Ball number (1-25). The overall odds of winning a prize in the game are approximately one-in-24.

POWERBALL jackpots start at $20 million and roll until the jackpot is won. Players win by matching the five white ball numbers (1-69) and the Power Ball number (1-26). The overall odds of winning a prize in the game are approximately one-in-24.87.

Players are reminded to sign the back of their tickets at the time of purchase and keep them in a safe place.

POWERBALL |The PowerBall jackpot is currently $550 million. Watch the drawing live Wednesday night on FOX 4

MEGA MILLIONS | The Mega Millions jackpot is currently $750 million. Watch the drawing live Friday night on FOX 4