Powerball, Mega Millions both above $300 million

Powerball, Mega Millions both above $300 million

With a Powerball jackpot estimated at $384 million and Mega Millions at $306 million, USA lottery aficionados for just the second time in history have two opportunities to try for jackpots exceeding $300 million. Players have much better odds of one in 25 of winning a lesser prize.

Lottery officials say this is just the second time the Powerball and Mega Millions jackpots are above the $300 million mark at the same time. The last chance to buy Powerball tickets is Saturday, December 20th at 7:00pm PT, and the drawing is at 9:59pm PT that night. It also raised the price of a single ticket to $2. Both lotto games had their most recent jackpot wins in late October. Pacific time on Tuesdays and Fridays.

There hasn't been a Mega Millions jackpot victor since before the October 31 change of odds, a string of 21 straight drawings.

The move was similar to one made by Powerball in October 2015.

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The odds of winning the Powerball drawing are 1 in 292.2 million. The last time both were above $300 million at the same time, sellers reported people snapping up tickets to both Mega Millions and Powerball.

- The line will be long at Bluebird Liquor and many other stores that carry lottery tickets, as people are hoping to strike it rich as the end of the year approaches.

But that won't stop people from buying tickets to both games when they purchase tickets in the coming days.

The record was a $1.58 billion jackpot in January of 2016.

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