Big Number
1-in-290.4 million. Those are the odds of winning the Mega Millions lottery jackpot. The Powerball’s winning odds are worse, coming in at 1-in-292.2 million.
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Tangent
The Powerball’s next drawing is Saturday night, with participants hoping to win the $600 million estimated jackpot. The lump sum reward for the jackpot after taxes is about $165.6 million.
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Key Background
The Mega Millions jackpot is the largest lottery prize of 2026 so far. A $533 million jackpot was won by a Mega Millions ticket buyer from Illinois in March, while the largest Powerball jackpot of the year won by a buyer was $250.8 million. However, this year’s Mega Millions jackpot has not come close to 2025, when a buyer from Georgia won $983 million before taxes.
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