The multi-state lotteries now have a combined jackpot of over 1 billion dollars. Yes, that’s Billion with a capital “B”.
With the Mega Millions jackpot at 625 million dollars and Powerball at 550 million dollars, the prize money is real. The odds of actually winning however are not ever in your favor.
The odds of hitting all 5 numbers and the Mega Millions number to be able to bring home the estimated cash value of $458,800,000 of the Mega Millions lump sum winnings are 1 in 302,575,350. The odds of winning the full jackpot in Powerball are a slightly better 1 in 292,201,338. As Han Solo would say, “Never tell me the odds!” But seriously you are more likely to kiss an actual Wookiee than win one of these jackpots.