It's the first time both the Powerball and Mega Millions drawings have simultaneously topped more than $400 million.
The next Mega Millions drawing is scheduled for 11 p.m. ET on Friday, and the next Powerball drawing is Saturday at 10:59 p.m. ET. The drawing will be held Friday night.
Net lottery revenues for 2017 were $9.7 billion, down $15 million from 2016, according to the New York State Lottery's independent audit. The cash option is worth an estimated $358.5 million. Powerball tickets may be purchased until 8:45 p.m. on Saturday.
The consortium of 44 states plus the Virgin Islands and the District of Columbia in October widened the odds for winning the big jackpot from 1 in 259 million to 1 in 303 million.
I'm below average, in terms of purchases, spending about $50 a year on lottery tickets. Eastern Time. The drawing for the $445 million jackpot is Friday, Jan. 5. The website charges a transaction fee and in return, you will get a scan of your tickets before the draw.
In October, Mega Millions changed the numbers that players could choose from, bringing the odds of picking all six numbers to 1 in 302.6 million, from 1 in 258.9 million under the old format.
Or if you're one of those people who do better with percentages: You have a 0.0000000000000011 percent chance of winning both games.
Ticket sales still are soaring for the lotteries, officials said. In fact, the larger jackpots are just encouraging more sales. That's nearly $4 billion dollars in prize money. The current jackpot is the 12th largest prize.
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