![]() As we saw with Powerball and Mega Millions, you can’t have frequent jackpot winners – once someone wins the jackpot, the grand prize resets to a lower value ( $20 million for Powerball, and a varying price “based on sales” for Mega Millions). There are a few ingredients necessary to create lottery jackpots worth millions or billions of dollars. The Mega Millions jackpot won in July had also been building for over three months. ![]() It went through more than 40 drawings – of which there are three each week – before a ticket was able to match all five main numbers and the Powerball number. The $2.04 billion Powerball jackpot won during the Election Day drawing ( technical issues kept the drawing from happening on Monday) had been building since early August. The Mega Millions jackpot was at $189 million as of Thursday.īased on the record-setting prizes won in both games this year, it will take weeks or even months of drawings without a grand prize winner before we see another record-setting jackpot. Here’s howĪfter Wednesday night’s drawing, the current Powerball jackpot sits at $47 million. ![]() Didn’t win the Powerball jackpot? You may still have won money.
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