The Mega Millions is at $970 Million and Powerball is at $430 Million . . . What Are Your Odds of Winning Both?
In case you haven’t heard, both of the big nationwide lotteries have MASSIVE jackpots right now. Tonight’s Mega Millions is at $970 million, and Saturday’s Powerball is at $430 million.
That’s $1.4 billion combined. So . . . what are your odds of winning BOTH?
Spoiler . . . um, if you won both, you might overcome taller odds than anyone has ever overcome in the history of the world.
The Mega Millions odds are one in 302.6 million . . . the Powerball odds are one in 292 million. And combined, your chance of winning both of them is around one in 88 QUADRILLION. That’s 88 followed by 15 zeroes.
And just think, if you overcome those odds and win both jackpots, you’ll still be worth like $144 billion less than Jeff Bezos.
Also, for what it’s worth, if you take the lump sum on the Mega Millions, it’d be around $548 million . . . and the lump sum on the Powerball is $248 million. And after you knock off roughly 50% for taxes, you’ll take home a mere $398 million. (CNBC)
(Here are a few other stories on the lottery for you: A study found winning probably WON’T ruin your life . . . and a new survey says we’d be pretty smart and generous if we won one of these big jackpots.)