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Mega Millions reaches $173M; Powerball hits $121M

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ATLANTA – The jackpots for Mega Millions and Powerball continue to roll. Tuesday’s Mega Millions jackpot has reached $173 million, and Wednesday’s Powerball jackpot has hit $121 million.

 

The Mega Millions jackpot has grown since March 27 and has rolled 15 times.

 

Mega Millions offers two jackpot payment options: the $173 million annuity prize paid out as one immediate payment followed by 29 annual graduated payments; or the cash option, which is approximately $104 million.

 

It only takes $1 to play Mega Millions for a chance to win big. Players can multiply prizes with the Megaplier option for an additional $1 per play.

 

The Powerball jackpot has hit $121 million for Wednesday’s drawing.

 

One winning ticket worth $10,000 was sold in Carrollton from Saturday’s drawing.

 

The Powerball jackpot has grown since April 22 and has rolled eight times.

 

Powerball offers two jackpot payment options: the $121 million jackpot prize paid over 29 years in 30 graduated payments; or the cash option, which is approximately $75 million. Powerball tickets are $2 per play.

 

As with all other Georgia Lottery games, proceeds from Mega Millions and Powerball will benefit education in the state of Georgia.

Since its first year, the Georgia Lottery Corp. has returned more than $16.2 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.7 million students have received HOPE, and more than 1.3 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

 

MEGA MILLIONS FAST FACTS

Draw Date: Tuesday, May 19, 2015

Estimated Jackpot Amount: $173 million

Annuity AmountJackpot prize paid out as one immediate payment followed by 29 annual graduated payments

Cash Option Amount: Approximately $104 million

Cost to Play: $1 per play; additional $1 per play for Megaplier

Drawings: 11 p.m. (ET) every Tuesday and Friday

Overall Odds of Winning Any Prize: Approximately 1:40

Odds of Winning Jackpot Prize: Approximately 1:175 million

Date Jackpot Began Rolling: March 27, 2015

Number of Rolls: 15

Last Winning Jackpot Ticket: March 24, 2015 – $59 million (New York)

#1 Mega Millions Jackpot: March 30, 2012 – $656 million

(3 winning tickets – Illinois, Kansas and Maryland – $218.6 million each)

 

POWERBALL FAST FACTS

Draw Date: Wednesday, May 20, 2015

Estimated Jackpot Amount: $121 million
Annuity Amount: Jackpot prize paid over 29 years in 30 graduated payments
Cash Option Amount: Approximately $75 million
Cost to Play: $2 per play; an additional $1 per play to add the Power Play multiplier
Drawings: 11 p.m. (ET) every Wednesday and Saturday
Overall Odds of Winning Any Prize: Approximately 1:32
Odds of Winning Jackpot Prize: Approximately 1:175 million
Date Jackpot Began Rolling: April 22, 2015
Number of Rolls: 8
Last Winning Jackpot Ticket: April 18, 2015 – $50 million jackpot (Puerto Rico)
#1 Powerball Jackpot: May 18, 2013 – $590.5 million jackpot (Florida winner)

For more information on the Georgia Lottery Corp., Mega Millions and Powerball, please visit:

www.galottery.comwww.lotterybenefitsgeorgians.com, www.megamillions.com and www.powerball.com