Mega Millions & Powerball Hit Combined $2 Billion Jackpot

A newstand billboard advertising tickets for the lottery

The Mega Millions jackpot for Tuesday night's drawing is now $1.6 billion, and the Powerball jackpot for Wednesday night's drawing is $620 million.

In 2016, a $1.58 billion Powerball prize was split three ways by ticket holders from California, Florida and Tennessee.

Australian lotto players might not have such a big prize to play for but this week $60 million is up for garbs with $10 million in Tuesday's Oz Lotto, $30 million in the Powerball draw on Thursday and then $20 in Saturday's Superdraw.

It costs just $2 to play the game.

On Tuesday, that would mean a total of almost $905 million - before taxes, according to the Mega Millions website.

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And the number of balls and Mega Balls in the game changed significantly, increasing the player's chances of winning secondary prizes even while it decreased those of hitting the jackpot.

Tickets for both Mega Millions and Powerball are sold in Kansas everywhere Kansas Lottery tickets are sold.

If someone picks the winning six numbers, they can either claim the jackpot in 30 payments over 30 years - the so-called annuity option - or take a reduced amount in a lump sum.

Saturday's Powerball numbers are: 16-54-57-62-69 and Powerball: 23. Again, the computer can do this for you if you don't want to choose your own numbers. There are smaller prizes, from $4 up to $1 million, for matching some, but not all, numbers.

Each Powerball or Mega Millions ticket is $2.

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