🎰Lotteries have a long history and have been used to fund public projects.
💰Powerball and Mega Millions offer enormous jackpots, reaching billions of dollars.
🎟️Both lotteries expanded their reach through partnerships and are now available in most states.
🤪Winning the lottery can be a life-changing event, but it comes with its own set of challenges.
🌍Powerball and Mega Millions have become cultural phenomena, attracting millions of players across the country.
How do Powerball and Mega Millions work?
—Players select numbers and hope to match them with the winning numbers drawn in the lottery. The jackpot is won by correctly matching all numbers.
What is the biggest jackpot ever won in Powerball?
—The biggest Powerball jackpot was $2.04 billion and was won in 2022 by a man in California.
What is the biggest jackpot ever won in Mega Millions?
—The biggest Mega Millions jackpot was $1.54 billion and was won in 2018.
Are lottery winnings taxed?
—Yes, lottery winnings are subject to federal and state taxes.
What are the odds of winning the lottery?
—The odds of winning the jackpot in Powerball are approximately 1 in 292 million, while the odds in Mega Millions are 1 in 302 million.
00:00Lotteries have a long history and have been used to fund public projects.
07:58Powerball and Mega Millions offer enormous jackpots, reaching billions of dollars.
09:26Both lotteries expanded their reach through partnerships and are now available in most states.
10:50Winning the lottery can be a life-changing event, but it comes with its own set of challenges.
13:32Powerball and Mega Millions have become cultural phenomena, attracting millions of players across the country.
