Des Moines, Iowa (Associated Press)-After earning relatively insignificant prizes for a long time, American lottery players can now choose to offer games with jackpots exceeding $1 billion.
The super millionaire’s prize draw on Tuesday night has climbed to $615 million, and the highest prize in the Powerball game is $550 million higher than Wednesday’s draw.
It has been nearly two years since the lottery games of the two countries provided such generous prizes, and the second time for these two prizes both exceeded $500 million.
The projected Mega Million Award is the eighth largest in U.S. history, And the Powerball jackpot is the 1
Since last spring, due to the slowdown in sales due to the coronavirus, officials have lowered the minimum guarantee amount and stopped promising to increase specific odds, so lottery prizes have been growing at a slower rate.
Carole Gentry, a spokeswoman for the Maryland Lottery and Gaming Corporation, said on Monday that the main reason why the prize money is so high is that it has been months since anyone has won the first prize. But Gentry also speculates that more and more people are buying tickets because “it is fun to focus on something in the new year”, which leads to faster growth of prizes.
Playing the game is as fun as possible and people should realize that the chance of winning the jackpot is very small. The probability of winning the Powerball jackpot is one in 292.2 million, and the probability of a super millionaire is even one in 302.5 million.
The jackpot promoted by the lottery also refers to the winners who choose the annuity option, and the prizes are issued within 30 years. Almost all the winners actually chose cash options, which are now estimated at $451.8 million for millionaires and $411.4 million for Powerball.
Both Super Millionaires and Powerball are held in 45 states as well as Washington, DC and the U.S. Virgin Islands. Powerball is also provided in Puerto Rico.