Massachusetts Powerball player wins $1 million

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The amount you will win is likely $0, because the odds of winning either jackpot are one in several hundred million.

Friday's Mega Millions along with Wednesday's Powerball jackpot, which stands at $345 million, are worth more than a cool billion dollars. The other significant change that helped fuel the jackpot growth was the increase in the Mega Millions ticket price, which doubled to $2.

Mega Millions tickets cost $2 per play and there are a total of nine ways to win a prize, ranging from the jackpot down to $2.

More than $1 billion is up for grabs in this weekend's drawings for the nation's two giant multi-state lottery games, and North Carolina players have as good a chance as anyone at winning. The odds of winning the top prize were 1 in 258,890,850. They're stuck at a miserable one in 302.5 million.

Since Mega Millions modified the formula, players now pick five numbers from 1 to 70 and a Mega number of 1 to 25. The winning numbers on Tuesday were 69, 45, 61, 3, 49, and the Mega Ball was 9.

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The already record-high Mega Millions jackpot ballooned to a whopping $970 million on Thursday, according to lottery officials.

State lottery commissions have relied on human psychology and the spirit of optimism to fuel sales.

"It really draws in what we call the infrequent player", says Johnson.

The largest USA jackpot was about $1.6 billion, for a 2016 Powerball contest, and it was shared by the holders of three winning tickets.

Mega Millions is in "uncharted territory", Medenica said, and the lotteries' financial models can not predict what will happen. Michigan Lottery said the majority of tickets for a jackpot are purchased on the day of the drawing. On Wednesday, the jackpot was bumped from $868 million to $900 million.