Powerball jackpot $321 million, Mega Millions $243 million; lottery results

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Powerball jackpot $321 million, Mega Millions $243 million; lottery results

The estimated jackpot for the drawing is $243 million. The lump sum payment before taxes would be about $189 million.

Powerball and Mega Millions both offer sizable jackpots for lottery players this weekend.

Thursday, March 1, 2018 is the last day the prize can be claimed.

Powerball jackpots start at $40 million and roll over until the jackpot is won. If there is no jackpot victor, the amount grows even larger for the next drawing. The holder of the ticket has since gone to court to preserve her anonymity.

The Mega Millions cash option is estimated at $143.8 million.

Sales time cut-offs vary by state but are usually one to two hours before the drawing. Three winning tickets were sold for that drawing, including one in bought in New Jersey by Englishtown couple Jorge and Joanne Lopes.

The average American spends about $200 a year on lottery tickets, though residents of some states spend far more.

According to the game's official website, the odds of winning the jackpot are 1 in 302,575,350. According to a study by LendEDU, the average MA resident spends $735 annually on lottery tickets.

Most of the people who buy the tickets end up winning anywhere between $1 and $50 via the "scratchers", the odds of which are far better than winning the jackpot.

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