Powerball, Mega Millions jumbo jackpots soar, now at a combined $1.2 billion: reports

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Powerball, Mega Millions jumbo jackpots soar, now at a combined $1.2 billion: reports
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Powerball and Mega Millions are both soaring after no jackpot winners were announced earlier this week, meaning now you’ll be even luckier if you strike it big.

are both soaring after no jackpot winners were announced earlier this week, meaning now you’ll be even luckier if you strike it big.

No one won after Monday’s Powerball drawing, so the grand prize has jumped to an estimated $725 million, with a lump sum payout of $366.2 million before taxes. This turns out to be the seventh-largest Powerball jackpot., which also has its seventh-largest prize. Since there was no winner for Tuesday night’s drawing, the estimated jackpot is now up to $560 million, with a cash option before taxes of $281.1 million.

Now, both offer a combined $1.2 billion -- surging into record-breaking territory -- according to reports from CNN and Dayton News Daily.The next drawing for Powerball will be today for the grand prize jackpot, so be sure to play to secure a chance at winning it big. Powerball drawings are held each Monday, Wednesday, and Saturday.

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