Chance to win $675 million tonight

Story updated to reflect increased Powerball jackpot

By Todd Northrop

Lottery players have two massive multi-state jackpots to try to win this week, adding up to a whopping $1.13 billion in total.

According to leading multi-state lottery website USA Mega, the Mega Millions jackpot sits at an estimated $480 million with a cash value of $240.7 million, while tonight's Powerball drawing offers a $675 million estimated jackpot with a cash option of $340.9 million.

Powerball is currently ranked as the 13th-largest US lottery jackpot of all time, while Mega Millions is the 28th-largest. (See the complete top 25 annuity and cash jackpots below.)

Lottery players dreaming of what the cash would look like in their bank account can get quite an accurate picture by visiting USA Mega's Powerball Jackpot Analysis and Mega Millions Jackpot Analysis pages. They present the after-tax cash and annuity prize amounts reported state-by-state, showing both the initial withholdings by the lottery as well as the final taxes due — and even lets you specify your IRS filing status.

Players should note that jackpot amounts are conservative estimates provided by the lotteries and are often somewhat higher by the time the drawing occurs.

The rising Powerball and Mega Millions jackpots are growing similarly to how the two multi-state jackpots simultaneously climbed during the height of the coronavirus pandemic in 2020, and again in 2021. The current duo of massive jackpots is the first time players have seen prizes of this magnitude since a record $2 billion Powerball jackpot was won in Nov. 2022, and subsequently claimed by Edwin Castro, who purchased the winning ticket in Altadena, California.

The winning numbers for the Powerball drawing on Sat., Jul. 8, 2023 were 7, 23, 24, 32, and 43, with Powerball number 18. Three lucky tickets sold in California, Colorado, and Illinois matched all five numbers for a $1 million prize, missing the entire jackpot by just the Powerball number. (The California winner will claim a prize of $2,680,384 due to the state's pari-mutuel payout structure.)

The Mega Millions drawing on Fri., Jul. 7, 2023 produced the winning numbers 8, 10, 17, 55, and 66, with Mega Ball number 3. One ticket sold in California matched the first five numbers to win a $1,698,158 prize.

Tonight's Powerball drawing will take place at 10:59 pm Eastern Time (7:59 pm Pacific). The next Mega Millions drawing is set for Tues., Jul. 11 at 11:00 pm Eastern Time (8:00 pm Pacific).

USA Mega publishes all the important information about both multi-state games in one place: the winning numbers, official drawing videos, locations of big winners, number of winners in each prize category, upcoming jackpots with after-tax payouts, statistics, and analysis.

Mega Millions and Powerball tickets are $2 per play and can be purchased at lottery retailers in 45 states, plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands. (Mega Millions is not offered in Puerto Rico.)

Players looking for a nearby lottery retailer — or that out-of-the-way retailer with a smaller line — are encouraged to use Lottery Places, an app for iOS, Android, and Windows that can locate the nearest lottery retailers in every jurisdiction that sells Powerball and Mega Millions. The helpful app can locate lottery retailers in the United States, the United Kingdom, Mexico, much of Canada, and the Caribbean.

Mega Millions players can multiply prizes with the Megaplier option for an additional $1 per play. In several (but not all) states, Mega Millions also offers an optional $3 wager called Just the Jackpot that allows players to receive two entries for a chance to win the game's jackpot prize only.

Powerball players can multiply prizes with the Power Play option for an additional $1 per play. In fourteen Powerball jurisdictions, players can also participate in a second drawing called Powerball Double Play for an extra $1 per play, in which the numbers on their ticket are entered into a second drawing with the possibility of winning up to $10 million in cash. More information about Double Play can be found at USA Mega's How to Play Powerball page.

Top 25 United States lottery jackpots of all time

The following list shows the top 25 United States lottery jackpots of all time. Well, actually the top 28, so that we could include the current Mega Millions jackpot in the list. The current Powerball annuity ranks as the 13th-largest United States lottery jackpot in history.

1. Powerball: $2.0401 billion, Nov. 7, 2022 (40 rollovers, starting at $20 million) - California
2. Powerball: $1.5864 billion, Jan. 13, 2016 (19 rollovers, starting at $40 million) - California, Florida, Tennessee
3. Mega Millions: $1.537 billion, Oct. 23, 2018 (25 rollovers, starting at $40 million) - South Carolina
4. Mega Millions: $1.348 billion, Jan. 13, 2023 (25 rollovers, starting at $20 million) - Maine
5. Mega Millions: $1.337 billion, Jul. 29, 2022 (29 rollovers, starting at $20 million) - Illinois
6. Mega Millions: $1.05 billion, Jan. 22, 2021 (36 rollovers, starting at $20 million) - Michigan
7. Powerball: $768.4 million, Mar. 27, 2019 (25 rollovers, starting at $40 million) - Wisconsin
8. Powerball: $758.7 million, Aug. 23, 2017 (20 rollovers, starting at $40 million) - Massachusetts
9. Powerball: $754.6 million, Feb. 6, 2023 (33 rollovers, starting at $20 million) - Washington
10. Powerball: $731.1 million, Jan. 20, 2021 (35 rollovers, starting at $20 million) - Maryland
11. Powerball: $699.8 million, Oct. 4, 2021 (40 rollovers, starting at $20 million) - California
12. Powerball: $687.8 million, Oct. 27, 2018 (21 rollovers, starting at $40 million) - Iowa, New York
13. Powerball: $675 million, Jul. 10, 2023 (34 rollovers, starting at $20 million) - Preliminary estimate, not won yet
14. Mega Millions: $656 million, Mar. 30, 2012 (18 rollovers, starting at $12 million) - Illinois, Kansas, Maryland
15. Mega Millions: $648 million, Dec. 17, 2013 (21 rollovers, starting at $12 million) - California, Georgia
16. Powerball: $632.6 million, Jan 5, 2022 (39 rollovers, starting at $20 million) - California, Wisconsin
17. Powerball: $590.5 million, May 18, 2013 (13 rollovers, starting at $40 million) - Florida
18. Powerball: $587.5 million, Nov. 28, 2012 (15 rollovers, starting at $40 million) - Arizona, Missouri
19. Powerball: $564.1 million, Feb. 11, 2015 (20 rollovers, starting at $40 million) - North Carolina, Puerto Rico, Texas
20. Powerball: $559.7 million, Jan. 6, 2018 (20 rollovers, starting at $40 million) - New Hampshire
21. Mega Millions: $543 million, Jul. 24, 2018 (22 rollovers, starting at $40 million) - California
22. Mega Millions: $536 million, Jul. 8, 2016 (34 rollovers, starting at $15 million) - Indiana
23. Mega Millions: $533 million, Mar. 30, 2018 (23 rollovers, starting at $40 million) - New Jersey
24. Mega Millions: $522 million, Jun. 7, 2019 (24 rollovers, starting at $40 million) - California
25. Mega Millions: $516 million, May 21, 2021 (26 rollovers, starting at $20 million) - Pennsylvania
26. Mega Millions: $502 million, Oct. 14, 2022 (21 rollovers, starting at $20 million) - California, Florida
27. Powerball: $487 million, Jul. 30, 2016 (23 rollovers, starting at $40 million) - New Hampshire
28. Mega Millions: $480 million, Jul. 11, 2023 (23 rollovers, starting at $20 million) - Preliminary estimate, not won yet

For those keeping score, the number of jackpots in the top 25, by lottery game, are:

• Powerball: 14
• Mega Millions: 11

Top 25 cash value jackpots

Since many lottery winners collect their winnings in cash, the lump-sum payout is an important measure of what a winning ticket could be worth.

The upcoming Powerball jackpot ranks as the 23rd-largest United States lottery jackpot cash value of all time, while the Mega Millions jackpot ranks as the 45th-largest cash value of all time (not shown below).

1. Powerball: $997.6 million cash, Nov. 7, 2022 ($2.0401 billion annuity) - California
2. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) - California, Florida, Tennessee
3. Mega Millions: $877.8 million cash, Oct. 23, 2018 ($1.537 billion annuity) - South Carolina
4. Mega Millions: $780.5 million cash, Jul. 29, 2022 ($1.337 billion annuity) - Illinois
5. Mega Millions: $776.6 million cash, Jan. 22, 2021 ($1.05 billion annuity) - Michigan
6. Mega Millions: $723.5 million cash, Jan. 13, 2023 ($1.348 billion annuity) - Maine
7. Powerball: $546.8 million cash, Jan. 20, 2021 ($731.1 million annuity) - Maryland
8. Powerball: $496 million cash, Oct. 4, 2021 ($699.8 million annuity) - California
9. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) - Massachusetts
10. Powerball: $477 million cash, Mar. 27, 2019 ($768.4 million annuity) - Wisconsin
11. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
12. Powerball: $450.2 million cash, Jan. 5, 2022 ($632.6 million annuity) - California, Wisconsin
13. Powerball: $407.2 million cash, Feb. 6, 2023 ($754.6 million annuity) - Washington
14. Powerball: $396.2 million cash, Oct. 27, 2018 ($687.8 million annuity) - Iowa, New York
15. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) - Arizona, Missouri
16. Powerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) - North Carolina, Puerto Rico, Texas
17. Mega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) - Indiana
18. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) - Florida
19. Powerball: $352 million cash, Jan. 6, 2018 ($559.7 million annuity) - New Hampshire
20. Mega Millions: $349.3 million cash, May 21, 2021 ($516 million annuity) - Pennsylvania
21. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($648 million annuity) - California, Georgia
22. Powerball: $341.7 million cash, Jul. 30, 2016 ($487 million annuity) - New Hampshire
23. Powerball: $340.9 million cash, Jul. 10, 2023 ($675 million annuity) - Preliminary estimate, not won yet
24. Mega Millions: $340 million cash, Jun. 7, 2019 ($522 million annuity) - California
25. Mega Millions: $324 million cash, Mar. 30, 2018 ($533 million annuity) - New Jersey

The number of cash value jackpots in the top 25, by lottery game, are:

• Powerball: 15
• Mega Millions: 10