Mega Millions and Powerball offer over $1 billion in combined lottery jackpots

Oct 16, 2026, 10:06 am (6 comments)

Mega Millions / Powerball

Chance to win $403 million tonight and $600 million tomorrow

By Todd Northrop

Lottery players have two massive multi-state jackpots to try to win this week, adding up to just over $1 billion in total.

According to leading multi-state lottery website USA Mega, the Mega Millions jackpot sits at an estimated $403 million with a cash value of $162.1 million for tonight's drawing, while Saturday's Powerball drawing offers a $600 million estimated jackpot with a cash option of $246 million.

Powerball is currently ranked as the 29th-largest US lottery jackpot of all time, while Mega Millions is the 60th-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, again in 2021, and then again last July. The current duo of massive jackpots is the first time players have seen prizes of this magnitude since a $1 billion Powerball jackpot was won on Aug. 12, 2026. That winning ticket was claimed anonymously in September.

The winning numbers for the Powerball drawing on Wed., Oct. 14, 2026 were 3, 34, 37, 42, and 46, with Powerball number 20. The Power Play multiplier was 3. One lucky ticket sold in Minnesota matched all five numbers for a $1 million prize that was multiplied to $2 million with Power Play, missing the entire jackpot by just the Powerball number.

The Mega Millions drawing on Tue., Oct. 13, 2026 produced the winning numbers 11, 12, 15, 40, and 66, with Mega Ball number 17. No tickets matched the first five numbers.

Tonight's Mega Millions drawing will take place at 11:00 pm Eastern Time (8:00 pm Pacific). The next Powerball drawing is set for Sat., Oct. 17 at 10:59 pm Eastern Time (7:59 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.

Powerball tickets are $2 per play and Mega Millions tickets are $5 per play. Both games can be purchased at lottery retailers in 45 states, plus the District of Columbia, Puerto Rico, the United Kingdom, and the U.S. Virgin Islands. (Mega Millions is not offered in Puerto Rico or the United Kingdom.)

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, Australia, Mexico, much of Canada, and the Caribbean.

Mega Millions includes a built-in multiplier that can boost non-jackpot prizes. Powerball players can multiply prizes with the Power Play option for an additional $1 per play. In several 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

Saturday's Powerball jackpot currently stands as the 29th-largest lottery jackpot of all time in the United States, and the 17th-largest Powerball jackpot ever. Friday's Mega Millions jackpot currently stands as the 60th-largest lottery jackpot of all time in the United States, and the 28th-largest Mega Millions jackpot ever. Both jackpots are shown at the end of list at their respective rankings.

  1. Powerball: $2.0401 billion, Nov. 7, 2022 (40 rollovers, starting at $20 million) - California
  2. Powerball: $1.8168 billion, Dec. 24, 2025 (46 rollovers, starting at $20 million) - Arkansas
  3. Powerball: $1.7874 billion, Sep. 6, 2025 (41 rollovers, starting at $20 million) - Missouri, Texas
  4. Powerball: $1.7649 billion, Oct. 11, 2023 (35 rollovers, starting at $20 million) - California
  5. Mega Millions: $1.602 billion, Aug. 8, 2023 (31 rollovers, starting at $20 million) - Florida
  6. Powerball: $1.5864 billion, Jan. 13, 2016 (19 rollovers, starting at $40 million) - California, Florida, Tennessee
  7. Mega Millions: $1.537 billion, Oct. 23, 2018 (25 rollovers, starting at $40 million) - South Carolina
  8. Mega Millions: $1.348 billion, Jan. 13, 2023 (25 rollovers, starting at $20 million) - Maine
  9. Mega Millions: $1.337 billion, Jul. 29, 2022 (29 rollovers, starting at $20 million) - Illinois
  10. Powerball: $1.3259 billion, Apr. 6, 2024 (40 rollovers, starting at $20 million) - Oregon
  11. Mega Millions: $1.269 billion, Dec. 27, 2024 (30 rollovers, starting at $20 million) - California
  12. Mega Millions: $1.128 billion, Mar. 26, 2024 (30 rollovers, starting at $20 million) - New Jersey
  13. Powerball: $1.0798 billion, Jul. 19, 2023 (38 rollovers, starting at $20 million) - California
  14. Mega Millions: $1.05 billion, Jan. 22, 2021 (36 rollovers, starting at $20 million) - Michigan
  15. Powerball: $1.0402 billion, Aug. 12, 2026 (43 rollovers, starting at $20 million) - Illinois
  16. Mega Millions: $983 million, Nov. 14, 2025 (39 rollovers, starting at $50 million) - Georgia
  17. Powerball: $842.4 million, Jan. 1, 2024 (34 rollovers, starting at $20 million) - Michigan
  18. Mega Millions: $810 million, Sep. 10, 2024 (27 rollovers, starting at $20 million) - Texas
  19. Mega Millions: $803 million, Jul. 28, 2026 (37 rollovers, starting at $50 million) - Florida
  20. Powerball: $768.4 million, Mar. 27, 2019 (25 rollovers, starting at $40 million) - Wisconsin
  21. Powerball: $758.7 million, Aug. 23, 2017 (20 rollovers, starting at $40 million) - Massachusetts
  22. Powerball: $754.6 million, Feb. 6, 2023 (33 rollovers, starting at $20 million) - Washington
  23. Powerball: $731.1 million, Jan. 20, 2021 (35 rollovers, starting at $20 million) - Maryland
  24. Powerball: $699.8 million, Oct. 4, 2021 (40 rollovers, starting at $20 million) - California
  25. Powerball: $687.8 million, Oct. 27, 2018 (21 rollovers, starting at $40 million) - Iowa, New York
  26. Ranks 26 to 28 are not shown
  27. Powerball: $600 million, Oct. 17, 2026 (27 rollovers, starting at $20 million) - Preliminary estimate, not won yet
  28. Ranks 30 to 59 are not shown
  29. Mega Millions: $403 million, Oct. 16, 2026 (22 rollovers, starting at $50 million) - Preliminary estimate, not won yet

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

  • Powerball: 15
  • Mega Millions: 10

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.

Looking at the cash value, the upcoming Powerball jackpot ranks as the 57th-largest cash value in U.S. history. The upcoming Mega Millions jackpot ranks as the 94th-largest cash value in U.S. history. Both cash values are shown at the end of list at their respective rankings. 

  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. Powerball: $834.9 million cash, Dec. 24, 2025 ($1.8168 billion annuity) - Arkansas
  5. Powerball: $820.6 million cash, Sep. 6, 2025 ($1.7874 billion annuity) - Missouri, Texas
  6. Mega Millions: $794.2 million cash, Aug. 8, 2023 ($1.602 billion annuity) - Florida
  7. Mega Millions: $780.5 million cash, Jul. 29, 2022 ($1.337 billion annuity) - Illinois
  8. Mega Millions: $776.6 million cash, Jan. 22, 2021 ($1.05 billion annuity) - Michigan
  9. Powerball: $774.1 million cash, Oct. 11, 2023 ($1.7649 billion annuity) - California
  10. Mega Millions: $723.5 million cash, Jan. 13, 2023 ($1.348 billion annuity) - Maine
  11. Powerball: $621 million cash, Apr. 6, 2024 ($1.3259 billion annuity) - Oregon
  12. Mega Millions: $571.9 million cash, Dec. 27, 2024 ($1.269 billion annuity) - California
  13. Powerball: $558.1 million cash, Jul. 19, 2023 ($1.0798 billion annuity) - California
  14. Powerball: $546.8 million cash, Jan. 20, 2021 ($731.1 million annuity) - Maryland
  15. Mega Millions: $536.6 million cash, Mar. 26, 2024 ($1.128 billion annuity) - New Jersey
  16. Powerball: $496 million cash, Oct. 4, 2021 ($699.8 million annuity) - California
  17. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) - Massachusetts
  18. Powerball: $477 million cash, Mar. 27, 2019 ($768.4 million annuity) - Wisconsin
  19. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) - Illinois, Kansas, Maryland
  20. Mega Millions: $453.6 million cash, Nov. 14, 2025 ($983 million annuity) - Georgia
  21. Powerball: $450.5 million cash, Aug. 12, 2026 ($1.0402 billion annuity) - Illinois
  22. Powerball: $450.2 million cash, Jan. 5, 2022 ($632.6 million annuity) - California, Wisconsin
  23. Powerball: $425.2 million cash, Jan. 1, 2024 ($842.4 million annuity) - Michigan
  24. Mega Millions: $409.3 million cash, Sep. 10, 2024 ($810 million annuity) - Texas
  25. Powerball: $407.2 million cash, Feb. 6, 2023 ($754.6 million annuity) - Washington
  26. Ranks 26 to 56 are not shown
  27. Powerball: $246 million cash, Oct. 17, 2026 ($600 million annuity) - Preliminary estimate, not won yet
  28. Ranks 58 to 93 are not shown
  29. Mega Millions: $162.1 million cash, Oct. 16, 2026 ($403 million annuity) - Preliminary estimate, not won yet

The number of jackpot cash values in the top 25, by lottery game, are:

  • Powerball: 15
  • Mega Millions: 10

Lottery Post Staff

Comments

Droptop209's avatarDroptop209

Finally sold the 1995 Honda Accord 10 days ago...From now on its

 

Goodbye 2006 Chevy Malibu.  Hello Porsche.

hearsetrax's avatarhearsetrax

best of luck to those that are playing both tonight & tomorrow night

Todd's avatarTodd

Quote: Originally posted by Droptop209 on Oct 16, 2026

Finally sold the 1995 Honda Accord 10 days ago...From now on its

 

Goodbye 2006 Chevy Malibu.  Hello Porsche.

Correction: Hello Tesla Roadster

Jackpot777's avatarJackpot777

It is a dream to win either of these jackpots.

No, I can't make it to Oregon to buy tickets this week to stay anonymous, but I will be printing off some of my anonymity fliers.   

Good luck to the Lottery Post players!!

 

Edit:  I'm not a huge car enthusiast, so I don't have a specific model in mind, but I'm sure I could find something luxurious after winning. It would be nice, but nothing too flashy. 

hearsetrax's avatarhearsetrax

Quote: Originally posted by Todd on Oct 16, 2026

Correction: Hello Tesla Roadster

don't make me lose my lunch LOL 

Droptop209's avatarDroptop209

Quote: Originally posted by Todd on Oct 16, 2026

Correction: Hello Tesla Roadster

🤣

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