Powerball, Mega Millions Jackpots: Everything You Need to Know

Powerball, Mega Millions Jackpots: Everything You Need to Know

Jackpots are popular all over the world. Mega Millions and Powerball are some of the most renowned jackpots.

Normally, the slot machine increases the total value of your winnings whenever you play another game. Some casinos offer games from third-party game developers. Betway has a variety of online games including Baccarat, Blackjack, and Roulette. Read on to learn more about Mega Millions and Powerball jackpots.

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Powerball Jackpot

Powerball is a lottery which is run in most American states. It uses two drums to pick winners. It has one drum for the red ball and another one for white balls. Draws are normally held on Saturday and Wednesday nights in Universal Studios, Orlando. The Powerball website, newspapers and television channels announce the winning numbers.

Gamers are required to match the red Powerball with five white balls to win the jackpot. However, Powerball doesn't award the jackpot in each drawing. It rolls over when none of the players pick the right six numbers.

Many gamblers buy tickets when the jackpot value increases thus making it hard for a draw to occur without having a winner. The jackpot soars from $40 million. It grows by $10 million whenever gamers fail to win the jackpot prize. At times, the ultimate prize increases to hundreds of millions of dollars. The largest Powerball jackpot was worth $1.5 billion. Cash prizes worth up to $2,000,000 are awarded in each Powerball draw. The PowerPlay option is recommended for jackpot matches of six or five balls.

Mega Millions

Mega Millions is a multi-state American lottery game. Jackpot draws occur on Fridays and Tuesdays in Atlanta, Georgia. It involves picking five numbers and a Mega Ball number. You can pay one dollar to use the Megaplier option and multiply the Megaplier number by non-jackpot wins. Visit https://www.betway.co.za/luckynumbers to pick a Mega Ball number. Mega Millions has the highest winning odds. It can easily surpass the billion-dollar limit.

The jackpot soars from $40 million. It has a $3 jackpot option which offers two tickets. However, you have to win the jackpot to receive a payout from that option. The advertised annuity jackpot is the cumulative amount of money you will receive in 29 yearly payments. Many jackpot winners pick the cash option which Mega Millions pay once. It is 40 percent less than the advertised Mega Millions jackpot.

Mega Millions has a set of 70 numbers and up to 25 Mega Ball numbers. You can choose the just the Jackpot or Megaplier option to play. Some gamers win by just matching the Mega Ball. Most jurisdictions allow gamers to claim prizes up to a year after the jackpot draw. Operators align the claim periods according to your preferred jurisdiction. Winners who receive more than $5,000 pay a 25 percent Federal tax.

Experienced punters play local jackpots or online jackpots. Local jackpots are huge win prizes in particular games which you can win at any time. Your winnings are usually credited to your account. Mega Millions and Powerball are among the leading online lotteries with a wide variety of prizes. Bookmakers such as Betway offer vital tips on how to pick lucky numbers and balls.

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