The combined jackpots for the next Mega Millions and Powerball are $783 million — here’s when they’re drawn

  • The Mega Millions jackpot is up to $US343 million, while the Powerball jackpot is up to $US440 million.
  • Mega Millions’ next drawing is scheduled for Tuesday evening, with Powerball to follow on Wednesday evening.
  • Maths still suggests buying a lottery ticket is a losing bet.

It’s a big week for the lottery.

The Mega Millions drawing scheduled for 11 p.m. ET on Tuesday has an estimated jackpot of $US343 million, as of about noon ET, and the Powerball drawing scheduled for 10:59 p.m. Wednesday has an estimated prize of $US440 million.

That’s about $US783 million between the two multistate lotteries.

Of course, the odds of winning either, let alone both, are astronomically stacked against ticket buyers.

Indeed, Business Insider looked at the similarly large jackpots before last weekend’s drawings and concluded that, even though the headline prizes were getting pretty big, the maths suggests buying a ticket would not be a winning bet.

Regardless, good luck to anyone playing either or both of this week’s drawings!