Powerball and Mega Millions are two of America’s most popular lotteries. Millions of people play the lottery every week, and it’s thanks to the draw of the million dollar prizes. However, how does Powerball compare to Mega Millions, and what’s the best to play?
Both Mega Millions and Powerball have their own advantages, but regardless of what you decide to play or even if you want to play both, you can do it here at Lotto247.com.
To start with, let's begin with a short history of both lotteries.
History of Mega Millions
Mega Millions was once known as the Big Game back in 1996. It was only played in a few states: Georgia, Illinois, Maryland, Massachusetts, Michigan and Virginia. It was only drawn weekly on Fridays at the time, and it was a member of the Multi-State Lottery Association (MUSL). In 1999, players were allowed to receive their prizes in cash, and the game eventually became Mega Millions in 2002. The format has changed over the years to accommodate more states and players. In October of 2017, the format was tweaked and the minimum jackpot of Mega Millions raised to $40 million and minimum rollovers of $5 million.
History of Powerball
Powerball started in 1988, years before Mega Millions even existed. The game was known as Lotto*America and only changed to Powerball 4 years later in 1992. When it launched in 1992, it was the first lottery game to use two drums to draw different sets of numbers. This gave higher jackpot odds and also gave several lower prizes to tempt people to buy tickets. As the years passed, the format and number matrix changed. Eventually, in January of 2012, the basic Powerball play doubled to $2, PowerPlay games became $3, and the minimum jackpot reached a staggering $40 million.
History of the Big Mega Millions Wins
The largest Mega Millions jackpot was $640 million at the time of drawing on March 30th, 2012. However, ticket sales pushed it up to $656 million, and three jackpot-winning tickets were located in Illinois, Kansas, and Maryland.
Before that, the second-largest Mega Millions jackpot was $648 million on the December 17th, 2013 drawing. There were two winning tickets, one from California and one from Georgia.
The third-largest Mega Millions jackpot was for $540 million and was played on July 8th, 2016. One ticket from Indiana won the jackpot, and the winner chose to withdraw in cash.
History of the Big Mega Powerball Wins
In comparison, Powerball wins are considerably bigger. On January 13th, 2016, the world’s largest lottery jackpot of approximately $1.586 billion was split between three Powerball ticket holders. Each player won roughly $528.8 million!
On August 23, 2017, a single ticket holder from Chicopee, Massachusetts won a staggering sum of over $750 million. It’s currently one of the largest paid out prizes in the history of the Powerball lottery.
On May 18th, 2013, Gloria C. MacKenzie won a massive $590.5 million from the Powerball lottery. At the time, it was the largest one-ticket jackpot to ever be seen.
Comparing Powerball and Mega Millions
Let’s compare both the Powerball and Mega Millions lotteries.
To start, both Mega Millions and Powerball have two draws per week to give you more chances to win. Both can also be played with our easy software at Lotto247.com, so you’re not required to visit the store and you can even play internationally, though you may be subject to specific tax rules depending on where you're from. Both Mega Millions and Powerball are regulated by trusted authorities, so your money is safe with both.
The minimum jackpot for both Mega Million and Powerball is $40 million and both lottery games have options for multipliers. However, the Powerball minimum rollover is $10 million vs Mega Millions offering just $5 million. While it’s still a lot of money, it’s ultimately less than Powerball. However, with that said, there are no other lotteries in the world that payout so much money and this is partially due to the love of lottery that Americans have in addition to the huge population that plays it.
When it comes to prizes, Powerball ultimately offers larger jackpots and on a more regular basis. However, due to the number matrix, you have less chance of winning than playing Mega Millions. For some people, this is the deal breaker because the increased chances of winning with Mega Millions is ultimately worth the money. However, if you want to win big, then Powerball is the best option for you.
Thankfully, you don’t need to pick which one to play with us. At Lotto247.com, you can play both games at the same time and you can forget about comparing which one is better or offers a better deal. Double your chances to win by playing both two times a week—don’t settle for less!
How to play Mega Millions and Powerball
Mega Millions is played by picking 5 numbers out of 70plus one extra number out of 25 known as the Megaball.
Powerball is played with 5 numbers out of 69 plus one extra number out of 26 known as the Powerball.
For Mega Millions, you can use the MegaPlier to multiply any winnings you get (except the jackpot) by up to 5 times.
For Powerball, you can use the PowerPlay option to multiple a prize from the 3rd to 9th division up to 10 times. The PowerPlay can also increase a 2nd place prize, but cannot be used for the jackpot.
By logging on to Lotto247.com, you can easily play both games and even have your numbers automatically picked for you. You can even check the draw results and pay easily with online methods instead of going to your local store and writing in numbers yourself. It’s quick, convenient and a fantastic way to get involved with America’s favourite lotteries.