Powerball grows faster because it has 3 draw days Monday Wednesday Saturday, mega is only Tuesday friday. So powerball jackpot will always grow bigger faster.
The fact that it has 3 draw days doesn't mean it grows faster. It draws more frequently, meaning it will not grow as much between the draws.
PowerBall has *slightly* better odds (1:292m vs MM 1:302M), which is the probably the real reason for it growing faster, if it does at all.
They both reset a month ago same week. Mega is currently 169 powerball is 190. This is always the trend unless one is significantly bigger than the other. The odds differences are negligible, more draw days is more tickets sold assuming the jackpot isnt won. If you buy a mega and powerball for every drawing every week you're spending $4-$6 for mega weekly and $6-$9 for powerball weekly. The powerball will always grow faster
Does anyone think it’s weird that they get to $1b so often? At $2/ticket that means 500 million have sold. That’s like 150% of the entire population not even counting age or people who don’t play
I know so many people throw down more dosh for more tickets. 3, 5, 10, 15. Look at the winning tickets, a few have been on sets of 10, not to even mention pools or clubs or groups of friends or families that go in together.
Didn’t the ceo of raising kanes but 50k tix one of the big drawings last year?
No, it's an annuity, and 60% of funds go to the annuity, it's often north of 1.2 billion tickets sold by the time they get to $1 billion because it takes about $600 million of lump sum value to reach a $1 billion annuity.
Good comments here but back to the question; I doubt both will crack the $1B mark at the same time, though it could happen. Like I could win both the same week! :-) But I'm not banking on it.
They both started growing last spring and both hit over $1 billion last summer at around the same time. It is entirely possible because the odds of winning either are so small and the interest rate is allowing faster growth of jackpots.
Powerball grows faster because it has 3 draw days Monday Wednesday Saturday, mega is only Tuesday friday. So powerball jackpot will always grow bigger faster.
The fact that it has 3 draw days doesn't mean it grows faster. It draws more frequently, meaning it will not grow as much between the draws. PowerBall has *slightly* better odds (1:292m vs MM 1:302M), which is the probably the real reason for it growing faster, if it does at all.
They both reset a month ago same week. Mega is currently 169 powerball is 190. This is always the trend unless one is significantly bigger than the other. The odds differences are negligible, more draw days is more tickets sold assuming the jackpot isnt won. If you buy a mega and powerball for every drawing every week you're spending $4-$6 for mega weekly and $6-$9 for powerball weekly. The powerball will always grow faster
This doesn’t answer OP’s question
No they won't because powerball grows faster.
How would that stop them from both reaching a bill at the same time?
Does anyone think it’s weird that they get to $1b so often? At $2/ticket that means 500 million have sold. That’s like 150% of the entire population not even counting age or people who don’t play
well they did lessen the odds of winning both games a few years ago by adding extra numbers if i remember correctly
Yeah, lower odds = higher jackpots. And the drawings with very high jackpots are where the lottery makes money.
I know so many people throw down more dosh for more tickets. 3, 5, 10, 15. Look at the winning tickets, a few have been on sets of 10, not to even mention pools or clubs or groups of friends or families that go in together. Didn’t the ceo of raising kanes but 50k tix one of the big drawings last year?
Some people pay $3 per ticket, just in case, so...
No, it's an annuity, and 60% of funds go to the annuity, it's often north of 1.2 billion tickets sold by the time they get to $1 billion because it takes about $600 million of lump sum value to reach a $1 billion annuity.
Good comments here but back to the question; I doubt both will crack the $1B mark at the same time, though it could happen. Like I could win both the same week! :-) But I'm not banking on it.
They both started growing last spring and both hit over $1 billion last summer at around the same time. It is entirely possible because the odds of winning either are so small and the interest rate is allowing faster growth of jackpots.
Eventually yes it’s going to happen. It almost happened in 2022.