Powerball Jackpot Soars to $1.09 Billion, Mega Millions at $45 Million

As lottery jackpots reach record highs, winners face hefty taxes and sales contribute to state programs.

The Powerball jackpot has climbed to an estimated $1.09 billion after no winners in recent drawings, making it the fourth-largest in the game's history.
Mega Millions jackpot for Tuesday's drawing reached $45 million, with a cash option of $20.8 million, after no one hit the jackpot in the previous drawing.
Powerball and Mega Millions jackpots continue to grow, attracting attention with their record-high prizes and challenging odds of winning.
Winners of large lottery prizes in the U.S. face significant tax deductions, reducing their take-home amounts substantially.
Lottery sales contribute to various state programs, including education and property tax relief, despite criticisms of being regressive.