Powerball and Megabucks Jackpots at Highest in Months

Wisconsin Lottery sent this bulletin at 01/08/2020 02:36 PM CST

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January 8, 2020
FOR IMMEDIATE RELEASE
Contact: WILotteryCommunications@wisconsin.gov

 

Powerball and Megabucks Jackpots at Highest in Months
January jackpots are climbing for Wisconsin-only Megabucks and Powerball

MADISON, Wis. – Wisconsin Lottery's Wisconsin-only lotto game Megabucks has an estimated jackpot of $8 million annuity, $6 million cash for the Wednesday, January 8 drawing. Since the game launched in 1992, only 14% of draws—specifically 396 of 2,875 draws—have had a jackpot higher than $8 million.

The multi-state Powerball jackpot continues to climb as well and the estimated jackpot for the Wednesday, January 8 drawing is $258 million annuity, $175.5 million cash. The Powerball jackpot has not been above the $250 million mark since June 2019.

The odds of winning the Megabucks jackpot are 1 in 6,991,908. Megabucks drawings are Wednesday and Saturday. Each set of two plays cost $1 per draw. Tickets must be purchased before 9 p.m. on Wednesday and Saturday to be included in that day's drawing.

The odds of winning the Powerball jackpot are 1 in 292,201,338. Powerball drawings are Wednesday and Saturday at 9:59 p.m. Tickets must be purchased before 9 p.m. on Wednesday and Saturday to be included in that day’s drawing.
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ABOUT THE WISCONSIN LOTTERY

The Wisconsin Lottery enriches communities statewide by giving back 93 percent of its revenue to winners, retailers, and Wisconsin homeowners. Of each dollar spent on the Wisconsin Lottery, 57 cents goes back to prizes, 30 cents to property tax credits, seven cents to operations and six cents to retailers.

Since 1988, the Wisconsin Lottery has generated:

  • More than $15.3 billion in total revenue

  • Over $8.7 billion in prizes paid

  • More than $4.6 billion in funding for property tax credits to eligible Wisconsin homeowners

 

For more about the Wisconsin Lottery, visit wilottery.com. Follow the Wisconsin Lottery on Facebook (/wilottery), Instagram (@wilottery), Twitter (@wilottery), and YouTube (/wilottery).

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