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Powerball, Mega Millions jackpots worth $700 million

Mega Millions and Powerball jackpot prizes this week total more than $700 million combined.

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Mega Millions and Powerball jackpot prizes this week total more than $700 million combined.

Monday's Powerball jackpot is a $336 million annuity (worth $176.7 million in cash) and Tuesday's Mega Millions jackpot is a $380 million annuity (worth $198.4 million in cash).

The odds of winning the Powerball jackpot are 1 in 292 million. The odds of winning a Mega Millions jackpot are 1 in 302 million.

Both drawings are on WRAL-TV before the 11 p.m. news.

“Powerball and Mega Millions continue to climb with both games offering life-changing jackpots this week,” said Mark Michalko, executive director of the N.C. Education Lottery. “It’s important for players to remember that both games offer nine ways to win including the jackpot so check all of your tickets closely after each drawing.”

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