Mega Millions, Powerball jackpots soar to a combined $1 billion

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Watch the report from Action News at 4:30 p.m. on January 5, 2018. (David Goldman)

It's a billion dollar weekend for lottery players.

$450 million will be up for grabs in Friday's Mega Millions drawing and Saturday's Powerball jackpot is worth another $570 million.

No one has hit the Mega Millions jackpot since October 13, 2017, while Powerball has not had a jackpot winner since October 25.

The largest Powerball jackpot on record was $1.586 billion, which was won last January.

The current jackpot is the nation's 8th largest lottery prize ever.
Powerball is played in 44 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands. The odds of winning are one in 292.2 million.

The biggest Mega Millions jackpot dates back to 2012 when three winners split $656 million. The current jackpot is the 12th largest prize
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