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Powerball vs Mega Millions

By Mateo Ramírez · Reviewed

Verdict

Jackpot odds are almost identical. Powerball is cheaper (US$2) and drawn three times a week; Mega Millions costs US$5 but pays multiplied lower prizes and starts from a bigger jackpot (US$50 million).[1][2]

1Key differences

Table 1. Rules compared.
Mega MillionsPowerball
PriceUS$5US$2 (+US$1 Power Play)
Numbers5 of 70 + 1 of 245 of 69 + 1 of 26
Results in SAWed and Sat morningsTue, Thu and Sun mornings
MultiplierIncluded, 2x–10xOptional, 2x–10x
Starting jackpotUS$50 millionUS$20 million
Jackpot odds1 in 290,472,3361 in 292,201,338
Any prize1 in 23.071 in 24.87
Record jackpotUS$1.602 billion (2023)US$2.04 billion (2022)[3]

2Prizes tier by tier

Table 2. Base prize per tier (no multiplier).
MatchMega MillionsPowerball
5 + bonus ballJackpotJackpot
5US$1,000,000US$1,000,000
4 + bonus ballUS$10,000US$50,000
4US$500US$100
3 + bonus ballUS$200US$100
3US$10US$7
2 + bonus ballUS$7US$7
1 + bonus ballUS$7US$4
bonus ball onlyUS$5US$4

3Which suits your budget

More detail: Mega Millions prizes · Powerball prizes.

4Frequently asked questions

Which is easier to win, Powerball or Mega Millions?

The jackpot is almost equally hard (1 in 292.2 million vs 1 in 290.5 million). For smaller prizes Mega Millions is slightly easier: 1 in 23.07 vs 1 in 24.87.

Which pays more?

Per play, Mega Millions pays bigger lower-tier prizes because the multiplier is included, but each play costs US$5 against US$2. On the same budget Powerball gives you 2.5 times as many plays.

Which has bigger jackpots?

Both pass US$1 billion. The all-time record is Powerball's US$2.04 billion (2022); the Mega Millions record is US$1.602 billion (2023).

Sources

  1. Powerball. "Prizes and Odds", official prize chart. powerball.com
  2. South Dakota Lottery. "Mega Millions Update" (2025): new prize chart and odds. lottery.sd.gov
  3. Associated Press (via The Washington Times), "The 10 largest US lottery prizes ever won", 16 Dec 2025. m.washingtontimes.com