The $1.4 BILLION in lotto winnings up for grabs this week

Ash Cant
·2-min read

More than $1 billion is up for grabs in two US lotto jackpots this week.

Australians can purchase tickets in lotteries run by gaming companies including The Lottery Office who in turn purchase a ticket in the US mega draws.

Both the USA Power Lotto and USA Mega Lotto have jackpotted, with the maximum winnings for each now at A$714m and A$798m respectively. The Mega Lotto jackpot will be drawn on Wednesday afternoon, and Power Lotto on Friday (Australian times).

Australians could win over $1 billion in lotto this week, after. two major draws in the US jackpotted. Source:  Getty Images
Australians could possibly win over $1 billion in lotto this week after two major draws in the US jackpotted. Source: Getty Images

If winners opt for a cash prize for each draw, the winning amounts are A$534 and $586 million respectively. The odds of winning each jackpot are about 300 million to 1.

Draws could see biggest win in Aussie lottery history

The Lottery Office CEO Jaclyn Wood said Australians have a chance to pocket the biggest lottery win in Australian history if a local wins one of the draws.

“A $700 million win would not only be an Australian first but could make the lucky winner richer than celebrities like Leonardo DiCaprio, Taylor Swift and Serena Williams,” Ms Wood said in a media release.

“The Lottery Office’s USA Power Lotto and USA Mega Lotto match the US Powerball and Mega Millions draws respectively,” Ms Wood said.

“If the customer wins, we pay them the exact amount of the winnings we collect from the overseas lottery ticket.”

Last year in June, one player from Sydney was one number away from winning more than $500 million in the USA Mega Lotto draw.

Starting 2021 on a high note, a Lotto syndicate in Western Australia won $1.5 million after purchasing tickets for 22 years.

“We didn’t stop because it would have annoyed me if our numbers ever came up,” one of the winners said.

If gambling is a problem for you go to Gambling Help Online or call 1800 858 858.

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