$1.12 Billion Mega Millions Drawing Nears, Followed by $865 Million Powerball Prize

DES MOINES, Iowa — Another day, another giant lottery jackpot. 

Next up is an estimated $1.12 billion Mega Millions prize on Tuesday night, enticing players who hope to win the eighth-largest prize in U.S. lottery history even though no one has won the jackpot since December 8, 2023. That is 30 consecutive drawings without a jackpot winner.

Miss out on that drawing? No problem. There will be a drawing Wednesday night for an estimated $865 million Powerball jackpot. No one has won that prize either since New Year’s Day, making for 36 drawings without a winner. 

For both games, the long drought of jackpots is no accident. The games have long odds specifically to create large jackpots that will generate lots of interest and sales. 

For Mega Millions, the odds are 1 in 302.6 million, and for Powerball they are 1 in 292.2 million. 

The $1.12 billion Mega Millions prize is for a sole winner who chooses to be paid through an annuity over 30 years. A winner who opts for a cash payout would get $537.5 million. 

Those winnings would be subject to federal taxes, and some states also tax lottery winnings. 

Mega Millions is played in 45 states plus Washington, D.C., and the U.S. Virgin Islands. Powerball also is played in those states as well as Washington, D.C., the U.S. Virgin Islands and Puerto Rico.

US Sanctions Assad Supporters Over Drug Trafficking

Washington — The U.S. Treasury Department sanctioned 11 people and companies on Tuesday it said were involved in illicit financial transfers and drug smuggling in support of the government of Syrian president Bashar al-Assad. 

Many of those sanctioned were involved in the trade of the highly addictive amphetamine captagon, which is illegally trafficked throughout the Middle East and Europe, the Treasury Department said in a statement.  

Syria has become the world’s leading producer of the powerful drug, and its trade has helped bolster the Assad’s government’s coffers during the country’s long-running civil war. 

“The revenue from the illicit Captagon trade has become a major source of income for the Assad regime, the Syrian armed forces, and Syrian paramilitary forces,” the Treasury Department said in a statement.  

Those sanctioned include a Syrian national called Taher al-Kayali, who allegedly operates a company that purchased vessels to smuggle captagon and hashish.  

Maya Exchange Company, another Syria-based firm, is alleged to have facilitated “millions” of dollars of illicit transactions to benefit the Syrian government.  

“The Assad regime continues to employ a variety of schemes to evade sanctions and sustain its longstanding campaign of repression against its own citizens,” Treasury under secretary for terrorism and financial intelligence Brian Nelson said in a statement.  

This includes “trafficking in illegal drugs, exploiting currency exchanges, and leveraging seemingly legitimate businesses,” he continued. 

“The United States remains committed to holding accountable those who seek to support this illicit financial activity at the expense of the Syrian people,” he added.