Virginia Lottery Powerball jackpot soars to $461M cash option, Mega Millions climbs to $32M ahead of weekend drawings

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By: Annabelle Ink

Virginia Lottery jackpots are climbing to historically massive levels as both Powerball and Mega Millions prepare for drawings this weekend. The Powerball jackpot soared to $1.0 billion for Saturday’s drawing, marking the seventh-largest prize in the game’s history. Meanwhile, Mega Millions hits $70 million on Friday, giving players another huge chance to win.

🔥 Quick Facts

  • Powerball Saturday: $1.0 billion jackpot with $461.3 million cash value
  • Mega Millions Friday: $70 million jackpot with $32 million cash value
  • Drawing times: Powerball at 10:59 PM ET Saturday, Mega Millions at 11 PM ET Friday
  • Odds of winning: Powerball 1 in 292 million, Mega Millions 1 in 302 million

Powerball Soars to Historic $1 Billion Milestone

The Powerball jackpot climbed to $1.0 billion after no winner emerged from Wednesday’s drawing, making it the seventh-largest prize ever. The cash option stands at $461.3 million, giving winners a lump sum alternative to the annuity payout. Saturday’s drawing represents an extraordinary opportunity for players across all participating states, including Virginia.

This massive prize pool reflects seven consecutive drawings without a jackpot winner. The last Powerball jackpot was won weeks ago, sparking this incredible run-up. Players in Virginia and 44 other states can participate in Saturday’s drawing by purchasing tickets before the 10:59 PM ET cutoff.

Mega Millions Climbing Higher This Friday

Mega Millions has grown to $70 million with a cash value of $32 million for Friday’s drawing at 11 PM ET. While smaller than Powerball, this jackpot still represents a life-changing opportunity. The game requires matching all six numbers: five white balls (1-70) and one gold Mega Ball (1-25).

Virginia players have had strong Mega Millions luck recently. Previous winners in the state have claimed prizes on December 2, 2025 ($90 million) and other dates throughout the year. The upcoming Friday drawing gives another chance to join the winners’ circle.

How to Play and Understand Your Odds

Lottery Game Current Jackpot Cash Option Drawing Time
Powerball $1.0 billion $461.3 million Sat 10:59 PM ET
Mega Millions $70 million $32 million Fri 11 PM ET
Powerball Odds 1 in 292,201,338 Any prize: 1 in 24.87 Pick 5+1 number
Mega Millions Odds 1 in 302,575,350 Any prize: 1 in 24 Pick 5+1 number

How to Claim Your Prize If You Win

Understanding the claiming process is crucial if you become a winner. Virginia lottery players have up to 180 days to claim their prize from the drawing date. Winners can choose between an annuity option (30 annual payments) or a lump-sum cash option. Most winners select the cash option for immediate access to funds.

Before claiming, sign the back of your ticket and store it safely. Virginia requires winners to present their ticket to an authorized lottery retailer or the Virginia Lottery headquarters. Winners of jackpots above a certain threshold must also meet with lottery officials and may choose to remain anonymous in some cases.

Why Is This Weekend So Important for Virginia Players?

This weekend presents a rare dual opportunity with both major jackpots at exceptional levels. The $1.0 billion Powerball represents only the seventh time in history the game has reached this milestone. For Virginia players, participating in these drawings means potential life-changing payouts while supporting state education and other programs through lottery revenue.

“The lottery can be a fun form entertainment, but players should always play responsibly and within their means.”

Virginia Lottery Officials, Responsible Gaming Message


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