Mega Millions and Powerball top $300 million jackpots

For the first time in history, both the Powerball and Mega Millions are offering jackpots of more than $300 million, and the prize is growing each day.

The odds of winning the Mega Millions ticket are about 1 in 260,000,000, according to the game’s how-to-play statement. That money would be dispersed over 29 years.

Two smaller prizes were won in Georgia recently — one in West Point and another in Cumming. Both received about $1 million.

All U.S. lotteries began selling Powerball and Mega Millions tickets seven years ago, and this is the first time both have had jackpots so large at the same time.

This story was originally published August 10, 2017 at 9:17 AM with the headline "Mega Millions and Powerball top $300 million jackpots."