Compare Lottery Games

Side-by-side comparison of Powerball and Mega Millions odds, expected value, and payouts. Select your state for tax-adjusted calculations.

Powerball vs Mega Millions

Side-by-side comparison of game structure, odds, and expected value. Enter jackpot amounts and select your state for tax-adjusted EV.

$
$300.0M advertised
$
$250.0M advertised
Best Value
Powerball
EV / Ticket
-$1.37
Jackpot Odds
1 in 292,201,338
Any-Prize Odds
1 in 25
Breakeven
$834.2M
Mega Millions
EV / Ticket
-$1.48
Jackpot Odds
1 in 302,575,350
Any-Prize Odds
1 in 24
Breakeven
$885.8M

Head-to-Head Comparison

MetricPowerballMega Millions
Ticket Price$2$2
Main Pool5/695/70
Bonus Pool1/261/25
Jackpot Odds1 in 292,201,3381 in 302,575,350
Any-Prize Odds1 in 251 in 24
Second Prize$1.0M$1.0M
Prize Tiers9 tiers9 tiers
EV per $2 Ticket-$1.37-$1.48
Highlighted cell = advantage for that game

Prize Structure Comparison

PowerballPrizeMega Millions
5 + PBJP
$300.0Mvs$250.0M
5 + MBJP
5
$1.0Mvs$1.0M
5
4 + PB
$50,000vs$10,000
4 + MB
4
$100vs$500
4
3 + PB
$100vs$200
3 + MB
3
$7vs$10
3
2 + PB
$7vs$10
2 + MB
1 + PB
$4vs$4
1 + MB
PB only
$4vs$2
MB only
Looking for better expected value?
Both lotteries carry deeply negative expected value. Prediction markets offer fundamentally better odds. Track real-time prices on our live dashboard.