Powerball, Mega Millions jackpots grow to more than $300 million each

UPDATE:

The Mega Millions numbers for Friday, December 29:

4 - 10 - 18 - 28 - 62 Mega Ball: 7 Megaplier: 2

Nobody won the Mega Millions jackpot on Friday night. That means Tuesday's jackpot now stands at an estimated $343 million.

EARLIER:

Others' lottery bad luck may mean good luck for players of both Powerball and Mega Millions.

Powerball officials announced that the jackpot will be at least $384 million for its next drawing Saturday. No one won the big prize in Wednesday's drawing, USA Today reported.

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But if you think luck will be on your side, think again. The odds of winning the grand prize for Powerball are 1 in 292.2 million.

But if the numbers are in your favor, Powerball has two winning options -- either a 30-payment annuity for the entire $384 million, or a one-time cash prize of $239.7 million.

For Mega Millions, the annuity is $343 million with the one-time cash payout of $215 million. The odds of winning Mega Millions are about 1 in 258 million, CBS News reported.

Cox Media Group