For 1st time, both Mega Millions, Powerball top $300 million

For the first time, U.S. lottery players will have a choice of games offering jackpots topping $300 million.

In the seven years since all U.S. lotteries began selling both Powerball and Mega Millions tickets, both games have never offered prizes so large at the same time.

The jackpot for Friday night’s Mega Millions drawing is an estimated $393 million, and the top prize for Saturday night’s Powerball drawing is $356 million. Those prizes are based on annuity options, paid over 29 years. Cash prizes would be an estimated $246 million for Mega Millions and $224 million for Powerball.