A lottery jackpot worth more than AUD $1.4bn will be drawn on Saturday, while a separate jackpot worth AUD $1.1bn will be drawn on Sunday.

The biggest weekend of the year so far for mega draws, the USA Mega Lotto’s $1.4bn jackpot has not been won since December 9 while the latter jackpot has not been won since January.

Lottery Office chief executive officer Jaclyn Wood said this was only the second time since

it began operating in 2018 that two jackpots had reached more than $1 billion at the same

time.

“The last time the USA Mega Lotto and the USA Power Lotto jackpots were both over AUD$1 billion was on July 19 last year and it was for only one day before USA Power Lotto

was won,’’ Ms Wood said.

“It’s so exciting for our players.

“At this size, it’s likely these jackpots will be won any day now and the icing on the cake would be for one of our Aussie customers to take home the jackpot.’’

Tickets for the $1.4bn draw can be bought online until 11am on Saturday morning while tickets for the $1.1bn draw can be bought until 11am on Sunday.

“Winning a jackpot of this size would be truly a life-changing event and with both jackpots in billion-dollar territory our players have two chances for a massive win,” Ms Wood said.

Through The Lottery Office – which is wholly Australian-owned – Ms Wood said Aussies had

the chance to win lottery jackpots that dwarfed those traditionally seen in Australia.

However a key difference between the US lottery and the Australian lottery is that prize money from America is taxable, while winnings from Australia are tax-free.

The biggest payout in US Mega Millions history was AUD$2.4 billion on August 8, 2023.

The largest US Powerball payout was AUD$3.1 billion on November 7, 2022.

The winning numbers will be drawn on Saturday and Sunday at 3pm AEDT.