You could check to make sure that your connections are tight. Also, remove the RAM stticks and see if your mobo shows any signs of life. If not, I'm sorry to say you may have fried it.
As for your second question, yes, it is entirely possible (though not necessary) for a lightning strike to take out the processor along with the motherboard.
goldeagle2005
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The most certain way to be sure would be to install a known, working processor on your motherboard and see if the system works. Do the same for your your processor - install it on a known working motherboard.
Otherwise, if you're sure all the other components (RAM, graphics card etc) are working, it has to be one of the two.
goldeagle2005
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