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Mega Millions Jackpot

Mega Millions jackpot now $940 million after months without a big winner

Lottery players will have another shot at a huge Mega Millions jackpot Friday night and a chance to break a stretch of more than three months without a big winner of the game. The estimated USD 940 million prize has been building since someone last matched all six numbers and won the jackpot April 18. Since then, there have been 28 straight drawings without a jackpot winner. The jackpot is now the eighth-largest ever in the U.S. It comes a little over a week after someone in Los Angeles won a USD 1.08 billion Powerball prize that ranked as the sixth-largest in U.S. history. It's still a mystery who won that prize. Lottery jackpots grow so large because the odds of winning are so small. For Mega Millions, the odds of winning the jackpot are about 1 in 302.6 million. The USD 940 million prize would be for a sole winner choosing to be paid through an annuity with annual payments over 30 years. Jackpot winners almost always opt for a lump sum payment, which for Friday night's drawing .

Mega Millions jackpot now $940 million after months without a big winner
Updated On : 29 Jul 2023 | 7:14 AM IST

Got the winning lottery ticket? Economist explains what to do with $750 mn

Here are a few tips based on research for how to handle an unexpected windfall

Got the winning lottery ticket? Economist explains what to do with $750 mn
Updated On : 28 Oct 2018 | 3:37 PM IST

Mega Millions jackpot hits $1 bn, odds of winning are one in 302,575,350

The winner of such a prize would be worth more than Vera Bradley Inc and easily have enough money left over to buy a full set of the company's trademark paisley purses and luggage

Mega Millions jackpot hits $1 bn, odds of winning are one in 302,575,350
Updated On : 20 Oct 2018 | 3:48 PM IST