Mega Millions jackpot passes $1 billion after no one draws all 6 winning numbers – Gist It

Mega Millions jackpot passes $1 billion after no one draws all 6 winning numbers

The Mega Millions jackpot has soared to $1.05 billion as no ticket matched all six numbers in the latest draw.

News update: The Mega Millions jackpot rose to $1.05 billion after no successful draw on Friday.
* The last time a winning ticket was sold was on April 18.
* The next draw for this grand prize, marking the fourth-largest Mega Millions jackpot to date, is scheduled for Tuesday.

The odds: The chance of winning the Mega Millions are extremely low, at roughly 1 in 302.6 million.
* Despite being a long shot, a winning ticket for a $1.08 billion Powerball drawing was sold in Los Angeles just last week.

Historical context: The biggest ever Mega Millions jackpot was $1.537 billion, won in South Carolina in 2018.

Financial impact: Opting for a lump-sum payment for the current grand prize would result in an estimated $528 million.
* Friday’s jackpot was $940 million, and it escalated past the $1 billion threshold after 29 consecutive draws without a winner.

View original article on NPR

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July 29, 2023

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