Mega Millions lottery prize breaks records and reaches $ 1 billion | The State
The Mega Millions lottery jackpot, to be drawn on Friday night, is already a record among the biggest jackpots ever won in America.
Now, The Mega Millions lottery jackpot is estimated to be worth a staggering $ 1 billion.
That’s just $ 500 million short of the highest Mega Millions lottery jackpot: $ 1.537 billion, all won by a ticket holder in South Carolina.
But you are also unlikely to win it: The odds of winning the jackpot are one in 1 in 302,575,350.
Even so, if you win it, there is little you have to invest to buy a Mega Millions lottery ticket when the prize is exorbitant. A ticket costs $ 2.
If the Mega Millions jackpot is won on January 22, it would be the third largest lottery prize in history, short of just two jackpots exceeding $ 1.5 billion:
- the world record Powerball jackpot of $ 1.586 billion (Jan 13, 2016)
- the current Mega Millions record of $ 1.537 billion (October 23, 2018). This latest prize is the largest prize in the world won from a single ticket, as the record Powerball jackpot was shared by three winning tickets.
If you want to try your luck with the lottery
The next Mega Millions lottery drawing is Friday at 11 p.m. ET.
If you win it all the cash option is $ 739.6 million, after paying taxes, which is not negligible.
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