Current:Home > Scams$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever-InfoLens
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View Date:2024-12-23 15:07:45
A estimated $1.05 billion Mega Millions jackpot will again be up for grabs Tuesday night, giving lottery players a chance to snap an unlucky streak that has stretched on for months.
No one has won the Mega Millions jackpot since April 18, allowing it to roll over again and again until it reached its status as tied for the seventh-largest in U.S. history. Tuesday night’s drawing will be the 30th since someone last won the jackpot.
The drought is due to a combination of poor luck and terrible odds, as the chance of winning the Mega Millions jackpot is 1 in 302.6 million. The odds of winning smaller prizes, ranging from $1 million to $2, are significantly better.
The $1.05 billion jackpot is for a sole winner who chooses to collect through an annuity, with annual payments over 30 years. A sole winner who opts for a lump sum payment would receive an estimated $527.9 million.
Winners also would be subject to federal taxes, and many states also tax lottery winnings.
Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands.
veryGood! (2751)
Related
- See Leonardo DiCaprio's Transformation From '90s Heartthrob to Esteemed Oscar Winner
- The Arctic has a new record high temperature, according to the U.N.
- Volunteers are growing oyster gardens to help restore reefs
- In Iraq's famed marshlands, climate change is upending a way of life
- Full House's John Stamos Shares Message to Costar Dave Coulier Amid Cancer Battle
- For Brianna Fruean, the smell of mud drives home the need for climate action
- What losing Build Back Better means for climate change
- Climate pledges don't stop countries from exporting huge amounts of fossil fuels
- LSU student arrested over threats to governor who wanted a tiger at college football games
- Mourners bury Nahel, teen shot by police, as Macron cancels first state visit to Germany in 23 years due to riots
Ranking
- Indiana in the top five of the College Football Playoff rankings? You've got to be kidding
- See Denise Richards on Rare Outing With Lookalike Daughter Lola Sheen
- Why Paige DeSorbo Broke Down in Tears Over Engagement Talk With Craig Conover
- Climate activist Greta Thunberg charged with disobedience, Swedish officials say
- See Blake Shelton and Gwen Stefani's Winning NFL Outing With Kids Zuma and Apollo
- The MixtapE! Presents Jonas Brothers, Noah Cyrus, NCT's MARK and More New Music Musts
- Get a Perfect Eyeliner Wing With Zero Effort When You Use This Stamp That Has 20,000+ 5-Star Reviews
- Draft agreement at the COP26 climate summit looks to rapidly speed up emissions cuts
Recommendation
-
Cruel Intentions' Brooke Lena Johnson Teases the Biggest Differences Between the Show and the 1999 Film
-
Dalai Lama Apologizes After Video Surfaces of Him Asking a Child to Suck His Tongue
-
U.S. ambassador to Russia meets with detained Wall Street Journal reporter Evan Gershkovich
-
Pope Francis names 21 new cardinals, including prelates based in Jerusalem and Hong Kong
-
Will Aaron Rodgers retire? Jets QB tells reporters he plans to play in 2025
-
Climate change is bad for your health. And plans to boost economies may make it worse
-
ABBA Guitarist Lasse Wellander Dead at 70 After Cancer Battle
-
Get a $118 J.Crew Shirt for $20, a $128 Swimsuit for $28, a $118 Dress for $28, and More Can't-Miss Deals