Mega Millions Jackpot hits whopping $820 million. Check cash option, key details of lottery
While no jackpot was claimed, eight tickets managed to match all five numbers, resulting in each ticket holder claiming a grand $1 million prize. These lucky tickets were sold in various states including California, Florida, Michigan, North Carolina, and New Jersey. The upcoming Mega Millions drawing, scheduled for Tuesday, will offer an estimated jackpot of $820 million. For those fortunate enough to win, there is also a lump-sum cash option available, amounting to $422 million. This current lottery run marks the fifth-largest jackpot in Mega Millions history, with four previous occasions where the prize exceeded $1 billion. The most recent instance was a staggering $1.348 billion ticket sold in Maine back in January, while the record for the highest Mega Millions jackpot stands at an astonishing $1.537 billion, won in South Carolina in 2018. Despite the astronomical jackpot, the odds of claiming the grand prize remain incredibly slim, standing at approximately 1 in 302.5 million. Nevertheless, residents in 45 states, the District of Columbia, and the US Virgin Islands have the chance to try their luck again before the next drawing on Tuesday at 11 pm ET.
FAQsQ1. What are the available pay-out options for the Mega Millions jackpot?A1. Winners of the Mega Millions jackpot can choose to receive the prize as an annuity, which is paid out in 30 annual installments, or as a lump-sum cash payment.Q2. What is the max one has won at Mega Millions jackpot?A2. In 2018, one ticket fetched the largest Mega Millions jackpot which was around $1.537 billion.
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