Mega Millions jackpot climbs to $1.25 billion after no one hits the top prize – Gist It

Mega Millions jackpot climbs to $1.25 billion after no one hits the top prize

The Mega Millions jackpot has risen to an estimated $1.25 billion after no one claimed the top prize on Tuesday night.

Jackpot details: The lottery numbers drawn were 8, 24, 30, 45, 61, and the yellow ball
* No one has won the Mega Millions jackpot since April 18, leading the prize to continually increase.
* The current $1.25 billion prize marks it as one of the largest in U.S. history. Tuesday night’s drawing represents the 30th consecutive draw without a winner.

Chances and collections: Winning the jackpot has odds of 1 in 302.6 million, but chances for smaller prizes, ranging from $2 to $1 million, are significantly better.
* The winner has the option to collect the jackpot as an annuity, with annual payments over 30 years, or a lump sum payment that would amount to an estimated $625.3 million.
* Both types of winnings are subject to federal taxes, and many states also tax lottery winnings.

Reach of the game: Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands.

View original article on NPR

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August 2, 2023

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