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Mega Millions jackpot climbs to $1.05 billion after another drawing without a big winner
The Mega Millions jackpot climbed to an estimated $1.05 billion Friday night, only the fifth time in the history of the game that the grand prize has reached into the billions.No one managed to beat the massive odds and match all six numbers for Friday's estimated $940 million jackpot. The numbers drawn were: 5, 10, 28, 52, 63 and the gold ball 18.There have been 29 straight draws without a Mega Millions jackpot winner since the last grand prize ticket on April 18.The $1.05 billion prize up for grabs in the next drawing Tuesday night would be for a sole winner choosing to be paid through an annuity, with annual payments over 30 years. Jackpot winners almost always opt for a lump sum payment, which for Tuesday’s drawing would be an estimated $527.9 million.The potential jackpot is the fourth-largest in the game and the fifth over $1 billion, Mega Millions said in a statement early Saturday.Although there were no jackpot winners, one ticket in Pennsylvania was worth $5 million and another in the state connected for $1 million. There also were $1 million winners in Arizona, California and New York, Mega Millions said.It has been less than two weeks since someone in Los Angeles won a $1.08 billion Powerball prize that ranked as the sixth-largest in U.S. history. The winner of the prize is still a mystery.Lottery jackpots grow so large because the odds of winning are so small. For Mega Millions, the odds of winning the jackpot are about 1 in 302.6 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.
The Mega Millions jackpot climbed to an estimated $1.05 billion Friday night, only the fifth time in the history of the game that the grand prize has reached into the billions.
No one managed to beat the massive odds and match all six numbers for Friday's estimated $940 million jackpot. The numbers drawn were: 5, 10, 28, 52, 63 and the gold ball 18.
There have been 29 straight draws without a Mega Millions jackpot winner since the last grand prize ticket on April 18.
The $1.05 billion prize up for grabs in the next drawing Tuesday night would be for a sole winner choosing to be paid through an annuity, with annual payments over 30 years. Jackpot winners almost always opt for a lump sum payment, which for Tuesday’s drawing would be an estimated $527.9 million.
The potential jackpot is the fourth-largest in the game and the fifth over $1 billion, Mega Millions said in a statement early Saturday.
Although there were no jackpot winners, one ticket in Pennsylvania was worth $5 million and another in the state connected for $1 million. There also were $1 million winners in Arizona, California and New York, Mega Millions said.
It has been less than two weeks since someone in Los Angeles won a $1.08 billion Powerball prize that ranked as the sixth-largest in U.S. history. The winner of the prize is still a mystery.
Lottery jackpots grow so large because the odds of winning are so small. For Mega Millions, the odds of winning the jackpot are about 1 in 302.6 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.
FAQs
Mega Millions jackpot climbs to $1.05 billion after another drawing without a big winner. No one managed to beat the massive odds and match all six numbers for Friday's estimated $940 million jackpot. The numbers drawn were: 5, 10, 28, 52, 63 and the gold ball 18.
What happens to mega million money if nobody claims it? ›
Ultimately, if the jackpot goes unclaimed within the required time, states that participated in the Mega Millions game will get back the funds their state contributed to the pot, according to the game's website. From there, each state can use its prize funds for its own purposes.
Who won the 1.6 billion dollar Mega Millions? ›
Lottery officials confirmed the winner's identity Wednesday: an entity called Saltines Holdings, LLC, which decided to take the jackpot's one-time, lump-sum cash payment of $794,248,882. An LLC is a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities.
What is the probability of hitting the jackpot in Mega Millions? ›
The pot will, of course, continue to build until someone is lucky enough to beat the overwhelming odds and match the six numbers necessary to win it. Your chances of winning the Mega Millions jackpot are roughly 1 in 302.6 million, or slightly worse than the odds of winning the Powerball jackpot.
What happens if you win a billion dollar lottery? ›
If the next draw produces a winning ticket, the winner will have their choice between a $1.04 billion payout over 30 years or a lump sum payment estimated at $478.2 million. A 24% federal tax withholding is taken right away, dropping the lump sum estimate to about $363.4 million.
What happens if no one claims the billion dollar jackpot? ›
If no one claims the jackpot, the funds the states raises toward the cash value of the jackpot, which is about 13% of the winnings, goes directly to the state lottery's beneficiary.
What is the largest unclaimed lottery winning? ›
If the Powerball jackpot were to go unclaimed, it would go from the largest U.S. lottery prize to the largest unclaimed U.S. lottery prize, a list the record-setting $1.337 billion Mega Millions jackpot hit in Illinois last summer nearly joined.
Has anyone ever won Mega Millions with quick pick? ›
$536 Million (Indiana) On July 8, 2016, an Indiana couple won this mega jackpot after buying 5 Quick Pick tickets on a road trip. The winning family was able to remain anonymous by accepting their prize through a law firm in the state.
Who won the Mega Millions twice? ›
A New York man beat the odds twice while playing Mega Millions. Marco Accardo from West Hempstead claimed two $1 million Mega Millions prizes from the same drawing held on Nov. 11, 2022, the New York Lottery announced last week. He took nearly a year to claim his prizes and did so just before the deadline on Nov.
What was the biggest Mega million payout? ›
What are the largest Mega Millions jackpots ever?
- $1.602 billion from one winning ticket in Florida in August 2023.
- $1.537 billion from one winning ticket in October 2018 in South Carolina.
- $1.35 billion from one winning ticket in January 2023 in Maine.
- $1.34 billion from one winning ticket in July 2022 in Illinois.
Odds of winning
With odds that slim, Glickman said it's best to focus on picking numbers that are completely random. That will help ensure you're not making the same picks as someone else — and that you won't have to split the prize money with anyone, should you win.
Which lottery has best odds? ›
THE BEST WORLDWIDE LOTTERY ODDS
| WORLDWIDE LOTTERY ODDS |
|---|
| German Lotto | 1:139,838,160 |
| Powerball (US) | 1:292,201,338 |
| MegaMillions (US) | 1:302,573,350 |
| SuperEnalotto (Italy) | 1:622,614,630 |
15 more rowsThe lottery numbers most likely to win big
- The number 28 is drawn most often across all lotteries, with an average frequency of 201.4.
- The numbers 16 and 39 are second and third, with average frequencies of 200.6 and 199, respectively.
- The unluckiest lottery number is 47, with a frequency of just 138.
Single filers will pay $174,238.25, plus 37% of the amount over $578,125. As for married couples filing together, the total owed is $186,601.50, plus 37% of the amount above $693,750. After the 24% federal withholding, the jackpot winner's tax bill depends on several factors but could easily represent millions more.
How long after winning the lottery do you get the money? ›
If you elected the cash option or if your prize is only offered in a single payment, your check should arrive approximately six to eight weeks from your claim date. If your prize is to be paid in installments, your first payment should be available within six to eight weeks from your claim date.
What is the first thing you should do if you win lottery? ›
Before you do so, there are things you should do:
- Safeguard the ticket. Sign the back of the ticket immediately and then store it somewhere secure. ...
- Be choosy about who you tell about your win. ...
- Engage a Lawyer and Financial Advisor. ...
- Decide on taking the lump-sum or annuity option. ...
- Plan on income taxes in two parts.
Each has its own rules about what to do with unclaimed prize money. Some put that money into other lottery games within the state. Others put it into the state's general fund, where it might be used to pay for things like the salaries of government employees or education or infrastructure costs within the state.
What happens if a lottery winner does not claim prize? ›
So, what happens to the money from those unclaimed tickets? It goes to the same place all lottery proceeds go: California's public schools. Becker says the California State Lottery Office has contributed approximately $1 billion in unclaimed prize money to public schools since the lottery's creation 37 years ago.
Can you inherit Mega Millions winnings? ›
A Mega Millions annuity can be inherited. After a jackpot winner dies, the annual scheduled payments will go to the designated beneficiary or the decedent's estate.
Has a $36 million lottery ticket been voided because no one claimed it? ›
A $36 million Mega Millions lottery ticket has been voided after no one came forward to claim it. The deadline to claim the prize was on Feb. 11, marking the end of a 180-day claim period, according to the Florida Lottery. The winning ticket was purchased at a Publix in Jacksonville on Aug.
