Current:Home > Scams$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever -InvestTomorrow
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View
Date:2025-04-15 15:48:59
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! (3623)
Related
- Paris Olympics live updates: Quincy Hall wins 400m thriller; USA women's hoops in action
- Tom Cruise, John Legend among celebrities on hand to watch Simone Biles
- Summer Olympic Games means special food, drinks and discounts. Here's some
- Poppi teams with Avocado marketer to create soda and guacamole mashup, 'Pop-Guac'
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- 3 men sentenced for racist conspiracy plot to destroy Northwest power grid
- 'Ghosts' Season 4 will bring new characters, holiday specials and big changes
- Celine Dion saves a wet 'n wild Paris Olympics opening ceremony: Review
- Olympic men's basketball bracket: Results of the 5x5 tournament
- Rafael Nadal will compete in singles at the Paris Olympics, his manager tells the AP
Ranking
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Irish sisters christen US warship bearing name of their brother, who was lauded for heroism
- Team USA's Haley Batten takes silver medal in women's mountain biking at Paris Olympics
- She died riding her beloved horse. Now, it will be on Olympic stage in her memory.
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Don't wash your hands, US triathlete Seth Rider says of preparing for dirty Seine
- Real Housewives of New Jersey Star Melissa Gorga’s Hacks for Stress-Free Summer Hosting Start at $6.49
- Why Olympian Jordan Chiles Almost Quit Gymnastics
Recommendation
From bitter rivals to Olympic teammates, how Lebron and Steph Curry became friends
Justin Timberlake's lawyer says singer wasn't drunk, 'should not have been arrested'
US women's 4x100 free relay wins silver at Paris Olympics
When is Olympic gymnastics on TV? Full broadcast, streaming schedule for Paris Games
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Simone Biles competes in Olympics gymnastics with a calf injury: What we know
Tom Cruise, John Legend among celebrities on hand to watch Simone Biles
Rafael Nadal beats Márton Fucsovics, to face Novak Djokovic next at Olympics