Current:Home > Finance$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever -Trailblazer Capital Learning
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View
Date:2025-04-18 05:21:56
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! (1)
Related
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Man seeks clemency to avoid what could be Georgia’s first execution in more than 4 years
- How Static Noise from Taylor Swift's New Album is No. 1 on iTunes
- Rob Lowe's son John Owen trolls dad on his 60th birthday with a John Stamos pic
- Arkansas State Police probe death of woman found after officer
- The Best Shapewear for Women That *Actually* Works and Won’t Roll Down
- Discrimination lawsuit brought by transgender athlete sent back to Minnesota trial court
- 2 Black men tortured by Mississippi officers call for toughest sentences
- This was the average Social Security benefit in 2004, and here's what it is now
- Kate Middleton and Prince William Seemingly Step Out Together After Photo Controversy
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Ariana Grande and Dalton Gomez are officially divorced
- Tallulah Willis, Bruce Willis' daughter, shares she was diagnosed with autism last year
- 4 things to know from Elon Musk’s interview with Don Lemon
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Missouri mom charged after 4-year-old daughter found dead from drug overdose, police say
- Suspect in fatal shooting of New Mexico state police officer caught
- Federal court rules firearm restrictions on defendants awaiting trial are constitutional
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Sports Illustrated gets new life, publishing deal takes effect immediately
Psst, the Best Vacuum Cleaners are on Sale at Walmart Right Now: Bissell, Dyson, Shark & More
Bettors counting on upsets as they put money on long shots this March Madness
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
Official revenue estimates tick up slightly as Delaware lawmakers eye governor’s proposed budget
Oregon man found guilty of murder in 1980 cold case of college student after DNA link
Why Elizabeth Hurley Felt Safe Filming Sex Scenes Directed By Her Son