Current:Home > Contact$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever -Elevate Money Guide
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View
Date:2025-04-13 19:20:23
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! (4534)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Get an Extra 50% Off J.Crew Sale Styles, 50% Off Banana Republic, 40% Off Brooklinen & More Deals
- Christian Coleman, delayed by ban, finally gets shot at Olympic medal
- Simone Biles Details Bad Botox Experience That Stopped Her From Getting the Cosmetic Procedure
- Louvre will undergo expansion and restoration project, Macron says
- The Beverly Hills Hotel x Stoney Clover Lane Collab Is Here—Shop Pink Travel Finds & Banana Leaf Bags
- The Beverly Hills Hotel x Stoney Clover Lane Collab Is Here—Shop Pink Travel Finds & Banana Leaf Bags
- Americans tested by 10K swim in the Seine. 'Hardest thing I've ever done'
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Tennis Star Rafael Nadal Shares Honest Reason He Won’t Compete at 2024 US Open
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Inside an 'ambush': Standoff with conspiracy theorists left 1 Florida deputy killed, 2 injured
- Pregnant Cardi B Details Freak Accident That Nearly Left Her Paralyzed
- 1 Mississippi police officer is killed and another is wounded in shooting in small town
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- PHOTO COLLECTION: AP Top Photos of the Day Thursday August 8, 2024
- Noah Lyles tested positive for COVID-19 before winning bronze in men's 200
- St. Vincent channels something primal playing live music: ‘It’s kind of an exorcism for me’
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Why Kansas City Chiefs’ Harrison Butker Is Doubling Down on Controversial Speech Comments
15 states sue to block Biden’s effort to help migrants in US illegally get health coverage
The Ultimate Guide to Microcurrent Therapy for Skin: Benefits and How It Works (We Asked an Expert)
Tree trimmer dead after getting caught in wood chipper at Florida town hall
France beats Germany 73-69 to advance to Olympic men’s basketball gold medal game
Andrew Young returns to south Georgia city where he first became pastor for exhibit on his life
St. Vincent channels something primal playing live music: ‘It’s kind of an exorcism for me’