Current:Home > Stocks$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever -Wealth Legacy Solutions
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View
Date:2025-04-12 07:16:18
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! (625)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Taiwan factory fire kills at least 5 and injures 100 others
- House GOP prepares four spending bills as shutdown uncertainty grows
- With Tiger Woods as his caddie, Charlie Woods sinks putt to win Notah Begay golf event
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Mexican mother bravely shields son as bear leaps on picnic table, devours tacos, enchiladas
- Danielle Fishel meets J. Cole over 10 years after rapper name-dropped her in a song: 'Big fan'
- A new climate change report offers something unique: hope
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Olena Zelenska, Ukraine's first lady, highlights the horrors of war and the hard work of healing
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Judge refuses to immediately block grant program for Black women entrepreneurs
- A fire at a wedding hall in northern Iraq kills at least 100 people and injures 150 more
- More students gain eligibility for free school meals under expanded US program
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Australian scientists discover rare spider fossil that could be up to 16 million years old
- Many powerful leaders skipped the UN this year. That created space for emerging voices to rise
- JPMorgan to pay $75 million over claims it enabled Jeffrey Epstein's sex trafficking
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Erdogan says Menendez resignation from Senate committee boosts Turkey’s bid to acquire F-16s
As climate change and high costs plague Alaska’s fisheries, fewer young people take up the trade
Cold case: 5 years after pregnant Chicago woman vanished, her family is still searching
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
'They can't buy into that American Dream': How younger workers are redefining success
United Farm Workers endorses Biden, says he’s an ‘authentic champion’ for workers and their families
Joe Namath blasts struggling Jets QB Zach Wilson: 'I've seen enough'