Home Latest The Mega Millions jackpot has surpassed $1 billion for the fifth time ever

The Mega Millions jackpot has surpassed $1 billion for the fifth time ever

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The Mega Millions jackpot has surpassed $1 billion for the fifth time ever

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The Mega Millions lottery jackpot hit $1.05 billion. Drew Angerer/Getty Images

Drew Angerer/Getty Images


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Drew Angerer/Getty Images


The Mega Millions lottery jackpot hit $1.05 billion. Drew Angerer/Getty Images

Drew Angerer/Getty Images

After no winner was chosen Friday night, the Mega Millions lottery jackpot has reached greater than a billion {dollars} for the fifth time within the sport’s historical past.

If a winner is chosen in Tuesday night time’s drawing, they will have the choice to have the estimated $1.05 billion paid out over the course of 30 years, or get $527.9 million paid to them instantly in a lump sum.

Other smaller jackpots have already been gained, together with a $5 million winner in Pennsylvania, and 4 $1 million jackpots in Arizona, California, New York, and Pennsylvania.

This comes simply two weeks after a Powerball winner from California obtained $1.08 billion. The largest lottery jackpot ever gained was additionally Powerball, with a $2.04 billion win going to a special Californian in November 2022.

Want a assured win? Buy each ticket.

Any purchaser of a single Mega Millions lottery ticket could have simply over a 1 in 300 million probability of profitable. This technically means there’s a solution to a sure jackpot. You’d simply want to purchase 3oo million tickets.

At a price of $2 per ticket, it could take over $600 million to purchase that many tickets. But with $1 billion in winnings, you’d technically revenue.

“It seems like that’s a great strategy,” Harvard statistician Mark Glickman mentioned in an interview with WCVB Channel 5 in Boston. But there is a catch. If only one different particular person wins the lottery on the similar time, the winnings can be minimize in half and people earnings can be gone. Glickman says it could take a jackpot of $5 or 10 billion for this technique to be price contemplating.

You’d additionally must fill out all 303 million tickets individually… which might take some time.

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