Current:Home > Finance$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever -DollarDynamic
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View
Date:2025-04-15 15:57:33
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! (32939)
Related
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- As NFL's ultimate kickoff X-factor, Cordarrelle Patterson could produce big returns for Steelers
- Planned Parenthood challenges Missouri law that kicked area clinics off of Medicaid
- Second Romanian gymnast continuing to fight for bronze medal in Olympic floor final
- Trump issues order to ban transgender troops from serving openly in the military
- Historic ballpark featured in 'A League of Their Own' burns to the ground in Southern California
- Maine workers make progress in cleanup of spilled firefighting foam at former Navy base
- Lowe's changes DEI policies in another win for conservative activist
- Meet first time Grammy nominee Charley Crockett
- Man accused of starting destructive California wildfire by throwing firework out car window
Ranking
- Trump wants to turn the clock on daylight saving time
- 1 killed in interstate crash involving truck carrying ‘potentially explosive’ military devices
- Bachelorette Jenn Tran Slams One of Her Suitors for His “Blatant Disrespect” to the Other Men
- Hearing over whether to dismiss charges in Arizona fake electors case stretches into second day
- Former Danish minister for Greenland discusses Trump's push to acquire island
- EPA Thought Industry-Funded Scientists Could Support Its Conclusion that a Long-Regulated Pesticide Is Not a Cancer Risk
- Chick-fil-A's latest menu additions are here: Banana Pudding Milkshake, spicy sandwich
- RHOC's Vicki Gunvalson Details Memory Loss From Deadly Health Scare That Nearly Killed Her
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Danny Jansen makes MLB history by appearing in same game for both teams
EEE, West Nile, malaria: Know the difference between these mosquito-borne diseases
Best Wayfair Labor Day Deals 2024 Worth Buying: Save 50% off Kitchen Essentials, 70% off Furniture & More
Trump's 'stop
Don’t Miss Gap Factory’s Labor Day Sales, Up to 70% off Plus an Extra 15% with Chic Styles as Low as $12
Fake online reviews and testimonials are a headache for small businesses. They hope the FTC can help
Pumpkin Everything! Our Favorite Pumpkin Home, Beauty, and Fashion Items