Current:Home > News$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever -Wealth Nexus Pro
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View
Date:2025-04-18 09:19:22
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! (253)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- See Olivia Culpo, Alix Earle and More Influencers' #OOTDs at New York Fashion Week
- European Union home affairs chief appeals for release of Swedish EU employee held in Iranian prison
- Google faces off with the Justice Department in antitrust showdown: Here’s everything we know
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Michigan State football coach Mel Tucker suspended without pay amid sexual misconduct investigation
- 11 people injured after walkway collapsed during Maine Open Lighthouse Day
- Former CEO of China’s Alibaba quits cloud business in surprise move during its leadership reshuffle
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Emily Blunt and John Krasinski and Their 2 Daughters Make Rare Public Family Appearance at U.S. Open
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- UK resists calls to label China a threat following claims a Beijing spy worked in Parliament
- Several wounded when gunmen open fire on convoy in Mexican border town
- Kylie Jenner and Jordyn Woods Film Their First Video Together in 4 Years Following Reunion
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Scarfing down your food? Here's how to slow down and eat more mindfully
- UK resists calls to label China a threat following claims a Beijing spy worked in Parliament
- Medical debt nearly pushed this family into homelessness. Millions more are at risk
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
AP Top 25 Takeaways: Texas is ready for the SEC, but the SEC doesn’t look so tough right now
Sabotage attempts reported at polling stations in occupied Ukraine as Russia holds local elections
European Union home affairs chief appeals for release of Swedish EU employee held in Iranian prison
Nearly half of US teens are online ‘constantly,’ Pew report finds
Escaped prisoner may have used bedsheets to strap himself to a truck, UK prosecutor says
5 former London police officers admit sending racist messages about Meghan, Duchess of Sussex, other royals
Hurricane Lee updates: No direct hit expected, but rip currents headed to East Coast