Current:Home > StocksMega Millions jackpot hits $1 billion mark after no winners in Friday's drawing -FutureFinance
Mega Millions jackpot hits $1 billion mark after no winners in Friday's drawing
View
Date:2025-04-13 09:27:58
The Mega Millions jackpot crossed the $1 billion mark after no winning tickets were sold in Friday's drawing. It marks the fifth time in the game's history that the jackpot has reached $1 billion.
The winning numbers for Friday's estimated $940 million Mega Millions jackpot were 5, 10, 28, 52 and 63, and a Mega Ball of 18.
There has not been a Mega Millions jackpot winner since April 18. The next drawing, which comes with an estimated jackpot that currently sits at $1.05 billion, will take place Tuesday at 11 p.m. Eastern.
A single winning ticket for next Tuesday's jackpot would have had the choice of taking an estimated lump sum payment of $527.9 million before taxes, or going with the annuity option. That consists of an immediate payment followed by 29 annual payments that eventually equal the full jackpot minus taxes.
The odds of winning the Mega Millions jackpot are approximately one in 302.58 million.
Since the last time there was a jackpot winner, at least 46 tickets matching all five white balls — which earns a prize of at least $1 million— have been sold, Mega Millions said.
A ticket sold in Pennsylvania which matched all five white balls won $5 million in Friday's drawing because it included a Megaplier, which can increase a non-jackpot prize by up to five times.
There have now been five Mega Millions jackpots north of $1 billion, with the largest being a $1.537 billion jackpot in October of 2018, claimed by a single winning ticket sold in South Carolina. In January, a winning ticket for a $1.348 billion jackpot was sold in Maine.
Last week, a single winning ticket was sold in downtown Los Angeles for the $1.08 billion Powerball jackpot, the sixth-largest in U.S. lottery history. The winner has yet to come forward to claim their prize.
The Los Angeles area has seen a string of lottery luck of late. The winning ticket for February's $2.04 billion Powerball jackpot, the largest in lottery history, was sold at a gas station in Altadena, a city in Los Angeles County.
Mega Millions tickets, which are $2 each, are sold in all states except Alabama, Utah, Alaska, Hawaii and Nevada. They're also sold in Washington, D.C., and the U.S. Virgin Islands. According to the game, half the proceeds from each ticket sold remain in the state where the sale occurred, with that money going to support "designated good causes and retailer commissions."
Drawings take place at 11 p.m. Eastern on Tuesdays and Fridays.
According to the North American Association of State and Provincial Lotteries, a trade group that represents the interests of all the major lotteries, each state determines which programs its lottery profits go towards. In California, for example, all lottery proceeds go to public education, which in the 2021-22 fiscal year amounted to about $2 billion.
- In:
- Mega Millions
- Lottery
veryGood! (874)
Related
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Meghan Markle Shares One Way Royal Spotlight Changed Everything
- Cheerleader drops sexual harassment lawsuit against Northwestern University
- 'Having a blast': Video shows bear take a dip in a hot tub in California
- Trump's 'stop
- Sweaty corn is making it even more humid
- Simone Biles Poses With All 11 of Her Olympic Medals in Winning Photos
- Kelsea Ballerini Shares Her Dog Dibs Has Inoperable Heart Cancer
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Nebraska’s Supreme Court to decide if those with felony convictions can vote in November
Ranking
- Federal hiring is about to get the Trump treatment
- SpaceX delays Polaris Dawn again, this time for 'unfavorable weather' for splashdown
- GM delays Indiana electric vehicle battery factory but finalizes joint venture deal with Samsung
- Mega Millions winning numbers for August 27 drawing; Jackpot climbs to $582 million
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money laundering
- Memphis, Tennessee murder suspect crashes through ceiling as US Marshals search for him
- 'Robin Hood in reverse': Former 'Real Housewives' star convicted of embezzling $15 million
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Massachusetts strikes down a 67-year-old switchblade ban, cites landmark Supreme Court gun decision
Death toll is now 8 in listeria outbreak tied to Boar’s Head deli meat, CDC says
Simone Biles Poses With All 11 of Her Olympic Medals in Winning Photos
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
US Open: Cyberbullying remains a problem in tennis. One player called it out on social media
Scooter Braun Addresses Docuseries on His and Taylor Swift's Feud
Simone Biles Poses With All 11 of Her Olympic Medals in Winning Photos