Mega Millions is now estimated to be $565 million
As the jackpot for Tuesday night’s drawing has surpassed half a billion dollars, the holiday shopping season isn’t over yet for Mega Millions lottery ticket buyers.
No tickets matched all six numbers Friday, according to the Mega Millions website, meaning the jackpot is now estimated at $565 million. The cash option is 293.6 million dollars.
If someone were to buy a lucky ticket, it would be the sixth largest Mega Millions prize in the game’s history. Two tickets purchased in California and Florida matched all six numbers to win a share of the Mega Millions jackpot on Oct. 14.
Before the next drawing, here’s what you need to know.
The next Mega Millions drawing will be held on Tuesday, December 27th. on the first and sixteenth of every month
The drawings will be held at 11 p.m. on the first and sixteenth of every month. You will find me in the library every Tuesday and Friday.
The cost of playing Mega Millions is $2.
Non-jackpot prizes are increased by two, three, four or five times when the Megaplier feature is used. Each play costs an additional $1. The Megaplier is drawn after the Mega Millions drawing on Tuesday and Friday. There are 15 balls in the pool. 2X is marked on five, 3X is marked on six, 4X is marked on three, and 5X is marked on one.
Match 5 White Balls + Mega Ball to win the Jackpot.
If you match 5 white balls, you will win $1 million.
You could win $10,000 by matching 4 white balls and the Mega Ball.
Match 4 White Balls to win $500.
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If you match three white balls and the Mega Ball, you will win $200,000.
If you match three white balls, you will win $10.
If you match two white balls and the mega ball, you will win $10.
Match 1 White Ball + Mega Ball to win $4.
Match Mega Ball for $2.
To win the Mega Millions jackpot, the odds of matching the five white balls and the Mega Ball are 1 in 302,575,350.
Both the Mega Millions and state lottery websites will post the winning numbers.
The draw for the Mega Millions can also be watched on the Mega Millions YouTube page.
The winner of the jackpot has the option to take an annuity or cash payment.
According to the Mega Millions website, the annuity is paid out as one immediate payment followed by 29 annual payments. The payments go up by 5% each time.
“This helps protect winners’ lifestyle and purchasing power during periods of inflation,” according to the Mega Millions website.
The cash option is a one-time payment of the entire cash amount in the Mega Millions jackpot prize pool.
The money is shared equally among all winning tickets if two or more people win the jackpot in the same drawing.