Current:Home > MarketsMega Millions jackpot hits $1 billion mark after no winners in Friday's drawing -Excel Wealth Summit
Mega Millions jackpot hits $1 billion mark after no winners in Friday's drawing
View
Date:2025-04-15 14:06:14
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! (1)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Germany’s Deutsche Bahn sells European subsidiary Arriva to infrastructure investor I Squared
- Prosecutors won’t charge ex-UFC champ Conor McGregor with sexual assault after NBA Finals incident
- Aaron Nola tosses a gem, Phillies crush Diamondbacks to take commanding NLCS lead
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Italy suspends open border with Slovenia, citing increased terror threat as Mideast violence spikes
- John Legend says he wants to keep his family protected with updated COVID vaccine
- Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Pulse nightclub property to be purchased by city of Orlando and turned into a memorial
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Scott Disick Reveals Why Khloe Kardashian Is His Ideal Woman
- What is hydrogen energy, and is it a key to fighting climate change?
- The Masked Singer: You Won't Believe the Sports Legend Revealed as the Royal Hen
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Burt Young, Oscar-nominated actor who played Paulie in ‘Rocky’ films, dies at 83
- Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan
- From hospital, to shelter, to deadly inferno: Fleeing Palestinians lose another sanctuary in Gaza
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Start Your Fall Fashion Capsule Wardrobe With Amazon Picks From Darcy McQueeny
A teacher showed 4th graders the 'Winnie the Pooh' slasher film: Why that's a terrible idea
Down, but not out: Two Argentine political veterans seek to thwart upstart populist
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
3 children killed in New Orleans house fire allegedly set by their father: Police
Florida GameStop employee fatally shot a fleeing shoplifter stealing Pokemon cards, police say
Start Your Fall Fashion Capsule Wardrobe With Amazon Picks From Darcy McQueeny