Current:Home > Stocks$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever -TrueNorth Finance Path
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View
Date:2025-04-12 07:39:20
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! (221)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- 3-year-old Tennessee boy dies after being struck with a stray bullet on New Year's Eve
- Why strangers raised $450,000 to help a dependable Burger King worker buy his first home
- AP Week in Pictures: North America
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Blinken heads to the Mideast again as fears of regional conflict surge
- Alabama judge puts a temporary hold on medical marijuana companies
- Convicted murderer Garry Artman interviewed on his deathbed as Michigan detectives investigate unsolved killings
- Highlights from Trump’s interview with Time magazine
- Stock market today: Global shares mostly slip, while oil prices advance
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Alice Hoffman’s new book will imagine Anne Frank’s life before she kept a diary
- What’s Going On With the Goats of Arizona
- America's workers are owed more than $163 million in back pay. See if you qualify.
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Bachelor Nation's Brayden Bowers and Christina Mandrell Get Engaged at Golden Bachelor Wedding
- Trump asks Supreme Court to overturn Colorado ruling barring him from primary ballot
- 'The Bear,' 'Iron Claw' star Jeremy Allen White strips down to briefs in Calvin Klein campaign
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
St. Petersburg seeks profile boost as new Tampa Bay Rays ballpark negotiations continue
Steve Burton exits 'Days of Our Lives' 1 year after reprising role
Achieve a Minimal Makeup Look That Will Keep You Looking Refreshed All Day, According to an Expert
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Trains collide on Indonesia’s main island of Java, killing at least 3 people
Evansville state Rep. Ryan Hatfield won’t seek reelection to run for judge
Gunman dead after multiple people shot at Perry High School in Iowa: Live updates