JUST IN: There was no winner in the latest Mega Millions drawing, making a big jackpot even bigger. MegaMillions Lottery Jackpot Billions Money
- The Mega Millions jackpot increased to an estimated $1.25 billion after no one beat the odds Tuesday night and won the massive lottery prize.No one has won the Mega Millions jackpot since April 18, allowing it to grow larger and larger. The $1.25 billion prize is now one of the largest in U.S. history. Tuesday night’s drawing for $1.1 billion was the 30th straight without a winner.
The lottery 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 $2 to $1 million, are significantly better. The new $1.25 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 $625.3 million.Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands.
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