Current:Home > News$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever -Wealth Harmony Labs
$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever
View
Date:2025-04-19 04:52:49
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! (3)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Key events in OJ Simpson’s fall from sports hero and movie star
- Biden Administration Slams Enbridge for Ongoing Trespass on Bad River Reservation But Says Pipeline Treaty With Canada Must Be Honored
- Nebraska lawmakers pass a bill to restore voting rights to newly released felons
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Houston police reviewing if DNA tests could have helped in thousands of dropped cases
- Prince Harry and Duchess Meghan announce two new Netflix series, including a lifestyle show
- Biden announces new steps to deepen military ties between the U.S. and Japan
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- TSA found more than 1,500 guns at airport checkpoints during 1st quarter of 2024, agency says
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Parent Trap’s Dennis Quaid Reveals What Nick Parker Is Up to Today
- O.J. Simpson Trial Witness Kato Kaelin Honors Nicole Brown Simpson After O.J.'s Death
- Coast Guard, Navy rescue 3 stranded men after spotting 'HELP' sign made with palm leaves
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Taylor Swift's music is back on TikTok a week before the release of 'Tortured Poets'
- 'Bridgerton' Season 3 gets dramatic new trailer: How to watch, what to know about Netflix hit
- Trump tests limits of gag order with post insulting 2 likely witnesses in criminal trial
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Biden calls Netanyahu's handling of Israel-Hamas war a mistake, says I don't agree with his approach
O.J. Simpson dies of prostate cancer at 76, his family announces
Ralph Puckett Jr., army colonel awarded Medal of Honor for heroism during Korean War, dies at 97
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
A piece of 1940s-era aircraft just washed up on the Cape Cod shore
Rhode Island transit chief resigns after he’s accused in a hit-and-run at a McDonald’s drive-thru
Kourtney Kardashian Reveals Why She Pounded Her Breast Milk