The Mega Millions jackpot has skyrocketed to an incredible $1.25 billion as no lucky winner managed to beat the odds in Tuesday night’s draw, according to the AP. The winning numbers that were drawn are: 8, 24, 30, 45, 61, with the yellow ball being 12. It’s been quite a while since anyone has won the Mega Millions jackpot, with the last win dating back to April 18, allowing the prize to grow substantially. This $1.25 billion jackpot now stands as one of the largest in the history of the United States. (The largest ever was a $2.04 billion Powerball jackpot from last year.) The draw on Tuesday night, offering a staggering $1.1 billion, marked the 30th consecutive draw without a winner. The next draw will take place on Friday.
The lack of lottery winners can be attributed to a combination of misfortune and incredibly slim odds, as the chances of winning the Mega Millions jackpot are a staggering 1 in 302.6 million. However, the odds of winning smaller prizes ranging from $2 to $1 million are comparatively better. This massive $1.25 billion jackpot is reserved for a sole winner who chooses to receive the prize through an annuity, with annual payments spread out over a period of 30 years. Alternatively, if the winner prefers a lump sum payment, they would receive an estimated $625.3 million. It’s important to note that winners will also be subject to federal taxes, and many state governments also tax lottery winnings. Mega Millions is played in 45 states, including Washington, DC, and the US Virgin Islands.
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