Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ The Mega Millions jackpot is $ 970 million. What to know before you buy

The Mega Millions jackpot is $ 970 million. What to know before you buy

MARK RALSTON AFP | Getty images

At some point, whether on a Friday night or on the road, someone will win the Mega Millions jackpot.

It’s just that it probably won’t be you.

With players’ odds matching all six numbers needed to hit the mother, the lottery’s grand prize reached approximately $ 970 million for Friday night̵

7;s draw. The cash option – which most winners choose during an annuity – is $ 716.3 million (before taxes). The jackpot is also the third largest in the history of lotteries in the United States.

Friday night’s draw comes just days after another lottery game won a huge amount of money: The ticket purchased in Maryland hit the Powerball jackpot for $ 731.1 million ($ 546.8 million in cash), which ranks sixth. greatest award in history.

“We know players love big jackpots, and when the numbers are so big, it’s becoming a national phenomenon,” said Gordon Medenika, director of the Maryland lottery and lead director of Mega Millions.

“Everyone wants to dream about what they would do if they won,” Medenika said.

The Mega Millions jackpot has been rising since mid-September, when someone won $ 120 million ($ 95.4 million in cash) and the biggest prize was reset to $ 20 million. That’s 37 weeks in which no one matches the six numbers in the drawings twice a week, marking the longest stretch with no winner at all, according to lottery officials.

Each Mega Millions ticket has about a 1 in 302 million chance of winning the jackpot. For Powerball it’s a little better: 1 in 292 million.

Even if you buy multiple tickets, you won’t move the needle much. To give yourself even a 50-50 chance to win the Mega Millions jackpot – ie. the same chances when you toss a coin once – you will have to buy more than 151 million different combinations of numbers. Even then, however, you cannot guarantee that you are the only winner.

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In fact, the biggest jackpot in US history – the $ 1.59 billion Powerball in 2016 – was split in three ways.

For the draw on Friday night, lottery staff estimates that 40% of all possible number combinations will be played.

Of course, you can win the game without hitting the jackpot. The last draw of Mega Millions, held on Tuesday night, led to nearly 5.2 million winning tickets, according to the lottery. This includes two $ 2 million winners, 11 $ 1 million winners and 139 winners who won at least $ 10,000.

Once you win the Mega Millions jackpot, it will return to $ 20 million.

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