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Mega Millions Jackpot Reaches Record-Breaking $1.55 Billion

The Mega Millions jackpot has surged to an astounding estimated value of $1.55 billion, making it the largest jackpot in the history of the game. This remarkable figure has been achieved after no winning tickets were sold in Friday’s drawing. Additionally, it is worth noting that if the estimate holds true, this jackpot will rank as the third-largest overall prize in the history of U.S. lotteries.

Previously, the winning ticket numbers drawn on Friday were 11, 30, 45, 52, and 56, with the Mega Ball being 20.

The absence of a Mega Millions jackpot winner since April 18 has contributed to the unprecedented growth of the prize amount. The eagerly awaited next drawing is scheduled for Tuesday night, presenting players with another chance to strike it rich.

If an individual manages to secure a winning ticket in the upcoming drawing, they will face the decision of either receiving an estimated lump sum payment of $757.2 million before taxes or opting for the annuity option. The annuity option entails an initial payment followed by 29 yearly payments that sum up to the full jackpot amount after tax deductions.

It is important to note that the odds of winning the Mega Millions jackpot stand at approximately one in 302.58 million, underscoring the significant challenge faced by participants.

To date, at least 62 tickets matching all five white balls have been sold, thereby earning their owners a minimum prize of $1 million, since the last time there was a jackpot winner, as confirmed by Mega Millions on Saturday. The cumulative number of Mega Millions jackpots exceeding $1 billion has now reached five. If the estimated figure for Tuesday’s jackpot remains accurate, it will surpass the previous Mega Millions record jackpot of $1.537 billion, which was achieved in October of 2018 and claimed by a single winning ticket sold in South Carolina. Additionally, in January, another winning ticket was sold in Maine for a $1.348 billion jackpot.

The Los Angeles region has recently experienced a series of fortunate lottery outcomes. For instance, the winning ticket for February’s record-breaking $2.04 billion Powerball jackpot, the largest ever in U.S. lottery history, was purchased at a gas station in Altadena, a city located in Los Angeles County. Furthermore, in the preceding month, downtown Los Angeles saw the sale of a single winning ticket for the $1.08 billion Powerball jackpot, which represents the sixth-largest prize in U.S. lottery history. Interestingly, the identity of the winner is yet to be publicly revealed.

The second largest jackpot to date, a $1.586 billion Powerball grand prize in January 2016, was divided among three lucky ticket holders from California, Florida, and Tennessee.

While Mega Millions tickets, priced at $2 each, are available for purchase in almost all states, they are not sold in Alabama, Utah, Alaska, Hawaii, and Nevada. However, they can be obtained in Washington, D.C., and the U.S. Virgin Islands. It is worth noting that half of the proceeds from each ticket sold remain in the state where the sale occurred, contributing to “designated good causes and retailer commissions,” according to the game.

Drawings for Mega Millions take place on Tuesdays and Fridays at 11 p.m. Eastern Time.

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