Following the drawing of the winning number, at least one player in the Mega Millions lottery gets a substantial amount of money to celebrate the New Year with.
According to the Mega Millions website, a ticket with an estimated value of $1.22 billion was sold in the state of California for the drawing that took place on Friday night. This comes after three months in which no one had won the top prize in the lottery.
There was a match between the white balls 3, 7, 37, 49, and 55, as well as the gold Mega Ball 6, on the winning ticket. It took some time before the identity of the winner or winners was instantly revealed.
Only the winner of the Mega Millions jackpot who chooses an annuity that is paid out over 29 years would be eligible to receive the entire jackpot value. The vast majority of people who win the big prize choose to receive a cash payout, which is expected to be $549.7 million for the drawing that took place on Friday night.
Even though the odds of winning the game were extremely low—1 in 302.6 million—players continued to buy tickets as the value of the grand prize increased. It wasn’t until Friday that a player of Mega Millions won the top jackpot; the previous occasion was on September 10th.
With a total value of $1.6 billion, the Mega Millions jackpot ticket that was sold in Florida in August of 2023 was the highest one ever sold. Two of the rewards for its country’s Powerball lottery are more substantial.
In addition to the District of Columbia and the United States Virgin Islands, Mega Millions and Powerball are available for purchase in 45 states. Puerto Rico is another territory that sells Powerball.
Tickets for the Mega Millions lottery are scheduled to increase from $2 to $5 beginning in April. Officials have stated that the increase will be one of many adjustments that will result in greater odds of winning the jackpot, increased frequency of winning enormous prizes, and even larger payouts.
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