Mega Millions jackpot is $1 billion. What to know before buying in

Sooner or later, whether or not Friday evening or down the street, somebody goes to win the Mega Hundreds of thousands jackpot.

It simply most likely will not be you.

With the percentages stacked towards gamers matching all six numbers wanted to hit the mom lode, the lottery recreation’s prime prize has reached an estimated $1 billion for Friday evening’s drawing. The money choice — which most winners select over an annuity — is $739.6 million (pretax). The jackpot is also the third-largest in U.S. lottery historical past.

Friday evening’s drawing is coming just some days after one other lottery recreation had an enormous amount of cash gained: A ticket bought in Maryland hit Powerball’s $731.1 million jackpot ($546.8 million money choice), which ranks because the sixth-largest prize ever.

“We all know that gamers love huge jackpots, and when the numbers are this huge, it turns into a nationwide phenomenon,” stated Gordon Medenica, Maryland lottery director and lead director of Mega Hundreds of thousands.

“Everybody desires to dream about what they’d do in the event that they gained.”

The Mega Hundreds of thousands jackpot has been climbing since mid-September when somebody scored $120 million ($95.4 million money) and the highest prize reset to $20 million. That is 37 weeks of nobody matching all six numbers in twice-weekly drawings, marking the longest stretch ever with no winner, based on lottery officers.

Every Mega Hundreds of thousands ticket has a few 1 in 302 million likelihood of profitable the jackpot. For Powerball, it is barely higher: 1 in 292 million.

Even when you purchase a number of tickets, you would not transfer the needle a lot. To present your self even a 50-50 likelihood of profitable the Mega Hundreds of thousands jackpot — i.e., the identical odds if you flip a coin as soon as — you’d have to purchase greater than 151 million completely different quantity combos. Even then, although, you would not be capable to assure that you are the solely winner.

The most important jackpot in U.S. historical past — a $1.59 billion Powerball prize in 2016 — was break up 3 ways.

For the Friday evening drawing, lottery officers estimate that 40% of all attainable quantity combos can be performed.

After all, you may win within the recreation with out hitting the jackpot. The final Mega Hundreds of thousands drawing, held Tuesday evening, produced almost 5.2 million profitable tickets, based on lottery information. That included two winners of $2 million every, 11 winners of $1 million every and 139 winners who nabbed at the least $10,000.

As soon as the Mega Hundreds of thousands jackpot is gained, it should reset to $20 million.

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