The fortune of a lifetime is waiting to be claimed by a lucky winner in the Mega Millions lottery, which has ballooned to a record $1.58 billion.
The largest Mega Millions payout ever won so far happened in October 2018 to a South Carolina resident who won $1.5 billion, lottery officials Hitting the jackpot would give someone a series of annuity payments for across 30 years, or the winner could opt for a one-time cash option of $757.2 million.The jackpot rose to its current figure because no one picked the winning numbers — 11, 30, 45, 52 and 56, and Mega Ball 20 — on Friday, August 4.
"They've made these tickets not just a dollar, but $2, which means the jackpot grows twice as fast as it did a decade ago," he said. more numbers to choose from , making it tougher to guess the combination needed to win the jackpot. Mega Millions is played in 45 states along with Washington, D.C., and the U.S. Virgin Islands.
With the lower odds of picking winning numbers plus higher ticket prices, the jackpot is more likely to grow faster from week to week, Matheson said.The massive winnings also induce more people to buy tickets, adding to the jackpot. Americans are 15 times more likely to buy a ticket when the lottery's winnings climb toward $1 billion versus when the prize winnings are just $20 million, he said. — participants have a better chance of being struck by lightning than winning the Mega Millions.
"To put it into perspective, the typical person who is a golfer would have about a 1-in-15,000 chance in making a hole-in-one on a particular hole," Matheson said."So winning the Powerball or the Mega Millions is like getting two hole-in-ones in a row when playing golf."
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