Major money is on the line in the Mega Millions sweepstakes.

The $785 million jackpot in Tuesday’s lottery is the sixth-biggest ever in the U.S. after the previous 22 drawings didn’t yield a winner.

To take home the grand prize, a ticket-holder must match the numbers on each of the five white balls and the gold Mega Ball. The odds of winning the jackpot are less than 1 in 302 million, organizers say.

The biggest lottery prize in U.S. history came in November, when a yet-to-be-named ticket-holder from California won a $2.04 billion jackpot in the Powerball sweepstakes.

Tuesday’s jackpot would the fourth-biggest in the history of the Mega Millions, which debuted in January 2002. That contest’s biggest prize of $1.5 billion went to a South Carolina ticket-holder in 2018. Mega Millions has produced two other jackpots exceeding $1 billion since.

A winner Tuesday would have the option to either collect the $785 million in installments over 29 years or take home an instant cash prize of $403.8 million.

Tuesday’s drawing is scheduled to take place at 11 p.m. EDT.

With News Wire Services

Peter Sblendorio

Source link

You May Also Like

“CBS Evening News” headlines for Wednesday, March 22, 2023

“CBS Evening News” headlines for Wednesday, March 22, 2023 – CBS News…

Import prices climb 0.8% in January, up 0.7% minus fuel

Story developing. Stay tuned for updates here. … Master your money. Subscribe…

Antarctica is missing an Argentina-sized amount of sea ice — and scientists are scrambling to figure out why | CNN

CNN  —  As the Northern Hemisphere swelters under a record-breaking summer heat…

Is social media dying?

Is social media dying? – CBS News Watch CBS News With so…