Economy

Mega Millions jackpot grows to $820 million with a cash payout potential of $422 million

July 22, 2023
Izer

street. Lewis (AP) — Mega Millions has upped the ante by another $100 million.

The lack of a jackpot winner in the Friday night lottery game’s final drawing caused the jackpot to rise to an estimated $820 million.

The numbers drawn late Friday were: 29, 40, 47, 50, 57 and Mega Ball 25 Gold. No tickets were sold reaching all of these numbers for the $720 million grand prize.

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The estimated $820 million in the next drawing on Tuesday night will only be distributed to the winner who chooses an annual stipend to be paid out over 29 years. Almost all of the major prize winners choose to take cash payouts, which were estimated at $422 million on Tuesday.

Mega Millions said in a statement early Saturday that the potential jackpot is the fifth largest in the game’s history.

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Despite the game’s long odds of 1 in 302.6 million, players keep buying tickets as the jackpot size increases.

The last time a Mega Millions player won the first prize was on April 18th.

Friday’s drawing resulted in eight tickets matching five white balls for the $1 million prize. Mega Millions said two lots were sold in Florida, New Jersey and North Carolina, one in California and one in Michigan.

The Powerball jackpot was also nearing record highs before a small neighborhood store in downtown Los Angeles sold out the winning ticket in a drawing on Wednesday, at an estimated value. $1.08 billion.

Mega Millions is Played in 45 countriesWashington, D.C. and the US Virgin Islands.

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