Title: Mega Millions Jackpot Swells to $480 Million as No Winner Emerges
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The Mega Millions jackpot reached an astonishing estimated amount of $480 million on Saturday, following the absence of a winning ticket in Friday’s drawing. FOX Business’ Madison Alworth sheds light on how the Federal Reserve plays a significant role in influencing the Mega Millions jackpot on ‘Cavuto: Coast to Coast.’
With no one matching all six numbers – 8, 10, 17, 55, 66, and Mega Ball 3 – the potential cash option now stands at an impressive $240.7 million. Lottery enthusiasts and dreamers alike eagerly await the next drawing, scheduled for Tuesday, July 11.
While fortune eluded players in the most recent draw, hope remains alive for the next opportunity to secure the coveted grand prize. Wednesday’s Powerball drawing also failed to produce a jackpot winner, resulting in the rollover of the coveted prize. As per Mega Millions, the estimated $450 million jackpot, if claimed as a lump sum, would equate to a whopping $225.6 million in cash.
It is worth noting that the odds of clinching the grand prize jackpot are a staggering 1 in 292.2 million – a testament to the sheer luck and sheer chance involved in the game.
The year 2023 has already witnessed several memorable Mega Millions jackpot victories. According to megamillions.com, some of the notable wins include $1.35 billion on Jan. 13 in Maine, $20 million on Jan. 17 in New York, and $31 million on Jan. 24 and Jan. 31 in Massachusetts. In April, a jaw-dropping total of $483 million was claimed on April 14 in New York, while $20 million was won on April 18 in New York.
Powerball tickets remain popular and are available for purchase at $2 per play. These tickets can be bought at various locations across 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. To participate, individuals must acquire their tickets before 9:45 p.m. on draw nights.
Lottery fever continues to captivate the nation, as individuals dream of striking it rich with a single ticket. Whether it’s Mega Millions or Powerball, the allure of life-altering wealth makes ticket purchases worthwhile. As the Mega Millions jackpot surges to an impressive $480 million, thousands across the country eagerly anticipate the next drawing, hoping to be the lucky individual to hit the jackpot and transform their lives forever.
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Image Credits: Reuters/Mike Segar / Reuters Photos, Tayfun Coskun/Anadolu Agency via Getty Images / Getty Images