Record-Breaking $1.58 Billion Jackpot Up for Grabs in Tuesday’s Mega Millions Drawing
The Mega Millions jackpot for Tuesday’s drawing has reached an astounding $1.58 billion, making it the largest jackpot in lottery history and one of the largest ever in the United States.
Scheduled for 11 p.m. ET, this drawing surpasses Mega Millions’ previous record of $1.537 billion, which was won by a lucky ticket holder in South Carolina.
For those looking to cash in on this monumental jackpot, the estimated cash payout option stands at a staggering $783.3 million. However, the lottery cautions that “at this level, jackpots are hard to predict with complete accuracy.”
This incredible sum places the Mega Millions jackpot in the top three largest U.S. lottery drawings of all time. The only jackpots that surpass this monumental figure include a $1.586 billion Powerball in January 2016 and a $2.04 billion Powerball jackpot in November 2022.
Interestingly, the Mega Millions jackpot hasn’t been won since April 18, with 31 drawings held since then, according to the lottery. As anticipation continues to build, Gretchen Corbin, the lead director of the Mega Millions Consortium and President and CEO of the Georgia Lottery, expressed her excitement, stating, “It’s exciting to watch Mega Millions grow. As the jackpot climbs ever higher, we thank our players and retailers for their support, which benefits the many good causes funded by our participating lotteries.”
In recent years, there have been four $1 billion Mega Millions jackpots, won in 2018, 2021, 2022, and January 2023. This incredible prize has captured the attention of millions across 45 states, Washington, D.C., and the U.S. Virgin Islands, where Mega Millions is played.
To participate, players must purchase a ticket for $2 and match all five numbers plus the Mega Ball number to claim the coveted jackpot. However, the odds of winning this massive prize stand at a daunting 1 in 302,575,350.
As the anticipation builds and dreams of newfound wealth fill the minds of hopeful participants, all eyes will be on Tuesday’s Mega Millions drawing, as it has the potential to change someone’s life forever.