US Mega Millions $ 1 Billion Winning Numbers Announced

The Mega Millions Jackpot Is Up to Nearly $1 Billion—and Time Is Running Out to Buy Tickets

If no one wins, the jackpot will be even larger for Tuesday's drawing.

While the astronomical number of possible Mega Millions combinations would make that almost impossible for Friday's drawing, a Romanian-born mathematician actually pulled this off back in the day, winning 14 separate lotteries in the 1980s and 90s. That jackpot is nearly $500 million.

At $1.6 billion, Tuesday's Mega Millions drawing slips past the $1.586 billion Powerball drawing on January 13th, 2016, to become the largest jackpot in history.

Of course, it's because more people are buying tickets than ever before, which inflates those jackpots. "If you don't get all the numbers, like if you don't win the jackpot but you win some of the numbers, then it doubles your winnings", Sandra Carpenter said. This made a Mega Millions ticket a one in 24 chance of being a victor of some amount when it used to be one in 14.7 odds.

No one won Friday's drawing, pushing the jackpot from $1 billion to $1.6 billion.

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After federal taxes and state deductions, which vary across the USA, winners will generally end up with around half that amount.

Mega Millions is played in Texas, 43 other states plus Washington, D.C., and the U.S. Virgin Islands.

The Mega Millions jackpot has been growing since it was last hit on July 24, when a group of 11 co-workers in California shared a 543-million-dollar jackpot. Most states also tax lottery winnings. According to the official list of largest Mega Millions jackpots, three of the six top jackpot amounts have been awarded since the rules were changed previous year. The probabilities are overwhelmingly not in your favor.

Tickets cost $2, which seems like a relatively small price to pay for a chance at becoming rich.

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