Mega Millions jackpot hits $627 million: Wait for big winner continues

Mega Millions: The odds of winning the jackpot are about 1 in 303 million, but the hope of a big prize has prompted many people to buy tickets.

Summary
  • There is heightened excitement about Friday’s drawing, as it could emerge as the 9th largest prize in the game’s history.
Mega Millions
Mega Millions

— With no big winner in Tuesday’s Mega Millions drawing, the jackpot figure has reached $627 million. The winning numbers drawn were 16, 18, 21, 54, 65 and the Mega Ball was 5. There is now a lot of excitement about Friday’s drawing, as the amount could emerge as the 9th largest prize in the game’s history.

If a sole winner is successful in Friday night’s drawing, he or she will have two options to receive the prize money: an annuity consisting of 29 annual payments with an initial payment, or a lump sum cash payment. However, most winners usually prefer the cash option. The cash payout amount could be around $309.1 million at this stage, taking into account taxes.

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The Mega Millions jackpot has been won only twice in 2024 so far. The most recent win was on June 4 in Illinois with a prize of $552 million, while the previous $1.128 billion prize was won by a winner in New Jersey on March 26. These two big wins reflect the situation this year compared to last year when the jackpot had been hit eight times by this time.

The Mega Millions draw, held every Tuesday and Friday, costs just $2 per ticket, but the odds of winning the jackpot are extremely low, at around 1 in 303 million. Despite this small investment, the dream of becoming a millionaire attracts many.

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As the jackpot figure continues to grow, people’s expectations are also skyrocketing. Whether it’s a new car, a luxury home, or a lifetime of financial security, the huge prize of Mega Millions has the potential to make many people’s dreams come true. Now, all eyes are on Friday’s drawing, where a new millionaire may emerge.