Summary
The Mega Millions lottery jackpot has reached $900 million after no winner emerged in the recent draw. This is the eighth-largest jackpot in Mega Millions history. Players have the option to take the prize as a lump sum of $415.3 million or in 30 annual payments totaling $900 million, both before taxes.
Key Facts
- The Mega Millions jackpot has reached $900 million after a long streak of no grand winners.
- This jackpot marks the 38th time it has rolled over since the last grand prize was won on June 27.
- The jackpot is the eighth-largest in Mega Millions history.
- The odds of winning the jackpot are about 1 in 290.5 million.
- Winners can choose between a lump sum of $415.3 million or 30 annual payments totaling the full jackpot amount.
- Federal taxes automatically deduct 24% from the winnings, with potential additional state taxes.
- The lottery ticket costs $5 and involves picking numbers from two sets of pools.
- Jackpot drawings happen on Tuesdays and Fridays at 11 p.m. Eastern Time.
