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Mega Millions Now Nears $1B—But the Odds Might Crush Your Dreams

Mega Millions Now Nears $1B—But the Odds Might Crush Your Dreams

Summary

The Mega Millions lottery jackpot in the United States has grown to about $965 million, one of the largest in its history. The odds of winning this jackpot are extremely low, with a chance of just one in nearly 290 million. The next draw is scheduled for Friday, November 14, with tickets available in 45 states, Washington, D.C., and the U.S. Virgin Islands.

Key Facts

  • The Mega Millions jackpot is nearly $965 million, with a cash option of $445.3 million.
  • The jackpot hasn't been won in 40 draws, setting a record for the game.
  • Players have a one in 290,472,336 chance to win the jackpot.
  • The largest-ever Mega Millions jackpot was $1.6 billion in August 2023.
  • There have been multiple smaller prize winners; last Tuesday's draw had 809,000 winning tickets.
  • Lottery winnings are subject to income tax, affecting the final cash amount winners receive.
  • Laws about public disclosure of winners vary by state, with some requiring winners to be publicly identified.
  • The draw will occur at 11 p.m. ET, with $5 tickets sold in various U.S. locations.

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