After another drawing on Friday turned up no winners, the jackpot for the Mega Millions lottery has exceeded a staggering $1 billion total. The estimated top prize of $1.05 billion for the upcoming drawing on Tuesday will be the fourth-largest in the game’s history, a press release said. The Tuesday drawing will mark the 30th drawing since the jackpot was last claimed on April 18 via a ticket sold in East Syracuse, New York. To take the entire $1.05 billion, the jackpot winner would have to agree to receive the money via annuity payments over the course of 29 years, or they could instead opt to immediately cash in on a smaller amount estimated to be around $530 million.
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Mega Millions Jackpot Cracks $1 Billion Total Ahead of Tuesday Drawing
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The estimated top prize of $1.05 billion represents the fourth-largest in the game’s history.
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