Current:Home > StocksMega Millions jackpot for tonight's drawing increases to estimated $1.1 billion-DB Wealth Institute B2 Expert Reviews
Mega Millions jackpot for tonight's drawing increases to estimated $1.1 billion
View Date:2024-12-23 23:50:10
The Mega Millions jackpot has increased to an estimated $1.1 billion, officials announced hours ahead of Tuesday night's drawing. The grand prize was initially estimated to be $1.05 billion after no one matched all six numbers in Friday night's drawing.
Whoever wins the jackpot has the option to collect it as an annuity or a one-time cash payment. The cash option for Tuesday night is now estimated to be $550.2 million.
The jackpot has been growing since it was last won in April, and 29 drawings have been held since with no one matching the five white balls and gold Mega Ball.
Tuesday's drawing is at 11 p.m. Eastern time. The odds of winning the jackpot are about 1 in 302.58 million.
The Mega Millions jackpot is the summer's second chance for a billion-dollar windfall.
Last month, one winning ticket was sold at a mini market in downtown Los Angeles for Powerball's $1.08 billion jackpot. After it was determined there was a winner, officials said it might take months before they're identified publicly.
For Mega Millions, Tuesday night's massive jackpot would be the fourth-largest prize won in the game's history since it started in 2002 and the sixth-largest lottery jackpot in the U.S., according to the California Lottery.
In January, one winning Mega Millions ticket sold in Maine won a $1.348 billion jackpot, the game's second largest in its history. The largest Mega Millions jackpot, $1.537 billion, was won in 2018.
- In:
- Mega Millions
- Lottery
Alex Sundby is a senior editor for CBSNews.com
TwitterveryGood! (1)
Related
- Today's Craig Melvin Replacing Hoda Kotb: Everything to Know About the Beloved Anchor
- Security guard fatally shot at New Hampshire hospital remembered for dedication to community, family
- Stephen Colbert forced to sit out 'Late Show' for a week due to ruptured appendix
- Frank Reich lasted 11 games as Panthers coach. It's not even close to shortest NFL tenure
- Ex-Marine misused a combat technique in fatal chokehold of NYC subway rider, trainer testifies
- Baltic nations’ foreign ministers pull out of OSCE meeting over Russian foreign minister attendance
- Where to watch 'How the Grinch Stole Christmas' this holiday
- Vanderpump Rules' Tom Sandoval Weighs in on Ariana Madix's New Boyfriend Daniel Wai
- Ex-Duke star Kyle Singler draws concern from basketball world over cryptic Instagram post
- Israel-Hamas cease-fire extended 2 days, Qatar says, amid joyous reunions for freed hostages, Palestinian prisoners
Ranking
- FBI offers up to $25,000 reward for information about suspect behind Northwest ballot box fires
- Robert De Niro says Apple, Gotham Awards cut his anti-Trump speech: 'How dare they do that'
- Stephen Colbert forced to sit out 'Late Show' for a week due to ruptured appendix
- Man who wounded 14 in Pennsylvania elementary school with machete dies in prison 22 years later
- Review: 'Emilia Pérez' is the most wildly original film you'll see in 2024
- Thick fog likely caused a roughly 30-vehicle collision on an Idaho interstate, police say
- Massive crocodile sighting: Watch 14-foot 'Croczilla' in Florida Everglades
- Vanderpump Rules' Tom Sandoval Weighs in on Ariana Madix's New Boyfriend Daniel Wai
Recommendation
-
The ancient practice of tai chi is more popular than ever. Why?
-
A Husky is unable to bark after he was shot in the snout by a neighbor in Phoenix
-
Bears vs. Vikings on MNF: Justin Fields leads winning drive, Joshua Dobbs has four INTs
-
“Carbon Cowboys” Chasing Emissions Offsets in the Amazon Keep Forest-Dwelling Communities in the Dark
-
Footage shows Oklahoma officer throwing 70-year-old to the ground after traffic ticket
-
Merriam-Webster's word of the year for 2023 is authentic – here are the other words that almost made the cut
-
'I'm home': CM Punk addresses WWE universe on 'Raw' in first appearance in nearly 10 years
-
Indonesia opens the campaign for its presidential election in February