The Mega Millions jackpot has risen to an estimated $454 million ahead of its next drawing next Tuesday evening, officials say. With this number, the multi-jurisdictional lottery game has potentially become the seventh largest lottery jackpot in U.S. history.
It is not normal that the Mega Million jackpot has not had a winner in the last four months. Hopefully, it would have better odds than the Powerball game, which had been the longest lottery that has rolled on without a winner so far.
If there is not a winner Tuesday night, it would be the 34th time the jackpot has rolled without a winner. According to the Morning Journal News, the last record was 22 rolls in December 2013.
Mega Million is a multi-jurisdictional lottery that began in 1996 as The Big Game. You can get a Mega Millions ticket in 43 states of the United States plus the District of Columbia and the U.S. Virgin Islands. This company is managed by a conglomerate of lottery organizations.
In the United States, the jackpot that has risen the biggest number has been the $1.6 billion Powerball, whose prize was won in January by players in three states.
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Mega Millions largest jackpot ever
This is Mega Million jackpot’s longest roll ever, according to Paula Otto executive director of the Virginia Lottery and lead director for Mega Millions,
Otto said that the lack of players is one of the reasons why there have not been winners.
“It takes much bigger jackpots to get players excited. It looks like the tipping point might be right about now,” said Otto.
Otto estimates that the jackpot might grow by more than $50 million in case there is no winner on Tuesday night.
Since no winner was selected last Friday evening, the price of the jackpot has slightly increased Tuesday morning to a $449 million prize. This is the largest jackpot after a family from New Jersey won on May 7 the $429.6 million Powerball prize.
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One in 259 million are the odds to pick the correct number on five white balls and one yellow ball in the Mega Millions game.
Every time someone buys the $1 ticket, the prize gets larger and larger. If there is a winner, they can choose immediate cash payout, which would be $319 million, instead of an initial payment and then be remunerated in 29 annual payments.
Officials have said that the number of winners who score smaller prizes has increased. These little prizes could range from $1 million to $5 million, depending on the game. However, now for the Powerball, it is one in almost 292 million which has decreased the odds of getting the top prize. The Mega Millions drawing will be at 10 p.m. central time Tuesday.
Source: Morning Journal News