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Mega Millions climbs to $970 million ahead of drawing

October 19, 2018 By: Stephen Dietrich

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The Mega Millions jackpot has climbed to $970 million, inching ever-closer to the $1 billion mark.

Officials raised the estimated jackpot Thursday for the second time due to strong sales ahead of Friday night’s drawing.

The prize is the second-largest jackpot in U.S. history, behind only a $1.6 billion Powerball prize won in 2016.

No one has matched all six numbers and won the Mega Millions grand prize since July 24. That reflects the game’s long odds , at one in 302.5 million.

The $970 million refers to the annuity option, paid over 29 years. Most winners take the cash option, which would pay an immediate $513 million. About half of the jackpot winnings would go to taxes.

Mega Millions is played in 44 states, plus Washington, D.C., and the U.S. Virgin Islands.

 

The Associated Press contributed to this article.

About the Author

Stephen Dietrich

Stephen is a U.S. Army veteran with over a decade of combined experience in political commentary, economics, and news.

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