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$370 MILLION: Mega Millions sets all-time lottery jackpot record
Mega Millions: $370 MILLION: Mega Millions sets all-time lottery jackpot record
The Mega Millions Jackpot has broken an all-time, worldwide record. It now stands at $370 million and tickets are selling at an amazing rate. New Jersey officials report Mega Millions tickets are selling in that state at a rate of 700,000 tickets per hour, and that won't even match what they expect during "rush hour." Officials say early evening is when they sell the most tickets, and that's when they expect to hit 1.2 million ticket sales per hour. Sales close at all locations at 10:45 pm. The results will be shown at www.usamega.com minutes after the drawing takes place. The jackpot is so huge that tonight's drawing has been moved from Atlanta to Times Square. New York Lottery diva Yolanda Vega will be on hand to draw the winning numbers for the historic prize. The odds of winning the jackpot are about 1 in 176 million. But there are also secondary prizes, starting from $2 on up. The odds there are about 1 in 40 — which means, of course, you still could parlay your winning back into more tickets in case nobody wins the jackpot Tuesday. The previous record-holder was Powerball, at $365 million on February 18, 2006, which was claimed by 8 meat plant workers in Nebraska. Other significant records: in 2002, three winners shared a Mega Millions jackpot of $331 million. Powerball has the record for the largest single winner with $314.9 million won on Christmas Day.
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58 comments. Last comment 2 years ago by .
New Member  Atlanta United States Member #50757 March 3, 2007 2 Posts Offline
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| Posted: March 6, 2007, 12:29 pm - IP Logged |
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The only thing I hope for is when the person who will be blessed with this astronomical amount of money will be smart and use good judgement when handling it. I say this because I notice when the jackpot gets this big and someone wins, their fortune always seem to end up in turmoil. Good Luck to Everyone who plays tonight!!!
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Chief Bottle Washer New Jersey United States Member #1 May 31, 2000 16377 Posts Online
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| Posted: March 6, 2007, 12:32 pm - IP Logged |
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Aw, come on, I hope I win it so I can go spend a lot of money! 
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Atlantic Mine, Michigan United States Member #417 June 23, 2002 1589 Posts Offline
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| Posted: March 6, 2007, 12:37 pm - IP Logged |
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Well at least we beat the record out right now....we always had it with the cash option but now MM is the ruler once again! There is no way no one is going to win tonight. I will be very suprised it only 1 ticket matches all the numbers. B-rad
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Greenwich, CT United States Member #4879 May 24, 2004 1822 Posts Offline
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| Posted: March 6, 2007, 12:41 pm - IP Logged |
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If I win, I will have to hop into my car and drive around, screaming, just so that no one hears me and thinks there's a crime being committed!
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New Jersey United States Member #18150 June 28, 2005 14087 Posts Online
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| Posted: March 6, 2007, 12:49 pm - IP Logged |
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Well at least we beat the record out right now....we always had it with the cash option but now MM is the ruler once again! There is no way no one is going to win tonight. I will be very suprised it only 1 ticket matches all the numbers. B-rad I can see the headlines now:
370 Quick Pick Tickets Matched All 6 Numbers on Last Nights MegaMillions Drawing! LOL! A mind once stretched by a new idea never returns to its original dimensions!
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Atlantic Mine, Michigan United States Member #417 June 23, 2002 1589 Posts Offline
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| Posted: March 6, 2007, 12:54 pm - IP Logged |
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Well I just did the math and they are selling about $150,000,000 worth of tickets for this drawing. I believe that might be a record in itself but the May 2000 draw might have actually sold more. So I highly doubt someone is not going to win this drawing and if by a very slim chance no one does it will be amazing to see the next jackpot numbers. B-rad
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United States Member #24782 October 22, 2005 441 Posts Offline
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| Posted: March 6, 2007, 1:08 pm - IP Logged |
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Multiple Winners!!! I wasn't gonna get on board but the talked about it on Today's show. I thought I better do something. Since I got my tickets over the internet, maybe after I come out of jail I will enjoy the money.
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da bronx,city island,n.y. United States Member #30895 January 17, 2006 137 Posts Offline
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| Posted: March 6, 2007, 1:10 pm - IP Logged |
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hey todd.if i win i'll buy you a new vet......
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Greenwich, CT United States Member #4879 May 24, 2004 1822 Posts Offline
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| Posted: March 6, 2007, 1:12 pm - IP Logged |
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You know they have to be lowballing the estimate. How embarrassing would that be..."Well, we thought we had snatched the record from PB, but the jackpot was really $362 million, so we didn't even beat the Big Game." Dare I mention it....when the dust settles, could tonight reach the $400,000,000 level???
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California United States Member #47277 October 1, 2006 270 Posts Offline
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| Posted: March 6, 2007, 1:16 pm - IP Logged |
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Well I just did the math and they are selling about $150,000,000 worth of tickets for this drawing. I believe that might be a record in itself but the May 2000 draw might have actually sold more. So I highly doubt someone is not going to win this drawing and if by a very slim chance no one does it will be amazing to see the next jackpot numbers. B-rad Bradly_60...my figures show if the jackpot stays at $370 million in ticket sales will be at $173.4 million for this drawing. Either way that is a lot of tickets. Anywhere on the net where you can find sales for the May 2000 draw? Odds are now if favor (i.e. greater then 50%) that someome will win on this draw.
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United States Member #28776 December 15, 2005 1141 Posts Offline
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| Posted: March 6, 2007, 1:29 pm - IP Logged |
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I think there will have to be a recalculation on the lump sum after the draw. Oh, lets call it a hunch.
"By and by God caught his eye." David McCord
(12/15/1897 – 04/13/1997) US writer , epitaph for a waiter
"The vote, I thought, means nothing to women. We should be armed." Edna O'Brien
(12/15/1930 – ) Irish writer
"If you can count your money, you don't have a billion dollars." J. Paul Getty
(12/15/1892 – 06/06/1976) US zillionaire
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Coastal Georgia United States Member #2703 October 30, 2003 1868 Posts Offline
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| Posted: March 6, 2007, 1:34 pm - IP Logged |
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Multiple JP winners for sure. At least 3 is my prediction.
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NY United States Member #24178 October 16, 2005 1603 Posts Online
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| Posted: March 6, 2007, 1:58 pm - IP Logged |
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You know they have to be lowballing the estimate. How embarrassing would that be..."Well, we thought we had snatched the record from PB, but the jackpot was really $362 million, so we didn't even beat the Big Game." Dare I mention it....when the dust settles, could tonight reach the $400,000,000 level??? I'm sure they're still lowballing the estimate by a bit, but I'm guessing sales will come pretty close to whatever their real estimate is. They may not have much data for sales at this level, but they have an enormous amount of data on buying patterns over the time between drawings. That data tells them that over the long term n% of tickets are sold from 6AM until noon the day afetr a roll, n2% are sold from noon to 6PM , n3% are sold from 6PM until midnight, and so on. When they made their first estimate of 340 they knew they were being conservative and they did it based on an estimate of overall sales for the whole 4 day period. Whatever time somebody started working on the most recent estimate, they already knew how many tickets were sold in the first 85% of the total sales period. By modeling the current estimate on the pattern of previous sales they're probably going to come very close. How conservative they were is probably a bigger factor than how close the real estimate will be. I'd guess it will finish off close to 375, with a reasonable chance of hitting 380. The only way it will hit 400 is if an enormous number of peolpe who virtually never buy tickets and haven't shown up in previosu data stop on the way home from work to buy tickets. Assuming the real estimate is 375, boosting it to 400 would require selling almost 50 million more tickets. Probability almost certainly suggest a single winner for tonight. The uncertainty is in how many combinations aren't picked randomly. Fewer random picks favors a roll. Unless sales do push it quite a bit higher multiple winners is less likely than a roll.
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Greenwich, CT United States Member #4879 May 24, 2004 1822 Posts Offline
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| Posted: March 6, 2007, 2:11 pm - IP Logged |
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We will see. Before noon, it wasn't the largest jackpot in North American history. New lottery pools are being formed left and right this afternoon at workplaces. This is fun!
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