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Rush of Mega Millions lottery sales prompts surprise jackpot increase

Dec 28, 2018, 12:26 pm

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Mega MillionsMega Millions: Rush of Mega Millions lottery sales prompts surprise jackpot increaseRating:

$370 million jackpot is the game's 12th-largest

By Todd Northrop

Lottery officials announced today that the jackpot for Friday's Mega Millions drawing has been raised from $348 million to $370 million, as a result of rapid sales.

The Mega Millions jackpot has grown since Oct. 26 and has rolled 18 times.

Mega Millions offers two jackpot payment options: the $370 million annuity prize paid out as one immediate payment followed by 29 annual graduated payments, or the cash option, which is $223.2 million.

"A jackpot of $370 million would be life-changing for anyone, and a great way to start the new year," said Arkansas Scholarship Lottery Director Bishop Woosley. "And even if a player doesn't win the jackpot, he can still be a big winner by playing the Megaplier."

Tickets will remain on sale typically until 10:45 pm Eastern Time on Friday, although players should check with a lottery retailer in their state for the exact sales cutoff time. (Every state is different.)  Players are strongly advised not to wait until the last minute.

The odds of winning the jackpot are approximately 1 in 302 million. The odds of winning any of the Mega Millions prizes are 1 in 24.

Mega Millions tickets cost $2 each. For an extra $1 per ticket players can purchase the Megaplier option, which multiplies any non-jackpot won by up to 5 times, depending on the Megaplier number drawn that evening.

The only state that does not offer the Megaplier is California, because state law banning fixed lottery prize amounts is not compatible with the fixed nature of the Megaplier payouts.

Lottery players can see an after-tax analysis of the current Mega Millions jackpot by visiting USA Mega's Jackpot Analysis page.

Mega Millions features nine different prize levels, ranging from $2 all the way up to the jackpot. Players can win even if they just match one number — the Mega Ball number.

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82 comments. Last comment 2 years ago by Coin Toss.
Page 1 of 6

United States
Member #193239
October 24, 2018
1301 Posts
Offline

My target is 2nd prize after tax $500K.....First 5 numbers to match babeh

    Raven62's avatar - binary
    25
    New Jersey
    United States
    Member #17842
    June 28, 2005
    130143 Posts
    Online

    When PB gets Hit (JP=$40M) Play MM and vice versa!

    A mind once stretched by a new idea never returns to its original dimensions!

    Catch-22: A dilemma or difficult circumstance from which there is no escape because of mutually conflicting or dependent conditions.

    Corruptissima re publica plurimae leges: When the republic is at its most corrupt the laws are most numerous.

      Kyle7824's avatar - Lottery-042.jpg
      Greenville, NC
      United States
      Member #157296
      July 14, 2014
      5554 Posts
      Offline

      American retirement plan :-)

        Kyle7824's avatar - Lottery-042.jpg
        Greenville, NC
        United States
        Member #157296
        July 14, 2014
        5554 Posts
        Offline

        When PB gets Hit (JP=$40M) Play MM and vice versa!

        PB sadly already has :-(

          Artist77's avatar - batman14

          United States
          Member #121741
          January 16, 2012
          7640 Posts
          Offline

          My target is 2nd prize after tax $500K.....First 5 numbers to match babeh

          I always spend the extra dollar...up to $5 million for 2nd place.

          Je vous salue, Marie, pleine de grace.  We will rebuild!

            CDanaT's avatar - Nolz june15.jpg
            Central TN
            United States
            Member #121189
            January 4, 2012
            4744 Posts
            Offline

            Increases on the day of the drawing  are a pleasant surprise and a respectable option. 

            But will it roll ????

             

            Lurking

            Integrity: There is just no substitute.

              TheMeatman2005's avatar - lightening
              Brooklyn, NY
              United States
              Member #169719
              October 29, 2015
              1490 Posts
              Offline

              Increases on the day of the drawing  are a pleasant surprise and a respectable option. 

              But will it roll ????

               

              Lurking

              I agree on the increase.

              Will it roll? What? Not if I can help it! No No

              Hurray! Banana Dance Hyper Party

              The Meatman 🥩🍗🍔🍖🍤🌭

              “The quickest way to double your money is to fold it in half and put it in your back pocket.” Will Rogers

              Winning happens in a flash, Like A Bolt Of Lightning!  Patriot

                Raven62's avatar - binary
                25
                New Jersey
                United States
                Member #17842
                June 28, 2005
                130143 Posts
                Online

                Increases on the day of the drawing  are a pleasant surprise and a respectable option. 

                But will it roll ????

                 

                Lurking

                I hope not!

                A mind once stretched by a new idea never returns to its original dimensions!

                Catch-22: A dilemma or difficult circumstance from which there is no escape because of mutually conflicting or dependent conditions.

                Corruptissima re publica plurimae leges: When the republic is at its most corrupt the laws are most numerous.

                  Avatar
                  Simpsonville
                  United States
                  Member #163184
                  January 22, 2015
                  2257 Posts
                  Offline

                  $370 million jackpot is the game's 12th-largest

                  By Todd Northrop

                  Lottery officials announced today that the jackpot for Friday's Mega Millions drawing has been raised from $348 million to $370 million, as a result of rapid sales.

                  The Mega Millions jackpot has grown since Oct. 26 and has rolled 18 times.

                  Mega Millions offers two jackpot payment options: the $370 million annuity prize paid out as one immediate payment followed by 29 annual graduated payments, or the cash option, which is $223.2 million.

                  "A jackpot of $370 million would be life-changing for anyone, and a great way to start the new year," said Arkansas Scholarship Lottery Director Bishop Woosley. "And even if a player doesn't win the jackpot, he can still be a big winner by playing the Megaplier."

                  Tickets will remain on sale typically until 10:45 pm Eastern Time on Friday, although players should check with a lottery retailer in their state for the exact sales cutoff time. (Every state is different.)  Players are strongly advised not to wait until the last minute.

                  The odds of winning the jackpot are approximately 1 in 302 million. The odds of winning any of the Mega Millions prizes are 1 in 24.

                  Mega Millions tickets cost $2 each. For an extra $1 per ticket players can purchase the Megaplier option, which multiplies any non-jackpot won by up to 5 times, depending on the Megaplier number drawn that evening.

                  The only state that does not offer the Megaplier is California, because state law banning fixed lottery prize amounts is not compatible with the fixed nature of the Megaplier payouts.

                  Lottery players can see an after-tax analysis of the current Mega Millions jackpot by visiting USA Mega's Jackpot Analysis page.

                  Mega Millions features nine different prize levels, ranging from $2 all the way up to the jackpot. Players can win even if they just match one number — the Mega Ball number.

                  I just bought some tickets to mail to my Brother for his birthday present--4 weeks worth of MM & PB sans multipliers.

                  PRO=Please Roll Over...New Jersey bound..watch out Todd!

                    Avatar

                    United States
                    Member #180549
                    March 12, 2017
                    190 Posts
                    Offline

                    MM and PB jackpots are ALWAYS won concurrently, so there’s a 0% chance MM will roll, it WILL be won tonight. Get your tickets everyone!

                      sweetie7398's avatar - flower2
                      100

                      United States
                      Member #22701
                      September 30, 2005
                      13329 Posts
                      Offline

                      I prefer MM

                      Life, love, family Love

                        benjibanks's avatar - Lottery-062.jpg
                        Los Angeles
                        United States
                        Member #187099
                        January 12, 2018
                        66 Posts
                        Offline

                        I am going to pass on tonight's draw, I will play on New Year's Day if it rolls.

                          hearsetrax's avatar - alien on_computer.jpg

                          United States
                          Member #52343
                          May 21, 2007
                          3285 Posts
                          Offline

                          had skipped the Christmas draw and bought the single ticket 4 tonight 

                          G2TP and RBR

                            maximumfun's avatar - Lottery-030.jpg

                            United States
                            Member #124612
                            March 16, 2012
                            3713 Posts
                            Offline

                            I prefer MM

                            I Agree! - I played it when it was the BIG game, and I still play it now that it's MM.  However, don't get me wrong, I wouldn't turn down a PB win...  Embarassed