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Mega Millions Jackpot Raised to $222 Million

Mega MillionsMega Millions: Mega Millions Jackpot Raised to $222 Million

As of 11:30 a.m. today, lottery officials for the Mega Millions game announced that -- due to solid ticket sales -- the estimated jackpot for Friday, February 20 has been increased to $222 million.

If one winning ticket matches all six numbers in Friday night's drawing and the player has selected annuity payments over 26 years, the $222 million jackpot would amount to pre-tax payments of roughly:


  • $8.5 million per year,

  • $164,200 per week, or,

  • $23,450 per day.

For those who prefer to take their cash winnings up-front, it's a pretty nice payday as well. If one lucky cash-option player matches all six winning numbers, he or she will take home a check for approximately $131 million (before taxes), the estimated present cash value of Friday's $222 million jackpot.

(Jackpot figures and calculations courtesy of BigGameLottery.com)

Friday's drawing will be conducted at 11 p.m. -- live in Times Square in New York City.  The results will be displayed live at BigGameLottery.com.

For the latest up-to-date Mega Millions information, readers should visit the Mega Millions Results and News Web site at: www.biggamelottery.com.

Lottery Post Staff

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3 comments. Last comment 13 years ago by Todd.
Page 1 of 1
fja's avatar - gnome1

United States
Member #91
January 19, 2002
12011 Posts
Offline
Posted: February 19, 2004, 12:58 pm - IP Logged

I  think that with that boost it should rollover to 300 million if no one wins on friday.....I think todd is right

"Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      

    Avatar
    Milwaukee, WI
    United States
    Member #3131
    December 27, 2003
    665 Posts
    Offline
    Posted: February 19, 2004, 5:39 pm - IP Logged

    Powerball/Megabucks have been designed to that there is a real possibility of a $500 million payout...

    Now wouldn't THAT be special... :-)

    But will still woun't be close to Billy G... :-)



    MarkP

      Todd's avatar - Cylon 2.gif
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      23352 Posts
      Online
      Posted: February 19, 2004, 7:00 pm - IP Logged

      I had mentioned in another thread that when The Big Game hit the record jackpot ($363 Million), the previous draw it beat all the odds and rolled over, even though 75-80% of all combinations were in play.  If that happens again it could get up to $500 million.  It is unlikely, but not impossible.

       

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