Categories: News

Mega Millions Jackpot Reaches Ridiculous Prize Amount Ahead of Friday Night’s Drawing

The Mega Millions is continuing to climb.

No winners have been announced, so you know what that means—the Mega Millions jackpot continues to climb to a skyrocketing amount!

Advertisement

After no one bought a winning ticket in the drawing this past Tuesday, the Mega Millions jackpot rose to an estimated $940 million—the sixth-largest jackpot in U.S. history.

When is the next Mega Millions drawing?

You better hurry and grab those tickets, as the next drawing is scheduled for FridayJanuary 6, 2023, at 11 p.m. E.T. Tickets are sold across 45 states, Washington, D.C., and the U.S. Virgin Islands.

Advertisement

How much Mega Millions prize money do you get after taxes?

If you’re already dreaming about the multiple ways you can spend your winnings, don’t get too excited, as the amount drops after Uncle Sam takes his share.

The $940 million payout decreases to an estimated $483.5 million after taxes.

Advertisement

The person with the winning ticket also has the option to collect the money as annuity payments over 29 years, though most people opt for the cash payout.

What is the largest Mega Millions jackpot in history?

Since the game began in 2002, there have been three jackpots larger than Friday’s estimated prize with $1.537 billion being the largest that was awarded on Oct. 23, 2018, per the Mega Millions website. One person bought the only winning ticket in South Carolina.

The second largest prize was just claimed this past July 2022 with $1.337 billion in Illinois. The second largest comes in at a whopping $1.05 billion and was awarded in Michigan on January 22, 2021.

Advertisement

This marks the first lottery game of 2023, and we can’t wait to see what the outcome of the big drawing will be!

Advertisement
Ayoola Olaitan

Recent Posts

Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe

A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…

13 hours ago

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

16 hours ago

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

17 hours ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

19 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

20 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

20 hours ago