The Mega Millions jackpot hasn’t been won since April 15. As the jackpot continues to range o'er and farm — now upwards of $1 billion — someone testament eventually win. Could it live you? Almost certainly not.
Despite the dismal single inward 302.5 one thousand thousand odds of buying a Mega Millions fine and matching all five white-hot balls and the bingle gold Mega Ball, millions of people testament nonetheless flop pull down $2 or $3 to purchase a fine for the slim to none chance of winning the 10-figure sum. Friday’s estimated jackpot is an dumbfounding $1.025 billion, the game’s third-largest jackpot of all time and the fourth-largest lottery treasure in US history.
Seeing the jackpot establish over a period of months and reaching the billion-dollar mark is truly breathtaking,” said Ohio River Lottery Director Pat McDonald, managing director of the Mega Millions Consortium.
Last night’s winning numbers were 07-29-60-63-66 and the Mega Lucille Ball 15. Mega Millions is played inwards 45 states, plus DC and the US Virgin Islands.
Jackpot Win Coming Soon
There are more than 302.5 one thousand thousand possible winning list combinations that a Mega Millions get canful produce. The betting odds don’t alteration as the jackpots grow larger, but the chance of someone hitting the winning combining improves, as more tickets be given to live sold when a jackpot garners considerable media attention.
The Mega Millions Consortium reported this hebdomad that fine sales for the July 19 draftsmanship totaled $116 million. The July 22 drawing off sold to a greater extent than $172 gazillion worth of tickets. Last night’s quarter generated sales magnetic north of $262 million.
The increased just the ticket sales result inwards to a greater extent possible winning combinations being covered. Mega Millions said around 33% of the number combinations were covered for endure night’s get — substance the winning half dozen numbers were among the rough 67% of combinations not played.
In theory, someone could spend $605 one thousand thousand to buy 302.5 billion Mega Millions tickets to select each of the possible combinations. But inwards realness that would live seemingly impossible, as it would read a large team up of people to purchase and plectron apiece identification number combining — a herculean task rendering it implausible.
It also wouldn’t follow financially smart to play all figure combinations even if ane could. The $1.025 1000000000000 jackpot has a cash in value of $602.5 million. After the 37% federal tax, the win is rock-bottom to $379.6 million. It is so subjected to a possible country tax.
If the winner opts for the full $1.025 billion time value paid out o'er a 30-year annuity, the annual defrayal after federal taxation would be more or less $21.56 million. That totals about $646.86 million tierce decades from now before potential res publica taxes.
Finally, the aforementioned financial breakdowns take no more other just the ticket won during the same draw. If deuce tickets matched all half dozen numbers, the jackpot is split.
Someone Has to Win
Despite all the info telling us we’re wasting our money, many will noneffervescent wager and daydream during Friday’s Mega Millions haul because someone, at some point, will win.
Someone is going to win,” McDonald concluded. “We encourage customers to stay fresh dramatic play inwards equilibrise and relish the ride.”
The Friday draw poker goes push down at 11 pm ET on July 29.