- No one won Friday’s Mega Millions drawing, sending its jackpot soaring over $US1.6 billion.
- That’s the biggest prize in Mega Millions history.
- The next drawing is scheduled for Tuesday, October 23.
- Tickets cost $US2 each, and players choose five numbers between one and 70 and an extra number between one and 25.
The Mega Millions jackpot is $US1.6 billion, the highest Mega Millions top prize ever.
The next drawing for the jackpot is scheduled for Tuesday, October 23. Tickets cost $US2, and according to the Mega Millions website, players choose five numbers between one and 70, and then a bonus number between one and 25. Matching all six numbers leads to winning the $US1.6 billion jackpot, and matching some combinations of the numbers pays out smaller prizes.
The probability of winning the top prize by perfectly matching all six numbers is a staggering 1 in 302,575,350. Given that the odds are so heavily against you, it’s likely not a good investment to buy a ticket.
If you do choose to play and, against all odds, win the $US1.6 billion, there are a few key things to do immediately: keep quiet, hire a lawyer and a financial planner, and consider taking the annuity rather than the lump sum payment.
Beyond that, winning the lottery is often not as glamorous as it may seem, as many winners end up struggling to find meaning, get taken advantage of by others, and even end up broke. Still, some research suggests that lottery winners do tend to end up happier than others.
Jackpots in Mega Millions and the similar Powerball lottery have been steadily increasing over the last few years as a result of rules changes that make winning the jackpot far less likely, meaning each drawing has a higher chance of having no winners and rolling over.
Despite the poor odds, lotteries remain very popular among Americans, with the amount spent on lottery tickets each year varying widely from state to state.
One approach to guaranteeing a lottery win is to buy enough tickets to enter every single possible combination of numbers. While the astronomical number of possible Mega Millions combinations would make that nearly impossible for Friday’s drawing, a Romanian-born mathematician actually pulled this off back in the day, winning 14 separate lotteries in the 1980s and 90s.
If you do decide to play in Tuesday’s drawing, good luck!
Read more of our Mega Millions coverage:
- No one has won the Mega Millions jackpot and it’s ballooned to $US1.6 billion – but if you do the maths, that’s not surprising at all
- The Mega Millions jackpot is $US1.6 billion. We did the maths to see if you should buy a ticket.
- The record-high Mega Millions jackpot is worth $US1.6 billion – here are 3 things you should do if you win
- Buying enough Mega Millions tickets to cover every possible combination sounds like a surefire way to win – but there are 3 major problems with that plan
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