The Mega Millions jackpot has increased to $893 million

The Mega Millions jackpot has increased to $893 million

The Mega Millions jackpot has surged to $893 million ahead of Tuesday night’s drawing.

The jackpot prize has a cash value of $421.4 million, which can be offered as a one-time lump sum payment, or an immediate payment followed by 29 annual payments.

The total of $875 million is the sixth-largest in Mega Millions history. The drawing is at 11 p.m. ET.

The numbers Saturday night were 13, 25, 50, 51, 66 and gold Mega Ball 6. While there was no big winner, one person in New York won $1 million for matching the five white balls.

There have been 28 consecutive drawings without a jackpot winner. The last jackpot was won on Dec. 8.

PHOTO: A person plays lottery at a 7-eleven store in Redwood City, California, August 8, 2023.

A person plays lottery at a 7-eleven store in Redwood City, California, August 8, 2023.

Tayfun Coskun/Anadolu Agency via Getty Images

The odds of winning the jackpot are 1 in 302,575,350, according to Mega Millions.

Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands. Tickets are $2 for one play.

The largest Mega Millions jackpot prize ever won was $1.6 billion prize won on Aug. 8, 2023. There have only been five jackpots that have exceeded $1 billion in Mega Millions history, according to the lottery game.

And if you don’t win Mega Millions, there’s always Powerball. The latest Powerball jackpot has surged to $687 million ($327.3 million cash value) ahead of Wednesday night’s drawing.

The Mega Millions jackpot has reached an astonishing $893 million, making it one of the largest lottery prizes in history. With such a massive sum up for grabs, people all across the country are rushing to purchase their tickets in hopes of becoming the next big winner.

The odds of winning the Mega Millions jackpot are incredibly slim, with a 1 in 302.6 million chance of matching all six numbers. Despite these daunting odds, the allure of potentially life-changing wealth is enough to entice millions of players to try their luck.

If a single winner were to take home the entire $893 million jackpot, they would have the option of receiving their winnings in either a lump sum payment or as an annuity spread out over 30 years. The lump sum option would amount to approximately $548 million before taxes, while the annuity option would provide annual payments that increase over time.

For many winners, the decision of how to receive their winnings can have significant financial implications. While the lump sum payment offers immediate access to a large sum of money, the annuity option provides a more stable income stream over the long term.

It’s important for potential winners to carefully consider their options and consult with financial advisors before making any decisions about how to claim their prize. Proper planning and management of lottery winnings can help ensure that the windfall is used wisely and responsibly.

As the Mega Millions jackpot continues to climb, excitement and anticipation are building among players who dream of hitting the jackpot. Whether it’s buying a new home, traveling the world, or simply enjoying a life of financial security, the possibilities that come with winning such a massive prize are endless.

As the drawing date approaches, ticket sales are expected to skyrocket as more and more people try their luck at becoming the next Mega Millions millionaire. While the odds may be slim, the thrill of playing for a chance at such a huge jackpot is enough to keep players coming back for more.

In the end, whether it’s a lucky few who walk away with the grand prize or not, the excitement and hope that comes with playing the lottery is something that will continue to captivate players for years to come. And who knows, maybe this time it will be you holding the winning ticket worth $893 million.