Drawing nears for $997M Mega Millions jackpot

By AP News

Mar 22, 2024

1 min read

A nearly $1 billion Mega Millions jackpot is up for grabs, offering the prospect of instant riches for a lucky player after more than three months without a big winner

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Lottery Jackpot

DES MOINES, Iowa (AP) — A nearly $1 billion Mega Millions jackpot will be up for grabs Friday night, offering the prospect of instant riches for a lucky player after more than three months without a big winner.

The numbers will be drawn at 11 p.m. EDT for the estimated $977 million Mega Millions prize. The jackpot ranks as the 10th largest in U.S. lottery history.

No one has won the game's jackpot since Dec. 8, a string of 29 consecutive drawings without anyone matching all of the game's six numbers. That has enabled the jackpot to slowly grow, week after week.

The $977 million prize is for a sole winner who chooses to be paid through an annuity over 30 years. Winners almost always opt for a cash payment, which for Friday's drawing would be an estimated $461 million.

The other U.S. lottery game, Powerball, also has grown to be nearly as large, with an annuity jackpot of $750 million and a cash payout of $357.3 million. The next Powerball drawing is scheduled to take place Saturday night.

Important Notice And Disclaimer

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.