Current:Home > MarketsMega Millions jackpot grows to $1.58 billion before drawing -ValueCore
Mega Millions jackpot grows to $1.58 billion before drawing
View
Date:2025-04-18 13:02:46
The jackpot for Tuesday night's Mega Millions drawing increased to an estimated $1.58 billion, lottery officials announced. The cash option also grew to an estimated $783.3 million before taxes.
The jackpot stands to be the largest in the game's history and the third largest in U.S. history. The winner will have a chance to pick between the lump-sum payment or an annuity with an immediate payment followed by 29 annual payments.
Tuesday's drawing is expected to be held at 11 p.m. EDT. Mega Millions tickets are sold for $2 in 45 states, Washington, D.C., and the U.S. Virgin Islands. The odds of winning the jackpot are about 1 in 302.58 million.
The jackpot has been growing since it was last won in New York in April. Since then, 31 drawings have been held without anyone matching all six numbers.
The Mega Millions jackpot is the second billion-dollar windfall up for grabs this summer. Last month, a Powerball player bought a winning ticket in Los Angeles for that game's $1.08 billion jackpot.
- In:
- Mega Millions
- Lottery
Alex Sundby is a senior editor for CBSNews.com
TwitterveryGood! (45)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- This rare Bob Ross painting could be yours — for close to $10 million
- A look at Canada’s relationship with India, by the numbers
- Which NFL teams can survive 0-2 start to 2023 season? Ranking all nine by playoff viability
- All That You Wanted to Know About She’s All That
- Nigeria’s opposition candidate appeals election verdict, asks court to declare him winner instead
- Howie Mandel salutes military group 82nd Airborne Division Chorus on 'America's Got Talent'
- Lawsuit filed over department store worker who died in store bathroom, body not found for days
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Adnan Syed calls for investigation into prosecutorial misconduct on protracted legal case
Ranking
- Why members of two of EPA's influential science advisory committees were let go
- Argentina’s former detention and torture site added to UNESCO World Heritage list
- A Georgia county’s cold case unit solves the 1972 homicide of a 9-year-old girl
- Florida Gov. Ron DeSantis injects presidential politics into the COVID vaccine debate
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- The Beigie Awards: Manufacturing takes center stage
- Why the UAW is fighting so hard for these 4 key demands in the auto strike
- A Northern California tribe works to protect traditions in a warming world
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Eric Nam takes his brand of existential pop on a world tour: 'More than anything, be happy'
Taurine makes energy drinks more desirable. But is it safe?
California mother's limbs amputated after flesh-eating bacteria infection linked to fish: Report
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Horoscopes Today, September 19, 2023
Most of Spain’s female players end boycott of national soccer team after government intervenes
Adnan Syed calls for investigation into prosecutorial misconduct on protracted legal case