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Mega Millions jackpot jumps to $970M as drawing approaches
The Mega Millions jackpot is displayed at a convenience store Wednesday, Oct. 17, 2018, in Chicago. The Mega Millions jackpot is now up to $900 million. The estimated jackpot for Friday’s drawing would be the second-largest lottery prize in U.S. history. (AP Photo/Nam Y. Huh)
DES MOINES, Iowa — The Mega Millions jackpot has climbed to $970 million, inching ever-closer to the $1 billion mark.
Officials raised the estimated jackpot Thursday for the second time due to strong sales ahead of Friday night’s drawing.
The prize is the second-largest jackpot in U.S. history, behind only a $1.6 billion Powerball prize won in 2016.
No one has matched all six numbers and won the Mega Millions grand prize since July 24. That reflects the game’s long odds , at one in 302.5 million.
The $970 million refers to the annuity option, paid over 29 years. Most winners take the cash option, which would pay an immediate $513 million. About half of the jackpot winnings would go to taxes.
Mega Millions is played in 44 states, plus Washington, D.C., and the U.S. Virgin Islands.
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