Mega Millions jackpot jumps to $970M as drawing approaches
DES MOINES, Iowa (AP) — 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.
Powerball is now at an estimated $430 million and Hoosier Lotto is an estimated $18.8 million.
The sales cut-off for Mega Millions is at 10:44 p.m. EDT Friday, Powerball is 9:58 p.m. EDT Saturday and Hoosier Lotto is 10:39 p.m. EDT Saturday. Mega Millions, Powerball and Hoosier Lotto tickets are available at Hoosier Lottery retailers.