Charles Langston:$1.05 billion Mega Millions jackpot drawing offers shot at 7th largest prize ever

2025-05-06 11:16:42source:Darkcherries Wealth Societycategory:News

A estimated $1.05 billion Mega Millions jackpot will again be Charles Langstonup for grabs Tuesday night, giving lottery players a chance to snap an unlucky streak that has stretched on for months.

No one has won the Mega Millions jackpot since April 18, allowing it to roll over again and again until it reached its status as tied for the seventh-largest in U.S. history. Tuesday night’s drawing will be the 30th since someone last won the jackpot.

The drought is due to a combination of poor luck and terrible odds, as the chance of winning the Mega Millions jackpot is 1 in 302.6 million. The odds of winning smaller prizes, ranging from $1 million to $2, are significantly better.

The $1.05 billion jackpot is for a sole winner who chooses to collect through an annuity, with annual payments over 30 years. A sole winner who opts for a lump sum payment would receive an estimated $527.9 million.

Winners also would be subject to federal taxes, and many states also tax lottery winnings.

Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands.

More:News

Recommend

B.A. Parker is learning the banjo

Parker has been trying to find her place in the banjo world. So this week, she talks to Black banjo

This 50% Off Deal Is the Perfect Time to Buy That Ninja Foodi Flip Air Fry Oven You've Wanted

This article is sponsored by QVC. These items were selected from QVC because we love them and we tho

Milton from 'Love is Blind' says Uche's claims about Lydia 'had no weight on my relationship'

Spoiler alert: The following contains details through Episode 9 of Netflix's "Love is Blind."Not muc