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

2025-05-07 05:06:49source:Quentin Mitchellcategory:Invest

A estimated $1.05 billion Mega Millions jackpot will again be Chainkeen Exchangeup 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:Invest

Recommend

The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds

WASHINGTON (AP) — The FBI should have done more to collect intelligence before the Capitol rioteven

War took a Gaza doctor's car. Now he uses a bike to get to patients, sometimes carrying it over rubble.

Running out of gas in your car is often a sign to stop, but not for one doctor in Gaza. Hassan Zain

Abortion debate has dominated this election year. Here are Tuesday’s races to watch

WASHINGTON (AP) — The most-watched races in Tuesday’s off-year general election have all been domina