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Reading: $760M Mega Thousands and thousands jackpot up for grabs: What time is the drawing?
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Michigan Post > Blog > Michigan > $760M Mega Thousands and thousands jackpot up for grabs: What time is the drawing?
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$760M Mega Thousands and thousands jackpot up for grabs: What time is the drawing?

By Editorial Board Last updated: December 17, 2024 4 Min Read
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0M Mega Thousands and thousands jackpot up for grabs: What time is the drawing?

(NEXSTAR) — Somebody may discover themselves with a money windfall Tuesday evening thanks to an enormous Mega Thousands and thousands jackpot, now estimated at $760 million.

The present jackpot has been brewing since September when a ticket bought in Texas landed an $800 million jackpot, the seventh-largest payout within the sport’s historical past. In only a week, the jackpot has ballooned by greater than $140 million.

At $760 million — with an estimated money worth of $352.1 million — that is the biggest Mega Thousands and thousands jackpot accessible within the month of December, in keeping with sport officers. The final time an enormous jackpot was up for grabs within the days earlier than Christmas was in 2013 when tickets in California and Georgia cut up a $648 million prize.

Mega Thousands and thousands jackpot: What’s the tax invoice?

That prize ranks because the tenth-largest in Mega Thousands and thousands historical past. At present’s jackpot is the eighth-largest.

$1.602 billion: Aug. 8, 2023; Florida

$1.537 billion: Oct. 23, 2018; South Carolina

$1.348 billion: Jan. 13, 2023; Maine

$1.337 billion: July 29, 2022; Illinois

$1.128 billion: March 26, 2024; New Jersey

$1.050 billion: Jan. 22, 2021; Michigan

$800 million: Sept. 10, 2024; Texas

Est. $760 million (Present jackpot)

$656 million: Mar. 30, 2012; Illinois, Kansas, and Maryland

$648 million: Dec. 17, 2013; California and Georgia

To affix the listing of the biggest jackpots in Mega Thousands and thousands and Powerball historical past, the present pot would want to develop by greater than $320 million.

$2.04 billion (Powerball): Nov. 7, 2022; California

$1.76 billion (Powerball): Oct. 11, 2023; California

$1.602 billion (Mega Thousands and thousands): Aug. 8, 2023; Florida

$1.586 billion (Powerball): Jan. 13, 2016; California, Florida, Tennessee

$1.537 billion (Mega Thousands and thousands): Oct. 23, 2018; South Carolina

$1.348 billion (Mega Thousands and thousands): Jan. 13, 2023; Maine

$1.337 billion (Mega Thousands and thousands): July 29, 2022; Illinois

 $1.326 billion (Powerball): April 6, 2024; Oregon

$1.128 billion (Mega Thousands and thousands): March 26, 2024; New Jersey

$1.08 billion (Powerball): July 19, 2023; California

No matter the place the $760 million Mega Thousands and thousands jackpot ranks, a winner (or winners) will obtain far much less after taxes, relying on the place they reside.

The place you reside can even impression how late you should buy tickets, and whether or not you should buy them on-line.

Your odds of successful could possibly be influenced by your house of residency: New York and California have bought essentially the most Mega Thousands and thousands jackpot-winning tickets at 42 and 36, respectively, based mostly on sport knowledge. Twenty states have but to promote one.

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What won’t be influenced by your state is how a lot tickets price — $2, plus an extra $1 in the event you go for the Megaplier (accessible in most taking part jurisdictions) — and when the drawing might be held, which is 11 p.m. ET on Tuesday.

Your odds of successful the jackpot are slim at 1 in 302,575,350. Your odds of successful any prize whereas taking part in Mega Thousands and thousands is significantly better at 1 in 24. Ought to no ticket match the successful numbers for Tuesday’s drawing, the subsequent might be held at 11 p.m. ET on Friday. The jackpot can even develop but it surely’s unclear by how a lot.

TAGGED:760MdrawinggrabsjackpotMegamillionsTime
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