Business, Entertainment

Mega Millions jackpot soars to new record $900 million

Mega Millions 900MForget about a measly $667 million.  The Mega Millions jackpot has been climbing since late July, and on Wednesday, it reached a new all-time high.

The estimated annuity value of the jackpot in Friday night’s Mega Millions drawing has been raised to $900 million after no one won the prize during Tuesday night’s drawing.

The jackpot is the game’s history.

The previous record jackpot in Mega Millions was a $656 million prize that was shared by winners from Kansas, Illinois, and Maryland in March 2012.

Meanwhile, the Powerball jackpot for Wednesday’s drawing has rolled to an estimated annuity of $345 million. The estimated cash value is $199 million.

All estimated jackpot amounts are before taxes.

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The Mega Millions jackpot has been increasing since a group of 11 co-workers in Santa Clara County, California, shared a $543 million prize – the fourth-largest in the game’s history – in the July 24, 2018 drawing. The current Powerball jackpot has been on the rise since a Staten Island, N.Y., man won a $245.6 million jackpot in the August 11, 2018 drawing.

The largest Powerball jackpot was $1.586 billion, which was shared by winners in California, Florida, and Tennessee in January 2016.

Mega Millions drawings are held Tuesdays and Fridays at 11 p.m. ET. Tickets are sold in 44 states, Washington, D.C., and the U.S. Virgin Islands.

Powerball drawings are held Wednesdays and Saturdays at 10:59 p.m. ET. Tickets are sold in 44 states, Washington, D.C., the U.S. Virgin Islands and Puerto Rico.

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