Skip to main content
BusinessLatest News

After nobody won the top prize, the Mega Millions jackpot increased to $1.25 billion

By 08/02/2023 2:57 PMNo CommentsBy YidInfo Staff

 

After no one overcame the odds and won the enormous lottery prize on Tuesday night, the Mega Millions jackpot jumped to an estimated $1.25 billion.

The winning numbers were 8, 24, 30, 45, and 61. The yellow ball was drawn as number 12. Since April 18, no one has won the Mega Millions jackpot, which has caused it to increase in size.

One of the greatest prizes in American history is the $1.25 billion reward for Friday’s drawing. The $1.1 billion lottery on Tuesday night was the 30th consecutive one without a winner.

Given that the odds of winning the Mega Millions jackpot are 1 in 302.6 million, the lottery drought is the result of a combination of bad luck and obscenely low odds.

Smaller rewards, from $2 to $1 million, have much better odds of being won. The new $1.25 billion prize is for a single winner who decides to receive payments through an annuity over a 30-year period.

If a single winner chose a lump sum payment, they would get almost $625.3 million.

Federal taxes would also be due by winners, and many states tax lottery prizes as well. In 45 states, Washington, D.C., and the United States, Mega Millions is played. Caribbean islands.

JOIN US ON WHAT'SAPP, TO GET INSTANT STATUS UPDATES AND BE IN THE KNOW.

CLICK HERE
By providing your phone number, you will receive text message updates from Yid-Info. You can opt out at any time by responding STOP.

bobby bracros

Author bobby bracros

More posts by bobby bracros

Leave a Reply