Tomorrow (July 29, 2022) night’s Mega Millions drawing is estimated at $1.1 billion (update: $1.28 billion), making it the 2nd largest Mega Millions jackpot of all time. The Top 10 Mega Millions jackpots to date are as follows:
$1.537 billion - 10/23/18 - Winning ticket in South Carolina. (5, 28, 62, 65, 70 and 05)
$1.28 billion - 7/29/22 - And if no one wins it, it will be even higher on 8/2/22.
$1.050 billion - 1/22/21 - Winning ticket in Michigan (4, 26, 42, 50, 60 and 24)
$656 million - 3/30/12 - Winning tickets in Illinois, Kansas, Maryland (2, 4, 23, 38, 46 and 23)
$648 million - 12/17/13 - Winning tickets in California, Georgia (8, 14, 17, 20, 39 and 7)
$543 million - 7/24/18 - Winning ticket in California (1, 2, 4, 19, 29 and 20)
$536 million - 7/8/16 - Winning ticket in Indiana (8, 19, 20, 55, 73 and 5)
$533 million - 3/30/18 - Winning ticket in New Jersey (11, 28, 31, 46, 59 and 1)
$522 million - 6/7/19 - Winning ticket in California (17, 19, 27, 40, 68 and 2)
$516 million - 5/21/21 - Winning ticket in Pennsylvania (6, 9, 17, 18, 48 and 8)
Mega Millions is sold in 45 states, Washington D.C. and the U.S. Virgin Islands. The five states that do not participate are Alabama, Alaska, Hawaii, Nevada and Utah.
Locally, Kristine Wellerstein won a $426 million ($292.9 million cash) Mega Millions drawing with a ticket purchased in Woodland Hills on 1/28/22.
On 7/16/10, Zahra Vasseghi of Agoura Hills split a $64 million Mega Millions jackpot with a co-worker. Read about her story at nspyr.com/thevasseghifamilystory/index.html (you won’t regret it).
In Mega Millions, you pick five different numbers ranging from 1 to 70 and one number (the gold Mega Ball) from 1 to 25. The jackpot is hitting all 6 numbers, which is a 1 in 302,575,350 chance. You have a 1 in 37 chance of hitting just the Mega Ball, worth a $2 return of your money.
If you win the Mega Millions jackpot, you can either take one up-front payment that is equal to all the cash in the jackpot price pool (which in tomorrow’s case is $648.2 million vs the estimated $1.1 billion full jackpot) or you can take the annuity option.
The annuity option is not the entire amount divided by 30 years. It starts out at about 1.5% of the total jackpot and increases each year by 5%. So for example, if you win the $1.1 billion jackpot, in the annuity option, you would receive about $16.5 million immediately, followed by $17.3 million in year 2, $18.2 million in year 3, $19.1 million in year 4, and so on.
Good luck! www.megamillions.com