Mega Millions jackpot climbs to $785M after no big winner

By AP News

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The first Mega Millions drawing of the new year will be a big one after no one won an estimated $685 million jackpot

Mega Millions Jackpot

The first Mega Millions drawing of the new year will be a big one after no one won an estimated $685 million jackpot.

No ticket purchased for the lottery matched all six numbers drawn Friday night, Mega Millions said in a statement early Saturday. The top prize increased to $785 million ahead of the next drawing Tuesday night.

The numbers selected Friday were: 1, 3, 6, 44, 51 and gold Mega Ball 7.

The jackpot has grown so large thanks to long odds of one in 302.6 million that have resulted in 22 straight drawings without a big winner.

The estimated $785 million prize is for a winner who chooses to be paid through an annuity, with annual checks over 29 years. Nearly all winners opt for cash, which for the next drawing would be an estimated $395 million.

The jackpot is the largest since a $2.04 billion Powerball prize was won Nov. 8 in California. A winner hasn’t been announced for that record-setting payout.

“On only three previous occasions has the Mega Millions jackpot gone beyond $700 million, and all three times those rolls continued on past $1 billion,” Mega Millions said.

Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands.

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Author: AP News

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Originally published by Associated Press Valuethemarkets.com, Digitonic Ltd (and our owners, directors, officers, managers, employees, affiliates, agents and assigns) are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above.

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