Mega Millions jackpot rises to $1.02 billion

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Mega Millions jackpot rises to $1.02 billion
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Here are the winning numbers from Tuesday night's Mega Millions drawing.

Mega Millions progressive jackpotMost recently, $20 million was won in Tennessee on April 15. A $426 million prize was won in California on Jan. 28, followed by $128 million in New York on March 8 and $110 million in Minnesota on April 12. Mega Millions drawings are held Tuesday and Friday at 11 p.m. ET. Five white balls are drawn from a set of balls numbered 1 through 70, and one gold Mega Ball is drawn from a set of balls numbered 1 through 25.

For those lucky enough to become a Mega Millions jackpot winner, they get the choice of a cash option or an annual payout. The annuity option means getting an initial payment followed by 29 annual payments, and each payment is 5% larger than the previous one. For those that select the cash option, they receive a one-time, lump-sum payment that is equal to all the cash in the Mega Millions jackpot prize pool after taxes.

The odds of winning the Mega Millions jackpot prize is roughly 1 in 302,575,350, lottery officials said. But a player’s overall chance of winning any prize is 1 in 24.

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