$970 MILLION: Mega lottery jackpot set for Friday

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January 26, 2021 0 Comments

Quick LinksYou last visited January 26, 2021, 8:41 am All times shown areEastern Time (GMT-5:00) RecommendLottery PostHome › Forums › Lottery News › $970 MILLION: Mega lottery jackpot set for FridayRecommend ThisMega Millions: $970 MILLION: Mega lottery jackpot set for FridayRating:3rd largest lottery jackpot the world has ever seenCash value is three-quarters of a billion dollarsBy Todd NorthropThe most commonly-heard phrase this week just might be, “Did you get Mega Millions tickets?”That’s because nobody won the Mega Millions multi-state lottery drawing Tuesday night, sending the Friday jackpot to heights only seen once before in the game’s history.By Friday, the game is likely to sport a jackpot of greater than $1 billion.Friday’s Mega Millions jackpot is currently estimated at $970 million, with a lump-sum cash value of $716.3 million. And based on past multi-state lottery jackpots, that estimate may get a lot bigger by the time the drawing kicks off Friday night.To get to this size, the jackpot has been growing since it started on Sept. 18 as a $20 million prize — now a record 36 consecutive drawings without a winner.Friday’s $970 million Mega Millions jackpot is the 2nd-largest in the game’s history, and the 3rd-largest lottery jackpot in world history. The largest lottery jackpot ever awarded was on January 13, 2016, when three tickets from California, Florida, and Tennessee shared a $1.6 billion Powerball jackpot. Mega Millions had its largest-ever jackpot — valued at $1.537 billion — awarded to a single winning ticket claimed anonymously in South Carolina.The lump-sum cash value of $716.3 million is also the 3rd-largest on the all-time lottery jackpot cash value rankings (see full list below).The USA’s other big multi-state game, Powerball, is simultaneously achieving historic jackpot levels with its $730 million jackpot. Together, Powerball and Mega Millions offer an astonishing $1.7 billion in combined jackpots.Lottery players dreaming what all the cash will look like in their bank account after federal and state taxes are taken out can see an after-tax analysis of the current Mega Millions jackpot by visiting USA Mega’s Mega Millions Jackpot Analysis page. The Jackpot Analysis page has recently been improved to also include the additional taxes that will be due after the initial withholdings, and will even allow players to see the taxes due under different filing statuses.The rush of ticket sales over the next few days likely will propel the jackpot to an even higher amount before the drawing takes place Friday. Lottery Post and USA Mega will update the jackpot tallies displayed if such an increase occurs.The quickest way to find the winning numbers after the drawing Friday will be by visiting USA Mega (www.usamega.com) at 11:00 pm Eastern Time (8:00 pm Pacific), when the winning numbers will be published live as they are drawn.Players looking for the nearest official lottery retailer — or maybe just a different store without such a long line — are urged to use the free Lottery Places app available for iOS, Android, and Windows. The app can find lottery stores in every Mega Millions state and can search across state lines — something even official state lotteries can’t do.Some states offer direct online sales too.  Michigan residents can bypass the store completely and buy Mega Millions tickets and Powerball tickets online.  Texas residents can buy Mega Millions tickets and Powerball tickets online too.  Oregon residents have options to buy Mega Millions tickets and Powerball tickets online as well.  Note that some of these links will only work properly for residents of the states mentioned.Players outside the USA can use a reputable butler service, which provides scanned copies of the purchased lottery tickets securely held on behalf of the customer. In the past, the lottery ticket service was used by people out side the USA to win big jackpots in Oregon and Florida.In Tuesday night’s Mega Millions drawing, there was no jackpot winner, but 11 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from California, 3 from Florida, 1 from Illinois, 1 from Kansas, 1 from Mississippi, 2 from New Jersey, 1 from Pennsylvania, and 1 from Washington.The California second-prize winner will be awarded $1,401,723 instead of the fixed $1 million prize awarded in the other states. By law, California awards all lottery prizes on a pari-mutuel basis, meaning the prizes will change each drawing based on the number of tickets sold within California and the number of tickets that won at each prize level in the state. In this drawing the pari-mutuel prize calculation meant a 40% larger prize than what the other states award, but sometimes that can mean a smaller prize too.Out of all the second-prize tickets, only two from Florida were purchased with the Megaplier option for an extra $1 per play, multiplying their prize to $2 million because the Megaplier number drawn was 2.The Megaplier option is not available in California, because the fixed nature of the prize increase offered with the Megaplier is not compatible with California’s pari-mutuel payouts.Also, a total of 139 tickets matched four of the first five numbers plus the Mega Ball to win a $10,000 prize. Of those tickets, 15 were purchased with the Megaplier option, increasing the prize to $20,000, and 20 were sold in California, where the prize awarded this drawing is $9,710.The Mega Millions winning numbers for Tuesday, January 19, 2021, were 10, 19, 26, 28, and 50, with Mega Ball number 16. The Megaplier number was 2.Following the Tuesday drawing, the Mega Millions annuity jackpot estimate was raised $105 million from its previous amount of $865 million. The cash value was raised by $77.5 million from its previous amount of $638.8 million.Mega Millions is currently offered for sale in 45 states, plus Washington, D.C. and the U.S. Virgin Islands. Drawings are Tuesdays and Fridays at 11:00 pm Eastern Time. Tickets cost $2 each.Top 25 United States lottery jackpots of all timeFriday’s Mega Millions jackpot currently stands as the 3rd-largest lottery jackpot in world history.  That position may rise before the drawing, as lotteries are typically conservative in their initial estimates, and brisk sales may push the jackpot estimate higher by draw time.Powerball: $1.5864 billion, Jan. 13, 2016 (19 rollovers, starting at $40 million) – California, Florida, TennesseeMega Millions: $1.537 billion, Oct. 23, 2018 (25 rollovers, starting at $40 million) – South CarolinaMega Millions: $970 million, Jan. 22, 2021 (36 rollovers, starting at $20 million) – Preliminary estimate, not won yetPowerball: $768.4 million, Mar. 27, 2019 (25 rollovers, starting at $40 million) – WisconsinPowerball: $758.7 million, Aug. 23, 2017 (20 rollovers, starting at $40 million) – MassachusettsPowerball: $730 million, Jan. 20, 2021 (35 rollovers, starting at $20 million) – Preliminary estimate, not won yetPowerball: $687.8 million, Oct. 27, 2018 (21 rollovers, starting at $40 million) – Iowa, New YorkMega Millions: $656 million, Mar. 30, 2012 (18 rollovers, starting at $12 million) – Illinois, Kansas, MarylandMega Millions: $636 million, Dec. 17, 2013 (21 rollovers, starting at $12 million) – California, GeorgiaPowerball: $590.5 million, May 18, 2013 (13 rollovers, starting at $40 million) – FloridaPowerball: $587.5 million, Nov. 28, 2012 (15 rollovers, starting at $40 million) – Arizona, MissouriPowerball: $564.1 million, Feb. 11, 2015 (20 rollovers, starting at $40 million) – North Carolina, Puerto Rico, TexasPowerball: $559.7 million, Jan. 6, 2018 (20 rollovers, starting at $40 million) – New HampshireMega Millions: $543 million, Jul. 24, 2018 (22 rollovers, starting at $40 million) – CaliforniaMega Millions: $536 million, Jul. 8, 2016 (34 rollovers, starting at $15 million) – IndianaMega Millions: $533 million, Mar. 30, 2018 (23 rollovers, starting at $40 million) – New JerseyMega Millions: $522 million, Jun. 7, 2019 (24 rollovers, starting at $40 million) – CaliforniaPowerball: $487 million, Jul. 30, 2016 (23 rollovers, starting at $40 million) – New HampshirePowerball: $456.7 million, Mar. 17, 2018 (19 rollovers, starting at $15 million) – PennsylvaniaMega Millions: $451 million, Jan. 5, 2018 (23 rollovers, starting at $15 million) – FloridaPowerball: $448.4 million, Aug. 7, 2013 (12 rollovers, starting at $40 million) – Minnesota, New Jersey (2)Powerball: $447.8 million, Jun. 10, 2017 (19 rollovers, starting at $40 million) – CaliforniaPowerball: $435.3 million, Feb. 22, 2017 (18 rollovers, starting at $40 million) – IndianaPowerball: $429.6 million, May 7, 2016 (18 rollovers, starting at $40 million) – New JerseyPowerball: $425.3 million, Feb. 19, 2014 (15 rollovers, starting at $40 million) – CaliforniaFor those keeping score, the number of jackpots in the top 25, by lottery game, are:Powerball: 16Mega Millions: 9Top 25 cash value jackpotsSince many lottery winners collect their winnings in cash, the lump-sum payout is an important measure of what a winning ticket could be worth.Looking at the cash value, the upcoming Mega Millions jackpot ranks as the 3rd-largest cash value in world history.Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) – California, Florida, TennesseeMega Millions: $877.8 million cash, Oct. 23, 2018 ($1.537 billion annuity) – South CarolinaMega Millions: $716.3 million cash, Jan. 22, 2021 ($970 million annuity) – Preliminary estimate, not won yetPowerball: $546 million cash, Jan. 20, 2021 ($730 million annuity) – Preliminary estimate, not won yetPowerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) – MassachusettsPowerball: $476.9 million cash, Mar. 27, 2019 ($768.4 million annuity) – WisconsinMega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) – Illinois, Kansas, MarylandPowerball: $396.2 million cash, Oct. 27, 2018 ($687.8 million annuity) – Iowa, New YorkPowerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) – Arizona, MissouriPowerball: $381.1 million cash, Feb. 11, 2015 ($564.1 million annuity) – North Carolina, Puerto Rico, TexasMega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) – IndianaPowerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) – FloridaPowerball: $352 million cash, Jan. 6, 2018 ($559.7 million annuity) – New HampshireMega Millions: $347.6 million cash, Dec. 17, 2013 ($636 million annuity) – California, GeorgiaMega Millions: $340 million cash, Jun. 7, 2019 ($522 million annuity) – CaliforniaPowerball: $336.8 million cash, Jul. 30, 2016 ($487 million annuity) – New HampshireMega Millions: $324 million cash, Mar. 30, 2018 ($533 million annuity) – New JerseyMega Millions: $320.5 million cash, Jul. 24, 2018 ($543 million annuity) – CaliforniaMega Millions: $319.9 million cash, Jun. 9, 2020 ($414 million annuity) – ArizonaPowerball: $284 million cash, May 7, 2016 ($429.6 million annuity) – New JerseyMega Millions: $281.9 million cash, Jan. 5, 2018 ($451 million annuity) – FloridaPowerball: $279.1 million cash, Jun. 10, 2017 ($447.8 million annuity) – CaliforniaPowerball: $276.5 million cash, Jan. 29, 2020 ($396.9 million annuity) – FloridaPowerball: $273.9 million cash, Mar. 17, 2018 ($456.7 million annuity) – PennsylvaniaPowerball: $263.5 million cash, Feb. 22, 2017 ($435.3 million annuity) – IndianaThe number of cash value jackpots in the top 25, by lottery game, are:Powerball: 15Mega Millions: 10Lottery Post StaffSimpsonvilleUnited StatesMember #163184January 22, 20152403 PostsOnline📄January 20, 2021, 7:57 amThanks for posting this Todd.   Been chomping on the bit waiting for the standing list.   Great job!United StatesMember #52343May 21, 20073339 PostsOffline📄January 20, 2021, 8:44 amQuote: Originally posted by on January 20, 2021Thanks for posting this Todd.   Been chomping on the bit waiting for the standing list.   Great job!sounds like puppy needs a new slipper to gnaw on jejeje I’m rather surprised it rolled last night, but onward and up ward 50Beautiful FloridaUnited StatesMember #5709July 18, 200424624 PostsOffline📄January 20, 2021, 9:22 amOh Boy, Here We Go !!                                                                                            “Slander becomes the tool of the loser when the debate is lost.” – Socrates.SimpsonvilleUnited StatesMember #163184January 22, 20152403 PostsOnline📄January 20, 2021, 9:22 amQuote: Originally posted by on January 20, 2021sounds like puppy needs a new slipper to gnaw on jejeje I’m rather surprised it rolled last night, but onward and up ward Thanks for the laugh, first one being djt leaving and Village People’s YMCA playing as they were boarding  AF1…how that song slipped through the cracks is beyond me.  LMAO!!IdahoUnited StatesMember #56504November 21, 20076709 PostsOnline📄January 20, 2021, 10:26 amI love when the jackpot gets so high. Good luck to everyone playing!USAUnited StatesMember #152794February 25, 20141111 PostsOffline📄January 20, 2021, 10:35 amQuote: Originally posted by on January 20, 2021sounds like puppy needs a new slipper to gnaw on jejeje I’m rather surprised it rolled last night, but onward and up ward So was I! It’s starting to get interestingSimpsonvilleUnited StatesMember #163184January 22, 20152403 PostsOnline📄January 20, 2021, 11:07 amQuote: Originally posted by on January 20, 2021So was I! It’s starting to get interestingPerhaps they’ll toss in $30 million more…we shall see.USAUnited StatesMember #152794February 25, 20141111 PostsOffline📄January 20, 2021, 11:28 amQuote: Originally posted by on January 20, 2021Perhaps they’ll toss in $30 million more…we shall see.You’re being too optimistic as they only added $15 million ($10 millions cash) to last night’s MM jackpot.USAUnited StatesMember #152794February 25, 20141111 PostsOffline📄January 20, 2021, 11:32 amKind of surprised there aren’t any postings on dream homes or toys that a potential winner would purchase.AustinUnited StatesMember #191205July 21, 201882 PostsOffline📄January 20, 2021, 11:38 amHaven’t had a chance to look but wondering would it be best for winner to do annuity or cash? I guess depending on ageIdahoUnited StatesMember #94279July 17, 20102350 PostsOffline📄January 20, 2021, 12:40 pmQuote: Originally posted by on January 20, 2021Haven’t had a chance to look but wondering would it be best for winner to do annuity or cash? I guess depending on ageDepends on your personality, and your track record with handling money responsibly, I think.Can you say “no” when someone close to you asks for more money?  If you’ve just bought a 2 million dollar car, do you have to buy the next one that you like too?   Do you feel guilty when you have extra and give it away so you don’t feel ashamed or greedy?Answering questions like that truthfully will tell you if you can handle getting the cash or if you should protect the future with an annuity.Marquette, MIUnited StatesMember #20540August 20, 2005914 PostsOffline📄January 20, 2021, 1:04 pmYAAAAAAAAAAWWWWWWWWWWWWWWWNNNNNNNNNNNNNNN!!! I don’t have jackpot fatigue, I have losing fatigue…I may buy a ticket for this coming draw. Here, we have had a record jackpot for several draws in a row and there have been excessively few second prizes in Michigan.  I am sure most other states can say that too. If this keeps up they might as well convert the MM into a giant raffle game with weekly, quarterly and annual prizes.hinsdale, ilUnited StatesMember #125342March 28, 201237 PostsOffline📄January 20, 2021, 2:03 pmA bil by draw time friday likely. If it rolls, 1.2-1.3 bil by draw time next Tuesday, the later would mean a likely billion dollar cash value. If the current 74% is the indicator, then specifically a 1.36 bil annuity is needed.AustinUnited StatesMember #191205July 21, 201882 PostsOffline📄January 20, 2021, 3:26 pmInteresting, have no problems with saying “no”.  I think in TX you have to choose annuity or cash at time of sale but, if you choose annuity, your name will be published after 30 days. dang if you do, it’s best to go cash under trust. .

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