Mega Millions jackpot soars to $654 million after no one wins Friday drawing

This post was originally published on this site

After Friday’s drawing came and went without a big winner, the Mega Millions jackpot is set to grow to $654 million.

If the jackpot exceeds those estimates, it could easily become the largest jackpot in Mega Millions history by the next drawing on Tuesday. The current record was set in March 2012 when a $656 million prize was split among three tickets.

If someone had won Friday’s drawing, it would have been the third-largest in Mega Millions history. The largest lottery jackpot ever won though was worth $1.586 billion on Jan. 13, 2016.

Also see: 4 reasons not to buy a Mega Millions ticket

The winning numbers for Friday night’s drawing were 4, 24, 46, 61 and 70, plus the gold Mega Ball 7 and the 3x Megaplier. A ticket sold in Arkansas won the game’s second prize after matching five balls — worth $3 million rather than the standard $1 million in this case because the buyer had decided to include the optional Megaplier.

Another 55 tickets matched four balls to win the $10,000 third prize. Of those, seven tickets included the Megaplier, raising their winnings to $30,000.

The Mega Millions jackpot’s current run began back in July after a winning ticket was purchased by a group of 11 Wells Fargo WFC, +1.30%  employees from San Jose, Calif.

Winners can accept the prize as an annuity to be paid out over nearly three decades, or they can choose to receive a lump-sum cash payment. The lump sum is the current value of the jackpot in cash — for Tuesday’s drawing, that figure is expected to be nearly $373 million.

Get a daily roundup of the top reads in personal finance delivered to your inbox. Subscribe to MarketWatch’s free Personal Finance Daily newsletter. Sign up here.

Be Sociable, Share!

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.