Mega Millions jackpot reaches $785 million, sixth highest in lottery history

By Abhishek Yadav January 03, 2022


The next Mega Millions drawing will take place on Tuesday, January 1. 3 to 11 p.m. ET. The drawing takes place every Tuesday and Friday at 11 o'clock.

The cost is $2 per ticket, but you can add a Megaplier for $1, which will increase your winnings up to five time the original amount (excluding the jackpot)

States have different deadlines and some allow people to buy tickets more recently. Check with your local lottery.

The odds of hitting all five white balls are 12,607,306 to 1, while the odds of winning the jackpot are 302,575,350 to 1.

If you are the winner of the Mega Millions jackpot

you can get your money in two ways: by the age or the sum of money.

If you choose the annuity option, you will receive an immediate payment

followed by 29 annual payments that increase by 5% each year.

If you choose a combination, you will receive your winnings immediately,

but they are taxed heavily and often more than half the jackpot.

The winner of this jackpot will receive $395 million instantly.