What is the Mega Millions lottery jackpot expected to hit?
Friday lottery expected to hit $140 million There were no tickets sold with all six numbers in tonight’s draw of the 12-state Mega Millions lottery and the estimated jackpot for Friday’s drawing will grow to $140 million. Eleven tickets — one each sold in California, Massachusetts, New Jersey, Ohio and Texas, two in Michigan and four in New York — had five numbers, but didn’t have the Mega number, California Lottery officials announced. The one sold in California is worth $268,709, while the other 10 are each worth $250,000. California law requires major payoffs of lottery games to be paid on a pari-mutuel basis. The numbers drawn tonight were 27, 31, 32, 36, 47 and the Mega number was 35. The estimated jackpot was $118 million. The drawing was the 10th since the last time a ticket with all six numbers was sold. Tickets with all six numbers for the Nov. 10 draw were sold in South San Francisco and New Jersey and each was worth $38.5 million. The odds of matching all five numbers and
NEW YORK (CNNMoney.com) — Undeterred by the miniscule odds, people were lining up Friday for a chance to score the estimated $333 million Mega Millions jackpot. The odds really are microscopic. You have a one in 175,711,536 chance of winning. That’s a 0.0000006% chance. Still, since tickets are just $1, and the jackpot payout is double the odds of winning, if a person bought all 176 million combinations, he or she would be guaranteed to win at least $157 million. So playing the Mega Millions on Friday could make sense … if you could afford to spend $176 million on tickets. Bear in mind, that only works if there is a single winner who doesn’t take a lump sum payout. Sources: http://money.cnn.com/2009/08/28/news/economy/mega_millions/index.
There were no tickets sold with all six numbers in tonight’s draw of the 12-state Mega Millions lottery and the estimated jackpot for Friday’s drawing will grow to $140 million. Eleven tickets — one each sold in California, Massachusetts, New Jersey, Ohio and Texas, two in Michigan and four in New York — had five numbers, but didn’t have the Mega number, California Lottery officials announced. The one sold in California is worth $268,709, while the other 10 are each worth $250,000. California law requires major payoffs of lottery games to be paid on a pari-mutuel basis. Sources: http://www.presstelegram.
