Sun | Nov 18, 2018

Mega Millions jackpot in US hits $1B due to worsening odds

Published:Friday | October 19, 2018 | 11:51 AM
Mega Millions lottery tickets are printed out of a lottery machine at a convenience store on Wednesday, October 17, 2018, in Chicago. The estimated jackpot for Friday's drawing would be the second-largest lottery prize in U.S. history with a jackpot estimated to exceed $900 million. (AP Photo/Nam Y. Huh)

DES MOINES, Iowa (AP) — The Mega Millions jackpot has soared to an estimated $1 billion, as the second-largest lottery prize in U.S. lottery history gets even bigger.

Lottery officials increased the grand prize just hours ahead of the Friday night drawing.

The prize climbed from $970 million.

Although the jackpot keeps increasing, the odds of winning remain stuck at a miserable one in 302.5 million.

The prize has grown so large because no one has hit the jackpot since July 24, when a group in California won $543 million.

The $1 billion prize refers to the annuity option.

Most winners opt for cash, which for Friday night’s drawing would be $565 million.

Officials say that if there isn’t a winner, the prize for Tuesday night’s drawing would be $1.6 billion, tying the largest U.S. lottery prize.

We want to hear from you! Send us a message on WhatsApp at 1-876-499-0169, email us at editors@gleanerjm.com or onlinefeedback@gleanerjm.com.