![]() ![]() ![]() A cash-value option (the usual choice), when chosen by a jackpot winner, pays the approximate present value of the installments. Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. The jackpot increases when no top-prize winner results. Under the current version's regulations (which began October 28, 2017, with the first drawing October 31) for Mega Millions, the minimum Mega Millions advertised jackpot is $20 million, paid in 30 graduated yearly installments, increasing 5% each year (unless the cash option is chosen see below for differences by lotteries on cash/annuity choice regulations). The hosts are John Crow and Adrian Wollford. Mega Millions is administered by a consortium of its 12 original lotteries the drawings are held at the studios of WSB-TV in Atlanta, Georgia, supervised by the Georgia Lottery. ![]() Mega Millions is drawn at 11 pm Eastern Time on Tuesday and Friday evenings, including holidays. What is now Mega Millions initially was offered in six states the logo for all versions of the game following the retirement of The Big Game name featured a gold-colored ball with six stars to represent the game's initial membership, although some lotteries insert their respective logos in the ball. The first (The Big Game) Mega Millions drawing was in 2002. Mega Millions (originally known as The Big Game in 1996 and renamed, temporarily, to The Big Game Mega Millions six years later) is an American multijurisdictional lottery game as of January 30, 2020, it is offered in 45 states, the District of Columbia, and the U.S. Virgin Islands.American multi-jurisdictional lottery game Mega Millions can be played in 45 states as well as the District of Columbia and the U.S. Those who select the annuity receive one immediate payment that is followed by 29 annual payments that increase by 5% every year. Lottery winners can choose to receive their winnings through a one-time lump sum payment or an annuity. After taxes, the winners received around $557 million. The winning ticket was claimed by a group of four from Michigan. At the time, the Mega Millions jackpot was worth an estimated $1.05 billion. The third-largest jackpot in lottery history was won on Jan. The latest drawing comes as the jackpot surpassed a quarter of a billion dollars. The numbers will be drawn on Friday, Jan. The next Mega Millions drawing will be worth an estimated $278 million with a cash option of $193 million. The other Mega Millions wins from the evening ranged between $2 and $1,500. Meanwhile, 11 players hit the Match 4 plus the gold Mega Ball with a 3X Megaplier purchase, winning $30,000. Thirty-four players hit the Match 4 plus the gold Mega Ball putting their winnings at $10,000. If the player would have matched the five numbers and purchased the Megaplier, they would have won $3 million apiece.Īside from the instant millionaires, there were several other smaller wins that resulted from the night. Even though there were no grand prize winners following the latest drawing, several players managed to become instant millionaires.įour players from Florida, Georgia, Indiana, and New York hit the Match 5 and won $1 million each. ![]()
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