Top 10 lottery jackpots: Powerball, Mega Millions' biggest prizes, Who won and where winning tickets were bought How much was the Mega Millions lottery jackpot for April 11? EST Tuesdays and Fridays.īelow are some frequently asked questions about Mega Millions, Powerball and lottery odds. Mega Millions drawings are held at 11 p.m. 3, and ticket sales have increased with the rising jackpot. The drawing hasn’t seen a multimillion-dollar winner since Feb. What were the numbers? This combination of 6 numbers won $185.3 million on Valentine's Day 2022 What we know about big winners: Lotto jackpots have surpassed $1 billion six times. Here's a snapshot of recent drawings and how much the jackpot has climbed (in so short a time): Winning numbers for Tuesday, April 11: 31-35-53-54-55, and the Mega Ball was 24. The 10th largest jackpot was $522 million in June 2019. The new jackpot in inching closer to joining the top 10 biggest Mega Millions jackpots. The jackpot has now grown to $476 million, with a cash option of $256 million. This material may not be published, broadcast, rewritten or redistributed without permission.The estimated jackpot for Tuesday's drawing was $441 million, with a cash option of $238.8 million. There’s no telling, but keep in mind that the two largest jackpots ever each exceeded $1.5 billion, so it could be a while before some lucky player is bathing in riches.Ĭopyright 2021 The Associated Press. But the smaller prizes also reflect slower sales during the coronavirus pandemic, which led lottery officials to reduce the size of initial jackpots and allow them to grow more slowly, depending on sales. Some of that is chance, as players won prizes before they could reach the stratosphere. It's been nearly two years since lottery jackpots grew so large. It absolutely is, but you’ll take home even less because the federal government will also be a winner, typically siphoning off 37% in taxes. That means if one person wins the estimated $750 million Mega Millions jackpot, they would get a pre-tax lump-sum payment of about $550 million, which is around 25% less than the annuity amount. Of course, winners rarely go that route, instead opting for a lump-sum payment figuring they can better invest it themselves. First, those jackpots promoted by the lotteries are for winners who take the annuity option, which is paid out over 30 years. Pretty rich, but maybe less than you think. WHEN I BEAT THE ODDS, HOW RICH WILL I BE? As more people play, the odds also rise that more than one person will draw the winning numbers, which would mean sharing the jackpot. Keep in mind, though, that whether you spend $2 or $200 on tickets, you should plan on losing. The odds stay the same for any single combination purchased, but a person’s odds of winning improve ever so slightly with every different combination they play. It's a big country, and when millions and millions of people play the lottery, someone eventually wins. Despite the infinitesimally small odds, one day soon some guy in Florida or woman in Arizona or who knows where will stand before cameras with a dazed smile, holding up a giant check with a bunch of zeros. It’s safe to say it’s working, as their combined jackpots reached an estimated $1.39 billion on Thursday.Ĭan't envision your odds of winning? Here's how Andrew Swift, a mathematics professor at the University of Nebraska-Omaha, described it: The odds of winning Powerball are a little worse than flipping a coin and getting heads 28 straight times. With the widest reach of any lotteries in the U.S., Powerball and Mega Millions are designed to produce eyepopping jackpots that generate huge sales.
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