Mega Millions jackpot nears $1 billion ahead of Friday drawing

Mega Millions $900M, Powerball $430M Jackpots Await This Weekend

The cash value plus the interest is what creates the prize.

Here are some answers for someone holding that prized lottery ticket for what would be the second-largest lottery jackpot in US history.

Friday morning, the jackpot rose to $1 billion, with an estimated cash payout of more than $565 million.

Mega Millions has existed in some form since 1996.

"I can't recall quite a similar situation in recent years", PA Lottery spokesperson Jeffrey Johnson told KDKA money editor Jon Delano on Thursday.

Since 2012, 10 of the biggest lottery jackpots in US history have exceeded $500 million. If the jackpot holds at $975 million, it would be $513 million.

Young said she had played the lottery before, but "only when it's huge", she said.

The former record holder for Mega Millions was a $656 million prize in 2012.

The jackpot has been growing since July, when some California office workers won $543 million. The jackpot reset at $40 million for the next drawing and has been soaring ever since.

The current jackpot is the largest Mega Millions jackpot in the lottery's history at $970 million.

The jackpot goes to a victor who matches the five numbers and the Powerball number. Powerball odds are just slightly better at 1 in 292.2 million. The odds of winning the jackpot are now 1 in 302,575,350. In Arizona, people who win more than $600 can keep their names secret for 90 days after claiming prizes, but after that names are public record. Tuesday's winning numbers were 3, 45, 49, 61, 69, and 9.

Powerball made similar changes to its rules in 2015.

But no one picked the six winning Mega Millions numbers correctly, so the jackpot rolled over and soared even higher.

State lottery commissions have relied on human psychology and the spirit of optimism to fuel sales.

He calls these gamblers "infrequent players", and their participation helps boost jackpots to historic levels, he said.

This jackpot also stole the #2 spot as the second largest jackpot in United States history, but it's still a long way from stealing the #1 spot.

Tonight's will take place on Friday at 11pm, eastern daylight time. The estimated jackpot may be revised to account for higher ticket sales if officials see an uptick in activity before the next drawing, he said.

At the Smithfield News in Downtown Pittsburgh, there was a steady stream of lottery ticket buyers.

KDKA money editor Jon Delano admits he nearly never buys lottery tickets.

Related news:

Hot News

isis-killer-beheading-video-story-top Milwaukee Brewers vs. Los Angeles Dodgers 10/17/18, Prediction & Odds
Oct 19, 2018 - 19:10
Machado is only hurting his offseason money but this is a bad showing for a shortstop that was supposed to change the Dodgers. The lefty retired his last 13 batters and blanked Milwaukee following Lorenzo Cain's RBI double in the top of the second.

isis-killer-beheading-video-story-top Volunteers search for clues in the missing Wisconsin teen case
Oct 19, 2018 - 18:52
He emphasized that people should use the tip line at 1-855-744-3879 if they have any information regarding the case. The tipster said the girl they saw was riding in the back of a black Ford Explorer with a Wisconsin license plate.

isis-killer-beheading-video-story-top Pregnant Meghan Markle tosses Australian football in heels
Oct 19, 2018 - 18:46
Somehow, the Duchess of Sussex found time in the midst of her busy touring schedule in Australia to head to the kitchen to bake. She said: "My first job when I was 14, I remember taking out the trash, all sorts".

isis-killer-beheading-video-story-top Gordon Hayward announces deal with Anta
Oct 18, 2018 - 09:03
The Philadelphia 76ers have announced that they will start second-year guard Markelle Fultz in place of sharpshooter JJ Redick . It sounds insane to even think about a game that far away, but the end of December will be here before basketball fans know it.

isis-killer-beheading-video-story-top Israel’s warplanes pound Gaza following rocket fire
Oct 18, 2018 - 08:57
The rocket that struck Tamano's home - launched by terrorists in the Hamas-ruled Gaza Strip - was carrying a 20-kilogram warhead. Israeli warplanes carried out about 20 airstrikes across the Gaza Strip on predawn Wednesday, injuring dozens of Palestinians.

isis-killer-beheading-video-story-top China, not Russia, had a major hand in 2016 US election meddling
Oct 18, 2018 - 08:16
However, he said: "As for the manner of the conversation-if he went beyond diplomatic politeness-well, he did not". "I don't think they want to heal yet, I'll be honest, ' Trump said, referring to the Democrats".

isis-killer-beheading-video-story-top Major League Baseball says the Astros were definitely not cheating
Oct 18, 2018 - 07:57
It's still fishy and the league told the Astros not to do that anymore and report it to the proper authorities. Chris Sale will not start Game 5 of the American League Championship Series against the Astros on Thursday.

isis-killer-beheading-video-story-top SoftBank's market value dives on tech rout, Saudi ties
Oct 18, 2018 - 06:32
Stocks have dropped as much as 9% since Khashoggi disappeared on October 2 after walking into the Saudi consulate in Istanbul. Mohammed bin Salman has carefully nurtured a public image of himself as a, distancing himself from Saudi leaders of the past.

isis-killer-beheading-video-story-top Mega Millions Jackpot Climbs To $868M, 2nd Largest In US History
Oct 18, 2018 - 06:29
Those who opt for the annuity will get an immediate payment and then 29 annual payments, each 5 percent larger than the last. The chance of matching all six numbers and taking home the grand prize is one in 302.5 million.

isis-killer-beheading-video-story-top Jamal Khashoggi disappearance: USA asks Turkey for recording evidence
Oct 18, 2018 - 06:21
Secretary of State Mike Pompeo, dispatched by Trump to the region, said the U.S. takes Khashoggi's disappearance seriously. A New York Times report, citing witnesses and other records, linked four suspects to Prince Mohammed's security detail.

isis-killer-beheading-video-story-top Bregman trolls Eovaldi, Hinch says "back it up" in ALCS
Oct 16, 2018 - 21:00
He was hospitalized Sunday night for observation and didn't travel with the team to Houston . "This is about the Boston Red Sox ". It'd be surprising to see Sale used in Game 3 either way, but he'd still be in line to start Thursday's Game 5 on regular rest.

isis-killer-beheading-video-story-top Doing it his way: Warren emulates Trump as she taunts him
Oct 16, 2018 - 20:49
When running for her position in the senate during 2013, she was accused by opposition candidate Scott Brown of fabricating her claims to get ahead in her career.

isis-killer-beheading-video-story-top Huawei Mate 20 X takes Pro out a new gaming door
Oct 16, 2018 - 19:38
The smartphone flaunts a huge 7.2-inch AMOLED display with support for HDR10 for a more immersive visual experience. The device actually has a larger display and battery than the Nintendo Switch as well as a higher pixel resolution.

isis-killer-beheading-video-story-top How Will Cardinal Donald Wuerl's Resignation Affect His Pittsburgh Flock?
Oct 15, 2018 - 06:33
For his part, Bishop Wuerl was sent back to his native Pittsburgh, where he was installed as the diocesan bishop in March 1988. Wuerl apologized for the damage inflicted on the victims but also defended his efforts to combat clergy sex abuse.

isis-killer-beheading-video-story-top Xbox One October 2018 Dashboard Update Has Rolled Out With New Avatars
Oct 15, 2018 - 06:28
For Windows 10 users, a new Xbox Avatar Editor is also available to download from the Microsoft Store for Avatar tweaks on the go. They will appear all across Xbox One , including on your profile, as well as the profile pages of anyone who has made an avatars.