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Mega Millions Jackpot Hits $1.58B After No Lottery Winner | Entrepreneur

by Brand Post
August 8, 2023
in Business
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Mega Millions Jackpot Hits .58B After No Lottery Winner | Entrepreneur
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The Mega Millions Jackpot just upped the ante after there was no grand prize winner for Friday night’s billion-dollar drawing.

The jackpot is now $1.58 billion after no one pulled Friday’s winning numbers — 11, 30, 45, 52 and 56, plus the gold Mega Ball 20.

If someone claims the new prize, it would be a new Mega Millions record. The largest jackpot to date was $1.537 billion won in South Carolina in 2018.

It’s been 31 drawings since the last winner, Johnnie Taylor, 71, won $476 million in April, a New York state record, per New York Lottery. Without a winner, the lottery has continued to grow.

When is the next Mega Millions drawing?

The $1.58 billion jackpot drawing is Tuesday at 11 p.m. The winner could take home a lump sum of $757.2 million cash or they can collect an annuity over 29 years according to a Mega Millions press release.

Tayfun Coskun/Anadolu Agency via Getty Images | Lottery tickets are seen at a store as Mega Millions jackpots grows $1 billion, in San Mateo, California, United States on July 31, 2023.

RELATED: Man Wins Mega Millions After Cashier Makes Mistake on Lottery Ticket

“There’s always an air of excitement around the country when Mega Millions jackpots soar,” said Georgia Lottery President and CEO Gretchen Corbin said, in another release ahead of the Friday dawing. “The growing jackpot is a source of entertainment and winnings for players while generating important dollars for the good causes supported by each lottery.”

Although no one has won the biggest prize, there were a total of 4,904,910 winning tickets across all prize tiers from the August 1 drawing.

The state of Texas had one $4 million winner. Additionally, two people won $1 million in California. Massachusetts, New York, North Carolina, and Wisconsin each had a $1 million winner.

RELATED: ‘Hard to Believe’: Mother and Son Both Win the Lottery Within Weeks of Each Other

Since April, there have been 36 million winners across all prize levels ranging from a couple of dollars to $5 million.



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Tags: 158BBusinessBusiness NewsentrepreneurHitsJackpotLivingLotteryMegaMega MillionsMillionsNews and TrendsWinnerWinners

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