Mega Millions Jackpot Climbs to $1.55 Billion

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Mega Millions Jackpot Climbs to $1.55 Billion
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Another Mega Millions drawing, another night without a jackpot winner

Because no one matched all six numbers and won the estimated $1.35 billion jackpot, the top prize increased to $1.55 billion for the next drawing Tuesday night.

There now have been 31 straight drawings without a jackpot winner. The last time someone won the Mega Millions jackpot was April 18. The $1.55 billion prize would be for a sole winner who chooses the annuity option with payment stretched over 30 years. Most winners opt for a lump-sum payment, which would be an estimated $757.2 million on Tuesday.

A big slice of those winnings would go toward federal taxes, while many states also tax lottery payouts. because of the 1 in 302.6 million odds of matching the numbers on five white balls and a separate mega ball. The odds are better to win smaller prizes, which start at $2.

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