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Mega Millions climbs to $1.25B, among largest jackpots in US history

The chance of winning the jackpot is 1 in 302.6 million. The odds of winning smaller lottery prizes, ranging from $2 to $1 million, are much better.
 
A cashier prints out a Mega Millions lottery ticket at a 7- Eleven convenience store in Chino Hills, Calif., on July 28, 2022. The Mega Millions jackpot has soared to an estimated $1.25 billion after no one claimed the top lottery prize Tuesday night. The next drawing is Friday.
A cashier prints out a Mega Millions lottery ticket at a 7- Eleven convenience store in Chino Hills, Calif., on July 28, 2022. The Mega Millions jackpot has soared to an estimated $1.25 billion after no one claimed the top lottery prize Tuesday night. The next drawing is Friday. [ RINGO CHIU | GETTY IMAGES NORTH AMERICA ]
Published Aug. 2, 2023|Updated Aug. 2, 2023

The Mega Millions jackpot increased to an estimated $1.25 billion after no one beat the odds Tuesday night and won the massive lottery prize.

The winning numbers drawn were: 8, 24, 30, 45, 61 and the yellow ball: 12.

No one has won the Mega Millions jackpot since April 18, allowing it to grow larger and larger. The $1.25 billion prize for Friday’s drawing is one of the largest in U.S. history. Tuesday night’s drawing for $1.1 billion was the 30th straight without a winner.

The lottery drought is due to a combination of poor luck and terrible odds, as the chance of winning the Mega Millions jackpot is 1 in 302.6 million. The odds of winning smaller prizes, ranging from $2 to $1 million, are significantly better.

The new $1.25 billion jackpot is for a sole winner who chooses to collect through an annuity, with annual payments over 30 years. A sole winner who opts for a lump sum payment would receive an estimated $625.3 million.

Winners also would be subject to federal taxes, and many states also tax lottery winnings.

Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands.