Mega Millions jackpot stacks up

Central Station | 18 Oct 2018

The Mega Millions jackpot in the United States had reached US$868 million (HK$6.75 billion) by early yesterday -- the second-largest in US history.

More money was flowing in after no one hit the six numbers to scoop the US$667 million jackpot in Tuesday night's draw, extending a winless

streak for the top prize that has lasted since July.

The lottery prize is the largest-ever for Mega Millions and the country's second-highest on record, trailing a US$1.58 billion Powerball jackpot paid out in 2016.

Lottery tickets are sold at US$2 each in kiosks, supermarkets and gas stations in 44 US states, the District of Columbia and the Virgin Islands.

The immediate cash value of the Mega Millions prize, which winners can opt to take, is US$494.5 million. The higher amount is an annuitized value if the prize is paid out over 29 years.

The Mega Millions jackpot has grown with each of the 24 semi-weekly drawings that failed to produce a top winner since July 24, when an 11-member office pool in Santa Clara County, California, hit a US$543 million jackpot.

The odds of hitting the jackpot by matching all six numbers correctly are one in 302.6 million.

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