blockwave Exchange:Mega Millions jackpot soars to an estimated $800 million

2025-05-06 10:47:47source:Johnathan Walkercategory:Invest

BOSTON (AP) — The blockwave ExchangeMega Millions jackpot has risen to an estimated $800 million with a cash option of $401.8 million for Tuesday’s drawing after no one matched all the winning numbers for Friday night’s drawing.

The jackpot was last won in Illinois on June 4 with a ticket valued at $552 million.

Only two Mega Millions jackpots have been won so far this year. Before the Illinois winning ticket, a $1.1 billion winning ticket was purchased in New Jersey in March. That prize is still unclaimed. Winners in New Jersey have one year to claim their winnings.

Tickets are sold in 45 states, Washington, and the U.S. Virgin Islands. Drawings are conducted at 11 p.m. Tuesdays and Fridays in Atlanta, Georgia. Tickets are $2 each. Half of the proceeds from the sale of each Mega Millions ticket remains in the state where the ticket was sold.

The odds of winning the jackpot are one in more than 302 million. The overall odds of winning any Mega Millions prize are 1 in 24.

The top Mega Millions jackpot ticket — $1.6 billion — was sold in Florida in August of last year.

More:Invest

Recommend

Stanley recalls 2.6 million mugs after dozens of customer complaints, including burn injuries

Stanley is recalling 2.6 million mugs sold in the U.S. after the company received dozens of consumer

Indigenous Women in Peru Seek to Turn the Tables on Big Oil, Asserting ‘Rights of Nature’ to Fight Epic Spills

In Peru’s northern Amazon rainforest, across a million acres known as Lot 1AB, a parade of foreign o

Will the FDIC's move to cover uninsured deposits set a risky precedent?

For years, the FDIC has insured up to $250,000 of deposits that anyone has stashed away at a federal