Winning ticket for $1.22 billion lottery jackpot sold in California, Mega Millions says

Winning ticket for $1.22 billion lottery jackpot sold in California, Mega Millions says

AP
Published28 Dec 2024, 12:14 PM IST
Winning ticket for $1.22 billion lottery jackpot sold in California, Mega Millions says
Winning ticket for $1.22 billion lottery jackpot sold in California, Mega Millions says

ATLANTA (AP) — At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize in the lottery, a ticket worth an estimated $1.22 billion was sold in California for the drawing Friday night, according to the Mega Millions website.

The winning ticket matched the white balls 3, 7, 37, 49, 55 and the gold Mega Ball 6. The identity of the winner or winners was not immediately known.

The total amount of the Mega Millions jackpot would only be distributed to a winner who chooses an annuity paid over 29 years. Nearly all grand prize winners opt to take a cash payout, which for Friday night’s drawing is an estimated $549.7 million.

Despite the game’s long odds of 1 in 302.6 million, players continued to purchase tickets as the size of the grand prize grew. Until Friday, the last time a Mega Millions player hit the top prize was Sept. 10.

The largest-ever Mega Millions jackpot ticket worth $1.6 billion was sold in Florida in August 2023. Two prizes for its compatriot Powerball lottery have been larger.

Mega Millions and Powerball are sold in 45 states, as well as Washington, D.C., and the U.S. Virgin Islands. Powerball also is sold in Puerto Rico.

Mega Millions ticket prices are set to rise from $2 to $5 in April. The increase will be one of many changes that officials say will result in improved jackpot odds, more frequent giant prizes and even larger payouts.

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Business NewsNewsWinning ticket for $1.22 billion lottery jackpot sold in California, Mega Millions says
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First Published:28 Dec 2024, 12:14 PM IST
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