Record $1.6 Billion Mega Millions Jackpot Up For Grabs Tonight

An updated paper sign is displayed the counter of a 7 Eleven store shows that the Mega Millions estimated jackpot has soared to $1 billion as the second-largest prize in U.S. lottery history gets even bigger Friday Oct. 19 2018 in Chicago. (AP

An updated paper sign is displayed the counter of a 7 Eleven store shows that the Mega Millions estimated jackpot has soared to $1 billion as the second-largest prize in U.S. lottery history gets even bigger Friday Oct. 19 2018 in Chicago. (AP

No residents in Arizona became overnight billionaires this weekend, but at least one lucky person will be able to cash in their Powerball ticket for a cool $1 million. However, only seven states let you buy individual Mega Millions tickets online.

The financial website The Motley Fool says the chance of someone winning the Mega Millions jackpot is 1 in 302,575,350. But the sales are high, especially following a change Mega Millions made in October 2017.

So, what are your chances of winning the $1.6-billion jackpot this time? The largest single prize went to a 2017 player from MA who celebrated a $758.7 million Powerball payday. Almost every victor opts for cash, which is the amount of money the lottery folks actually have in the bank ready to pay out to the company that would fund the annuity.

My advice to all of you prospective lottery winners remains the same as it was in 2016: If you win, decline the up-front cash and take the annuity.

The jackpot offered to a victor of Mega Millions, one of two major lottery games played across the U.S., was $40m in July.

Mega Millions tickets cost $2 each and are sold by retailers in 44 states, plus Washington, D.C., and the U.S. Virgin Islands.

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You can buy $2 tickets at mini-marts, gas stations or other stores.

I have another reason for President Trump to be mad at the Federal Reserve: Its recent actions have pushed down the value of tomorrow's big Mega Millions jackpot.

The $1.6 billion Mega Millions drawing is at 10 p.m. "I'd be more surprised if it doesn't get hit". Payment speed also varies by state, but a week or two is common.

Most lottery winners' lives end in disaster - even death - as they are overcome by misfortune, not to speak of friends and relatives who come out of the woodwork, along with conmen and tricksters.

Jackpot winners can remain anonymous in eight states - Delaware, Georgia, Kansas, Maryland, North Dakota, Ohio, South Carolina and Texas.

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