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Betting.net / News / Mega Millions jackpot reaches $1.55 billion

Mega Millions jackpot reaches $1.55 billion

Publish Date: August 6, 2023
Fact checked by: Jesse M Cox
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The upcoming Mega Millions drawing on Tuesday offers the chance to claim the game’s largest-ever winnings, with the estimated jackpot soaring to an unprecedented $1.55 billion. A Mega Millions press release revealed the staggering figure and a tempting $757.2 million cash alternative for the fortunate winner.

A 2018 winner in South Carolina claimed the previous record of $1.537 billion. The Mega Millions company proudly asserts its distinction as the sole lottery game to bestow four jackpots exceeding $1 billion. In contrast, Powerball has celebrated three victories exceeding $1 billion, with one surging past $2 billion.

“With enthusiastic players across the country, many of whom are newcomers to the game, it is indeed likely that there will be a record Mega Millions jackpot,” the press release said. “However, we won’t know for sure until we get closer to Tuesday’s drawing; at this level, jackpots are hard to predict with complete accuracy.”

The game holds its drawings at 11 p.m. ET on Tuesdays and Fridays in Atlanta.

Excitement rises

The buzz around Mega Millions intensified weeks after a $1.08 billion Powerball jackpot was claimed. The prize pool grew continuously over 38 consecutive draws without a jackpot winner.

“There’s always an air of excitement around the country when Mega Millions jackpots soar,” Georgia Lottery President and CEO Gretchen Corbin said. “The growing jackpot is a source of entertainment and winnings for players while generating important dollars for the good causes supported by each lottery. We are grateful for our players, appreciate our hardworking retailers, and remind everyone to play responsibly.”

Players must match all five numbers and the Mega Ball number to secure the jackpot. The chances of hitting the jackpot stand at 1 in 302,575,350.

The preceding four Mega Millions jackpots exceeding $1 billion were claimed in 2018, 2021, 2022 and January 2023.

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