A big one Mega Millions jackpot On Tuesday evening, a winner can expect prize money of 489 million US dollars. The drawing is scheduled for 10:00 p.m. CT. The cash option for the price is $229.3 million.
The jackpot has risen steadily since a Texas ticket won $800 million in September. This was the seventh largest Mega millions Price at all.
Tuesday’s potential jackpot is nearly among the 10 largest in Mega Millions history. It needs to reach an estimated $553 million to surpass the $552 million jackpot won in Illinois in June. The largest Mega Millions jackpot was $1.602 billion and was won in Florida in August.
For tax reasons, the actual winnings will be lower than the advertised jackpot. USA Mega estimates the annuity price could be between $256 million and $309 million. The cash prize range is estimated at $134.2 million to $144.5 million.
Experts advise jackpot winners to put together a team quickly, even if they share the prize. This team should include a lawyer, a tax advisor and a financial advisor. They also suggest: “Protect your ticket and keep your victory secret for as long as possible.” Maintaining anonymity is only possible in a few states.
Mega Millions tickets are $2. They are sold in 45 states, Washington DC and the U.S. Virgin Islands. Drawings take place on Tuesdays and Fridays at 10:00 p.m. CT. The chances of winning Mega Millions are 1 in 24. Changes to the game are planned for spring 2025.