Mega Millions jackpot up to $450M as drawing nears

Posted January 06, 2018

"You can't win if you don't play", said Powerball ticket buyer, Tim Ray.

Both the Mega Millions and Powerball jackpots increased after no winners were drawn earlier this week.

Instead of opting for the publicised jackpot figure, which is paid out over an annuity paid over 29 years, most lottery winners choose to take a lump sum payment. Most winners opt for cash options, which would be $281 million for Mega Millions and $358.5 million for Powerball.

There was no grand prize victor in Tuesday's drawing. Both jackpots combined total more than $1 billion.

The Mega Millions jackpot has risen up to $450 million while the Powerball is now at a whopping $570 million.

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There were 167 prizes worth $1 million or more went unclaimed in fiscal 2017 alone, according to Jacobson's data.

The jackpot goes to a victor who matches the five numbers and the Powerball number, but winners also can win smaller prizes by matching some of the numbers.

Shop assistant Kaushik Chitalia said: "There are some people coming in the store and they say like 'We are buying the big dream".

You could set up all your children and grandchildren for life, but then they would never learn the value of work and probably become weirdos. The odds of winning the jackpot are 1 in 292 million.

The winning numbers selected Wednesday night were 2, 18, 37, 39 and 42, and the Powerball number was 12.

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Follow the drawing, MLive will publish an update in the morning that includes whether or not anyone won the jackpot.

My point here is that I would rather see more $15 million winners than see only two or three $400 winners each year. Since North Carolina joined the game, two N.C. players have won jackpots: one in 2010 and one in 2011.

"People are always looking for the big money", he said.

"We never have had the jackpot but we are hoping it's this time", Green said.

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