Mega Millions lottery jackpot reaches record-breaking $1.6 billion prize

Posted October 22, 2018

This is the largest jackpot in USA history, and will have a $905 million cash option.

But if you are itching to play, you could win even more on Tuesday.

The U.S. Mega Millions jackpot grew to $1.6 billion, a world record for a lottery, after the drawing on Friday, Oct. 19, produced no victor of the grand prize, officials said.

The Mega Millions game, which was created in 2002, has seen changes over the years that have reduced the chances of winning, meaning bigger and bigger jackpots. The Powerball is the third-largest in the game's history and sixth-largest in USA lotto history.

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At some point someone is going to win the lottery, aren't they?

"Mega Millions has already entered historic territory, but it's truly astounding to think that now the jackpot has reached an all-time world record", Gordon Medenica, lead director of the Mega Millions Group, said in a statement.

The next Powerball drawing is at 11 p.m. EST Wednesday.

On Saturday a ticket purchased in Knoxville won $2 million dollars by matching all five white numbers drawn just one number shy of the jackpot.

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For an additional $1 you can get a "Megaplier" ticket that will increase the amount of the smaller prizes, but not the grand prize.

The winning numbers are 16, 54, 57,62 and 69.

The Powerball jackpot now stands at $620 million after no one matched all six numbers in Saturday night's $470 million drawing.

The odds of winning the Mega Millions jackpot are one in 302,575,350, but the odds of winning any of the lesser prizes are one in 24.

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