mega millions

Mega Millions rises to estimated $740 million after no big winner drawn Tuesday night

Friday's jackpot has a lump-sum cash option estimated at $366.3 million.

NBC Universal, Inc. Attorney Andrew Stoltmann has represented 12 lottery winners, many of whom lost all their winnings through bad investments, reckless spending and greedy relatives. “Unfortunately, the people who win the lottery think at that point, the journey is over. And what they don’t realize is that the journey has really just begun,” says the Chicago-based Stoltmann.

An estimated $740 million Mega Millions jackpot is up for grabs Friday night after no one won the big prize on Tuesday's drawing.

Friday's jackpot has a lump-sum cash option estimated at $366.3 million.

Here are Tuesday's winning numbers: 12, 41, 43, 52, 55, 9 and a Megaplier of 4x. Tuesday's jackpot was the seventh-highest lottery jackpot ever.

The ticket for the largest Mega Millions jackpot ever, worth $1.58 billion, was sold on Aug. 8, 2023, in Florida

Lottery jackpots grow so large because the odds of winning are so small. For Mega Millions, players have a 1 in 302.6 million chance of taking home the top prize. 

And, lottery winnings do not come without taxes. There's a mandatory 24% federal withholding for winnings above $5,000 that goes straight to the IRS; some states tax lottery winnings as well.

“The lesson didn’t really go according to plan.” Math professor Nicholas Kapoor bought a Powerball ticket to demonstrate how improbable it is to win the lottery – and then he won $100,000. Here’s what he wants you to know about playing the Powerball.
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