NATIONAL NEWS

Mega Millions jackpot now $790M, nation’s 4th largest prize

Jul 23, 2022, 5:19 PM

Mega Millions lottery tickets are sold at a 7-Eleven store in the Loop on January 22, 2021 in Chica...

Mega Millions lottery tickets are sold at a 7-Eleven store in the Loop on January 22, 2021 in Chicago, Illinois. The jackpot in the drawing has climbed to $970 million, the third highest in the game's history. (Photo Illustration by Scott Olson/Getty Images)

(Photo Illustration by Scott Olson/Getty Images)

DES MOINES, Iowa (AP) — Lottery officials on Friday raised the Mega Millions grand prize to $790 million, giving players a shot at what would be the nation’s fourth largest jackpot.

The next drawing is on Tuesday. The jackpot has grown so large because there hasn’t been a winner in three months. Those 27 consecutive drawings without anyone matching all six numbers has allowed the jackpot to gradually grow from its $20 million starting point in April.

The highlighted pre-tax $790 million prize is for a winner who takes an annuity option, paid out in 30 annual payments. Most players choose the cash option, which for Friday’s drawing would be $464.4 million.

Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. The game is overseen by state lottery officials.

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Mega Millions jackpot now $790M, nation’s 4th largest prize