FOX Business’ Madison Alworth explains how the Federal Reserve influences the Mega Millions jackpot in Cavuto: Coast to Coast.
The Mega Millions jackpot swelled to an estimated $480 million on Saturday after no ticket matched all six numbers in Friday’s drawing.
The cash option is now $240.7 million.
The next drawing will take place on Tuesday 11th July.
The winning numbers for Friday night’s drawing were 8, 10, 17, 55, 66 and the Mega Ball was 3. The Megaplier was 3X.
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Mega Millions lottery tickets are pictured on a counter at a Manhattan ticketing store on January 10, 2023 in New York City. (Portal/Mike Segar / Portal Photos)
There was also no grand prize winner in Wednesday’s Powerball drawing as a winning ticket did not match all six numbers, causing the jackpot to roll over.
According to Mega Millions, Friday’s estimated $450 million jackpot would be worth $225.6 million in cash if used as a lump sum.
A cashier at a store presents a Mega Million lottery ticket to a person gambling on December 23, 2022 in Burlingame, California, USA. (Tayfun Coskun/Anadolu Agency via Getty Images) / Getty Images)
The probability of hitting the grand prize jackpot is 1 in 292.2 million.
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Here is the list of Mega Millions jackpot wins in 2023, according to megamillions.com:
- $1.35 billion – January 13; Maine.
- $20 million – January 17; New York.
- $31 million – January 24; Massachusetts.
- $31 million – January 31; Massachusetts.
- $483 million – April 14; New York.
- $20 million – April 18; New York.
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Powerball tickets are $2 per game. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the US Virgin Islands. The deadline for purchasing tickets is 9:45 p.m. on draw evenings.