Mega Millions Jackpot Climbs to $300 Million: When Is Next Drawing?

by Madison Miller

We finally got to the end of the massive Powerball jackpot earlier this week, but now, there’s a new massive lottery jackpot waiting to make one bank account very happy.

The Mega Millions jackpot had another drawing on Friday night. The estimated worth of the lottery at the time was $278 million, but no one claimed the massive prize.

Mega Millions Left Unclaimed

According to the Mega Millions website, the winning numbers were 7, 29, 43, 56, 57, and 6. Although no one walked away with the massive jackpot, two people did walk away with $1 million prizes. One person is from Maine and happened to get the Megaplier, which gave them an estimated payout of $3 million.

Although it’s a bit of a bummer no one got the jackpot, now everyone can try their luck at an even bigger lump sum of money. The next drawing is on January 11 and the estimated jackpot is set at $300 million or a cash option of $206.7 million.

Whenever someone wins these Mega Millions, it will be the first winner of 2022. There has not been a jackpot winner for 23 consecutive drawings.

For reference, the largest Mega Millions jackpot ever was $1.537 billion, according to USA Today. One ticket holder earned this massive payout in October 2018. Meanwhile, the highest Powerball ticket ever was $1.586 billion. This was split amongst three different people and was from January 2016.

If the jackpot is left untouched for a long enough period of time, we could reach record-breaking lottery numbers. Are the odds in your favor to win this time around?

The odds of winning the Mega Million jackpot is about 1 in 302,575,350. Your odds of getting bit by a shark, on the other hand, are more likely than that. You have a 1 in 5 million shot of that happening.

Your chance of winning a prize with the Mega Millions ticket, however, is only 1 in 24.

Winners of the Recent Powerball Drawing

On Wednesday, January 5, there were two winning tickets that came forward to claim the $632.6 million Powerball jackpot.

The two tickets matched the numbers 6, 14, 25, 33, 46, and the Powerball number of 17. The tickets were sold in California and Wisconsin.

So, how much will each person walk away with since that massive payday is getting split in two instead? The winners have two different options. They can take an annuitized $316.3 million or get a total of $225.1 million cash, both of which are pre-tax deductions.

Although it’s getting split in two, it’s still quite a massive amount of money. In fact, this Powerball was the seventh-largest in Powerball history.