With no-one winning last night Tuesday 16th's draw, the Mega Millions Jackpot is now $868 million. Yes, that's right there are $868million dollars up for grabs or a cash sum of $494million. To show that number in digits $868 million dollars is 868000000. That's a lot of zeros and a whole lotta cash.

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In case anyone missed Tuesday's numbers, the numbers drawn were 3-45-49-61-70 with a Mega ball of 9.

What are the people at Mega Millions HQ saying?

As you can imagine, this is a big week for Mega Millions. With large jackpots and no winners, the media was going wild. Before Tuesday's draw Gordon Medenica of Mega Millions said:

Everyone is talking about the jackpot and running out to buy tickets for tonight's drawing.

With no winner for Tuesday's jackpot, tensions will be running high for Friday's draw.

Why is the Mega Millions Jackpot so big?

Like with many lotteries, when there is no winner the jackpot rolls over. Repeat rollovers mean mega cash which is what's happened with Mega Millions. No jackpot has been won since July 24th. July's jackpot was won by a group of office workers in California. Since then, no Mega Millions jackpot has been won. Which is why the Mega Millions Jackpot is now a huge $868 million. 

Tuesday's $654 million dollar jackpot was the second largest in Mega Millions history. So far, the largest jackpot for the Sack of Moneylottery has been $656 million back in 2012. Making the $868 million jackpot a record amount. For the lucky winner, the cash prize will be around $494 million. Not a bad sum of money. In fact, $494 million dollars is enough to buy at least one private island. (The average price of a private island stands at around $12 million)

What are the odds of winning the Mega Millions Jackpot?

Sadly, not very high. Any lotto hopefuls dreaming about taking home the jackpot may want to check out the odds. As it stands the odds of winning are 1 in 258.9 million. These odds are based on picking the lucky numbers on 5 white balls and 1 yellow. Odds for winning the Powerball lottery are 1 in 292 million, making Me

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ga Millions a slightly better option.

Mega Millions Mythbuster:

Myth 1:  The odds of winning Mega Millions are better when fewer people buy tickets

Yes, this is, in fact, a myth. No matter what lottery you play the odds are not based on the number of people who are playing. According to lottery officials, the odds of winning are based on the possible number of combinations. There you have it, so no need to worry if everyone's got a ticket. Players only need to worry about picking the right numbers.

Myth 2: The odds of being struck by lightning are higher than winning the lottery

We wish this one was true, but it's a myth. It is one of the oldest lottery myths around. In 1997 Iowa Lottery Commissioner Ed Stanek busted this myth. Today, the odds of being hit by lightning is 1 in 700,000. The chance of winning the Mega Millions is 1 in 258.9 million. Best avoid those tropical storms as you might be that unlucky 1 in 700,000.

Myth 3: The Lucky Shop

Sorry folks, but lucky shops do not exist. When a shop is revealed to have sold a winning ticket it is often said to be “lucky”. Which makes people want to buy their tickets from that same shop in hopes of getting some luck. Take for example Ernie's Liquor Store in San Jose, California. In 2012, Ernie's sold the winning $656 million Mega Millions ticket. For months after Ernie's reported increased sales of Mega Million's tickets. Since 2012, Ernie's Liquor Store has not sold a winning ticket.

 

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