Mega Millions prize of $785 million is the 6th largest in US history

DES MOINES, Iowa (AP) — An estimated $785 million Mega Millions jackpot set for Tuesday night will give lottery players a chance to start the new year off with a lucrative bang.

The jackpot is the sixth largest jackpot in US history and has grown so big because no one has matched all six numbers in the game for over two months. There have been 22 consecutive draws without a big winner, allowing the prize to roll and get bigger and bigger.

The jackpot winning drought comes as no surprise given the miserable odds of one in 302.6 million winning the top prize.

The $785 million jackpot is for a winner who chooses to be paid through an annuity over 29 years. Almost all of the winners opt for a cash payout, which for Tuesday night’s draw would be estimated at $395 million.

The jackpot is the biggest since someone in California won a record $2.04 billion Powerball prize on November 8. There has still been no winner announced for this jackpot.

The Associated Press

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