The Mega Millions lottery jackpot is approaching $1 billion ahead of Friday's drawing, driving first-time buyers and other hopefuls to stock up on tickets.
. California lottery officials haven’t announced a winner for that jackpot, the sixth-largest in U.S. history.The current Mega Millions jackpot is shaping up to be the fifth highest in Mega Millions history, with a one-time cash prize estimated at $464 million. The last winner took home $20 million in April. Since then, there have been 28 consecutive drawings without a jackpot winner.
The odds of winning the Mega Millions jackpot are 1 in 302,575,350. Your odds of winning are only slightly improved by buying more than one ticket. And the odds are so long that it’s certainly not worth spending money you’ll miss for more tickets, experts warn. If buying one ticket gives you a 1 in 302,575,350 of winning the jackpot, spending $10 for five tickets improves your chances to only 5 in 303 million. The same is true is you spend $100.
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