The jackpot for Tuesday night's Mega Millions drawing increased to an estimated $1.58 billion, lottery officials announced.
There was no immediate word on whether any winning tickets had been sold.
A single winning ticket for Tuesday's jackpot would have the choice of taking an estimated lump sum payment of $783.3 million before taxes, or going with the annuity option. The annuity consists of an immediate payment followed by 29 annual payments, which increase in value, that eventually equal the full jackpot minus taxes.The odds of winning the jackpot are about 1 in 302.58 million.
The jackpot has been growing since it was last won in New York in mid-April. Since then, 31 drawings have been held without anyone matching all six numbers. The Mega Millions jackpot is the second billion-dollar windfall up for grabs this summer. Last month, a Powerball player bought a winning ticket in Los Angeles for that game'sIn February, a winning ticket sold at a gas station near Los Angeles claimed a $2.04 billion Powerball jackpot,Mega Millions tickets, which are $2 each, are sold in all states except Alabama, Utah, Alaska, Hawaii and Nevada. They're also sold in Washington, D.C., and the U.S. Virgin Islands.
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