Friday's Mega Millions jackpot soars to $1 billion

Friday's Mega Millions jackpot soars to $1 billion

Players have been busy flocking to stores in recent days to purchase tickets as the new jackpot of $970 million is the second-largest prize in United States history.

Lottery officials raised the estimated prize Thursday, less than a day after another drawing without a victor increased the prize to $900 million.

The next drawing is Friday, where the estimated jackpot could top $1 billion.

In fact, this July when Mega Millions paid its last jackpot, it was worth more than $543 million, which is the ninth-largest jackpot in USA history.

A ticket in Lexington for last night's Powerball won the game's second prize of $1 million.

The $970 million jackpot is paid out over 29 years if you choose the annuity option, or you can claim $548.6 million cash.

The chance of winning jumped from 1 in roughly 258 million to 1 in 302 million this drawing.

Information from the Associated Press was used in this report.

Saudi oil output expected to rise next month: Falih
He said that all these factors along with Iran sanctions is pushing oil prices up. "And we have seen sanctions on Iran". USA light crude was 40 cents lower at $71.38.

The previous record for the Mega Millions jackpot was $656 million in March, 2012. Make copies of all the tickets and pass them out. It is scheduled for 10 p.m. There are smaller prizes, from $2 up to $1 million, for matching some, but not all, numbers.

Lottery officials recommend winners take a deep breath, put their winning ticket in a safe spot and consult with a reputable financial planner before popping over to the lottery headquarters.

If you haven't bought a ticket, there's still time.

Pick the less liked numbers, he suggests, that way you're more likely take home a bigger chunk of the pot.

Odlyzko does say there is a way to increase your odds of winning. "Our obsession with lotteries, with gambling, is that unicorn feeling of, like, 'maybe it'll be me, '" Schlesinger said.

People in the Chicago area Friday morning were lining up at lottery machines for a chance to become a near billionaire.

The jackpot goes to a victor who matches the five numbers and the Powerball number.

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