Mega Millions lottery jackpot nears $1B ahead of Friday drawing

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Mega Millions lottery jackpot nears $1B ahead of Friday drawing
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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. So you could spend a lot of money on tickets and still almost undoubtedly not hit the jackpot.

2 million to 1 in 292.2 million. Mega Millions followed two years later, stretching the odds of winning the top prize from 1 in 258.9 million to 1 in 302.6 million. The largest lottery jackpots in the U.S. have come since those changes were made., as well as Washington, D.C. and the U.S. Virgin Islands.State-run lotteries brought in roughly $95 billion in revenue in 2021, according to the . Of that, about $64 billion was paid out in prizes and another $3.4 billion was used to run the programs.

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