News

Mega Millions jackpot could set lottery record

Mega Millions jackpot could set lottery record

BIG MONEY: Karen Rodriguez prints out a Mega Millions lottery ticket at the Fuel City convenience story Monday, Dec. 16 in Dallas. The Mega Millions jackpot soared to $586 million on Monday amid a frenzy of ticket purchases, a jump that pushed the prize closer to the $656 million U.S. record set last year. Photo: Associated Press//LM Otero

By Barbara Goldberg

(Reuters) – A last-minute ticket buying frenzy could make Tuesday’s Mega Millions jackpot the biggest U.S. lottery prize in history, and odds are mounting for a winner just a week before Christmas, a game official said.

The prize swelled to $586 million on Monday, with another spike in sales expected Tuesday before the 11 p.m. EST drawing, said Paula Otto, Virginia’s lottery director, who heads the multi-state Mega Millions game.

If the winner chooses to take the lump sum cash option, instead of payments over 30 years, the jackpot would be $316 million, according to Mega Millions.

As much as 70 percent of tickets are typically bought the day of the drawing, she said.

Ticket buying reached a fever pitch over the weekend, with 20 percent more chances sold than expected, Otto said.

The spending tsunami pushed the prize closer to the record U.S. jackpot of $656 million, won March 2012 in a Mega Millions drawing. The second largest lottery jackpot was $590.5 million, won May 2013 in a Powerball game.

“If it doesn’t surpass the record, we’ll be close. It’s growing a little faster than we thought,” Otto said on Monday.

The more tickets sold, the better chance someone will match one of the 259 million possible number combinations that could land a jackpot. By Tuesday’s drawing, players will have bought enough tickets to cover 65 percent to 75 percent of the possible number combinations to strike it rich, Otto said.

“You don’t know you have a winner unless it’s 100 percent covered, though,” she said.

If no one picks the exact combination of numbers that appear on six randomly selected lottery balls, the prize will keep growing until the next drawing on Friday.

“We’ve never had a jackpot this high the week before Christmas,” said Otto, who kept mum on whether she is hoping for the drama that a Christmas Eve drawing could bring.

“You like to see winners and you like to see big jackpots. I leave it in the hands of the bouncing balls,” Otto said.

(Editing by Scott Malone and Steve Orlofsky)

Recent Headlines

23 mins ago in Sports

Favre headlines Hall of Fame Class of 2016

Fresh
20-overlay-5

Strong-armed quarterback Brett Favre, an ironman at the position and a bold playmaker, headlined the eight-member Class of 2016 voted into the Pro Football Hall of Fame on Saturday.

9 hours ago in Sports

The first jobs of some Super Bowl greats

williemcginst

From a janitor to a corn husker, these NFL greats started out small before making it to the big leagues.

1 day ago in Local

Cornell president: “Deeply disturbed” by sexual assault allegations at frat

Garrett1

President Elizabeth Garrett issued statement Saturday following arrest this week of president of frat at school; said "sexual violence has no place at Cornell"

1 day ago in Local

Radioactive material found in groundwater below New York nuclear plant

cuomo

Governor Andrew Cuomo says contaminated groundwater was discovered below Indian Point Nuclear Plant outside New York City; he says there is no immediate public health risk

1 day ago in Entertainment, Sports

You can stream the Super Bowl

superbowl50helmets

This year, CBS will broadcast the game on TV and stream it live on cbssports.com. The network will play the same commercials on TV and on the live stream.