March 28, 2012
Mega Millions® Jackpot Jumps to $500 Million
Due to high sales, the Mega Millions® jackpot increased to a half a billion dollars for Friday night's drawing. This is the largest Mega Millions® jackpot in the history of the game and the largest jackpot ever seen in the United States. The previous record high Mega Millions jackpot was $390 million won in 2007.
If the jackpot gets hit on Friday and the winner chooses the annuity option, the $500 million jackpot would be paid over 26 years in equal installments. If the winner chooses the cash option, the lump sum payment is estimated at $359.4 million!
There have been 18 consecutive draws without a jackpot winner since the current run began on January 27, 2012.
All players should sign the back of their tickets immediately upon purchase and put them in a safe place. The tickets are the only claim to a prize.