Mega Millions webpage.

Mega Millions webpage.

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[Asia Economy Reporter Kim Min-young] The jackpot for 'Mega Millions,' one of the two major lotteries in the United States, has grown to $940 million (approximately 1.2 trillion KRW), marking the fourth largest jackpot in history, according to the Associated Press on the 4th (local time).


Mega Millions typically holds two draws per week, and if there is no first-place winner, the prize money rolls over, increasing the jackpot.


According to the Mega Millions webpage, in the most recent 23 draws up to the previous day, there was only one draw without a winner, causing the jackpot for the next draw scheduled for the afternoon of the 6th to rise to $940 million.


This is the fourth largest amount in Mega Millions history. The record for the highest Mega Millions jackpot was $1.537 billion (approximately 2 trillion KRW), won in the draw on October 23, 2018.


The AP reported that if there is a first-place winner in the draw on the 6th, the prize money can be received either as an annuity over about 29 years totaling $940 million or as a lump sum payment of $483.5 million (approximately 614.3 billion KRW).


The Mega Millions lottery requires players to select 5 numbers from 1 to 70, and then an additional number from 1 to 25. To win first place, all 6 numbers must match. However, the odds are roughly 1 in 300 million, so there have often been cases where no winner emerged and the prize money rolled over.



The last first-place winner was on October 14 of last year. Mega Millions tickets are sold in 45 U.S. states and the U.S. Virgin Islands.


This content was produced with the assistance of AI translation services.

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