Mega Millions numbers for $1B jackpot announced

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The estimated jackpot for Friday's drawing has soared to $1 billion.

Saturday's drawing followed a Mega Millions drawing Friday for a massive jackpot that neared $1 billion. The mega number is 7.

Lucas beat odds of 1 in 1.2 million, according to the lottery's website.

Don't count on making a deposit for anywhere close to $1.6 billion if you win the Tuesday night drawing.

The next drawing is Tuesday. No one has won since July 24.

"It's hard to overstate how exciting this is - but now it's really getting fun", said Gordon Medenica, lead director of the Mega Millions Group and director of Maryland Lottery and Gaming.

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The lump sum would be subject to federal, state and local taxes totaling tens of millions of dollars. Virgin Islands. An entry into the drawing costs $1. North Dakotans are on the opposite end of the spectrum, spending about $44 per year on the lottery, or the lowest average figure among residents of all 50 states.

A single victor could chose a one-time cash option of $565 million or an annuity that would be paid out over 29 years.

Even when a victor is eventually announced, it could still take a while before we find out their identity (if ever.) The time they have to claim their prize varies by the state.

The 30-year annuity will make 30 equivalent payments to winners that will add to the amount of the jackpot. If a single victor was awarded the prize and took the cash lump sum, they would end up with $565.6 million.

Tonight's Mega Millions jackpot is the largest in Mega Millions history and the second-largest in all jackpot history.

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