Mega Millions jackpot hits $454M - WALB.com, South Georgia News, Weather, Sports

Mega Millions jackpot hits $454M

(GA Lottery graphic) (GA Lottery graphic)

ATLANTA – As a result of brisk sales, the Mega Millions jackpot amount was raised to an annuitized $454 million for Tuesday’s drawing, Georgia Lottery officials have announced.

Two winning tickets worth $5,000 were sold in Palmetto and Manchester from Friday’s drawing, and another winning ticket worth $10,000 was sold in Rome.

Mega Millions has had 34 jackpot amounts and 33 rollovers since the starting jackpot March 11.

Mega Millions offers two jackpot payment options: the $454 million annuity prize paid out as one immediate payment followed by 29 annual graduated payments; or the cash option, which is approximately $319 million.

It only takes $1 to play Mega Millions for a chance to win big. Players can multiply prizes with the Megaplier option for an additional $1 per play.

As with all other Georgia Lottery games, proceeds from Mega Millions will benefit education in the state of Georgia.

Since its first year, the Georgia Lottery Corp. has returned more than $17.4 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

MEGA MILLIONS FAST FACTS

Annuity Amount: Jackpot prize paid out as one immediate payment followed by 29 annual graduated payments

Cash Option Amount: Approximately $319 million

Cost to Play: $1 per play; additional $1 per play for Megaplier

Drawings: 11 p.m. (ET) every Tuesday and Friday

Overall Odds of Winning Any Prize: Approximately 1:40

Odds of Winning Jackpot Prize: Approximately 1:175 million

Date Jackpot Began Rolling: March 11, 2016

Number of Jackpot Amounts: 34

Number of Rolls: 33

Last Winning Jackpot Ticket: March 8, 2016 – $157 million (Washington)

#1 Mega Millions Jackpot: March 30, 2012 – $656 million

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