Mega Millions Jackpot Soars to $340 million: it’s the Tenth Largest Jackpot in the Lottery’s History

Mega Millions Jackpot Soars to $340 million: it’s the Tenth Largest Jackpot in the Lottery’s History

The Mega Millions jackpot has exceeded the $300 million threshold since no tickets matched the five numbers plus the Mega Ball on the latest July 6th  and July 10th draws. This Friday’s draw will raffle a jackpot worth $340million, which is one of the largest ever for the lottery.

19 Draws With No Jackpot Winner

Friday’s draw will be the 20th since the jackpot was last won on May 4. Since then, the Mega Millions jackpot has rolled over 19 times reaching the staggering amount of $340 million (estimated cash option $204.8 million), which is at the moment the largest first prize offered by a lottery worldwide.

The last jackpot was won in Ohio on May 4, when the ABC XYZ Trust claimed the $142 million prize. This year there were two other jackpot wins: on January 5, 20 year-old Shane Missler from Florida was the sole winner of the $450 million jackpot, while on March 30, Richard Wahl, a 47 year-old from Vernon (New Jersey), scooped the fourth largest Mega Millions jackpot ever worth $533 million.

July is one of the luckiest months for Mega Millions players. Since the lottery was launched in 2002, there were jackpot wins in July of every year except 2014 and 2017. In total the jackpot was hit 22 times in July, including the $536 million win in Indiana on July 8, 2016, that is still the third largest in the game’s history and the biggest ever single-ticket win.

Latest Mega Millions Draw Results

The winning numbers for the July 10th Mega Millions draw were 1-17-28-56-70 and Mega Ball 14. You can check the full results and payouts here.
No one successfully matched all the numbers, but two players from Illinois and New York hit the “5” to win $1 million. They didn’t select the Megaplier option in the winning ticket meaning that they missed out on tripling their prizes since the Megaplier for this draw was 3x.
Megaplier is an option which increases the value of any non-jackpot prizes by 2x, 3x, 4x, or 5x and it costs only an additional $1. A perfect example of the power of the Megaplier was seen with Gladys Salzwedel, a 68-year-old from Oakley, who matched the “5” on October 27th 2017: she also played the Megaplier option that was 5x, and so won $5 million.
Find out more on how the Megaplier works here.

In Tuesday’s draw there were 39 tickets that matched four numbers plus the Mega Ball to win the $10,000 prize. Five of those included the Megaplier, and so tripled the prize to $30,000 each. On Tuesday night there were a total of 947,131 wins. Since the last jackpot win on May 4, the winning tickets at all prize levels have been about 10.1 million, with 18 of them worth $1 million or more.

Page Last Updated: 11/07/2018 14:08:23