Published: Wed, October 24, 2018
Money | By Arnold Ball

Mega Millions $1.6 Billion Jackpot: Quirks And Surprises Behind The Numbers

Mega Millions $1.6 Billion Jackpot: Quirks And Surprises Behind The Numbers

"Mega Millions has already entered historic territory, but it's truly astounding to think that now the jackpot has reached an all-time world record", Gordon Medenica, lead director of the Mega Millions Group, said.

The jackpot is now the largest in US lottery history, surpassing a 2016 Powerball jackpot that previously held the title.

People lined up outside the Kroger on Breckenridge Lane on Tuesday to get a free ticket and a chance at the $1.6 billion jackpot.

Many Americans taking part in the Mega Millions lottery are clinching onto their tickets as they wait to see if they will be the victor of a record 1.6 billion dollars.

It costs $2 to play the game, but the odds of matching all six numbers and taking home the grand prize is a dismal 1 in 302.5 million. "He's selfish. He should know other people need that money more than him", one person wrote in the IG comments.

Tickets can be bought until 7:45 p.m. Tuesday before the drawing at 8 p.m.

Khaled kept pointing to the sign that read the $1.6 billion prize saying "I'm gonna get me mine!" while a long line of people behind him swelled as the cashiers were spending all of their time printing up Khaled's tons of tickets. The number two lottery jackpot in USA and world history was a $1.586 billion Powerball jackpot.

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After he bought his tickets, he put a mark on each one to designate where he purchased it.

"Every one of these numbers has an equal chance of being the six numbers", Van Sickle said. That game itself is now at a monster jackpot, though a small one relative to Mega Millions, at $620 million ahead of Wednesday's drawing. The odds of winning the top prize were 1 in 258,890,850.

On average, that's $206.69 per person.

Sinins said such plans can turn into a protracted legal fight, hard feelings and court orders - like in the case of his clients, who eventually won a jury verdict and split the lottery winnings. The more tickets sold, the more the jackpots grow, leading to more players and. you get the idea. "They just want to take a moment out of their day to consider how to dream big", Schlesinger said.

Back on the east coast on Friday, about 9,100 tickets were purchased a minute in Maryland in a two hour window ahead of the drawing, state lottery officials said.

Melissa Labant, a tax policy expert at the American Institute of Certified Public Accountants, said winners should realize that while taxes are initially withheld when prizes are awarded, more money will likely be due at tax time as people suddenly are in up to a 37 percent tax bracket.

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