The U.S. Mega Millions lottery, after an 11-week spell without a winner, has amassed its third-largest jackpot ever, $548 million, which will be up for grabs in Friday night’s drawing, Reuters reports.
The prize money is drawn from ticket sales in 44 U.S. states, the District of Columbia and the Virgin Islands. The immediate cash value of the prize, which winners can opt to take, is $309 million. The higher amount is the value if the prize is paid out over 29 years.
Since an 11-member office pool in Santa Clara County, California, hit a $543 million jackpot on July 24, there have been no winners over 22 drawings. With the odds of hitting the jackpot at one in 302.6 million, it is no wonder.