Hobbit Business Review

Mega Millions Jackpot Hits $1.58 Billion After Another Week of No Winners

The new jackpot would exceed the current Mega Millions record of $1.537 billion.

Key Takeaways

  • If someone draws the $1.58 billion winning numbers on Tuesday, they could take home $783 million before taxes.
  • Mega Millions hasn’t had a lottery winner since April.

The Mega Millions Jackpot just upped the ante after there was no grand prize winner for Friday night’s billion-dollar drawing.

The jackpot is now $1.58 billion after no one pulled Friday’s winning numbers — 11, 30, 45, 52 and 56, plus the gold Mega Ball 20.

If someone claims the new prize, it would be a new Mega Millions record. The largest jackpot to date was $1.537 billion won in South Carolina in 2018.

It’s been 31 drawings since the last winner, Johnnie Taylor, 71, won $476 million in April, a New York state record, per New York Lottery. Without a winner, the lottery has continued to grow.

When is the next Mega Millions drawing?

The $1.58 billion jackpot drawing is Tuesday at 11 p.m. The winner could take home a lump sum of $757.2 million cash or they can collect an annuity over 29 years according to a Mega Millions press release.

Tayfun Coskun/Anadolu Agency via Getty Images | Lottery tickets are seen at a store as Mega Millions jackpots grows $1 billion, in San Mateo, California, United States on July 31, 2023.

“There’s always an air of excitement around the country when Mega Millions jackpots soar,” said Georgia Lottery President and CEO Gretchen Corbin said, in another release ahead of the Friday dawing. “The growing jackpot is a source of entertainment and winnings for players while generating important dollars for the good causes supported by each lottery.”

Although no one has won the biggest prize, there were a total of 4,904,910 winning tickets across all prize tiers from the August 1 drawing.

The state of Texas had one $4 million winner. Additionally, two people won $1 million in California. Massachusetts, New York, North Carolina, and Wisconsin each had a $1 million winner.

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