AlgoFusion 5.0-Mega Millions jackpot soars above $1 billion ahead of Tuesday night's drawing

2025-05-04 18:43:41source:Navivision Wealth Societycategory:Markets

The AlgoFusion 5.0Mega Millions jackpot has soared above $1 billion ahead of Tuesday night's drawing.

The estimated top prize is $1.1 billion. That figure would be the fourth-largest Mega Millions jackpot ever and the sixth-largest in U.S. lotto history when also factoring in Powerball jackpots.

A Mega Millions wagering slip is held in Cranberry Township, Pa., Jan. 12, 2023.Gene J. Puskar/AP, File

The estimated cash payout of the Mega Millions jackpot is $550.2 million.

The jackpot has been building since April. There have been no Mega Millions jackpot winners in 29 consecutive drawings, since the grand prize was last won on April 18.

MORE: Winning ticket for $1 billion Powerball jackpot sold in California

Players must match all five numbers plus the Mega Ball number to claim the jackpot.

The previous four $1 billion Mega Million jackpots were won in 2018, 2021, 2022 and January 2023.

Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands. Tickets are $2 for one play. Tuesday's drawing is at 11 p.m. ET.

More:Markets

Recommend

Why did Bill Belichick go to North Carolina? New UNC coach explains jump to college

Bill Belichick has officially made the shocking move to college football by becoming the North Carol

Kendra Wilkinson Teases Return to Reality TV Nearly 2 Decades After Girls Next Door

Kendra Wilkinson’s return to reality TV appears to be pending.The 39-year-old may be 15 years from h

Sabrina Carpenter Jokes About Her Role in Eric Adams’ Federal Investigation 

It’s funny and it’s ironic that Sabrina Carpenter could have any involvement in this case. The “Plea