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Mega Millions Jackpot Reaches $415 Million, Third Largest Prize Ever

Mega Millions Jackpot Reaches $415 Million, Third Largest Prize Ever
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By    |   Thursday, 30 June 2016 03:10 PM

The Mega Millions jackpot reached $415 million, its third-largest total ever, after Tuesday's drawing failed to produce a winner.

The jackpot is expected to continue growing until the next drawing on Friday, CNN Money reported. Any winner can choose to take payments over 30 years or a $286 million lump sum before taxes.

The $415 million jackpot comes in third behind a $656 million prize awarded in March 2012 and a $648 million prize awarded in December 2013.

It is the ninth-largest multi-state lottery jackpot ever, when Powerball is taken into consideration. That game reached a record $1.59 billion in January.

The Mega Millions lottery has seen large jackpots during the July 4 weekend before, the Chicago Tribune noted. In 2004, the holiday weekend brought a $294 million prize on July 2. That large win was followed by a $107 million jackpot on July 1, 2011, an $85 million jackpot on July 3, 2012, and a $79 million jackpot on July 5, 2013.

"It's crazy, when the jackpot number gets this high, we get people every minute buying the Mega Millions," Vinod Patel, who runs a newsstand in Brooklyn, told the New York Daily News.

“At night, after people get off work, there's a line to buy tickets,” he added.

The Chino Hills 7-Eleven in California also saw a steady stream of customers, KABC reported.

That location sold one of three winning Powerball tickets in January's drawing, and customers there were soon dreaming of another big win.

"I could give some back to the community and then do my own thing like a record label. Change the world and all," Matt Pardo told KABC.

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The Mega Millions jackpot reached $415 million, its third-largest total ever, after Tuesday's drawing failed to produce a winner.
mega millions, jackpot, 415 million dollars, powerball
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2016-10-30
Thursday, 30 June 2016 03:10 PM
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