SACRAMENTO – Californians are eligible for the largest jackpot in the United States right now – the MEGA Millions jackpot has rolled to $250 million!
A single jackpot winner would receive payments of $9.6 million for the next 26 years. Another way to look at it would be:
$801,282.05 per month
$184,911.24 per week
$26,343.52 per day
$3292.94 per hour (for an 8 hour workday)
(All figures are pre-tax and calculated on the annuitized payments.)
Those who choose the cash option would receive a one time cash payment of $146.2 million (before taxes).
Players may purchase tickets for the current MEGA Millions jackpot until 7:45 p.m. on Tuesday night. Tickets for all Lottery games are available at the Lottery’s over 19,000 retail locations statewide.
As the jackpots rise, the California Lottery would like to remind players that gambling should be fun. If you think that you or someone you care about might have a gambling problem, call the California Problem Gambling Help Line at 1-800-GAMBLER.
The California State Lottery contributes at least 34 cents of every dollar that players spend on Lottery products to public education and returns more than 50 percent of sales to players in the form of prizes. Since its inception in 1985, the Lottery has contributed more than $19 billion to California schools out of total sales of more than $52 billion. Retailers win too, earning $3.3 billion in compensation since 1985.