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January 8, 2021
REVISED (as of 12:30 pm on 1/8/21)
● The estimated annuity jackpot for the Friday, January 8 drawing is now $520 million. If won, it would be the 8th-largest jackpot in the game’s history. The estimated cash value is $383.4 million.
● Dueling Jackpots:
The January 9 Powerball jackpot is an estimated $470 million ($362.7 million cash). At $990 million, this is the highest combined jackpot total for Mega Millions and Powerball since October 2018, when the Mega Millions jackpot reached its all-time record of $1.537 billion. This is the third time that both games have simultaneously had jackpots larger than $400 million.
● The last Mega Millions drawing on January 5 produced 1,927,049 winning tickets, including:
○ 4 second-tier winners of $1 million:
■ California, Minnesota, New Jersey and New York
1 of the 4 (New York) with 2X Megaplier for $2 million
○ 51 third-tier winners of at least $10,000 (8 of the 51 with 2X Megaplier)
● Last Mega Millions jackpot hit: $120 million ($95.4 million cash) on September 15 in Racine, Wisconsin.
● The January 8 drawing will be the 33rd since the last time the jackpot is hit.
○ Longest roll: On July 8, 2016, a $536 million jackpot was hit on the 35th drawing.
● In the 32 drawings since the last jackpot hit (September 18 draw through January 5 draw), there have been:
○ 27 second-tier winning tickets of at least $1 million* (4 of the 27 with the Megaplier)
○ 476 third-tier winning tickets of at least $10,000* (90 of the 476 with the Megaplier)
○ 19,244,012 total winning tickets across all nine prize tiers
* Prizes in California paid on a pari-mutuel basis and differ from fixed prize amounts
● If there is no jackpot winner in the January 8 drawing, the estimated jackpot for the Tuesday, January 12 drawing will be $600 million with an estimated cash value of $442.4 million.
National Mega Millions Fast Facts
for the Friday, Jan. 8, 2021 Drawing
● Estimated annuity and cash values are announced prior to drawing dates and are based on projected sales. Differences between the estimates and final amounts may occur because a substantial percentage of sales happen on the drawing dates. The cash value is the amount of cash in the jackpot pool. If a winner chooses the annuity, the cash value is used to buy bonds that fund the annual payments.
Mega Millions Top 10 Jackpots
1. $1.537 billion 10/23/2018 South Carolina
2. $656 million 3/30/2012 Kansas, Illinois, Maryland
3. $648 million 12/17/2013 California, Georgia
4. $543 million 7/24/2018 California
5. $536 million 7/8/2016 Indiana
6. $533 million 3/30/2018 New Jersey
7. $522 million 6/7/2019 California
8. $520 million ??? ???
9. $451 million 1/5/2018 Florida
10. $437 million 1/1/2019 New York
Top 10 U.S. Lottery Jackpots
1. $1.586 billion 1/13/2016 California, Florida, Tennessee (Powerball)
2. $1.537 billion 10/23/2018 South Carolina (Mega Millions)
3. $768.4 million 3/27/2019 Wisconsin (Powerball)
4. $758.7 million 8/23/2017 Massachusetts (Powerball)
5. $687.8 million 10/27/2018 Iowa, New York (Powerball)
6. $656 million 3/30/2012 Kansas, Illinois, Maryland (Mega Millions)
7. $648 million 12/17/2013 California, Georgia (Mega Millions)
8. $590.5 million 5/18/2013 Florida (Powerball)
9. $587.5 million 11/28/2012 Arizona, Missouri (Powerball)
10. $564.1 million 2/11/2015 N. Carolina, Puerto Rico, Texas (Powerball)
The Mega Millions jackpot was hit five times in 2020:
○ Feb. 11, 2020 $202 million Edison, New Jersey
○ June 9, 2020 $414 million Glendale, Arizona
○ July 24, 2020 $123 million Bayonne, New Jersey
○ July 31, 2020 $22 million Mira Loma, California
○ Sept. 15, 2020 $120 million Racine, Wisconsin
National Mega Millions Fast Facts
for the Friday, Jan. 8, 2021 Drawing
● The largest Mega Millions jackpot was $1.537 billion on October 23, 2018, with one winning ticket sold in South Carolina. The winner claimed anonymously. It was the second-largest jackpot in U.S. lottery history, trailing only the $1.586 billion Powerball jackpot in January of 2016.
● Click here for a list of all Mega Millions jackpots won since the game began.
● Mega Millions tickets are sold in 47 jurisdictions: 45 states; Washington, D.C., and the U.S. Virgin Islands.
● Tickets are $2; The Megaplier option is an additional $1. Prizes on all Megaplier tickets are multiplied, except for the jackpot.
● Drawings are conducted at 11 p.m. Eastern Time on Tuesdays and Fridays in Atlanta, Georgia.
● The starting jackpot for the next drawing after a jackpot-winning Mega Millions ticket is sold is currently $20 million, but can vary depending on game sales and interest rates. There is no fixed minimum jackpot roll increase, which also is dependent on game sales and interest rates.
● A jackpot winner who opts for the annuity receives one immediate payment and annual payments that increase by 5% per year for 29 years.
● The “Just the Jackpot” wager type costs $3 and gives players two Quick Pick entries for a chance to win the jackpot only. Just the Jackpot is not available in all jurisdictions.
● Overall chances of winning any prize: 1 in 24. Odds of winning the jackpot: 1 in 303 million.
● How to Play: Players select five numbers from 1 to 70 and one Mega Ball number from 1 to 25. There are nine prize tiers, ranging from $2 to the jackpot.
● Mega Millions originally launched as “The Big Game,” with its first drawing on September 6, 1996. Its name was changed to Mega Millions in 2002.
● The first Mega Millions drawing was held on May 17, 2002, and produced a $28 million jackpot winner from Illinois.
● Beneficiaries: Lottery profits support a wide variety of good causes and are allocated differently in each jurisdiction.