Mega Millions tops $565M, 6th largest jackpot in game history

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Mega Millions tops $565M, 6th largest jackpot in game history
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The Mega Millions jackpot also comes with a $293.6 million cash option for Tuesday night's drawing.

FILE - A man holds Mega Millions lottery tickets on July 29, 2022, in New York City. has soared past an estimated $565 million ahead of Tuesday’s drawing, officials said.

If won at that level, it would be the sixth-largest prize ever offered in the game, lottery officials said. Since Mega Millions began in May 2002, there have been 11 winning jackpots of $500 million or more, including three that topped $1 billion. The next drawing is Tuesday, Dec. 27 at 11 p.m. ET. , which were 15, 21, 32, 38, and 62, plus the gold Mega Ball 8, did bring some second-prize winners.

Mega Millions drawings are held Tuesday and Friday at 11 p.m. ET. Five white balls are drawn from a set of balls numbered 1 through 70, and one gold Mega Ball is drawn from a set of balls numbered 1 through 25. Players win if the numbers on one row of a ticket match the numbers of the balls drawn on that date.

Those lucky enough to become a Mega Millions jackpot winner get the choice of a cash option or an annual payout. The annuity option means getting an initial payment followed by 29 annual payments, and each payment is 5% larger than the previous one.

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