What is the current value of the Mega Millions Jackpot in New York?”
NEW YORK (CNNMoney.com) — Undeterred by the miniscule odds, people were lining up Friday for a chance to score the estimated $333 million Mega Millions jackpot. The odds really are microscopic. You have a one in 175,711,536 chance of winning. That’s a 0.0000006% chance. Still, since tickets are just $1, and the jackpot payout is double the odds of winning, if a person bought all 176 million combinations, he or she would be guaranteed to win at least $157 million. So playing the Mega Millions on Friday could make sense … if you could afford to spend $176 million on tickets. Bear in mind, that only works if there is a single winner who doesn’t take a lump sum payout. The 12-state lottery anticipates hundreds of millions tickets to be purchased before the 11 p.m. ET drawing Friday night for what will be at least the third-largest U.S. lottery jackpot of all time. The New York Mega Millions branch said it expects ticket sales to eclipse $1 million per hour starting with the noon hour on
One lucky New Yorker just became $166.5 million richer. The numbers for the Mega Millions $333 million jackpot were drawn Friday night, and two winning tickets had been purchased — one in the Bronx and the other in San Gabriel, Calif., according to lottery officials. The face value of each ticket is an estimated $166.5 million, marking the largest payout for any winner in New York state. The winning numbers are 1-17-31-37-54, and the Mega Ball is 31. Officials said the winning ticket from the Bronx was purchased at Fordham Convenience and Grocery Store on 38 West Fordham Road. The California ticket was purchased at Kim Ky Noodle House on 1108 South San Gabriel Blvd. The jackpot began at $12 million in July and ballooned to $333 million after 14 draws with no one hitting all six numbers. Officials raised the jackpot from $325 million last week, the second-largest jackpot in Mega Millions history, after a spike in ticket sales. The largest was a 2007 drawing for $390 million — the riches
