Mega Millions jackpot rolls over, approaches $500 million

Credit: DaytonDailyNews

No one won the Mega Millions jackpot Friday night, which means the prize for Tuesday’s drawing will approach half a billion dollars.

>> Read more trending news

The preliminary jackpot of $475 million on Tuesday will be the seventh largest jackpot in Mega Millions history, lottery officials said in a statement early Saturday. Officials said the cash payout would be $307 million.

The jackpot rolled over when nobody matched the six numbers drawn -- 7, 8, 26, 65 and 67, and the gold Mega Ball 4.

The Mega Millions jackpot is now estimated to be at $475 million, lottery officials said.

Credit: Drew Angerer/Getty Images

icon to expand image

Credit: Drew Angerer/Getty Images

The Mega Millions annuity is paid out as one immediate payment, followed by 29 annual payments, according to the Mega Millions website. Each payment is 5% bigger than the previous year's.

Lottery officials said two tickets matched five white balls to win $1 million piece. The winning tickets were sold in New Jersey and New York.

The last Mega Millions jackpot was won March 12 in Missouri and was worth $50 million, lottery officials said.

Other Mega Millions jackpots won this year were $437 million on Jan. 1 and $273 million on March 1, according to lottery officials.

About the Author