STATE – The Mega Millions Lottery Consortium today increased tonight’s Mega Millions Jackpot to $636 million — a jump of $50 million. And depending on sales nationwide this evening, the prize could get even bigger before the drawing.
New Jersey Lottery ticket sales were more than $3.4 million as of 1 p.m. today with the peak of the day hitting between noon and 1 p.m. with more than $843,000 of Mega Millions tickets sold. Another spike is expected during the evening drive home.
Carole Hedinger, executive director of the New Jersey Lottery said, “I want to remind people to play within their means and to play with their head and not over it. All you need is one ticket – the winning one. Please play responsibly.”
While the chance of winning a prize 1 in 14.7, the odds of winning the jackpot are 1 in 258,890,850.
Tuesday night’s jackpot will be worth at least $636 million if paid out over 30 years as an annuity. The prize winner would receive one immediate payment and 29 annual payments, each five percent larger than the previous one. If the winner selects the cash option instead, the jackpot is worth $541.2 million.
The jackpot still hasn’t matched the game’s largest prize – $656 million – that was split among ticket holders in Illinois, Kansas and Maryland last March.
Tonight’s drawing will be held at 11 p.m. and broadcast on the New Jersey Lottery’s website (NJLottery.net), and on CBS stations: WLNY 10/55 and CW Philly 57. Mega Millions tickets are sold in 45 participating jurisdictions. Drawings are held on Tuesdays and Fridays.
From the roll thus far, the Lottery will make $22.6 million in state contributions. The Lottery supports New Jersey Veterans Homes, community and other State colleges and universities, higher education scholarship programs, school nutrition programs, homes for individuals with developmental disabilities, psychiatric hospitals, and the Marie Katzenbach School for the Deaf.
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