Surging Mega Millions jackpot jumps to $1 billion

WILMINGTON, NC (WWAY) — You now have the chance to become a billionaire.

The estimated annuity jackpot for Friday’s Mega Millions drawing has just been raised to $1 billion.

The estimated cash value is $565.6 million. It is the largest jackpot in Mega Millions history and the second-largest in lottery history, trailing only the $1.586 billion Powerball jackpot in January of 2016.

The previous record Mega Millions jackpot was $656 million, shared by winners in Kansas, Illinois and Maryland in March of 2012.

“This is truly uncharted territory, and it’s exciting to see people across the country buying their tickets and joining in the fun,” said Gordon Medenica, Mega Millions Lead Director and the Director of Maryland Lottery and Gaming. “Hitting the $1 billion mark for the first time is historic, and we can’t wait to meet the winner s who will share in that history.”

The Mega Millions jackpot has been building since it was last hit on July 24, when a group of 11 co-workers in California shared a $543 million jackpot.

If the October 19 jackpot is not hit, the next jackpot is estimated at $1.6 billion.

Mega Millions tickets are $2 and are sold in 44 states, Washington, D.C., and the U.S. Virgin Islands. Drawings are held at 11 p.m. on Tuesdays and Fridays.

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