US Lottery Player Scoops Record-Breaking $1.3 Billion Jackpot

A U.S. lottery player has won a Mega Millions jackpot worth more than $1.3 billion as announced on July 30th by lottery officials, noting that the lucky player scooped one of the largest sums ever.

According to the official Mega Millions website, an unnamed single ticket holder in the Midwestern state of Illinois had all six winning numbers and won a jackpot of an estimated $1.337 billion.

Pat McDonald, lead director of the Mega Millions Consortium, wrote on the organization’s website: “We are happy to have witnessed one of the largest prize winners in Mega Millions history. The winner will be congratulated shortly, and we can’t wait to find out who won.”

US Lottery jackpot grand prize witnessed an increase recently

According to U.S. government statistics, there is a one in 303 million chance of winning the Mega Millions jackpot, which is far larger than the one in a million risk of being hit by lightning.

Over the previous three months, the grand prize had steadily been increasing, feeding the hopes of potential winners all over the nation, as the award went unclaimed in the twenty-nine previous lotteries.

Even though the record-breaking figure was shared among three winners, Friday’s total is less than the $1.586 billion world record set by the other American national lottery, the Powerball, in January 2016.

In an October 2018 Mega Millions drawing, a single person won the second-highest jackpot ever, totaling $1.5 billion.

The entire amount a winner would be entitled to under a thirty-year annuity term is represented by the $1.337 billion number for Friday’s drawing.

According to Mega Millions, the total sum would drop to $780.5 million if the lucky winner chose to accept the rewards as a single cash payment.

Then taxes would eat off a large portion, but the winner would still receive an improbably sizable prize.