The much-anticipated winning numbers for the Mega Millions jackpot worth $1.22 billion were finally drawn on Friday night. Players around the country had been eagerly waiting for the results, with the jackpot being one of the largest in the lottery's history. The winning numbers, as announced, were 4, 26, 42, 50, 60, and the Mega Ball number was 24.
The Mega Millions lottery, which is played in 45 states, the District of Columbia, and the U.S. Virgin Islands, has seen its jackpot roll over several times since September 15, 2020, when it was reset to $20 million after a $120 million win. The chances of winning the jackpot are incredibly slim, with odds of 1 in 302.5 million. Before the draw, the lottery officials indicated that around 40% of all possible number combinations had been purchased, adding an element of suspense to the draw.
Lottery winners have a choice in how they want to receive the winnings. They can either opt for a lump-sum payment, which, after federal taxes, would amount to about $739.6 million, or choose to receive it in 30 graduated payments over 29 years. It is also important to note that most states require the winner to reveal their identity publicly, but a few states do allow winners to remain anonymous.
With such a colossal amount on the line, lottery participants are advised to sign their ticket immediately after purchase and keep it in a safe place until the draw. In case of a win, it is recommended to seek financial advice before claiming the prize. Also, it's important to remember that while the lottery can be fun, it is a form of gambling, and it should be played responsibly.