$170 MILLION: Mega Millions lottery jackpot raised

Dec 6, 2008, 8:30 am (61 comments)

Mega Millions

Lottery jackpot hunters will have a big target next Tuesday, when a $170 million jackpot is up from grabs in the multi-state Mega Millions lottery game.

The huge pot came about after no tickets won last night's $146 million jackpot drawing.  On Tuesday, players will attempt to match all five numbers plus the Mega Ball number to win the top prize.

There were 8 second-prize winners from Friday night's drawing: 2 from California, 1 from Georgia, 1 from New York, 2 from Ohio, 1 from Texas, and 1 from Washington.

Each second prize ticket matched all five lotto numbers but not the Mega Ball number to win $250,000 apiece, except for California winner, who will get $158,981.

Unlike the other eleven Mega Millions states, California has pari-mutuel payouts at every prize level, so winners are paid an amount based on ticket sales and number of winners.

Also, 56 players matched four of the five lotto numbers, plus the Mega Ball number. Those tickets are each worth $10,000, except for 6 California tickets, which are worth $14,452 each.

The winning numbers from Friday night's drawing were: 21, 27, 46, 52, and 55 . The Mega Ball number was 14.

The Texas Megaplier was 3.

Lottery Post Staff

Comments

MissNYC's avatarMissNYC

What a great time of year for a growing jackpot! It's about time! I hope I win...fingers crossed!!!!

diamondpalace's avatardiamondpalace

Exciting!

hearsetrax's avatarhearsetrax

Roll Eyes

myturn08

its a very nice sum, its coming back to GA, i got this one ;-)

Bradly_60's avatarBradly_60

IT has been a LONG time since the jackpot has been this high.  Over the summer and fall is seemed like they were won every couple weeks.  Could this be a record breaker around Christmas time?

Brad

bob27's avatarbob27

This will be last big jackpot this year,and somebody will end up with big money.

Jimhowlett

The excitement of a growing 9 digit jackpot is what brings me to play MM...I hope it keeps going til at least XMAS!!! I don't think it would reach record digits before then, or even the new year at this pace, but I always love to see it hit record digits. I think the record is $410M right now...

Jimhowlett

Quote: Originally posted by Bradly_60 on Dec 6, 2008

IT has been a LONG time since the jackpot has been this high.  Over the summer and fall is seemed like they were won every couple weeks.  Could this be a record breaker around Christmas time?

Brad

Agreed...that was my main beef. There was a pretty decent one in July and August but besides those they were won often and at low JPs.

I hope it keeps growing for a while

myturn08

Quote: Originally posted by Jimhowlett on Dec 6, 2008

Agreed...that was my main beef. There was a pretty decent one in July and August but besides those they were won often and at low JPs.

I hope it keeps growing for a while

I dont see whats the problem with someone winning every couple of weeks.  I like it that way, more chances for other people to win, who really needs 100 millions dollars or more, spread the winnings!!!!!

lottocalgal's avatarlottocalgal

Quote: Originally posted by myturn08 on Dec 6, 2008

I dont see whats the problem with someone winning every couple of weeks.  I like it that way, more chances for other people to win, who really needs 100 millions dollars or more, spread the winnings!!!!!

I agree,

I woudl rather had multiple winners every few weeks than one person winning $100 million every few months.  More dreams coming true.  I know I can live off 10 million, heck even 5 millions with my lifestyle.

bob27's avatarbob27

In today's economy even people who  never played,they will.I think jackpot will go up fast,because of

xmas and end of  year.

Bradly_60's avatarBradly_60

Quote: Originally posted by lottocalgal on Dec 6, 2008

I agree,

I woudl rather had multiple winners every few weeks than one person winning $100 million every few months.  More dreams coming true.  I know I can live off 10 million, heck even 5 millions with my lifestyle.

I look at it in a numbers sense.  I will not play until the Jackpot is at a decent amount for one reason.  Fair value of the ticket.  I really can't see buying  a ticket when the jackpot is at $20,000,000 for a chance at the jackpot.  The odds of winning are 1 in 176,000,000.  You are spending a dollar for a ticket with a fair value of about $.10.  Now the jackpot is at $170M, now the $1 investment has a fair value of almost $1.  Now is the time to play and not really when the jackpot is small. 

Brad

Guru101's avatarGuru101

Quote: Originally posted by Bradly_60 on Dec 6, 2008

I look at it in a numbers sense.  I will not play until the Jackpot is at a decent amount for one reason.  Fair value of the ticket.  I really can't see buying  a ticket when the jackpot is at $20,000,000 for a chance at the jackpot.  The odds of winning are 1 in 176,000,000.  You are spending a dollar for a ticket with a fair value of about $.10.  Now the jackpot is at $170M, now the $1 investment has a fair value of almost $1.  Now is the time to play and not really when the jackpot is small. 

Brad

Even at $20,000,000, I would say you're getting a pretty good "fair value" for your ticket. The whole point of the lottery is to give people who aren't rich that one little chance of becoming rich - all on a whim. That's why the odds are so high. Why shouldn't it be that high? I mean, if you win, most of your financial troubles can potentially be taken care of. You can retire and buy all kinds of stuff.

Piaceri

Woot!  It's coming to Michigan this time! Georgia won the last one. Since the two states have practically been alternating wins this year, that means Michigan. Thumbs Up

 

Merry Christmas Mega Millions Players! Noel

MysteryMan424's avatarMysteryMan424

I can't believe all you lottery post geniuses let the mega roll over three times. Come on people I wanna see results!

foragoodcause's avatarforagoodcause

When i win the jackpot i won't tell nobody.The funny thing is that people i know told me if i win the lotto to remenber them like is a done deal,i like that! lol

spy153's avatarspy153

Quote: Originally posted by Piaceri on Dec 6, 2008

Woot!  It's coming to Michigan this time! Georgia won the last one. Since the two states have practically been alternating wins this year, that means Michigan. Thumbs Up

 

Merry Christmas Mega Millions Players! Noel

Piaceri, the cat in your sig looks like my tiger!  Lol, they could be twins! 

 

This is going to make someone a very nice Christmas, indeed.    Christmas

MaddMike51

Quote: Originally posted by Piaceri on Dec 6, 2008

Woot!  It's coming to Michigan this time! Georgia won the last one. Since the two states have practically been alternating wins this year, that means Michigan. Thumbs Up

 

Merry Christmas Mega Millions Players! Noel

I'm hoping the next MM winning ticket was sold in Illinois.Georgia & Michigan have had more than their share of wins this year.Its time for some other states to have a shot at it.

MissNYC's avatarMissNYC

Quote: Originally posted by Jimhowlett on Dec 6, 2008

Agreed...that was my main beef. There was a pretty decent one in July and August but besides those they were won often and at low JPs.

I hope it keeps growing for a while

Finally someone who seese it my way!!!! I have nothing wrong with winning 20 million dollars, but my point is that if I want a 20 million dollar jackpot, I can play my local NY lotto and get two plays for a dollar as opposed to 1. I think that the MEGA millions should have MEGA jackpots, and I don't think it should be won every few weeks, I think it's more exciting when you have these large pots.

Jimhowlett

Quote: Originally posted by MissNYC on Dec 6, 2008

Finally someone who seese it my way!!!! I have nothing wrong with winning 20 million dollars, but my point is that if I want a 20 million dollar jackpot, I can play my local NY lotto and get two plays for a dollar as opposed to 1. I think that the MEGA millions should have MEGA jackpots, and I don't think it should be won every few weeks, I think it's more exciting when you have these large pots.

Agreed completely. If you want a smaller jackpot, play your state lotto.

Piaceri

 I Agree!

While it was good to see so many winners, ya'll are right, it is soooo much more exciting when it hits $100m and keeps rolling. 

 

Spy153 - That is Lily, my 9 month old beast. I have her full brother (they were rescues) and although he is twice her size, she kicks his butt all the time! You would never think it 'cuz she looks like a little stuffed kitten from the store. Big Smile

ThatScaryChick's avatarThatScaryChick

Quote: Originally posted by lottocalgal on Dec 6, 2008

I agree,

I woudl rather had multiple winners every few weeks than one person winning $100 million every few months.  More dreams coming true.  I know I can live off 10 million, heck even 5 millions with my lifestyle.

Yes Nod Same here. I can understand those who like big jackpots, but for me it doesn't matter. I want to win whether it is 15 million or 200 million.

MaddMike51

I'd be happy if I won a $10 million jackpot...but I'd be ten times happier if I won a $100 million jackpot!

Think's avatarThink

Quote: Originally posted by MaddMike51 on Dec 6, 2008

I'm hoping the next MM winning ticket was sold in Illinois.Georgia & Michigan have had more than their share of wins this year.Its time for some other states to have a shot at it.

Actually the last JP ticket sold in Michigan was sold to people from Georgia.  Thus while the ticket may have been sold in Michigan it really was a Georgia win.

I would agree that Georgia has more than its share of wins based on ticket sales and coincidentaly the drawings are held in Georgia...hmmmm....

DC81's avatarDC81

The story didn't say they were from Georgia, just that they had some property there. Of course then I think it was the next winner, who also won the same amount being from from Georgia. I was waiting for that story to mention that they had some land in Michigan and they were going to retire up here, but of course that'd be silly. No one wants to retire in Michigan, let alone move here.

Piaceri

I think there is some confusion here. According to USA Mega, the last MM win was the 10/21 drawing $42m, winner in GA.  Just prior to that, on 10/03 another $42m winner, this time from Mi (I think the ones that wanted to move to GA).  DC81 - you got that last part right! When I win MM (or the market improves so I can sell my house without losing my retirement savings - whichever comes first), Michigan will be in my rear view mirror....

Wins priot to that:

9/19, $15m Ohio

9/09 $24m Maryland

8/29 $132m - shows no winner, but next drawing is $12m - archived news says winner from Georgia (anyone know what happened here?) (another funny thing...."Drawing video not yet published" is stated for that drawing) 

7/22 $125 New Jersey

6/13 $56m Michigan

5/23 $17m Illinois/New York

5/16 $196m Ohio

4/01 $135m Michigan (the 60th birthday guy)

2/22 $270m Georgia

1/01 $33m Texas

wizeguy's avatarwizeguy

Quote: Originally posted by DC81 on Dec 6, 2008

The story didn't say they were from Georgia, just that they had some property there. Of course then I think it was the next winner, who also won the same amount being from from Georgia. I was waiting for that story to mention that they had some land in Michigan and they were going to retire up here, but of course that'd be silly. No one wants to retire in Michigan, let alone move here.

I have a friend in Michigan (Battle Creek) that says property is real cheap there now. You could be a major land baron if ya hit the 170 mill jackpot! Thumbs Up

KY Floyd's avatarKY Floyd

Quote: Originally posted by Jimhowlett on Dec 6, 2008

The excitement of a growing 9 digit jackpot is what brings me to play MM...I hope it keeps going til at least XMAS!!! I don't think it would reach record digits before then, or even the new year at this pace, but I always love to see it hit record digits. I think the record is $410M right now...

The current record is $390 million for the annuity, which worked out to about $233 million in cash. If it rolls until Christmas, figuring a bit conservatively I'd imagine something along these lines:
170
200
235
275
325 on 12/23
Right now the cash value is nearly 69% of the annuity value, and that's been creeping up with each new drawing. Since they only advertise the annuity value MM couldn't claim a new record, but assuming the cash value reaches an even 70% it would beat the current cash record if the annuity hits $333 million. Big jackpots right around Christmas have historically resulted in very good sales, so breaking the existing cash record seems pretty reasonable if it continues to roll. As a really rough figure, there's about a 15% chance of 4 more rolls, assuming the rolls I've listed.

If it does roll to the end of the year (12/30, anyway) it would be virtually impossible to miss a new record by a comfortable margin. I'd expect it to pass the hyped, but not yet seen, half billion mark.

lottocalgal's avatarlottocalgal

Quote: Originally posted by Piaceri on Dec 6, 2008

I think there is some confusion here. According to USA Mega, the last MM win was the 10/21 drawing $42m, winner in GA.  Just prior to that, on 10/03 another $42m winner, this time from Mi (I think the ones that wanted to move to GA).  DC81 - you got that last part right! When I win MM (or the market improves so I can sell my house without losing my retirement savings - whichever comes first), Michigan will be in my rear view mirror....

Wins priot to that:

9/19, $15m Ohio

9/09 $24m Maryland

8/29 $132m - shows no winner, but next drawing is $12m - archived news says winner from Georgia (anyone know what happened here?) (another funny thing...."Drawing video not yet published" is stated for that drawing) 

7/22 $125 New Jersey

6/13 $56m Michigan

5/23 $17m Illinois/New York

5/16 $196m Ohio

4/01 $135m Michigan (the 60th birthday guy)

2/22 $270m Georgia

1/01 $33m Texas

Notice that CA is not up there; Its been that long.  It's CA time for sure.  Due to the economy my husband has stopped playing lotto altogether  (he was the MM player in the family) and I spend most of my money on CA SuperLotto Plus.  But ever so often I will drop $1 on a MM QP.  I don't actually hold my breath for MEGA since I have yet to get even one number, but I play the dollars when I visits the cities that win jackpots in CA.

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