Friday’s Mega Millions Jackpot Climbs To $290 Million

Sixty eight people missed the Mega Millions jackpot last night by just one number and no one was able to hit all six. Which is good news if you’re expecting to win Friday’s drawing, which is now up to an estimated $290 million.

No single ticket hit all the numbers in Tuesday night’s Mega Millions drawing, which is driving up the jackpot. Right now, the jackpot is at $290 million. If it were to stay there, it would go down in history as the eighth-largest haul since the game of chance began in 1996.

But you can expect the Mega Millions jackpot to rise over the next three days as the country flocks to bodegas, 7-11s, gas stations and supermarkets with dollar bills in hand, dreaming of hitting it big.

Mega Millions bills itself as the nation’s biggest jackpot game. It’s played in 42 states, including California, plus the District of Columbia and the U.S. Virgin Islands.

Mega Millions jackpot 23 march 2012 results

Mega Millions jackpot 23 march 2012

The rules of engagement are fairly simple. Players pick six numbers from two different pools: The first five are chosen from numbers 1 to 56, and the sixth is chosen from numbers 1 to 46. You win by matching all six numbers.

Drawings are held twice weekly — on Tuesdays and Fridays. Other, non-jackpot prizes are also available based on the number of sales, winners and numbers matched.

If you win Mega Millions on Friday, you have two options.

The first is the gimme-all-my-money-now option. Mega Millions pays a one-time, lump sum. So, for dreaming purposes, if you are the only winner in this $290-million jackpot scenario, you would get a payout of about $205 million, according to the lottery website.

The second option is to have your Mega Millions jackpot paid out over 26 years. For every $1 million in the jackpot, you will receive approximately $38,500 per year before taxes, according to the Mega Millions website. So if you are the only winner of a $290-million jackpot, you would get more than $11 million a year before taxes with this option.

Tuesday night’s Mega Millions drawing Winning Numbers: 3/20/2012

Friday night's Mega Millions drawing results

Mega Millions drawing : Winning Numbers: 3/20/2012

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