Another $1 billion jackpot is up for grabs.
The massive $1.1 billion prize is for a winner who takes an annuity option, paid out in 30 annual paymentsThe jackpot for Tuesday's Mega Millions drawing has topped $1 billion as the third-largest prize in the game's history and fifth-largest in U.S.The massive $1.1 billion prize is for a winner who takes an annuity option, paid out in 30 annual payments. Most players choose the cash option, which for Tuesday's drawing would be $$568.
The drawing is set for 11 p.m. EST but it usually takes a couple hours before it's clear if there is a winner. The jackpot has been growing since Oct. 14, when two tickets — one in California and another in Florida — matched all six numbers and won split the $494 million prize. Since then, there have been 24 consecutive drawings without a jackpot winner, allowing the grand prize to grow week-after-week.
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