Friday’s Mega Millions Jackpot Raised from $382M to $393M

Staff Report From Georgia CEO

Friday, August 11th, 2017

As a result of brisk ticket sales, Georgia Lottery officials announced that the Mega Millions estimated jackpot has been bumped from $382 million to $393 million for Friday’s drawing.
 
The jackpot began rolling May 2 and has rolled 29 times.
 
Mega Millions offers two jackpot payment options: the $393 million annuity prize paid out as one immediate payment followed by 29 annual graduated payments; or the cash option, which is approximately $246 million.
 
It only takes $1 to play Mega Millions for a chance to win big. Players can multiply prizes with the Megaplier option for an additional $1 per play.
 
As with all other Georgia Lottery games, proceeds from Mega Millions will benefit education in the state of Georgia.
 
Since its first year, the Georgia Lottery Corp. has returned more than $18.7 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
 
 
MEGA MILLIONS FAST FACTS
 
Draw Date: Friday, Aug. 11, 2017

Estimated Jackpot Amount: $393 million

Cash Option Amount: Approximately $246 million

Cost to Play: $1 per play; additional $1 per play for Megaplier

Drawings: 11 p.m. (ET) every Tuesday and Friday

Overall Odds of Winning Any Prize: Approximately 1:14.7

Odds of Winning Jackpot Prize: Approximately 1:258.89 million

Date Jackpot Began Rolling: May 2, 2017

Number of Rolls: 29

Last Winning Jackpot Ticket: April 28, 2017 – $61 million (California)

#1 Mega Millions Jackpot: March 30, 2012 – $656 million
(3 winning tickets – Illinois, Kansas and Maryland – $218.6 million each)