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In a remarkable turn of events, a single ticket sold in California has secured the $1.22 billion Mega Millions jackpot, marking the fifth-largest prize in the game’s history.
Details of the Winning Ticket
The winning numbers for the draw were 3, 7, 37, 49, 55, with the gold Mega Ball numbered 6.
AP News The fortunate ticket was purchased at Sunshine Food and Gas, located on Rhonda Road in Cottonwood, California.
NorthJersey This establishment now joins the ranks of notable lottery retailers, having sold a ticket that overcame the staggering odds of 1 in 302.6 million.
Prize Options and Tax Implications
The jackpot winner faces a significant decision: opt for the full $1.22 billion annuity, distributed over 29 years, or select a lump-sum cash payment estimated at $549.7 million.
AP News It’s important to note that both options are subject to federal and state taxes, which will substantially reduce the final amount received.
California’s Lottery Landscape
This win marks the 37th time a Mega Millions jackpot has been claimed in California, underscoring the state’s active participation in the lottery.
New York Post California is unique among the 45 Mega Millions participants in that all nine prize levels within its borders are always pari-mutuel, rather than each non-jackpot prize having a set value.
Wikipedia This means that prize amounts can vary based on ticket sales and the number of winners, leading to different prize amounts for equivalent winners sold in California compared to those in other jurisdictions.
Additional Winners and Future Drawings
In addition to the jackpot winner, five other players matched all five white balls, earning $1 million each. These tickets were sold in Arizona, Missouri, Texas, and two in California.
New York Post The next Mega Millions drawing is scheduled for December 31, with the jackpot resetting to its base amount of $20 million.
Upcoming Changes to Mega Millions
Looking ahead, Mega Millions has announced plans to increase ticket prices from $2 to $5 starting in April 2025. This change aims to improve jackpot odds, create larger, more frequent prizes, and eliminate breakeven prizes, thereby enhancing the overall gaming experience.
The recent $1.22 billion Mega Millions jackpot win in California is a testament to the enduring allure of lottery games and the life-changing potential they offer. As the winner steps forward to claim their prize, this event serves as a reminder of the excitement and possibilities that come with each draw
