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The first Mega Millions drawing of 2023 is tonight and the jackpot is now at $785 million

January 3, 2023, 3:14 PM UTC
Mega Millions lottery playing slips are shown at a supermarket kiosk, Monday, Jan. 2, 2023, in Surfside, Fla.
Mega Millions lottery playing slips are shown at a supermarket kiosk, Monday, Jan. 2, 2023, in Surfside, Fla. The jackpot for the Tuesday drawing is estimated at $785 million. (AP Photo/Wilfredo Lee)
Wilfredo Lee—AP Images

An estimated $785 million Mega Millions jackpot set for Tuesday night will give lottery players a chance to start the new year with a lucrative bang.

The big prize is the sixth-largest jackpot in U.S. history and has grown so large because no one has matched all six of the game’s numbers for more than two months. There have been 22 straight drawings without a big winner, allowing the prize to roll over and become ever-larger.

The jackpot-winning drought isn’t surprising given the miserable odds of one in 302.6 million of winning the top prize.

The $785 million jackpot is for a winner who chooses to be paid through an annuity over 29 years. Nearly all winners opt for a cash payout, which for Tuesday night’s drawing would be an estimated $395 million.

The jackpot is the largest since someone in California won a record $2.04 billion Powerball prize on Nov. 8. There still has not been an announced winner of that jackpot.

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