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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Personal FinanceLottery

Mega Millions jackpot climbs to $1.05 billion after 29 straight draws without a winner

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July 29, 2023, 10:50 AM ET
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Cashier Rosemary Probst sells tickets for the Mega Millions lottery at the Save 'N Time convenience store in Harahan, La., Wednesday, July 26, 2023.AP Photo/Gerald Herbert
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The Mega Millions jackpot climbed to an estimated $1.05 billion Friday night, only the fifth time in the history of the game that the grand prize has reached into the billions.

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No one managed to beat the massive odds and match all six numbers for Friday’s estimated $940 million jackpot. The numbers drawn were: 5, 10, 28, 52, 63 and the gold ball 18.

There have been 29 straight draws without a Mega Millions jackpot winner since the last grand prize ticket on April 18.

The $1.05 billion prize up for grabs in the next drawing Tuesday night would be for a sole winner choosing to be paid through an annuity, with annual payments over 30 years. Jackpot winners almost always opt for a lump sum payment, which for Tuesday’s drawing would be an estimated $527.9 million.

The potential jackpot is the fourth-largest in the game and the fifth over $1 billion, Mega Millions said in a statement early Saturday.

Although there were no jackpot winners, one ticket in Pennsylvania was worth $5 million and another in the state connected for $1 million. There also were $1 million winners in Arizona, California and New York, Mega Millions said.

It has been less than two weeks since someone in Los Angeles won a $1.08 billion Powerball prize that ranked as the sixth-largest in U.S. history. The winner of the prize is still a mystery.

Lottery jackpots grow so large because the odds of winning are so small. For Mega Millions, the odds of winning the jackpot are about 1 in 302.6 million.

Winners also would be subject to federal taxes, and many states also tax lottery winnings.

Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands.

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