Sales spike jackpot to $275 million!

LANSING, March 2, 2007- A jump in ticket sales has increased the Mega Millions jackpot to a whopping $275 million!

“Players are excited about the jackpot and buying more tickets.  It’s great to offer our players and even bigger Mega Millions jackpot!” said Lottery Commissioner Gary Peters.

Players have until 10:45 p.m. tonight to purchase Mega Millions tickets for the drawing.

If one winning ticket matches all six numbers in Friday’s drawing and the player has selected annuity payments over 26 years, the $275 million jackpot would amount to pre-tax payments of roughly: 

  • $10.6 million per year
  • $203,402 per week
  • $28,978 per day

For those who prefer to take their cash winnings up-front, it’s a pretty nice payday as well.  A winner matching all six numbers will take home a check for approximately $164 million (before taxes), the estimated present cash value of Friday’s $275 million jackpot!

To play Mega Millions, players pick five numbers and one Gold Mega Ball number or players can mark “Easy Pick” on the play slip and the computer will randomly pick the numbers.  Up to 10 panels per ticket can be played, and each wager is $1. 

Mega Millions tickets are available in Michigan, California, Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Texas, Virginia and Washington. 

For more information, visit the Mega Millions Web site at: www.megamillions.com.

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