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$1.2 billion Mega Millions ticket sold in California

$1.2 billion Mega Millions ticket sold in California
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By The Associated Press
yesterday | DES MOINES
By The Associated Press Dec. 28, 2024 | 03:26 AM | DES MOINES
At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize in the lottery, a ticket worth an estimated $1.22 billion was sold in California for the drawing Friday night, according to the Mega Millions website.

The California Lottery said the winning ticket was sold in Cottonwood, north of Sacramento. Ishar Gill, a son of the store owner, said the winning ticket was “a blessing” for the small rural town of roughly 6,000 people. The identity of the winner or winners was not immediately known.

The total amount of the Mega Millions jackpot would only be distributed to a winner who chooses an annuity paid over 29 years. Nearly all grand prize winners opt to take a cash payout, which for Friday night’s drawing is an estimated $549.7 million.

Despite the game’s long odds of 1 in 302.6 million, players continued to purchase tickets as the size of the grand prize grew. Until Friday, the last time a Mega Millions player hit the top prize was Sept. 10.

The largest-ever Mega Millions jackpot ticket worth $1.6 billion was sold in Florida in August 2023. Two prizes for its compatriot Powerball lottery have been larger.
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