Mega Millions Jackpot Hits Record-Breaking $1 Billion

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Updated Oct. 19, 2018 3:58PM EDT / Published Oct. 19, 2018 3:57PM EDT

Shannon Stapleton/Reuters

Friday’s Mega Millions jackpot hit a record $1 billion ahead of the 11 p.m. drawing. “This is truly uncharted territory, and it’s exciting to see people across the country buying their tickets and joining in the fun,” Gordon Medenica, Mega Millions lead director and the director of Maryland Lottery and Gaming said in a statement Friday. A single winner choosing to take the cash lump sum would receive about $565.6 million. Should the prize go unclaimed Friday night, the next jackpot is estimated to grow to $1.6 billion. Friday’s projected prize would be the second-largest payout in U.S. lottery history after three winners split a Powerball drawing for $1.59 billion in 2016.

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Mega Millions Jackpot Hits Record-Breaking $1 Billion

Shannon Stapleton/Reuters