The Mega Millions jackpot has hit an estimated $1 billion, marking it as the largest prize ever available in December and the seventh-largest in the game's history.
If someone wins the $1 billion jackpot, they could choose between a lump sum cash option of about $448.8 million or annual payments, although winnings are taxed.
No one has won the Mega Millions jackpot since September, allowing the prize to grow through 29 drawings, showcasing the ongoing volatility and appeal of the lottery.
The odds of winning the Mega Millions jackpot remain astronomically low at one in 302,575,350, which underscores the rarity of such a significant win.
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