Mega Millions jackpot hits $344 million

A single winner could take home the largest prize on record.

By InvestorPlace Dec 10, 2013 2:40PM

Customers wait in line to buy Mega Millions tickets at Bluebird liquor store on March 29, 2012 in Hawthorne, Calif. (© Kevork Djansezian/Getty Images)By William White


The Mega Millions jackpot for tonight's drawing has climbed to a whopping $344 million.


The jackpot has ballooned thanks to the prize going unclaimed for two weeks. This is the largest Mega Millions prize so far in 2013 and could result in a record payout, NBC News notes.


The current record was established in March 2012 after three people each claimed a portion of the $656 million jackpot. After taxes, each winner took home $157.8 million. A single winner for the current jackpot would get a $184 million one-time payout.


Overall, this is the fourth-largest jackpot Mega Millions has ever seen.


Earlier this year, Mega Millions followed in Powerball's footsteps and changed its rules to create larger prizes. The changes included an extra ticket option that allows winners of the secondary prize anywhere from $1 million to $5 million, versus the normal $250,000.


The next drawing for the Mega Millions jackpot will take place at 11 p.m. ET.


More From InvestorPlace

155Comments
Dec 10, 2013 3:38PM
avatar
I don't need the jackpot, just a little something extra for the holidays. Jackpot = Too fast of a car = Too short of a life (at least for my stupid butt)
avatar
they should give a jackpot for not getting any numbers then I would win all the time
Dec 10, 2013 3:30PM
avatar
If only..goodluck to anyone who wins it
Dec 10, 2013 3:43PM
avatar
I think I'll go out and get a ticket tonight and win this thing...... I will make several large donations if I win tonight!
Dec 10, 2013 3:43PM
avatar
I am feeling lucky it could be me the odds could be in my favor...on second thought I will wait for the numbers to come out before pissing on my bosses desk. 
Dec 10, 2013 3:58PM
avatar
I can finally stop living week to week!
Dec 10, 2013 4:09PM
avatar
I don't play the lottery and I both love and hate it.  On the one hand, it's great, because it's essentially a voluntary tax.  But I have a real problem with people playing the lottery who are on welfare.  If you need food stamps or you get housing assistance, you shouldn't be allowed to play the lottery.
Dec 10, 2013 3:57PM
avatar
My ex-wife would just take it all....
Dec 10, 2013 4:13PM
avatar
With my luck I would buy 10 tickets and hit the Jackpot on the 10th one. Just think about it... $9.00 wasted!
Dec 10, 2013 3:53PM
avatar
Since the latest change the odds are about 250,0000,000 to one against winning the big pot. Mega millions can easily grow to exceed $ 1 Billion now. There really should be better paramutual distribution of the prizes.
Dec 10, 2013 4:04PM
Dec 10, 2013 3:54PM
Dec 10, 2013 3:56PM
avatar
It's a shame that today is the last day I'll be sure that someone likes me for me...
Dec 10, 2013 4:10PM
avatar
The reason Mega Millions has higher jackpots now is because they added more numbers and made it harder to win.  Its now about 70 or 80 millions times harder to win then it was a month ago.  You have a 1 in 258 million chance of winning.  Before the change it was about 1 in 175 million.  Good Luck!
Dec 10, 2013 4:07PM
avatar
If we win, we're paying off student loan debts.
Dec 10, 2013 4:26PM
avatar
They report that mega-ball " changed the rules to create larger prizes" which is a total lie!!!
They changed the rules to make more money by making it 50% HARDER to win!!  Totally
shameless, and then they "spin" it to appear like they're doing everyone a favor? Disgusting!
Dec 10, 2013 4:14PM
avatar
What is it they say..."a dollar and a dream".  I have both and so far what did that get me?  I'm out of a dollar and my dream is crushed yet again.
Dec 10, 2013 3:55PM
avatar

This is where most of the welfare money goes....

Dec 10, 2013 3:54PM
avatar
"I got so many things I want to buy!!!"
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

RECENT QUOTES

WATCHLIST

Symbol
Last
Change
Shares
Quotes delayed at least 15 min
Sponsored by:

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] The stock market capped the trading week with losses across the major averages. The S&P 500 fell 0.5% to surrender its weekly gain, while the Dow Jones Industrial Average (-0.7%) and Russell 2000 (-0.9%) underperformed. The two indices posted respective losses of 0.8% and 0.6% for the week.

Equity indices were pressured from the get-go after several heavyweights disappointed the market with their earnings and/or guidance, which led to some broader profit-taking. After ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.