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  • Fortune favours the luckiest: Lottery player wins $1.58bn Mega Millions jackpot
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Fortune favours the luckiest: Lottery player wins $1.58bn Mega Millions jackpot

Admin August 11, 2023

The 10-figure jackpot win is expected to set a new record for the game, trumping the previous Mega Millions' top payout of $1.537 billion won in 2018 (ANGELA WEISS)..Photo: Google

The 10-figure jackpot win is expected to set a new record for the game, trumping the previous Mega Millions’ top payout of $1.537 billion won in 2018 (ANGELA WEISS)..Photo: Google

 

A lottery player in the US state of Florida who won a record $1.58 billion Mega Millions jackpot on Tuesday, has stirred a global rave and drawn more attention to lottery with more people queueing to stake in the next lottery.

“After 31 drawings without a big win, a lucky ticket-holder in Florida will celebrate the summer of 2023 with a record-sized MEGA jackpot, currently estimated at $1.58 billion,” Mega Millions said in a statement.

In Nigeria, lottery many young men are prying their eyes into the game once regarded as a pastime for oldies and failures. Lottery has since been regulated in Nigeria and across Africa, with governments obviously taking a cue from the western nations.

Tuesday’s 10-figure jackpot win is expected to set a new record for the game, trumping the previous Mega Millions’ top payout of $1.537 billion won in 2018, the lottery said.

The Mega Millions jackpot winner is the first declared since April — and if the prize sum is confirmed, it would be the third-largest payout in US lottery history, ABC News reported.

The winner, who has not been identified, can choose to take about $783 million in cash up front, or receive the full sum, broken into yearly payments over 30 years, which increase by five percent annually.

Most winners choose the lump sum payout. All winnings are subject to income taxes.

The odds of winning the Mega Millions jackpot are one in 303 million — much higher than the one-in-a-million chance of being struck by lightning, according to US government data.

The winning numbers on Tuesday were 13, 19, 20, 32 and 33, plus the gold ball 14.

Two other winners in Florida and North Carolina won $2 million each, while five more players won $1 million each.

Tickets are sold for $2 in 45 states, Washington DC and the US Virgin Islands.

The next Mega Millions drawing is Friday, with the jackpot resetting to $20 million, with a cash value of $9.9 million.

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Tags: Florida Mega Millions jackpot US lottery

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