Published July 29, 2022
Updated 3:44PM
Mega Millions jackpot up to $1.28B
Mega Millions jackpot is the third-largest in U.S. lotto history
Dallas - Friday night's Mega Millions jackpot has increased to an estimated $1.28 billion dollars, according to the Texas Lottery.
That's the third largest U.S. lottery prize of all time, but if you beat the odds and match all six numbers, it doesn't mean you will become a billionaire.
Winners can choose to have their prize money paid out in 30 payments over 29 years or in a lump sum.
If there is a single winner of the $1.28 billion jackpot, those who pick the cash option will receive an estimated $747.2 million.
Then there are the taxes. The IRS immediately takes 24% of all lottery winnings over $5,000, dropping the total to approximately $567.8 million for a winner choosing the lump sum.
The winner will also likely owe more when they file their 2022 federal income taxes.
Texas is one of 10 states that does not tax lottery winnings at the state level.
The drawing will be held on Friday, July 29, 2022, at 10 p.m. CST.
READ MORE: States that allow Mega Millions winners to remain anonymous
Texas Mega Millions Winners
13 Texans have hit all six numbers in the Mega Millions since the game came to the state in 2003, according to the Texas Lottery.
The last time it happened was in 2019, when a Leander resident won an estimated $227 million. It is still the largest lottery prize ever paid to a single Texas Lottery player.
Since the start of 2022, five Texas Lottery players have won prizes of $1 million or more.
Copyright: Associated Press by: Caleb Wethington Posted: Jul 19, 2022 / 01:55 PM CDT
Updated: Jul 19, 2022 / 01:55 PM CDT DALLAS (KDAF) — If you haven’t played the lottery in a while now might be the time to do so as the Mega Millions jackpot is up there among the five largest jackpot prizes in the game’s history. The Texas Lottery reports that Tuesday’s Mega Millions jackpot is now at $555 million and is the fifth largest prize in the history of the lottery game. The cash value of the huge jackpot is
nearly $317 million. The lottery adds that if there isn’t a winner for the Mega Millions drawing Tuesday night, the jackpot will grow to $630 million on Friday, July 22. “Texas has had 13 Mega Millions jackpot prize winners since it joined the game in 2003. Its most recent jackpot winner came in September 2019 when a Leander resident won an estimated annuitized $227 million, the largest prize ever paid out to a single Texas Lottery player.” The Texas Lottery has made it easy for you
and has a step-by-step on how to play to try and win the Mega Millions!
Winning Numbers for 12/17/2021 were:
- 21
- 32
- 38
- 48
- 62
- 10
Megaplier: 3
Mega Millions Winning Details* (Texas Winners Only)
| 5 of 5 w/Mega Ball | $160 Million | Roll | -- | -- | |
| 5 of 5 | $1 Million | 1 | $3 Million | 1 | |
| 4 of 5 w/Mega Ball | $10,000 | 0 | $30,000 | 0 | |
| 4 of 5 | $500 | 22 | $1,500 | 11 | |
| 3 of 5 w/Mega Ball | $200 | 55 | $600 | 22 | |
| 3 of 5 | $10 | 1,510 | $30 | 565 | |
| 2 of 5 w/Mega Ball | $10 | 1,518 | $30 | 551 | |
| 1 of 5 w/Mega Ball | $4 | 11,741 | $12 | 4,348 | |
| 0 of 5 w/Mega Ball | $2 | 29,452 | $6 | 11,036 | |
| Total Texas Winners: | 44,299 | 16,534 |
*Note: Texas Lottery Commission only reports the payout information for Texas winners. For payout information of all participating states please visit www.megamillions.com.
Where Sold:
| 5 of 5 | FISCHER'S NM #37 | 29202 RALPH FAIR RD | FAIR OAKS RANCH | 78015 | Yes / Yes | $3 Million |