Key Points
After no one won the Mega Millions jackpot on Tuesday night, it soared to a whopping amount of $977 million and it is still going up with more tickets being sold for the next draw, which will take place Friday night..
The person who wins the Friday jackpot will have the choice of getting a one-time lump-sum payment of about $461 million in cash before taxes or going with an annual payment spread over 30 years..
According to the top officials of Mega Millions, it is only the sixth time in the game's nearly 22-year history that the jackpot has gone as high as $977 million..
The largest Mega Millions jackpot ever was for an amount of $1.6 billion and it went to a single ticket sold in Neptune, Florida, in August last year...
It is extremely difficult to win this jackpot as a Mega Millions player has a 1 in 302.6 million chance of winning it..
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