DES MOINES, Iowa — Lottery officials on Friday raised the Mega Millions grand prize to $790 million, giving players a shot at what would be the nation’s fourth largest jackpot.
The next drawing is on Tuesday. The jackpot has grown so large because there hasn’t been a winner in three months. Those 27 consecutive drawings without anyone matching all six numbers has allowed the jackpot to gradually grow from its $20 million starting point in April.
The highlighted pre-tax $790 million prize is for a winner who takes an annuity option, paid out in 30 annual payments.