New Mega Millions jackpot climbs past $1 billion after no winners Friday
LOS ANGELES - The nation continues to wait for the lucky jackpot winner. Mega Millions revealed Friday night that no one won the $940 million top prize – meaning the new grand prize will climb just past $1 billion.
That being said, the next drawing will be held Tuesday, August 1 at 8 p.m. PT.
Below were the winning numbers for the top prize – which apparently no one got:
5, 10, 28, 52, 63 and the Mega Ball number being 18. Megaplier 5x
Now that we know there was no winner Friday, the new jackpot is bumped up to $1.05 billion.
Bummed about having to go back to work next week? Don't throw away your tickets just yet. Lottery players with multiple matching numbers can score a decent consolation prize. For example, four tickets sold in California were worth more than $13,000 after the tickets matched four of the six numbers Tuesday.
RELATED: Four $13,000 Mega Millions tickets sold in California
HOW MUCH DO YOU WIN AFTER TAXES?
There are 1.05 billion reasons to dream, especially what you would do with the jackpot money. However, one thing all lottery winners have to take into account is the fact that their prizes will be taxed.
So how much do you really get after taxes?
It depends on a couple of factors: do you have to pay state taxes where you live? Will you take the lump sum payment or the annuity payout?
According to Mega Millions' website, those electing to take the annuity option get one immediate payment followed by 29 annual payments, a process that is identical to Powerball with their payouts.
RELATED: Powerball payout calculator: How much would you get after taxes if you won?