Mega Millions lottery reaches record-breaking numbers

REX  Shutterstock View View 7

REX Shutterstock View View 7

This comes as the Mega Millions jackpot has just reached a historic $1 billion jackpot - the largest in Mega Millions history and second largest in US history.

The next Mega Millions drawing is at 11 p.m. EST Tuesday.

N.C. officials said that in this past Tuesday's drawing, 93,726 tickets sold in North Carolina won a prize, ranging from $2 to $10,000.

At $1.6 billion, Tuesday's Mega Millions drawing slips past the $1.586 billion Powerball drawing on January 13th, 2016, to become the largest jackpot in history. The Powerball jackpot has also climbed to $470 million and people are lining up to buy tickets they hope will make them winners. The annuity option guarantees more money, but it's paid over 29 years and also would result in a hefty tax bill.

Winners who want the money in a lump sum can opt for the cash option of about $905 million.

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Ticket sales peak on Tuesdays and Fridays, the days of lottery drawings.

The game, which was created in 2002, has seen changes over the years that have reduced the chances of winning, meaning bigger and bigger jackpots.

A lucky American could walk away with $1.6 billion (£1.2 billion) in prize money after the latest round of the country's lottery draw failed to produce a victor. The federal government takes 25% before the check is handed to the victor, and collects remaining taxes when due.

The winning numbers for the October 19th drawing were: 15, 23, 53, 65 and 70, plus the gold Mega Ball 7. Since Tuesday, about $400 million has been added to the pot. The jackpot has been growing since a $543 million jackpot was won in July.

While they came short, they join 13 other winners that could be awarded at least $1 million after matching five of six numbers (not the Mega Ball).

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