New Jersey Resident Wins $1.13 Billion Mega Millions Jackpot

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Source: KABC-TV
New Jersey Resident Wins $1.13 Billion Mega Millions Jackpot
Photo: KABC-TV
TL;DR Summary

A winning ticket for the $1.13 billion Mega Millions jackpot was sold in New Jersey, with the exact location yet to be revealed. The jackpot is the fifth largest in the game's history, and tickets matching five of the six numbers were sold in 13 states. With both Mega Millions and Powerball offering massive prizes, the odds of winning the jackpot remain dismal, but millions of people still win smaller prizes. Winners should expect much smaller payoffs than the advertised figures due to taxes and the option of receiving the prize as an annuity over 30 years.

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