Record-breaking $1.25 billion Mega Millions jackpot up for grabs

The Mega Millions jackpot has reached $1.25 billion after no one won the top prize in the latest drawing. This marks the 30th consecutive drawing without a winner, resulting in one of the largest jackpots in U.S. history. The odds of winning the Mega Millions jackpot are 1 in 302.6 million, but the odds of winning smaller prizes are better. The $1.25 billion prize can be collected through annual payments over 30 years or a lump sum payment of approximately $625.3 million, subject to taxes. Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands.