Mega Millions Jackpot Hits Record $1.25 Billion After No Winner on Tuesday

The Mega Millions jackpot has reached a record $1.25 billion after no one matched all six numbers on Tuesday night.
The cash option for the new jackpot is an estimated $625.3 million before taxes.
This is the fourth-largest jackpot in Mega Millions history and the 30th consecutive drawing without a winner.
Odds of winning the jackpot are extremely small at 1 in 302.6 million.
Winners can choose to receive the prize as an annuity paid annually over 30 years or as a one-time lump sum payment.