Dec. 6, 2013 – The Mega Millions jackpot, which rolled over to an estimated $291 million after Tuesday night’s drawing, is now valued at an estimated $297 million ahead of tonight’s drawing.
The change in the value estimate was made Friday based on the strength of ticket sales ahead of the drawing. This type of re-evaluation of a jackpot’s value is common when jackpots grow so large, as national interest skyrockets.
Friday’s $297 million jackpot is the largest that Mega Millions players have seen since March 2012, when a $656 million Mega Millions jackpot set the record for the largest lottery prize ever in U.S. history.
The current jackpot has been growing since Oct. 5; the last jackpot was a $189 million prize claimed by “The Lucky Family” from Maryland.
During that time, the game underwent changes to allow jackpots to grow faster and reach higher values. By making it easier to win smaller prizes on the game yet harder to win the jackpot, Mega Millions’ designers more than doubled the average number of winners per drawing.
As for the success of those changes in allowing for bigger jackpots. We’ll let $297 million speak for itself.