Due to high sales, officials in the states participating in the Mega Millions Lotto game have increased the estimated jackpot amount for the Tuesday, May 11, drawing to $402 million or $272.1 million with the cash option selected.
The Mega Millions jackpot starts at $20 million and continues to grow each drawing until it is won. There have been 23 consecutive Mega Millions drawings since February 19 without a jackpot winner.
Mega Millions jackpot winners have two options for collecting their payment: 30 annuity payments or one cash payment at present value. The annuity option provides annual payments that increase each year. The present cash value is less than the advertised jackpot, which is based on the 29-year annuity option. Winning Mega Millions numbers are announced every Tuesday and Friday at 10:00 p.m. Central Time.
— Nebraska Lottery