October 11, 2023 2 min read

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Mega Millions Jackpot Jumps to $50M for Next Drawing

After surviving the most recent drawing, the jackpot from Mega Millions continues to grow and is expected to hit $48 million for the drawing this Friday

The drawing on October 6, 2023, completely changed the life of one Mega Millions player from Texas. The person, who purchased a ticket from a store near Sam’s Club in San Angelo, hit the lottery’s grand prize, a staggering $360 million jackpot. Matching all six numbers, 12, 24, 46, 57, 66 along with the Mega Ball number, 22, granted the lucky player the life-changing jackpot that also has a cash option of $159.6 million.

Now, the jackpot from Mega Millions continues to grow, considering that it successfully survived the drawing on Tuesday. The latest drawing from October 10, 2023, did not have a grand prize winner. However, one player was able to correctly guess all white balls, securing a second-tier prize of $1 million.

After surviving the most recent drawing, the Mega Millions jackpot now increases and it is estimated to hit some $48 million for the upcoming drawing scheduled for Friday, October 13, 2023. In case a lucky player hits the jackpot from the upcoming drawing, they would also be presented with a cash sum option of approximately $21.2 million. While that’s far from the close to $50 million figure, it is still undoubtedly a mouth-watering jackpot.

The latest drawing saw more than 720,000 winning tickets. In addition to the second-tier prize of $1 million, 20 tickets secured a $10,000 prize each, while three lucky players took home a Megaplier Prize of $40,000 each.

Some 460 ticket holders guessed correctly four white balls, taking home a $500 prize each. The recent Mega Millions drawing also saw 116 lucky players scoop up a Megaplier Prize of $2,000 each. Unsurprisingly, the highest number of winning tickets had a single number guessed correctly. Some 453,947 players guessed correctly the gold Mega ball, securing a $2 win.

Mega Millions Sees a Jackpot Spree

Last year, a total of six grand prizes were won from Mega Millions. A comparison to this year shows a significant increase in the grand prizes secured, considering that through October 10, 2023, there were 10 jackpots won. Prior to the most recent jackpot win, another grand prize of $39 million was won on August 15. This happened a week after the record-setting $1.6 billion Mega Millions jackpot was won in Florida on August 8, 2023.

Back in April, similar to August, two jackpots dropped in a matter of a week. A $483 million jackpot was hit on April 14, followed by a $20 million jackpot that was won on April 18. On the other hand, January has seen the most wins for the year so far, a total of four.

William Velichkov is a research-driven writer. His strengths lie in ensuring factual accuracy, vetting government documentation and reaching out to regulators and other officials. He is particularly fond of financial reporting, the sports betting industry, B2B partnerships and esports betting developments. William is a strong asset to the Gambling News team as he adds a bedrock to our reporting.

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