Lotto fever in full swing as Mega Millions jackpot soars past half billion

October 12, 2018 - 7:03 am

NEW YORK (1010 WINS/AP) -- We've got some real money at stake in the multi-state lotteries this weekend.

Add them up and you're talking about the better part of a billion dollars.

Lottery players will have a chance at the nation's ninth-largest jackpot when numbers are drawn for Friday's Mega Millions game.

The estimated $548 million prize would be the largest jackpot in more than nine months. Players who buy $2 tickets face extremely long odds, with a one in 302.5 million chance of matching all six numbers.

The Mega Millions prize has grown so large because no one has won the jackpot since July 24, when 11 co-workers from the San Francisco Bay Area joined an office pool and hit the winning numbers for a $543 million payoff.

The $548 million prize in Friday's drawing refers to the annuity option, which is awarded in 30 payouts. A winner who opted for a cash payout would receive $309 million, minus taxes.

Saturday's Powerball jackpot is up there too. The estimated jackpot is $314 million.

Lotto fever is in full swing and 1010 WINS' reporter John Montone talked to hopeful multi-millionaires in Hackensack, N.J. 

When asked what he would do if he won Mega Millions, Dominick told Montone he would retire.

"What would you tell the boss?," Montone asked.

"I wouldn't even show up," Dominick said.

Another man told Montone his odds are 50/50: 50 percent chance he wins, 50 percent chance he doesn't.