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How are Mega Millions jackpots calculated? What to know ahead of the $510M drawing

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Yet another lottery jackpot is growing to record size this year, just months after two record-breaking Mega Millions and Powerball jackpots were hit.
If you haven’t been following the lottery craze over the last few months, allow us to bring you up to speed.
In July, a Mega Millions ticket worth nearly $1.4 billion was sold in Illinois. It was the third-largest lottery prize in U.S. history and wasn’t claimed for nearly two months.
By the time that ticket was claimed, another jackpot was growing, this time with Powerball. Without a winner for roughly three months, the jackpot was able to reach $2.04 billion – the largest prize in Powerball and U.S. lottery history – before a ticket sold in California matched the winning numbers.
As we again wait for a winner to come forward (the lucky Californian still has over 320 days to come forward), yet another large lottery jackpot is brewing.
After no ticket matched all six numbers in Tuesday’s Mega Millions drawing, the jackpot has reached an estimated $510 million.
It’s almost one of the largest grand prizes in the game’s history, ranking 11th behind a $516 million jackpot hit last year, according to Mega Millions.

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