Mega Millions Jackpot Could Reach $1 Billion

Posted at 12:12 PM, Dec 16, 2013
and last updated 2013-12-16 12:12:19-05

5.16 lotto(CNN) — The Mega Millions jackpot is already juicy, but thanks to new, longer odds, it’s entirely possible the payout could reach $1 billion by Christmas.

Nope, that wasn’t a typo — “b” as in “boy.”

When no winner was selected in Friday’s drawing, the jackpot rolled over to $550 million, the second-largest payout ever, and it’s possible the pot could increase again before Tuesday night’s drawing.

So, the real question is: What are the chances of winning?

Well, as CNN reported last week, you have a much, muchbetter chance of being killed by an asteroid, and while those are long odds, they’re even longer than they were in early October.

That’s because on October 22, Mega Millions made it more difficult to take home the big prize. The odds, which were 1 in 176 million, are now 1 in 259 million.

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