A whopping $43 million Mega Millions jackpot is up for grabs August 16, 2013. Players across the country are betting they have all six Mega Millions winning numbers for Friday's drawing. The one-time cash option of $29 million is also impressive, according to Mega Millions lottery officials on Friday, August 16.
UPDATE: The Mega Millions winning numbers for August 16, 2013 are 7, 13, 26, 36, 46, the Mega Ball number is 37, and the Megaplier is X 4.
As the August 16 Mega Millions jackpot winner, you'll have a tough decision to make. Will you choose between the annuity option of $43 million paid out over 26 years, or the cash lump sum payment of $29 million? Unfortunately, both Mega Millions prize options are before state and federal taxes are deducted.
California Powerball Winner Scores Big Money!
California Lottery officials announced on Thursday, August 15, that there was one second-tier Powerball lottery winner in the last drawing. The California Powerball winner matched five out of six Powerball winning numbers, but not the red Powerball number for the second-tier prize. The standard prize amount for this type of win is normally $1 million, however, California Powerball prize amounts are pari-mutuel, and may vary depending on ticket sales and number of winner. Unfortunately for this California lottery winner the prize was only $369,978.
"The winning ticket was sold at Dick’s Palm Tree, which is located at 3014 A Studebaker Road in Long Beach. The ticket successfully matched the numbers 4, 11, 17, 43, 51, missing only the Powerball number of 20," reported California Lottery officials.
What Time is Tonight's Mega Millions Drawing?
The next Mega Millions drawing is scheduled for August 16, 2013, at 11 p.m. ET. Mega Millions winning numbers are drawn Tuesday and Friday evenings at WSB-TV in Atlanta, Georgia. Tickets are sold in 42 states plus the District of Columbia and the U.S. Virgin Islands.
The largest Mega Millions jackpot in lottery history was $656 million (cash option of $474 million). It was split by three Mega Millions lottery winners on March 30, 2012. See the article Illinois, Kansas, Maryland lottery winners share Mega Millions winning numbers for more details.
Latest Powerball Winning Numbers and Results
The most recent Powerball winning numbers from the August 14 drawing were 4, 11, 17, 43, 51, and the red Powerball number is 20. There were no jackpot winners for this drawing. See the article Powerball winning numbers: California, Virginia lottery winners strike it rich for more information. The next Powerball drawing is scheduled for August 17, 2013, at 10:59 p.m. EDT. Saturday's jackpot amount is $60 million annuity, or $34.7 million cash value.
Sources: Mega Millions; California Lottery
Photo Credit: Mega Millions Lottery Money by Mega Millions.com