Winning ticket for $1.22 billion lottery jackpot sold in California, Mega Millions says

Winning ticket for .22 billion lottery jackpot sold in California, Mega Millions says


A customer plays Mega Millions lottery at the Downtown Miami Souvenirs store on December 26, 2024 in Miami, Florida. 

Joe Raedle | Getty Images

At least one Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize in the lottery, a ticket worth an estimated $1.22 billion was sold in California for the drawing Friday night, according to the Mega Millions website.

The California Lottery said the winning ticket was sold at Circle K (Sunshine Food and Gas) on Rhonda Road in Cottonwood, about 150 miles (240 kilometers) north of Sacramento. The winning ticket matched the white balls 3, 7, 37, 49, 55 and the gold Mega Ball 6. Ishar Gill, a son of the store owner, said the winning ticket was “a blessing” for the small rural town of roughly 6,000 people. The identity of the winner or winners was not immediately known.

“We don’t have the slightest clue of who may have won it or who may have sold it,” Gill told The Associated Press. “But congratulations to the winner.”

The total amount of the Mega Millions jackpot would only be distributed to a winner who chooses an annuity paid over 29 years. Nearly all grand prize winners opt to take a cash payout, which for Friday night’s drawing is an estimated $549.7 million.

Despite the game’s long odds of 1 in 302.6 million, players continued to purchase tickets as the size of the grand prize grew. Until Friday, the last time a Mega Millions player hit the top prize was Sept. 10.

The largest-ever Mega Millions jackpot ticket worth $1.6 billion was sold in Florida in August 2023. Two prizes for its compatriot Powerball lottery have been larger.

Mega Millions and Powerball are sold in 45 states, as well as Washington, D.C., and the U.S. Virgin Islands. Powerball also is sold in Puerto Rico.

Mega Millions ticket prices are set to rise from $2 to $5 in April. The increase will be one of many changes that officials say will result in improved jackpot odds, more frequent giant prizes and even larger payouts.



Source

Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk
World

Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk

Tesla’s Powerwall 2 Source: Tesla Tesla is recalling around 10,500 units of its Powerwall 2, a backup battery for residential use, according to a U.S. Consumer Product Safety Commission disclosure out Thursday. “The lithium-ion battery cells in certain Powerwall 2 systems can cause the unit to stop functioning during normal use, which can result in […]

Read More
Wall Street cools on Oracle’s buildout plans as debt concerns mount: ‘AI sentiment is waning’
World

Wall Street cools on Oracle’s buildout plans as debt concerns mount: ‘AI sentiment is waning’

Oracle CEO Clay Magouyrk speaks at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Two months ago, Oracle’s stock had its best day since 1992, soaring 36% to a record after the company blew away investors with its forecast for cloud infrastructure […]

Read More
With valuations this elevated, be careful with these zero-revenue stocks
World

With valuations this elevated, be careful with these zero-revenue stocks

With the market running up so high, investors may need to keep an eye out for companies that don’t having the earnings to justify lofty valuations. The stock market has hit record highs in recent weeks, boosted in part by continued optimism around artificial intelligence. Despite pullbacks in Thursday’s session , the broad S & […]

Read More