Research shows that approximately 60% of the revenue from state lotteries goes directly to winners, as the states keep the remaining cash after paying out the prize money and paying certain costs such as advertisements.įor larger lotteries, like Mega Millions or Powerball, half of the ticket revenue goes toward the lottery's prize pool. National The Mega Millions jackpot grows to its second-highest ever after no winner is named (Five states - Alabama, Utah, Alaska, Hawaii and Nevada - don't sell lottery tickets.)
Virgin Islands) that offer lotteries donates a certain percentage of the revenue generated from ticket sales to specific state causes. Though specific systems differ between each state, each of the 45 states (along with the District of Columbia, Puerto Rico and the U.S. The next drawing is Friday.Īfter several weeks of no winners, the Mega Millions jackpot has increased to an estimated $1.35 billion - the second-largest jackpot in the game's history, according to Mega Millions officials.īut it's not just you who could benefit from buying a ticket. Twenty-four consecutive drawings later with no grand prize winner named, the Mega Millions jackpot is now over $1 billion, making it one of the largest jackpots in lottery history. A Mega Millions customer purchases her tickets for the estimated jackpot of $1.1 Billion at the Fuel On Convenience Store in Pittsburgh, Monday, Jan.