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Daily Mirror
Daily Mirror
World
Kelly-Ann Mills

Mega Millions jackpot tops out at staggering $1 billion after no ticket holders win

A lottery jackpot in the United States has crossed the $1 billion threshold - the country's fourth biggest winning pot that has ever been up for grabs.

The Mega Millions prize for this Friday is expected to be in excess of $1.02 billion - equivalent to £830million - lottery officials have said.

The prize pot is expected to continue growing as people rush to get tickets for a chance at landing the jackpot.

The top prize has rolled over 29 times, since no one has matched the game's six numbers since April 15.

The biggest-ever lottery payday in the USA was a $1.58 billion Powerball jackpot, which was won in 2016.

Maria Kilbane, spokeswoman for Mega Millions, said: "It takes a long time for this kind of jackpot to get up this high, so we're excited."

The Mega Millions draw takes place on Friday (AFP via Getty Images)

She added that the crush of people trying to find out if they won resulted in "unprecedented" traffic to the Mega Millions website.

After the results from Tuesday night's draw were posted, 62 million attempts were made to reach the site over a 24-hour period.

In the UK, if you win the lottery you win the entire pot tax-free. But the laws are different in America.

There is a huge jackpot for Friday's draw (AFP via Getty Images)

According to CBS America, the winner won't take home the entire pot.

Players can choose whether to take the option to take the jackpot paid out annually for 30 years.

Winners usually opt to take the cash in one lump sum, which is usually about half of the total pot.

That sum is then subjected to federal tax, and depending on where they live, a state tax can be taken too.

That also doesn't account for the possibility that someone else will match the winning numbers too, meaning they would need to divide even those smaller winnings in half or more, depending on the number of lucky players.

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