The Current Mega Millions Jackpot

Updated: 2024-04-24

See the value of the current Mega Millions jackpot for the next drawing. The game has a $20 million starting jackpot that keeps rolling until someone wins it. To hit the top prize, a ticket must match all six numbers drawn - the five white balls and the gold Mega Ball.

You can see the annuity value and the cash value of the grand prize. Check the Mega Millions Jackpot Analysis to find out how much you would end up taking home after tax, based on the state where you purchased your ticket.

The advertised current jackpot amount is an estimated value prior to a draw. The estimate takes into account how much money has already been accumulated since it was last won, and how much more is expected to be added for the next draw based on ticket sales.

There's a guaranteed $2 million roll increase per draw, although usually the amount is much higher. With no cap on how high the jackpot can climb, Mega Millions has produced some famous wins, including $1.602 billion hit by a player in Florida in August 2023 after 31 rolls.

The jackpot is the same amount in all 47 localities where Mega Millions is played - 45 states, the District of Columbia, and the U.S. Virgin Islands. If you match all six numbers drawn, the value of the top prize is the same no matter which jurisdiction you purchased your ticket in. However, taxes in different areas affect the amount a winner will ultimately receive.

Minimum Mega Millions Jackpot

In spring 2020, Mega Millions officials removed the guaranteed minimum jackpot value. The minimum rollover increase was also removed. The changes were needed due to the spread of coronavirus, as players remained at home and ticket sales declined.

The previous starting jackpot was $40 million, with a minimum $10 million rollover. Since the announcement, the starting jackpot has stayed at $20 million, with rollovers of at least $2 million, although it's possible these amounts could change in the future based on ticket sales.

Go to the Powerball Jackpot page to find out about the grand prize available in the other major multi-state lottery.