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Mega Millions Cold Streak Pushes Jackpot to 348 Million – What You Need to Know

With no Mega Millions jackpot winner since April the prize has climbed to an estimated 348 million 1555 million cash Heres the full breakdown of the current cold streak prize figures odds and recent history .

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Mega Millions Cold Streak Continues

The Mega Millions lottery has entered a prolonged cold streak No jackpot winner has emerged since April 18 when the Ironwood Family Trust in Ohio claimed a 112 million prize equating to a 493 million cash payout according to People Mens Journal and My Journal Courier .

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Since then the jackpot has continued to climb with each drawing As of the upcoming draw on Friday June 27 at 11 pm ET the estimated jackpot stands at 348 million with a cash option of 1555 million according to SF Chronicle and Mens Journal .

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Also Read : Breaking Down the Ending of Squid Game Season 3

Huge Leap in Prize Value

This current figure marks a 22 million jump from the last drawing on Tuesday June 24 when the top prize was estimated at 326 million Because no ticket has matched all six numbers in several weeks the jackpot continues to roll over and grow drawing in more hopeful players .

So far in 2025 Mega Millions has produced only three jackpot winners

  • January 17 – 112 million
  • March 25 – 349 million
  • April 18 – 112 million Ironwood Family Trust

The jackpot increases after each drawing until a ticket finally hits all six numbers .

Game Mechanics and Odds

  • Mega Millions is drawn twice a week—Tuesday and Friday at 11 pm ET Players pick five white balls from a pool of 1–70 and one gold Mega Ball from 1–25 .
  • There are nine prize tiers starting at 10 and escalating to the grand prize However winning the jackpot is extremely rare .
  • Overall odds of winning any prize 1 in 24
    Odds of hitting the jackpot 1 in 302575350

These odds don’t change with a higher jackpot just the number of hopeful ticket buyers does

What This Means for Players

The growing jackpot now well over 300 million tends to drive higher ticket sales but the odds remain fixed Winners can choose between two payout options .

Annuity – paid out over 30 annual installments

Lump sum cash – currently estimated at 1555 million before taxes

  • It’s important to factor in both federal and state taxes which can significantly reduce takehome amounts Experts advise planning ahead especially regarding financial planning and investment choices .
  • The last time someone won was on April 18 making this cold streak now more than 10 consecutive draws long .

Historical Context and Tips for Players

While jackpot droughts are not unusual they are always noteworthy The last big win of 349 million came on March 25 showing how long the pool can build before a winner emerges .

Why jackpots grow

No winners → Rollovers → Bigger prize pool
Bigger jackpot → More ticket sales → More funding for future jackpots

Tips for players

  • Play responsibly—odds are long and it is purely a game of chance
  • Decide in advance whether you would opt for annuity or lump sum
  • Consider taxes and consult a financial advisor if you win

Looking Ahead

The next Mega Millions drawing will be held on Friday June 27 at 11 pm ET If no winner emerges the jackpot will continue to soar possibly breaking new records in the weeks ahead .

Mega Millions jackpot climbs to $740 million | KELOLAND.com

Each rollover brings increased excitement media coverage and of course player participation The big question is Who will break the streak and claim the next Mega Millions fortune .

Summary

Mega Millions is currently experiencing one of its lengthier jackpot dry spells with no top prize winner since midApril That has pushed the prize to 348 million or 1555 million in cash While excitement builds the odds remain steep 1 in over 300 million .

The next chance to win comes Friday June 27 at 11 pm ET Whether you are buying a ticket or just watching the numbers roll one thing is certain this streak is setting the stage for a historic win .

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