The Mega Millions jackpot has surged to an impressive $754 million this week, marking the ninth-largest prize in the game’s history since its inception in 2002. For context, the largest jackpot reached a staggering $1.6 billion in 2023. The last winning ticket was claimed in Virginia in June when one fortunate player walked away with a $348 million prize. Drawings for the lottery take place every Tuesday and Friday, with tickets priced at $5 and available across 45 states, Washington, D.C., and the U.S. Virgin Islands. The next drawing is scheduled for tonight at 11 p.m. ET.
While it’s important to consider that taxes would significantly reduce the actual amount received, analyzing the full $754 million prize allows us to visualize its potential.
With such a massive jackpot figure, one could explore various extravagant purchases. For instance, Taylor Swift’s engagement ring, estimated to cost between $400,000 and $1 million, could mean that a Mega Millions winner could afford to buy anywhere from 750 to over 1,000 of these rings, depending on the precise value of an individual ring.
Additionally, the collectible toy Labubu has gained a following, with one rare version recently selling for a record $10,500. If a lucky winner decided to indulge in these collectibles, they could acquire around 71,809 Labubus with their winnings.
In a different vein, Dubai’s chocolate bars have become a sensation, costing about $40 each. The jackpot winner could delight in purchasing over 18 million of these treats, enough to satisfy cravings for an entire city.
For those with a taste for luxury travel, an ultra-long-range private jet, priced at approximately $65 million, could be within reach. A jackpot winner could afford to buy 11 such jets, not including additional costs related to crew and maintenance.
Finally, as the latest iPhone 17 retails starting at $799, the winner could finance 943,679 of these devices, far exceeding the population of North Dakota, which is estimated to be around 796,568.
The excitement around the jackpot reflects not just the potential for wealth, but the myriad possibilities it presents, fueling dreams of extravagant lifestyles and indulgent purchases.