After millions of Americans hoped the Mega Millions lottery would boost their wealth, one lucky player won the billion dollar jackpot on Friday and will see his wealth surpass that of some of the most famous celebrities.
The jackpot rose to $1.28 billion this week as Americans across the country joined the lottery, hoping to win $1 billion, one of the biggest payouts of Mega Millions history.
But one lucky player bought the winning ticket at a Speedway in Des Plaines, Illinois, just outside of Chicago, which has an immediate cash value of $747.2 million.
The jackpot will leave the winner, who has not been publicly identified, with more wealth than some of the richest celebrities, including Bono, who is widely believed to be around $700 million, and Dolly Parton, who is worth net estimated from anywhere. between 350 and 650 million dollars.
The winning numbers were 13, 36, 45, 57, 67, with a Mega Ball of 14 and a Megaplier of 2X, according to the Illinois Lottery. The jackpot reached the huge amount after 29 consecutive draws without winners.
In a statement Friday on the Mega Millions website, Ohio Lottery Director Pat McDonald, who is currently Senior Director of the Mega Millions Consortium, congratulated the winner.
“We are thrilled to have witnessed one of the biggest jackpot wins in Mega Millions history. We can’t wait to find out who won and we look forward to congratulating the winner soon! Better yet, this race exciting jackpot has had a significant positive impact on revenue for good causes raised by our member lotteries,” he said.
Mega Millions Jackpot Second Highest To Date
The odds of winning the Friday night jackpot were about one in 302 million.
Only once has the Mega Millions jackpot reached a higher amount than Friday, last January, according to the lottery.
On October 23, 2018, the jackpot was $1.537 billion and was won by a player from South Carolina. It was also the first time the jackpot reached $1 billion. On January 22, 2021, the jackpot hit the $1 billion mark again, with a player from Michigan taking home $1.050 billion in winnings.
Emily Irwin, Managing Director of Advisory and Planning at Wells Fargo Wealth & Investment Management, has already given Newsweek tips for all potential lottery winners, as historically many have struggled financially.
“Research shows that around 70% of lottery winners spend their assets – their lottery winnings – and a third of them even declare bankruptcy,” she said.
Irwin advised any winner to keep a cool head, build a financial team and resist the urge to make big purchases quickly.