After no winning ticket was sold on Friday night, the Mega Millions prize grew to $1 billion, making it the fifth- largest prize in history.

Mega Millions Jackpot

There was no winning ticket for the Mega Millions lottery.

Copyright 2023 The Associated Press. All rights reserved.

It was the fourth time in just over four years that the Mega Millions prize has topped $1 billion, after no tickets matched all six numbers in the Saturday night drawing.

The fifth spot of all time is occupied by the Mega Millions prize won in January 2021.

After taxes are taken into account, the winner of the next drawing would walk away with less than half of the total amount.

One of the more popular options is to take the money in 30 installments over 29 years.

If the winner has no additional income, dependents or tax deductions, the prize money will be reduced to as low as $358.6 million, plus a federal marginal rate as high as 37%.

Billions of dollars. It was the biggest of all time, with one winner getting $628 million in a cash lump sum. The second biggest was in October of last year. Two people in Illinois won a Mega Millions lottery prize of over a billion dollars.

Surprising Fact

A second-place $1 million prize was won by five tickets that didn't match the gold ball number. Two of those tickets were sold in New York. According to the Mega Millions, there is one chance of winning the whole thing. The tickets that match four white balls with the gold ball win $10,000 and the tickets that don't have the gold ball win $500.

Here is how much the winner would take home after taxes.

Friday's Mega Millions drawing yielded no winners.