$940M Mega Millions prize just latest of massive jackpots

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(Source: CNN via CNN Newsource)

DES MOINES, Iowa (AP) — Call it the Golden Age of lottery jackpots. Or to put it another way, what’s up with all the massive lottery prizes? The latest haul up for grabs is a $940 million Mega Millions jackpot, with a drawing set for Friday night. The prize ranks as the sixth largest in U.S. history. That comes less than two months after a player in California won a record $2.04 billion Powerball jackpot. Players also won lottery prizes topping $1 billion earlier in 2022 and in 2021.But while it may seem the lottery gods are showering players with repeated chances at hard-to-fathom riches, the credit for the big prizes is actually due to math — and more difficult odds.