What are the odds that someone can win megamillion jackpot

The last megamillion draw was for $169 million

The odds to match all five white balls are 12,607,306-to-1.

The odds of winning the jackpot are 302,575,350-to-1.

The two jackpot payout choices available from the country's major lotteries are annuities and cash.

In the annuity option the the whole prize is given annually in instalment over 29 years

In the cash payout option the prize is given immediately but the amount is reduced

The $1.28 billion Mega Millions jackpot was won against the odds by someone.

So the july 29 lottery winner who won $ 1.28 billion will get $747.2 million if he/she takes the cash prize