Central New York, Consumer

Mega Millions Jackpot Soars to $522 Million

Student Choice, located on Marshall street near Syracuse University, usually experiences an uptick in business when the jackpot grows. © 2018 Erron Franklin

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Audio Transcript: Mega Millions Jackpot

By Erron Franklin SYRACUSE, N.Y. (NCC NEWS) — The Mega Millions Jackpot is now over half a billion dollars – the fifth largest in Lotto history.

If someone wins Tuesday night’s jackpot, the cash payout would be valued at 308 million dollars.

According to the Mega Millions website, the last person to win a jackpot, of this amount or larger, was earlier this year. In March, Richard Wahl of Vernon, New Jersey won a 533 million dollar prize.

Local retailers like Student Choice Foods on Marshall Street is one of the few places to sell Lotto tickets near Syracuse University. When the jackpot grows they typically see a spike in business.

“It’s been a few times when the jackpot really grew huge and then it’s very busy. I think we are one of a few couple stores that have Lotto,” said Pat Hill, a store employee.

With all the excitement surrounding the enormity of the prize, scammers are out trying to lure consumers.

Mega Millions has a list of warnings on their site about those falsely using the mega millions name. They say all scams have one thing in common:

“They try to trick you into sending them money or personal information by claiming that you have won a large lottery prize. They often target older people and have been known to wipe out victims’ retirement savings.”

You can always contact the federal trade commission regarding any type of lottery fraud.

To win the big prize, tickets need to be purchased by 10:45PM, on Tuesday evening, when the draw closes. The winning numbers will then be announced 11:00PM.