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Mega Millions jackpot estimated at record $1.55 billion for Tuesday's drawing

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The cash payout option is estimated at $757.2 Million, the lottery said, adding that "at this level, jackpots are hard to predict with complete accuracy." The jackpot for Tuesday's Mega Millions drawing is estimated to be $1.55 billion, a record high for the lottery and among the largest-ever U.S. drawings. The drawing, which is scheduled for 11 p.m. ET, tops Mega Millions' previous high of $1.537 billion, according to the lottery. A single ticket sold in South Carolina won that prize. A Mega Millions ticket is seen as a person makes a purchase inside a convenience store, ahead of Tuesday's Mega Millions drawing of $1.55 billion, Monday, Aug. 7, 2023, in Kennesaw, Ga. Mike Stewart/AP The cash payout option is estimated at $757.2 million, the lottery said, adding that "at this level, jackpots are hard to predict with complete accuracy." The jackpot is larger than all but two other U.S. lottery drawings, a $1.586 billion Powerball in January 2016 and a $2....