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Mega Million Jackpot Boosted to $220 Million

28 June 2004

LANSING, Michigan – (PRESS RELEASE) -- As of 11:30 a.m. today, lottery officials for the Mega Millions game announced that -- due to solid ticket sales -- the estimated jackpot for Tuesday, June 29 has been increased by $10 million! The jackpot for tomorrow night's Mega Millions drawing now sits at $220 million!

"Excitement continues to increase at a rapid pace for tomorrow's drawing," said Lottery Commissioner Gary Peters. "Michigan has definitely come down with a case of jackpot fever!"

If one winning ticket matches all six numbers in Tuesday's drawing and the player chooses annuity payments over 26 years, the $220 million jackpot would amount to pre-tax payments of roughly:

-- $8.46 million per year;

-- $162,692 per week; or

-- $23,178 per day!

For those who prefer to take their cash winnings up-front, it's a pretty nice payday as well. If one lucky cash-option player matches all six winning numbers, he or she will take home a check for approximately $124.8 million (before taxes), the estimated present cash value of Tuesday's $220 million jackpot!

Mega Millions tickets are available in Michigan, Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Texas, Virginia and Washington. Tuesday's drawing will be conducted at 11 p.m. and broadcast on cable superstation WGN out of Chicago as well as a network of Michigan stations (check local listings). For more information, you can also visit the Mega Millions Web site at: http://www.megamillions.com .

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