DETROIT (Michigan News Source) – The Mega Millions drawing Tuesday night offers a top prize of an estimated $1.55 billion, which marks the largest jackpot the lottery has ever awarded.

The whopping prize is up for grabs at 11 p.m.  after no ticket matched all six numbers drawn Friday night.

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Were one ticket to win, the holder could choose to spread the full amount in annual payments over 29 years, or receive a lump sum payment estimated at about $757 million, both before taxes.

A $1.55 billion jackpot would exceed the current Mega Millions record of $1.537 billion won in South Carolina in 2018, it said.

Though Mega Millions’ jackpot has gone unclaimed since the last one was won in New York on April 18, more than 36 million winning tickets have qualified for lower prizes in that time, ranging from a couple bucks to $5 million.

The all-time record for largest lottery jackpot was a $2.04 billion Powerball prize won last year in California.