Legal Age Players must be 18 to play New Jersey Lotteries. announced a record $3.68 billion in sales, the highest in Lottery history Lottery Proceeds uses Funds are used to support the various public employee pension systems. Lottery Commission Lottery Executive Director James A. E.T Ticket Cut-off Time Varies by Jurisdictions Prize Claiming Days Within 365 days from the drawing date Game History NJ Mega Millions was initiated in 1977. ![]() Prize type Jackpot Next Draw 10 October 2023 (Tuesday) at 11:00 P.M E.T Draw Days & Time Friday & Tuesday at 11:00 P.M. Here you can find all details about NJ Mega Millions Specification of NJ Mega Millions Ticket Cost $2 per play. The table below contains the summary of New Jersey Mega Millions lottery draws held today: Date Winning Numbers Yellow Ball Payout Tuesday, 5-6-29-32-61 13, 2016.Get Earliest NJ Mega Millions Result Summary record for a jackpot worth $1.586 billion shared among three winning tickets on Jan. Tuesday's jackpot will be the nation's fourth biggest lottery prize overall. The current Mega Millions record is $1.536 billion, sold in Oct. Most players choose the cash option, which for Tuesday's drawing would be $487.9 million, of which about one-third would go toward federal taxes with possibly more for state taxes, depending on where the buyer lives.Ī spokeswoman for the Ohio Lottery Commission said the jackpot likely would top $1 billion for Friday's drawing if no tickets hit the jackpot Tuesday. The massive prize is for a winner who takes an annuity option, paid out in 30 annual payments. New Jersey businesses get $30,000 for selling a winning ticket, while Connecticut businesses get a cool $100,000. In New York, that commission is $10,000 - a nice sum, but it far lowest in the tri-state. Selling a winning Mega Millions ticket is also a boon for the business where the ticket was sold, as they get commission as well. The second-biggest portion (28 percent) goes to payments for state funds like health and human services, education, retired and active employee benefits, transportation, debt service and more. Thus far in 2022, the lottery generated more than $1 billion for the state of New Jersey.Ĭonnecticut divides up the prize money different as well, with the largest chunk of change (62 percent) going to prizes. From there, the 80 cents is used to bolster the state's pension program, as the money provides financial stability and potential growth for the retirement system until 2047.Īll lottery proceeds in the Garden State go into helping fund the pensions for retired public employees, including teachers, police, and firefighters, along with state, county and local workers, the law states. The rest is divided up, with 20 cents going to retailers fees/overhead, and the other 80 cents goes to the state, according to the Lottery Enterprise Contribution Act passed in 2017. In New York, 35 cents of each dollar spent on lottery games goes to education, and all lottery profit goes to k-12 schools in the state.įor each $2 Mega Millions ticket sold in New Jersey, $1 goes directly toward prizes. ![]() According to the Mega Millions website, half the proceeds from the sale of each ticket "remains in the state where the ticket was sold, where the money supports lottery beneficiaries and retailer commissions." However, for the tri-state, just buying a ticket does help fund state programs that many people rely on. With odds of hitting the big jackpot going off at 302 million to one, the chances of matching all the numbers are simply astronomical. Get Tri-state area news and weather forecasts to your inbox.
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