Mega Millions hits $1 billion.
The Mega Millions jackpot has surpassed $1 billion.
This makes it the third-largest jackpot in U.S. history.
The last time the Mega Millions jackpot was won was in September 2020.
The odds of winning the Mega Millions jackpot are 1 in 302.5 million.
The next drawing will take place on Friday night.
The cash option for the $1 billion jackpot is $739.6 million.
The largest jackpot in U.S. history was $1.586 billion, which was split between three winners in January 2016.