3/29/2012 - 11:47 AM

Mega Millions Jackpot Increased to $540 Million

The Mega Millions jackpot climbed to a whopping $540 million Thursday, solidifying its position as the world's largest jackpot. The cash value of the jackpot, also a world record, is $389.8 million.

Thursday morning, the Multi-State Lottery Association (MUSL) that operates the game on behalf of 44 participating lotteries, including the Louisiana Lottery, announced an increase to Mega Millions' estimated jackpot size based on a surge in sales. Before the increase, the advertised jackpot was $500 million.

The drawing is Friday, March 30 at 10 p.m. Mega Millions tickets must be purchased by 9 p.m. the night of the drawing. Drawings are broadcast live from Atlanta, Ga., on Official Lottery Draw Show TV stations, a list of which can be found on the Lottery's website.